Example ContractsClausescompensationVariants
Compensation
Compensation contract clause examples

Compensation. Any compensation paid to Employee pursuant to the Agreement shall not be considered “Compensation” as defined in [[Company:Organization]] Employee Savings Plan or “Earnings” as defined in [[Company:Organization]] Pension Plan. Payments to Employee shall not be considered wages, salary or compensation under any other Company-sponsored employee benefit or compensation plan or program, unless the explicit terms of such plan or program provide otherwise.

Compensation and/or Earnings. Any compensation paid on behalf of Employee under this Agreement shall not be considered “compensation,” as such term is defined in [[Southern:Organization]] Employee Savings Plan or “earnings” as such term is defined in the Pension Plan. Payments under this Agreement shall not be considered wages, salaries or compensation under any other employee benefit plan of the Company or any other [[Southern:Organization]] Entity.

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