Discretionary Nature of Plan Clause Example from Business Contracts

This example Discretionary Nature of Plan clause appears in 5 contracts from 1 company

Discretionary Nature of Plan. The Plan is discretionary and may be amended, cancelled or terminated by the Company at any time, in its discretion. The grant of the SARs in this Agreement does not create any contractual right or other right to receive any SARs or other Awards in the future. Future Awards, if any, will be at the sole discretion of the Company. Any amendment, modification, or termination of the Plan shall not constitute a change or impairment of the terms and conditions of the Participant's employment with the ...Company. View More
Found in Geospatial Corp contract
Geospatial Corp Contracts

Stock Appreciation Rights Agreement by and between Geospatial Corporation and Troy G. Taggart dated October 23, 2015 (Filed With SEC on April 14, 2016)

Stock Appreciation Rights Agreement by and between Geospatial Corporation and Thomas R. Oxenreiter dated October 23, 2015 (Filed With SEC on April 14, 2016)

Stock Appreciation Rights Agreement dated October 18, 2013 between Geospatial Corporation and Mark A. Smith (Filed With SEC on March 26, 2014)

Stock Appreciation Rights Agreement dated October 18, 2013 between Geospatial Corporation and Troy Taggart (Filed With SEC on March 26, 2014)

Stock Appreciation Rights Agreement dated October 18, 2013 between Geospatial Corporation and Thomas R. Oxenreiter (Filed With SEC on March 26, 2014)