Not Compensation. Purchaser acknowledges that the opportunity to purchase the Shares shall not be included in or deemed to be a part of any (i) compensation, (ii) definition of pensionable or other earnings (however defined) for the purpose of calculating any benefits payable to or on behalf of Purchaser under any pension, retirement, termination or dismissal indemnity, severance benefit, retirement indemnity or other benefit arrangement of the Company or any Subsidiary or (iii) calculation of pay for any purpose.
Appears in 3 contracts
Sources: Director Securities Purchase Agreement (Fogo De Chao, Inc.), Director Securities Purchase Agreement (Fogo De Chao, Inc.), Director Securities Purchase Agreement (Fogo De Chao, Inc.)