Other Benefit and Compensation Programs. Payments and other benefits received by Employee under this Agreement shall not be deemed a part of Employee's regular, recurring compensation for purposes of the termination, indemnity, or severance pay law of any country and shall not be included in, nor have any effect on, the determination of benefits under any other employee benefit plan, contract, or similar arrangement provided by CNT (or an Affiliate of CNT) unless expressly so provided by such other plan, contract, or arrangement, or unless the Committee determines that the Option, or a portion thereof, should be included to accurately recognize that the Option has been made in lieu of a portion of competitive cash compensation, if such is the case.
Appears in 7 contracts
Samples: Incentive Stock Option Agreement (Computer Network Technology Corp), Non Qualified Stock Option Agreement (Computer Network Technology Corp), Incentive Stock Option Agreement (Computer Network Technology Corp)
Other Benefit and Compensation Programs. Payments and other benefits received by Employee under this Agreement shall not be deemed a part of Employee's regular, recurring compensation for purposes of the termination, indemnity, or severance pay law of any country and shall not be included in, nor have any effect on, the determination of benefits under any other employee benefit plan, contract, or similar arrangement provided by CNT RealXxxxxx.xxx (or xx an Affiliate of CNTRealXxxxxx.xxx) unless xxless expressly so provided by such other plan, contract, or arrangement, or unless the Committee determines that the Option, or a portion thereof, should be included to accurately recognize that the Option has been made in lieu of a portion of competitive cash compensation, if such is the case.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Computer Network Technology Corp), Non Qualified Stock Option Agreement (Computer Network Technology Corp)
