Common use of Other Plans and Agreements Clause in Contracts

Other Plans and Agreements. Any gain realized by the Participant pursuant to this Agreement shall not be taken into account as compensation in the determination of the Participant's benefits under any pension, savings, group insurance, or other benefit plan maintained by the Company, except as determined by the board of directors of Verizon or, in the case of a plan not maintained by Verizon, the Related Company that maintains the plan. The Participant acknowledges that receipt of this Agreement or any prior stock option agreement shall not entitle the Participant to any other benefits under the Plan or any other plans maintained by the Company.

Appears in 12 contracts

Samples: Employment Agreement (Verizon Communications Inc), Employment Agreement (Verizon Communications Inc), Employment Agreement (Verizon Communications Inc)

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Other Plans and Agreements. Any gain realized by the Participant pursuant to this Agreement shall not be taken into account as compensation in the determination of the Participant's benefits under any pension, savings, group insurance, or other benefit plan maintained by the Verizon or a Related Company, except as determined by the board of directors of Verizon or, in the case of a plan not maintained by Verizon, the Related Company that maintains the plansuch company. The Participant acknowledges that receipt of this Agreement or any prior stock option RSU agreement shall not entitle the Participant to any other benefits under the Plan or any other plans maintained by the Company.

Appears in 9 contracts

Samples: Employment Agreement (Verizon Communications Inc), Employment Agreement (Verizon Communications Inc), Employment Agreement (Verizon Communications Inc)

Other Plans and Agreements. Any gain realized by the Participant pursuant to this Agreement shall not be taken into account as compensation in the determination of the Participant's benefits under any pension, savings, group insurance, or other benefit plan maintained by the Verizon, Verizon Wireless, or a Related Company, except as determined by the board of directors of Verizon or, in the case of a plan not maintained by Verizon, the Related Company that maintains the plansuch company. The Participant acknowledges that receipt of this Agreement or any prior stock option RSU agreement shall not entitle the Participant to any other benefits under the Plan or any other plans maintained by the Company.

Appears in 3 contracts

Samples: Employment Agreement (Verizon Wireless Inc), Employment Agreement (Verizon Communications Inc), Employment Agreement (Verizon Wireless Inc)

Other Plans and Agreements. Any gain realized by the Participant pursuant to this Agreement shall not be taken into account as compensation in the determination of the Participant's ’s benefits under any pension, savings, group insurance, or other benefit plan maintained by the Verizon or a Related Company, except as determined by the board of directors of Verizon or, in the case of a plan not maintained by Verizon, the Related Company that maintains the plansuch company. The Participant acknowledges that receipt of this Agreement or any prior stock option PSU agreement shall not entitle the Participant to any other benefits under the Plan or any other plans maintained by the Company.

Appears in 3 contracts

Samples: Performance Stock Unit Agreement (Verizon Communications Inc), Performance Stock Unit Agreement (Verizon Communications Inc), Performance Stock Unit Agreement (Verizon Communications Inc)

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Other Plans and Agreements. Any gain realized by the Participant pursuant to this Agreement shall not be taken into account as compensation in the determination of the Participant's ’s benefits under any pension, savings, group insurance, or other benefit plan maintained by the Company, except as determined by the board of directors of Verizon or, in the case of a plan not maintained by Verizon, the Related Company that maintains the plan. The Participant acknowledges that receipt of this Agreement or any prior stock option agreement shall not entitle the Participant to any other benefits under the Plan or any other plans maintained by the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Verizon Communications Inc)

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