Example ContractsClausesNot Salary, Pensionable Earnings or Base Pay
Not Salary, Pensionable Earnings or Base Pay
Not Salary, Pensionable Earnings or Base Pay contract clause examples

Not Salary, Pensionable Earnings or Base Pay. The Participant acknowledges that the Award shall not be included in or deemed to be a part of # salary, normal salary or other ordinary compensation, # any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of the Participant under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or # any calculation of base pay or regular pay for any purpose.

Not Salary, Pensionable Earnings or Base Pay. The Participant acknowledges that the Option shall not be included in or deemed to be a part of # salary, normal salary or other ordinary compensation, # any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of the Participant under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or # any calculation of base pay or regular pay for any purpose.

Not Salary, Pensionable Earnings or Base Pay. The Participant acknowledges that the Award shall not be included in or deemed to be a part of # salary, normal salary or other ordinary compensation, # any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of the Participant under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or # any calculation of base pay or regular pay for any purpose.

For purposes of [Section 4.0(e)(i)], the Executive’s pensionable earnings shall be calculated based on the lesser of: # 40% of the Executive’s Severance Salary Rate; and # the Average Bonus; and

The annual base salary is the basis for the insured pensionable income; both the Company and the Employee share the premium payments.

Not Salary, Pensionable Earnings or Base Pay. Employee acknowledges that, notwithstanding the terms of the AssetMark Financial 401(k) Plan and AssetMark Financial Deferred Compensation Plan, the Award and any payments thereunder # shall not be included in or deemed to be a part of # salary, normal salary or other ordinary compensation, # any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of the Employee under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any affiliate or # any calculation of base pay or regular pay for any purpose and # shall not be subject to deferral or part of any contribution to any defined contribution or deferred compensation plan.

For purposes of [Section 4.0(e)(i)], the Executive’s pensionable earnings shall be calculated based on the lesser of: # 40% of the Executive’s Severance Salary Rate; and # the Average Bonus; and

Not Salary, Pensionable Earnings or Base Pay. Participant acknowledges that this Agreement shall not be included in or deemed to be a part of # salary, normal salary or other ordinary compensation, # any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of Participant under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or # any calculation of base pay or regular pay for any purpose, without the Company’s consent.

Not Salary, Pensionable Earnings or Base Pay. The Participant acknowledges that the Award shall not be included in or deemed to be a part of # salary, normal salary or other ordinary compensation, # any definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of the Participant under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or # any calculation of base pay or regular pay for any purpose.

For purposes of [Section 4.0(e)(i)], the Executive’s pensionable earnings shall be calculated based on the lesser of: # 40% of the Executive’s Severance Salary Rate; and # the Average Bonus; and

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