Common use of Other Employee Benefits Clause in Contracts

Other Employee Benefits. The amount of any compensation deemed to be received by Employee as a result of this Agreement and the issuance of shares of Stock hereunder, shall not constitute “earnings” or “compensation” with respect to which any other employee benefits of Employee are determined, including without limitation benefits under any pension, profit sharing, 401(k), bonus, life insurance or salary continuation plan, except to the extent specifically provided in such separate plan or agreement.

Appears in 11 contracts

Samples: Performance Share Unit Grant Agreement (M.D.C. Holdings, Inc.), Performance Share Unit Grant Agreement (M.D.C. Holdings, Inc.), Performance Share Unit Grant Agreement (M.D.C. Holdings, Inc.)

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Other Employee Benefits. The amount of any compensation deemed to be received by Employee Optionee as a result of this Agreement and the issuance issuances of shares of Stock Shares hereunder, shall not constitute “earnings” or “compensation” with respect to which any other employee benefits of Employee Optionee are determined, including without limitation benefits under any pension, profit sharing, 401(k), bonus, life insurance or salary continuation plan, except to the extent specifically provided in such separate plan or agreement.

Appears in 6 contracts

Samples: Stock Option Agreement (M.D.C. Holdings, Inc.), Stock Option Agreement (MDC Holdings Inc), Stock Option Agreement (MDC Holdings Inc)

Other Employee Benefits. The amount of any compensation deemed to be received by Employee as a result of this Agreement and the issuance issuances of shares of Stock Shares hereunder, shall not constitute “earnings” or “compensation” with respect to which any other employee benefits of Employee are determined, including without limitation benefits under any pension, profit sharing, 401(k), bonus, life insurance or salary continuation plan, except to the extent specifically provided in such separate plan or agreement.

Appears in 4 contracts

Samples: Restricted Stock Agreement (M.D.C. Holdings, Inc.), Restricted Stock Agreement (MDC Holdings Inc), Restricted Stock Agreement (MDC Holdings Inc)

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Other Employee Benefits. The amount of any compensation deemed to be received by Employee under this Agreement as a result of this Agreement and the issuance vesting of shares of Restricted Stock granted hereunder, shall not constitute “earnings” or “compensation” with respect to which any other employee benefits of Employee are determined, including without limitation benefits under any pension, profit sharing, 401(k), bonus, life insurance or salary continuation plan, except to the extent specifically provided in such separate plan or agreement.

Appears in 3 contracts

Samples: Restricted Stock Agreement (M.D.C. Holdings, Inc.), Restricted Stock Agreement (M.D.C. Holdings, Inc.), Restricted Stock Agreement (M.D.C. Holdings, Inc.)

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