Common use of Sole Compensation Clause in Contracts

Sole Compensation. Supplier acknowledges and agrees that Supplier’s sole compensation is as set forth in this Agreement and that neither Supplier nor any of Supplier’s employees are entitled to participate in any of Buyer’s benefit plans, including but not limited to stock option plans, stock participation plans, profit sharing, retirement or pension plan contributions or savings or medical plans.

Appears in 2 contracts

Sources: Purchase Agreement (Apache Design Solutions Inc), Purchase Agreement (Apache Design Solutions Inc)

Sole Compensation. A. Supplier acknowledges and agrees that Supplier’s ’ s sole compensation is as set forth in this Agreement and that neither Supplier nor any of Supplier’s ’ s employees are entitled to participate in any of Buyer’s Yurcor’ s, Intel’ s or ▇▇▇▇▇’ s benefit plans, including including, but not limited to to, stock option plans, stock participation plans, profit sharing, retirement or pension plan contributions or savings or medical plans. B. The obligations stated in this Section, Sole Compensation, shall survive expiration or termination of this Agreement.

Appears in 1 contract

Sources: Service Provider Agreement