NO APPLICATION OF WORK AND REST LAW Sample Clauses

NO APPLICATION OF WORK AND REST LAW. Since the Employee is employed hereunder in a managerial position and/or in a position involving a special fiduciary relationship between the Employee and the Company, the Work and Rest Law (5711-1951), and any other law amending or replacing such law, shall not apply to the employee or to his employment with the Company, and the Employee shall not be entitled to any compensation in respect of such law. The Employee acknowledges that the compensation set forth in this Agreement includes any compensation otherwise due to the Employee pursuant to such law. The Employee undertakes, that he will not xxx, and/or demand, and/or claim that he is entitled to any additional payment to his Gross Salary due to overtime, above his Gross Salary which includes all the consideration which the Employee is entitled to receive for overtime.
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Related to NO APPLICATION OF WORK AND REST LAW

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