Grouped Into 22 Collections of Similar Clauses From Business Contracts
This page contains No Employment Rights clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
No Employment Rights. The grant of the PSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the PSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained herein will confer upon the Grantee any right with respect to continuance of employment or ...other service with the Corporation or any Subsidiary, nor will it interfere in any way with any right the Corporation or any Subsidiary would otherwise have to terminate the Grantee's employment or other service at any time.View More
No Employment Rights. The grant of the PSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the PSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained herein will in this Agreement shall confer upon the Grantee any right with respect to conti...nuance of employment be employed or other service with remain employed by the Corporation Company or any Subsidiary, of its Subsidiaries, nor will it interfere limit or affect in any way with any manner the right of the Corporation Company or any Subsidiary would otherwise have of its Subsidiaries to terminate the Grantee's employment or other service at any time. adjust the compensation of the Grantee. View More
No Employment Rights. The grant of the PSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the PSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained herein will confer upon the Grantee any right with respect to continuance of employment or ...other service with the Corporation or any Subsidiary, nor will it interfere in any way with any right the Corporation or any Subsidiary would otherwise have to terminate the Grantee's employment or other service at any time. -4- 13. Relation to Other Benefits. Any economic or other benefit to the Grantee under this Agreement or the Plan shall not be taken into account in determining any benefits to which the Grantee may be entitled under any profit-sharing, retirement or other benefit or compensation plan maintained by the Corporation or any of its Subsidiaries and shall not affect the amount of any life insurance coverage available to any beneficiary under any life insurance plan covering employees of the Corporation or any of its Subsidiaries. View More
No Employment Rights. No action of the Company in establishing the Plan, no action taken under the Plan by the Company or the Administrators and no provision of the Plan itself will be construed to establish an employment relationship with any entity other than the entity that the employee signed an offer letter with nor will it be construed to grant any person the right to remain in the employ of the Company or its subsidiaries for any period of specific duration. Rather, subject to applicable law, each employee is ...employed "at will," which means that either the employee or the Company or its subsidiaries may terminate the employment relationship at any time and for any reason or no particular reason or cause.View More
No Employment Rights. No action of the Company in establishing the Plan, no action taken under the Plan by the Company or the Administrators Committee and no provision of the Plan itself will be construed to establish an employment relationship with any entity other than the entity that the employee signed an offer letter with nor will it be construed to grant any person the right to remain in the employ of the Company or its subsidiaries for any period of specific duration. Rather, subject to applicable law, each em...ployee is employed "at will," which means that either the employee or the Company or its subsidiaries may terminate the employment relationship at any time and for any reason reason, with or no particular reason or without cause. View More
No Employment Rights. Nothing in this Agreement shall affect in any manner whatsoever the right or power of the Company, or a parent, subsidiary or affiliate of the Company, to terminate Purchaser's employment or consulting relationship, for any reason, with or without cause. -6- 8. Waiver of Statutory Information Rights. Purchaser acknowledges and understands that, but for the waiver made herein, Purchaser would be entitled, upon written demand under oath stating the purpose thereof, to inspect for any proper purpos...e, and to make copies and extracts from, the Company's stock ledger, a list of its stockholders, and its other books and records, and the books and records of subsidiaries of the Company, if any, under the circumstances and in the manner provided in Section 220 of the Delaware General Corporation Law (any and all such rights, and any and all such other rights of Purchaser as may be provided for in Section 220, the "Inspection Rights"). In light of the foregoing, until the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, as amended, Purchaser hereby unconditionally and irrevocably waives the Inspection Rights, whether such Inspection Rights would be exercised or pursued directly or indirectly pursuant to Section 220 or otherwise, and covenants and agrees never to directly or indirectly commence, voluntarily aid in any way, prosecute, assign, transfer, or cause to be commenced any claim, action, cause of action, or other proceeding to pursue or exercise the Inspection Rights. The foregoing waiver applies to the Inspection Rights of Purchaser in Purchaser's capacity as a stockholder and shall not affect any rights of a director, in his or her capacity as such, under Section 220. The foregoing waiver shall not apply to any contractual inspection rights of Purchaser under any written agreement with the Company.View More
No Employment Rights. Nothing contained in this Agreement, the Grant Notice or the Plan is intended to constitute or create a contract of employment, nor shall it constitute or create the right to remain associated with or in the employ of the Company or any related entity for any particular period of time. Nothing in this Agreement Agreement, the Grant Notice or the Plan shall affect in any manner whatsoever the right or power of the Company, or a parent, subsidiary or affiliate of the Company, any related entity, t...o terminate Purchaser's Participant's employment or consulting relationship, for any reason, with or without cause. cause, subject to Applicable Laws. -6- 8. 14. Waiver of Statutory Information Rights. Purchaser Participant acknowledges and understands that, but for the waiver made herein, Purchaser upon delivery of any Shares issued to Participant pursuant to this Agreement, Participant would be entitled, upon written demand under oath stating the purpose thereof, to inspect for any proper purpose, and to make copies and extracts from, the Company's stock ledger, a list of its stockholders, and its other books and records, and the books and records of subsidiaries of the Company, if any, under the circumstances and in the manner provided in Section 220 of the Delaware General Corporation Law of Delaware (any and all such rights, and any and all such other rights of Purchaser Participant as may be provided for in Section 220, the "Inspection Rights"). "). In light of the foregoing, until the first sale of Common Stock of the Company to the general public pursuant to a registration statement filed with and declared effective by the Securities and Exchange Commission under the Securities Act of 1933, as amended, Purchaser Participant hereby unconditionally and irrevocably waives the Inspection Rights, whether such Inspection Rights would be exercised or pursued directly or indirectly pursuant to Section 220 or otherwise, and covenants and agrees never to directly or indirectly commence, voluntarily aid in any way, prosecute, assign, transfer, or cause to be commenced any claim, action, cause of action, or other proceeding to pursue or exercise the Inspection Rights. The foregoing waiver applies to the Inspection Rights of Purchaser Participant in Purchaser's Participant's capacity as a stockholder and shall not affect any rights of a director, in his or her capacity as such, under Section 220. The foregoing waiver shall not apply to any contractual inspection rights of Purchaser Participant under any written agreement with the Company. View More
No Employment Rights. No provision of this Agreement shall: (a) confer or be deemed to confer upon the Participant any right to continue in the employ of the Company or any Subsidiary or in any way affect the right of the Company or 3 any Subsidiary to dismiss or otherwise terminate the Participant's employment at any time for any reason with or without Cause, or (b) be construed to impose upon the Company or any Subsidiary any liability for any forfeiture of Restricted Shares which may result under this Agreement if... the Participant's employment is so terminated, or (c) affect the Company's right to terminate or modify any contractual relationship with a Participant, who is not an employee of the Company or a Subsidiary.View More
No Employment Rights. No provision of this Agreement shall: (a) confer or be deemed to confer upon the Participant any right to continue in the employ of the Company or any Subsidiary or shall in any way affect the right of the Company or 3 any Subsidiary to dismiss or otherwise terminate the Participant's employment at any time for any reason with or without Cause, case, or 2 (b) be construed to impose upon the Company or any Subsidiary any liability for any forfeiture of Restricted Shares the Long-Term Performance ...Award which may result under this Agreement if the Participant's employment is so terminated, or (c) affect the Company's right to terminate or modify any contractual relationship with a Participant, who the Participant if the Participant is not an employee of the Company or a Subsidiary. View More
No Employment Rights. Nothing in the Plan (or in any subscription agreement or other document related to this Plan) will confer upon any Employee or participant any right to continue in the employ or other service of the Company or any Subsidiary, constitute any contract or agreement of employment or other service or effect an employee's status as an employee at will, nor shall interfere in any way with the right of the Company or any Subsidiary to change such person's compensation or other benefits or to terminate h...is or her employment or other service, with or without cause. Nothing contained in this Section 24, however, is intended to adversely affect any express independent right of any such person under a separate employment or service contract other than a subscription agreement. -10- .View More
No Employment Rights. Nothing in the Plan (or in any subscription enrollment agreement or other document related to this Plan) will confer upon any Employee or participant any right to continue in the employ or other service of the Company or any Subsidiary, constitute any contract or agreement of employment or other service or effect an employee's status as an employee at will, nor shall interfere in any way with the right of the Company or any Subsidiary to change such person's compensation or other benefits or to ...terminate his or her employment or other service, with or without cause. Nothing contained in this Section 24, however, is intended to adversely affect any express independent right of any such person under a separate employment or service contract other than a subscription an enrollment agreement. -10- .View More
No Employment Rights. Neither this Agreement nor the Award evidenced hereby shall give the Participant any right to continue in the employ of the Company, any Affiliate or any other entity, or create any inference as to the length of employment of the Participant, or affect the right of the Company (or any Affiliate or any other entity) to terminate the employment of the Participant (with or without Cause), or give the Participant any right to participate in any employee welfare or benefit plan or other program of th...e Company, any Affiliate or any other entity.View More
No Employment Rights. Neither No provision of this Amended and Restated Agreement nor or the Award evidenced hereby PSUs or the shares of Common Stock issuable hereunder shall give the Participant any right to continue in the employ of the Company, any Affiliate or any other entity, or create any inference as to the length of employment of the Participant, or affect the right of the Company (or Company, any Affiliate or any other entity) entity to terminate the employment of the Participant (with Participant, with or... without Cause), Cause, or give the Participant any right to participate in any employee welfare or benefit plan or other program (other than the Plan) of the Company, any Affiliate or any other entity. View More
No Employment Rights. Nothing in this Agreement, including the grant of the Option hereunder, shall confer on Optionee any right to continue in the active employment of the Company, or any Affliate thereof, or interfere in any way with the right of the Company, or any Affliate thereof, at any time to terminate or modify the terms or conditions of such employment.
No Employment Rights. Nothing in this Agreement, including the grant of the Option hereunder, shall confer on Optionee any right to continue in the active employment of the Company, or any Affliate Affiliate thereof, or interfere in any way with the right of the Company, or any Affliate Affiliate thereof, at any time to terminate or modify the terms or conditions of such employment.
No Employment Rights. None of participation in the 2016 VSEP, the grant of any Performance Award and the payment of any Performance Award Shares will confer upon any Participant any right with respect to continuance of employment by the Company.
No Employment Rights. None of participation in the 2016 2013 VSEP, the grant of any Performance Award and the payment of any Absolute Performance Award Shares or Relative Performance Award Shares will confer upon any Participant any right with respect to continuance of employment by the Company.
No Employment Rights. No Employee shall have a right to be selected as a Participant under the Plan. Neither the Plan nor any action taken by the Committee in administration of the Plan shall be construed as giving any person any rights of employment or retention as an Employee or in any other capacity with the Company, the Bank or other Affiliates.
No Employment Rights. No Director, Employee or other person shall have a right to be selected as a Participant under the Plan. Neither the Plan nor any action taken by the Committee in administration of the Plan shall be construed as giving any person any rights of employment or retention as an Employee Employee, Director or in any other capacity with the Company, the Bank or other Affiliates. Subsidiaries.
No Employment Rights. This Agreement shall not create any right of the Grantee to continued Employment or limit the right of the Company to terminate the Grantee's Employment at any time and shall not create any right of the Grantee to Employment with the Company. 4 13. Amendment. This Agreement may be amended only by mutual written agreement of the parties.
No Employment Rights. This Agreement shall not create any right of the Grantee to continued Employment or limit the right of the Company to terminate the Grantee's Employment at any time and shall not create any right of the Grantee to Employment with the Company. 4 13. -6- 14. Amendment. This Agreement may be amended only by mutual written agreement of the parties.
