Other Benefit and Compensation Programs. The Shares of Restricted Stock 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 Restricted Stock, or a portion thereof, should be included to accurately recognize that the Restricted Stock grant has been made in lieu of a portion of competitive cash compensation, if such is the case.
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Samples: Computer Network Technology Corp, Computer Network Technology Corp, Computer Network Technology Corp
Other Benefit and Compensation Programs. The Shares of Restricted Stock 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 the Company (or an Affiliate of CNTthe Company) unless expressly so provided by such other plan, contract, or arrangement, or unless the Committee determines that the Restricted Stock, or a portion thereof, should be included to accurately recognize that the Restricted Stock grant has been made in lieu of a portion of competitive cash compensation, if such is the case.
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Samples: Restricted Stock Agreement (Computer Network Technology Corp)
Other Benefit and Compensation Programs. The Shares of Neither the Restricted Stock received by Employee under this Agreement Units nor the shares of Stock into which the Restricted Stock Units are settled shall not be deemed a part of Employeethe Participant'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 Participant benefit plan, contract, or similar arrangement provided by CNT (the Company or an any Affiliate of CNT) unless expressly so provided by such other plan, contract, or arrangement, or unless the Committee determines that the Restricted StockStock Units, or a portion thereof, should be included to accurately recognize that the Restricted Stock Unit grant has been made in lieu of a portion of competitive cash compensation, if such is the case.
Appears in 1 contract
Samples: Incentive Plan (MGP Ingredients Inc)