Common use of No Impact on Other Benefits Clause in Contracts

No Impact on Other Benefits. Except as otherwise provided in a Grantee’s employment agreement, the value of the Grantee’s PSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

Appears in 6 contracts

Samples: Performance Share Units Award Agreement (Premier Financial Corp), Performance Share Units Award Agreement (First Defiance Financial Corp), Long Term Incentive Plan Award Agreement (United Community Financial Corp)

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No Impact on Other Benefits. Except as otherwise provided in a Grantee’s employment agreement, the The value of the Grantee’s PSUs is not part of his or her Grantee’s normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance insurance, or similar employee benefit.

Appears in 5 contracts

Samples: Performance Share Unit Agreement (Shyft Group, Inc.), Performance Share Unit Agreement (Shyft Group, Inc.), Performance Share Unit Agreement (Shyft Group, Inc.)

No Impact on Other Benefits. Except as otherwise provided in a The value of Grantee’s employment agreement, PSUs or the value of Stock underlying the Grantee’s PSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

Appears in 2 contracts

Samples: Psu Agreement (International Money Express, Inc.), Psu Agreement (International Money Express, Inc.)

No Impact on Other Benefits. Except as otherwise provided in a Grantee’s employment agreement, the The value of the Grantee’s Grantee`s PSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

Appears in 1 contract

Samples: Performance Share Units Award Agreement (Movado Group Inc)

No Impact on Other Benefits. Except as otherwise provided in a Grantee’s employment agreement, the The value of the Grantee’s PSUs is not part of his or her the Grantee’s normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Team Inc)

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No Impact on Other Benefits. Except as otherwise provided in a Grantee’s employment agreement, the The value of the Grantee’s PSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance insurance, or similar employee benefit.

Appears in 1 contract

Samples: Performance Share Unit Agreement (Spartan Motors Inc)

No Impact on Other Benefits. Except as otherwise provided in a Grantee’s employment agreement, the The value of the Grantee’s PSUs is not part of his or her normal or expected compensation for purposes of calculating any severance, retirement, welfare, insurance or similar employee benefit.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Team Inc)

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