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Common use of No Additional Payments Clause in Contracts

No Additional Payments. In no event shall the Company be required to award Covered Employees an additional payment if the restated or accurate financial results would have resulted in a higher incentive compensation payment.

Appears in 7 contracts

Sources: Employment Agreement, Performance Vesting Rsu Award Agreement (Great Lakes Dredge & Dock CORP), Performance Vesting Rsu Award Agreement (Great Lakes Dredge & Dock CORP)

Related Clauses

  • Additional Payments
  • Additional Payment
  • Certain Additional Payments
  • Optional Payments
  • No Additional Fees/Payment

Parent Clauses

  • Representations and Warranties Regarding Individual Mortgage Loans
  • Compensation Upon Termination
  • REPRESENTATIONS AND WARRANTIES REMEDIES AND BREACH
  • Representations and Warranties as to Individual Mortgage Loans
  • General

Sub-Clauses

  • No Fractional Shares or Scrip
  • Stock Splits, etc
  • Title to Warrant
  • Vesting
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