Effect on Other Employee Benefit Plans Clause Example from Business Contracts

This example Effect on Other Employee Benefit Plans clause appears in 2 contracts from 1 company

Effect on Other Employee Benefit Plans. The value of the PSUs subject to this Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating your benefits under any employee benefit plan sponsored by the Company, except as such plan otherwise expressly provides. Laureate expressly reserves its rights to amend, modify, or terminate any of the Company's employee benefit plans.