No Credit Toward Benefit Plans Sample Clauses

No Credit Toward Benefit Plans. The Individual Settlement Payments made to Participating Class Members under this Settlement, as well as any other payments made pursuant to this Settlement, will not be utilized to calculate any additional benefits under any benefit plans to which any Class Members may be eligible, including, but not limited to profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation plans, sick leave plans, PTO plans, and any other benefit plan. Rather, it is the Parties’ intention that this Settlement Agreement will not affect any rights, contributions, or amounts to which any Class Member may be entitled under any benefit plans.
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No Credit Toward Benefit Plans. Payments made to Plaintiff, Settlement Class 8 Members, and PAGA Group Members under this Settlement Agreement shall not be utilized to 9 calculate any additional benefits under any benefit plans to which they may be eligible, including, 10 but not limited to, under profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, 11 vacation plans, sick leave plans, PTO plans, and any other benefit plan. Rather, it is the Parties’ 12 intention that this Settlement Agreement will not affect any rights, contributions, or amounts to 13 which Plaintiff, Settlement Class Members, and PAGA Group Members, may be entitled under any 14 benefit plans.
No Credit Toward Benefit Plans. Except as otherwise required by applicable plan documents, the Individual Settlement Payments, Service Award, and PAGA Payment made to Plaintiff, Settlement Class Members and PAGA Releasees under this Settlement Agreement shall not be utilized to calculate any additional benefits under any benefit plans to which any Settlement Plaintiff may be eligible including, but not limited to: retirement plans, profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation plans, sick leave plans, PTO plans, pension plans, or any other benefit plan. It is the Parties’ intention that this Settlement Agreement will not affect any rights, contributions, or amounts to which Settlement Plaintiffs may be entitled under any benefit plans.
No Credit Toward Benefit Plans. Except as otherwise required by applicable plan documents, the Individual Settlement Payments, Service Award, and PAGA Payment made to Plaintiff, Settlement Class Members and PAGA Releasees under this Settlement shall not be utilized to calculate any additional benefits under any benefit plans to which any Settlement Class Member may be eligible including, but not limited to: retirement plans, profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation benefit plans, sick leave plans, PTO plans, DocuSign Envelope ID: 709BDE91-36CC-4940-9510-8E54E296371D pension plans, unemployment compensation, any perceived plans related to the Employee Retirement Income Security Act (“ERISA”), and/or any other benefit plan. It is the Parties’ intention that this Settlement will not affect any rights, contributions, or amounts to which Settlement Class Members may be entitled under any benefit plans.
No Credit Toward Benefit Plans. Payments made to Plaintiffs and Settlement Class 24 Members under this Settlement Agreement shall not be utilized to calculate any additional benefits 25 under any benefit plans to which they may be eligible, including, but not limited to, under profit- 26 sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation plans, sick leave plans, PTO 27 plans, and any other benefit plan. Rather, it is the Parties’ intention that this Settlement Agreement 28 will not affect any rights, contributions, or amounts to which Plaintiffs and Settlement Class 1 Members may be entitled under any benefit plans.
No Credit Toward Benefit Plans. Payments made to Plaintiffs and Settlement Class Members under this Agreement under the Settlement shall not be utilized to calculate any additional benefits under any benefit plans to which they may be eligible, including, but not limited to, under profit- sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation plans, sick leave plans, PTO plans, and any other benefit plan. Rather, it is the Parties’ intention that this Agreement will not affect any rights, contributions, or amounts to which Plaintiffs and/or any Settlement Class Member may be entitled under any benefit plans.
No Credit Toward Benefit Plans. The Individual Settlement Payments made to 20 Participating Settlement Class Members and Individual PAGA Payments made to PAGA Employees 21 under this Settlement, as well as any other payments made pursuant to this Settlement, will not be 22 utilized to calculate any additional benefits under any benefit plans to which any Settlement Class 23 Members may be eligible, including, but not limited to, profit-sharing plans, bonus plans, 401(k) plans, 24 stock purchase plans, vacation plans, sick leave plans, PTO plans, and any other benefit plan. Rather, 25 it is the Parties’ intention that this Settlement Agreement will not affect any rights, contributions, or 26 amounts to which any Settlement Class Members may be entitled under any benefit plans. For the 27 avoidance of doubt, no Settlement Class Member shall be entitled to any additional right, contribution, 28 or amount under any benefit plan as a result of this Settlement or payments made hereunder. Xxxxxx, Xxxx & Xxxxxxxx LLP Doc ID: c85e8d2d3820d0bd6a651053e8bee6a95312c358
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No Credit Toward Benefit Plans. The Individual Settlement Payments made to Participating 10 Class Members under this Settlement, as well as any other payments made pursuant to this Settlement, will not 11 be utilized to calculate any additional benefits under any benefit plans to which any Class Members may be 12 eligible, including, but not limited to profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, 13 vacation plans, sick leave plans, PTO plans, and any other benefit plan. Rather, it is the Parties’ intention that 14 this Settlement Agreement will not affect any rights, contributions, or amounts to which any Class Members 15 may be entitled under any benefit plans.
No Credit Toward Benefit Plans. The Individual Settlement Payments made to Participating Class Members under this Settlement, as well as any other payments made pursuant to this Settlement, shall not be utilized to calculate any additional benefits under any benefit plans to which any Class Members may be eligible, including, but not limited to profit-sharing plans, bonus plans, 401(k) plans, stock purchase plans, vacation plans, sick leave plans, PTO plans, and any other benefit plan, including, without limitation, all plans, subject to Employee Retirement Income Security Act (“ERISA”). The Parties agree these payments do not represent any modification of any employee’s previously- credited hours of service or other eligibility criteria under any employee pension benefit plan, employee welfare benefit plan, or other program or policy. Rather, it is the Parties’ intention that this Settlement Agreement will not affect any rights, contributions, or amounts to which any Class Members may be entitled under any benefit plans.
No Credit Toward Benefit Plans. The Individual Settlement Payments made to Settlement Class Members under this Agreement, as well as any other payments made pursuant to this Agreement, shall not be utilized to calculate any additional benefits under any benefit plans to which any Settlement Class Member may be eligible, including, but not limited to: profit-sharing plans, bonus plans, 401(k) plans, pension plans, retirement plans, stock purchase or other types of equity plans, vacation plans, sick leave plans, PTO plans, and any other benefit or incentive plan. Rather, it is the Parties’ intention that this Settlement will not affect any rights, contributions, or amounts to which any Settlement Class Members may be entitled under any benefit plans. The Parties agree that the amounts paid pursuant to this Settlement are not for days or hours worked, and are not included toward any regular rate of pay calculation, or any benefit vesting or accrual purpose.
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