Non-remuneration Clause Samples
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Non-remuneration. The Parties hereto acknowledge and agree that the Founder Consideration Shares are not part of the Founder’s salary or other remuneration for any purposes, including, in the event the Founder’s employment is terminated, for purposes of computing payment during any notice period, payment in lieu of notice, severance pay, other termination compensation or indemnity (if any) or any similar payments, except as, and to the extent required by, statute.
Non-remuneration. The Sellers hereby warrant, covenant, and agree that the payments made pursuant to Section 3 shall not be paid in whole or in part, directly or indirectly, overtly or covertly, in cash or in kind, to any physician or other referral source of the Seller’s Business to induce or reward referrals.
Non-remuneration. (1) The Consultant furnishes the advisory activities free of charge — based on his direct or indirect participation as a shareholder.
Non-remuneration. The right of use in accordance with clause 1 shall be granted free of charge.