No Acquired Rights Clause Example with 8 Variations from Business Contracts

This page contains No Acquired Rights clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
No Acquired Rights. In participating in the Plan, the Participant acknowledges and accepts that the Board has the power to amend or terminate the Plan, to the extent permitted thereunder, at any time and that the opportunity given to the Participant to participate in the Plan is entirely at the discretion of the Committee and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or different terms). The Participant further acknowledges and accepts that... such Participant's participation in the Plan is not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement or the Plan that may arise as a result of such termination of employment. View More
Found in HOVNANIAN ENTERPRISES INC contract

Variations of a "No Acquired Rights" Clause from Business Contracts

No Acquired Rights. In participating in the Plan, the Participant acknowledges and accepts that the Board has the power to amend or terminate the Plan, to the extent permitted thereunder, Plan at any time and that the opportunity given to the Participant to participate in the Plan is entirely at the discretion of the Committee and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or different terms). The Participant further acknowledges and accepts... that such Participant's participation in the Plan is outside the terms of the Participant's contract of employment with the Constituent Companies and is therefore not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement or the Plan that may arise as a result of such termination of employment. 11. No Rights of a Shareholder. The Participant shall not have any rights as a shareholder of the Company until the Shares in question have been registered in the Company's register of shareholders. View More
Found in 2 Contracts from Accenture plc
No Acquired Rights. In participating in the Plan, Plan and the LTIP, the Participant acknowledges and accepts that the Board has and the Committee have the power to amend or terminate the Plan, Plan and the LTIP, to the extent permitted thereunder, at any time and that the opportunity given to the Participant to participate in the Plan and the LTIP is entirely at the discretion of the Committee and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same ...or different terms). The Participant further acknowledges and accepts that such Participant's participation in the Plan and the LTIP is not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement Agreement, the Plan or the Plan LTIP that may arise as a result of such termination of employment. View More
Found in 8 Contracts from HOVNANIAN ENTERPRISES INC
No Acquired Rights. In participating in the Plan, the Participant acknowledges and accepts that The Committee or the Board has the power to amend or terminate the Plan, to the extent permitted thereunder, Plan at any time and that the opportunity given to the Participant to participate in the Plan and the grant of this Award is entirely at the discretion of the Committee or the Board and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or differen...t terms). The Participant further acknowledges and accepts that such Participant's participation in the Plan and the receipt of this Award is outside the terms of the Participant's regular 3 contract of employment and is therefore not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement Award or the Plan that may arise as a result of such termination of employment. View More
Found in Aramark contract
No Acquired Rights. In participating in the Plan, the Participant acknowledges and accepts that The Committee or the Board has the power to amend or terminate the Plan, to the extent permitted thereunder, Plan at any time and that the opportunity given to the Participant to participate in the Plan and the grant of this Award is entirely at the discretion of the Committee or the Board and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or differen...t terms). The Participant further acknowledges and accepts that such Participant's participation in the Plan and the receipt of this Award is outside the terms of the Participant's regular contract of employment and is therefore not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement Award or the Plan that may arise as a result of such termination of employment. View More
Found in Aramark contract
No Acquired Rights. In participating in the Plan, the The Participant acknowledges and accepts that the Board has and the Committee have the power to amend or terminate the Plan, Plan and the LTIP, to the extent permitted thereunder, at any time and that the opportunity given granting of this Award to the Participant to participate in the Plan is entirely at the discretion of the Committee and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or di...fferent terms). The Participant further acknowledges and accepts that such Participant's participation in the Plan this Award is not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement Agreement, the Plan or the Plan LTIP that may arise as a result of such termination of employment. View More
Found in 2 Contracts from HOVNANIAN ENTERPRISES INC
No Acquired Rights. In participating in the Plan, the The Participant acknowledges and accepts that the Board has and the Committee have the power to amend or terminate the Plan, Plan and the LTIP, to the extent permitted thereunder, at any time and that the opportunity given granting of this Award to the Participant to participate in the Plan is entirely at the discretion of the Committee and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or di...fferent terms). The Participant further acknowledges and accepts that such Participant's participation in the Plan this Award is not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement Agreement, the Plan or the Plan LTIP that may arise as a result of such termination of employment. View More
Found in HOVNANIAN ENTERPRISES INC contract
No Acquired Rights. In participating in the Plan, the Participant acknowledges and accepts that the Board has the power to amend or terminate the Plan, to the extent permitted thereunder, at any time and that the opportunity given to the Participant to participate in the Plan is entirely at the discretion of the Committee Board and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or different terms). The Participant further acknowledges and accept...s that such Participant's participation in the Plan is not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement or the Plan that may arise as a result of such termination of employment. View More
Found in 5 Contracts from HOVNANIAN ENTERPRISES INC
No Acquired Rights. In participating in the Plan, the Participant acknowledges and accepts that the Board has the power to amend or terminate the Plan, to the extent permitted thereunder, Plan at any time and that the opportunity given to the Participant to participate in the Plan is entirely at the discretion of the Committee and does not obligate the Company or any of its Affiliates to offer such participation in the future (whether on the same or different terms). The Participant further acknowledges and accepts... that such Participant's participation in the Plan is outside the terms of the Participant's contract of employment with the Constituent Companies and is therefore not to be considered part of any normal or expected compensation and that the termination of the Participant's employment under any circumstances whatsoever will give the Participant no claim or right of action against the Company or its Affiliates in respect of any loss of rights under this Agreement or the Plan that may arise as a result of such termination of employment. View More
Found in 4 Contracts from Accenture plc