Common use of Termination Indemnities Clause in Contracts

Termination Indemnities. Your participation in the Plan is voluntary. The value of the Units and any other awards granted under the Plan is an extraordinary item of compensation outside the scope of your employment (and your employment contract, if any). Any grant under the Plan, including the grant of the Units, is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, holiday pay, pension or retirement benefits or similar payments.

Appears in 2 contracts

Samples: Restricted Stock Unit Grant Agreement (Cigna Corp), Cigna Stock Unit Plan (Cigna Corp)

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Termination Indemnities. Your participation in the Plan is voluntary. The value of the Units and any other awards granted under the Plan is an extraordinary item of compensation outside the scope of your employment (and your employment contract, if any). Any grant under the Plan, including the grant of the Units, is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension, holiday pay, pension pay or retirement benefits or similar payments.

Appears in 2 contracts

Samples: Cigna Stock Unit Plan: Restricted Stock Unit Grant Agreement (Cigna Corp), Cigna Stock Unit Plan: Restricted Stock Unit Grant Agreement (Cigna Corp)

Termination Indemnities. Your participation in the Plan is voluntary. The value of the Units and any other awards granted under the Plan is an extraordinary item of compensation outside the scope of your employment (and your employment contract, if any). Any grant under the Plan, including the grant of the Units, is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, holiday paypension, pension or retirement benefits or similar payments.

Appears in 2 contracts

Samples: Restricted Stock Unit Grant Agreement (Cigna Corp), Restricted Stock Unit Grant Agreement (Cigna Corp)

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Termination Indemnities. Your participation in the Plan is voluntary. The value of the Units Option and any other awards granted under the Plan is an extraordinary item of compensation outside the scope of your employment (and your employment contract, if any). Any grant under the Plan, including the grant of the UnitsOption, is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, holiday paypension, pension or retirement benefits or similar payments.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hillenbrand, Inc.)

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