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 Award subject to this Restricted Stock Unit Agreement shall not be included as compensation, earnings, salaries, or other similar terms used when calculating the Employee's benefits under any employee benefit plan sponsored by the Company or any Affiliate, except as such plan otherwise expressly provides. The Company expressly reserves its rights to amend, modify, or terminate any of the Company's or any Affiliate's employee benefit plans.