No Right to Continued Employment Clause Example with 4 Variations from Business Contracts
This page contains No Right to Continued Employment 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 Right to Continued Employment. Neither the Award nor any terms contained in this Agreement shall confer upon the Participant any express or implied right to be retained in the employment or service of the Company or any affiliate for any period, nor restrict in any way the right of the Company, which right is hereby expressly reserved, to terminate the Participant's employment or service at any time with or without Cause. The Participant acknowledges and agrees that any termination of the restrictions on the Restricted Stock ...Units awarded herein is earned only by continuing as an employee of the Company or an affiliate at the will of the Company or such affiliate, or satisfaction of any other applicable terms and conditions contained in the Plan and this Agreement, and not through the act of being hired or being granted the Award. 8. The Plan. This Agreement is subject to all the terms, provisions and conditions of the Plan, which are incorporated herein by reference, and to such regulations as may from time to time be adopted by the Committee. Unless defined herein, capitalized terms are as defined in the Plan. In the event of any conflict between the provisions of the Plan and this Agreement, the provisions of the Plan shall control, and this Agreement shall be deemed to be modified accordingly. A copy of the Plan and the prospectus shall be provided to the Participant upon the Participant's request to the Company at TrustCo Bank Corp NY, 5 Sarnowski Drive, Glenville, New York 12302, Attention: Secretary.View More
Variations of a "No Right to Continued Employment" Clause from Business Contracts
No Right to Continued Employment. Neither the Award Option nor any terms contained in this Agreement shall confer upon the Participant any express or implied right to be retained in the employment or service of the Company or any affiliate Affiliate for any period, nor restrict in any way the right of the Company, Company or any Affiliate, which right is hereby expressly reserved, to terminate the Participant's employment or service at any time with or without Cause. for any reason. The Participant acknowledges and agrees that a...ny termination of right to exercise the restrictions on the Restricted Stock Units awarded herein Option is earned only by continuing as an employee of the Company or an affiliate Affiliate at the will of the Company or such affiliate, Affiliate, or satisfaction of any other applicable terms and conditions contained in the Plan and this Agreement, and not through the act of being hired or hired, being granted the Award. 8. Option or acquiring Shares hereunder. 10 11. The Plan. This Agreement is subject In consideration for this Grant, the Participant agrees to all comply with the terms, provisions and conditions terms of the Plan, which are incorporated herein by reference, Plan and to such regulations as may from time to time be adopted by the Committee. this Agreement. Unless defined herein, capitalized terms are used herein as defined in the Plan. In the event of any conflict between the provisions of the Plan and this Agreement, the provisions of the Plan shall control, and this Agreement shall be deemed to be modified accordingly. This Agreement is subject to all the terms, provisions and conditions of the Plan, which are incorporated herein by reference, and to such regulations as may from time to time be adopted by the Committee. The Plan and the prospectus describing the Plan can be found on the Company's HR intranet and the Fidelity website (www.netbenefits.com). A paper copy of the Plan and the prospectus shall be provided to the Participant upon the Participant's written request to the Company at TrustCo Bank Corp NY, 5 Sarnowski Drive, Glenville, New York 12302, 2000 Post Oak Blvd., Suite 100, Houston, Texas 77056-4400, Attention: Corporate Secretary. View More
No Right to Continued Employment. Neither the Award Option nor any terms contained in this Agreement shall confer upon the Participant any express or implied right to be retained in the employment or service of the Company or any affiliate Affiliate for any period, nor restrict in any way the right of the Company, Company or any Affiliate, which right is hereby expressly reserved, to terminate the Participant's employment or service at any time with or without Cause. for any reason. The Participant acknowledges and agrees that a...ny termination of right to exercise the restrictions on the Restricted Stock Units awarded herein Option is earned only by continuing as an employee of the Company or an affiliate Affiliate at the will of the Company or such affiliate, Affiliate, or satisfaction of any other applicable terms and conditions contained in the Plan and this Agreement, and not through the act of being hired or hired, being granted the Award. 8. Option or acquiring Shares hereunder. 9 11. The Plan. This Agreement is subject In consideration for this grant, the Participant agrees to all comply with the terms, provisions and conditions terms of the Plan, which are incorporated herein by reference, Plan and to such regulations as may from time to time be adopted by the Committee. this Agreement. Unless defined herein, capitalized terms are used herein as defined in the Plan. In the event of any conflict between the provisions of the Plan and this Agreement, the provisions of the Plan shall control, and this Agreement shall be deemed to be modified accordingly. This Agreement is subject to all the terms, provisions and conditions of the Plan, which are incorporated herein by reference, and to such regulations as may from time to time be adopted by the Committee. The Plan and the prospectus describing the Plan can be found on the Company's HR intranet and the Fidelity website (www.netbenefits.com). A paper copy of the Plan and the prospectus shall be provided to the Participant upon the Participant's written request to the Company at TrustCo Bank Corp NY, 5 Sarnowski Drive, Glenville, New York 12302, 2000 Post Oak Blvd., Suite 100, Houston, Texas 77056-4400, Attention: Corporate Secretary. View More
No Right to Continued Employment. Neither the Award this award of Performance Shares nor any terms contained in this Agreement shall confer upon the Participant any express or implied right to be retained in the employment or service of the Company or any affiliate for any period, nor restrict in any way the right of the Company, which right is hereby expressly reserved, to terminate the Participant's employment or service at any time with or without Cause. The Participant acknowledges and agrees that any termination that, excep...t as otherwise provided herein, the satisfaction of the restrictions on time-based vesting condition is subject to the Restricted Stock Units awarded herein is earned only by continuing as an employee Participant's continuation of employment with the Company through the end of the Company or an affiliate at the will of the Company or such affiliate, or satisfaction of any other applicable terms and conditions contained in the Plan and this Agreement, Performance Period and not through the act of being hired or being granted the Award. 8. this award. -8- 7. The Plan. This Agreement is subject to all the terms, provisions and conditions of the Plan, which are incorporated herein by reference, and to such rules and regulations as may from time to time be adopted by the Committee. Unless defined herein, capitalized terms are as defined in the Plan. In the event of any conflict between the provisions of the Plan and this Agreement, the provisions of the Plan shall control, control and this Agreement shall be deemed to be modified accordingly. A copy of the Plan and the prospectus shall be provided to the Participant upon the Participant's request to the Company at TrustCo Bank Corp NY, 5 Sarnowski Drive, Glenville, New York 12302, Attention: Secretary. View More
No Right to Continued Employment. Neither the Award this award of Performance Shares nor any terms contained in this Agreement shall confer upon the Participant any express or implied right to be retained in the employment or service of the Company or any affiliate for any period, nor restrict in any way the right of the Company, which right is hereby expressly reserved, to terminate the Participant's employment or service at any time with or without Cause. The Participant acknowledges and agrees that any termination that, excep...t as otherwise provided herein, the satisfaction of the restrictions on time-based vesting condition is subject to the Restricted Stock Units awarded herein is earned only by continuing as an employee Participant's continuation of employment with the Company through the end of the Company or an affiliate at the will of the Company or such affiliate, or satisfaction of any other applicable terms and conditions contained in the Plan and this Agreement, Performance Period and not through the act of being hired or being granted the Award. this award. 3 8. The Plan. This Agreement is subject to all the terms, provisions and conditions of the Plan, which are incorporated herein by reference, and to such rules and regulations as may from time to time be adopted by the Committee. Unless defined herein, capitalized terms are as defined in the Plan. In the event of any conflict between the provisions of the Plan and this Agreement, the provisions of the Plan shall control, control and this Agreement shall be deemed to be modified accordingly. A copy of the Plan and the prospectus shall be provided to the Participant upon the Participant's request to the Company at TrustCo Bank Corp NY, 5 Sarnowski Drive, Glenville, New York 12302, Attention: Secretary. View More
