No Right to Employment or Service Contract Clauses (45)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains No Right to Employment or Service clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
No Right to Employment or Service. Nothing in this Agreement shall interfere with or limit in any way the right of the Company to terminate the Participant's service at any time, for any reason and with or without Cause. Any questions as to whether and when there has been a termination of such service and the cause of such termination shall be determined in the good faith of the Committee.
No Right to Employment or Service. Nothing in this Agreement shall interfere with or limit in any way the right of the Company to terminate the Participant's employment or service relationship at any time, for any reason and and, to the extent applicable, with or without Cause. Any questions as to whether and when there has been a termination of such employment or service relationship and the cause of such termination shall be determined in the good faith of the Committee.
No Right to Employment or Service. Any questions as to whether and when there has been a Termination of Service and the cause of such Termination of Service shall be determined in the sole discretion of the Committee. Nothing in this Agreement shall interfere 5 with or limit in any way the right of the Company or Subsidiaries to terminate the Participant's employment or service at any time, for any reason and with or without Cause. Any questions as to whether and when there has been a termination of such service and the cause of ...such termination shall be determined in the good faith of the Committee. View More
No Right to Employment or Service. Any questions as to whether and when there has been a Termination and the cause of such Termination shall be determined in the sole discretion of the Committee. Nothing in this Agreement shall interfere with or limit in any way the right of the Company Company, its Subsidiaries or its Affiliates to terminate the Participant's employment or service at any time, for any reason and with or without Cause. Any questions as to whether and when there has been a termination of such service and the cause... of such termination shall be determined in the good faith of the Committee. View More
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No Right to Employment or Service. The Participant's employment with the Company is on an at-will basis only, subject to the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Participant, nothing in this Agreement or the Plan will confer upon the Participant any right to employment by the Company or will interfere with, or restrict in any way, the rights of the Company, which are hereby expressly reserved, to terminate the employment of the Participant at any time for any reas...on whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly authorized officer of the Company. View More
No Right to Employment or Service. The Participant's employment with the Company and any of its subsidiaries is on an at-will basis only, subject to the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Participant, nothing in this Agreement or the Plan will confer upon the Participant any right to employment by the Company or any of its subsidiaries or will interfere with, or restrict in any way, the rights of the Company, Company or any of its subsidiaries, which are hereby ...expressly reserved, to terminate the employment of the Participant at any time for any reason whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly authorized officer of the Company. View More
No Right to Employment or Service. The Participant's employment with the Company is on an at-will basis only, subject to the provisions of applicable law. Accordingly, subject to any written, express employment contract with the Participant, nothing Nothing in this Agreement or the Plan will confer upon the Participant any right to employment by the Company or will interfere with, or restrict in any way, the rights of the Company, which are hereby expressly reserved, to terminate the employment of the Participant at any time for ...any reason whatsoever, with or without good cause. Such reservation of rights can be modified only in an express written contract executed by a duly authorized officer of the Company. View More
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No Right to Employment or Service. Nothing in the Option Agreement or the Plan shall interfere with or limit in any way the right of the Company or an Affiliate to terminate your employment or service at any time, nor confer upon you the right to continue in the employ of the Company and/or Affiliate.11. Domestic Relations Orders. You hereby acknowledge that nothing in this Agreement shall be construed as requiring the Committee to allow a Domestic Relations Order with respect to this Option grant.12. Forfeiture and Clawback. Not...withstanding any other provision of the Plan or this Option Agreement to the contrary, by signing this Agreement, you acknowledge that any incentive-based compensation paid to you hereunder may be subject to recovery by the Company under any clawback policy that the Company may adopt from time to time, including without limitation any policy that the Company may be required to adopt under Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the rules and regulations of the U.S. Securities and Exchange Commission thereunder or the requirements of any national securities exchange on which the Shares may be listed. You further agree to promptly return any such incentive-based compensation which the Company determines it is required to recover from you under any such clawback policy. 4 13. Tax Consultation. You understand you will incur tax consequences as a result of purchase or disposition of the Shares. You agree to consult with any tax consultants you think advisable in connection with the purchase of the Shares and acknowledge that you are not relying, and will not rely, on the Company for any tax advice.14. Confidentiality. The Participant acknowledges that this Award and similar awards are made on a selective basis and are, therefore, to be kept confidential. THE WILLIAMS COMPANIES, INC. By____________________________ Alan S. Armstrong President and CEO 5 EX-10.8 4 wmb_20131231xex108.htm EX-10.8 WMB_2013.12.31_EX10.8 EXHIBIT 10.8 Date=Grant DateTO: <@Name@>FROM: Alan S. ArmstrongSUBJECT: Stock Option AwardYou have been selected to receive a stock option award. This award is subject to the terms and conditions of The Williams Companies, Inc. 2007 Incentive Plan, as amended and restated from time to time, and the Nonqualified Stock Option Agreement. Your stock option award is subject to three-year graded vesting. You may view the vesting schedule for this award on-line.This stock option award is granted to you in recognition of your role as an employee whose responsibilities and performance are critical to the attainment of long-term goals. This award and similar awards are made on a selective basis and are, therefore, to be kept confidential. If you have any questions about this award, you may contact a dedicated Fidelity Stock Plan Representative at 1-800-544-9354.1Name: <@Name@> SSN: <@SSN@>THE WILLIAMS COMPANIES, INC.2007 INCENTIVE PLANNONQUALIFIED STOCK OPTION AGREEMENTThis Nonqualified Stock Option Agreement ("Option Agreement") contains the terms of the Option (as defined below) granted to you in this Option Agreement. Certain other terms of the Option are defined in the Plan (as defined below).1. Stock Options. Subject to the terms of The Williams Companies, Inc. 2007 Incentive Plan or any successor plan, including any supplements or amendments and restatements to it (the "Plan"), you have been granted the right ("Option") to purchase from the Company <@Num+C @> shares of the Company's Common Stock, par value $1 per share (the "Shares") effective <@GrDt+C@>. (the "Effective Date"). Your Option is exercisable in whole or in part at the exercise price of <@P+C @> (the "Option Price"), the closing stock price on <@GrDt+C@>, and has an expiration date of <@ExDt @>. The Option will vest in one-third increments each year for three years on the anniversary date of the Effective Date beginning the year following the Effective Date and is exercisable at such times and during such periods as are set forth in this Option Agreement and the Plan. View More
No Right to Employment or Service. Nothing in the Option Agreement or the Plan shall interfere with or limit in any way the right of the Company or an Affiliate to terminate your employment or service at any time, nor confer upon you the right to continue in the employ of the Company and/or Affiliate.11. Affiliate. 4 Exhibit 10.5 11. Domestic Relations Orders. You hereby acknowledge that nothing in this Agreement shall be construed as requiring the Committee to allow a Domestic Relations Order with respect to this Option grant.12.... Forfeiture and Clawback. Notwithstanding any other provision of the Plan or this Option Agreement to the contrary, by signing this Agreement, you acknowledge that any incentive-based compensation paid to you hereunder may be subject to recovery by the Company under any clawback policy that the Company may adopt from time to time, including without limitation any policy that the Company may be required to adopt under Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the rules and regulations of the U.S. Securities and Exchange Commission thereunder or the requirements of any national securities exchange on which the Shares may be listed. You further agree to promptly return any such incentive-based compensation which the Company determines it is required to recover from you under any such clawback policy. 4 13. policy.13. Tax Consultation. You understand you will incur tax consequences as a result of purchase or disposition of the Shares. You agree to consult with any tax consultants you think advisable in connection with the purchase of the Shares and acknowledge that you are not relying, and will not rely, on the Company for any tax advice.14. Confidentiality. The Participant acknowledges that this Award and similar awards are made on a selective basis and are, therefore, to be kept confidential. THE WILLIAMS COMPANIES, INC. By____________________________ Alan S. Armstrong President and CEO 5 EX-10.8 EX-10.5 4 wmb_20131231xex108.htm EX-10.8 WMB_2013.12.31_EX10.8 EXHIBIT 10.8 wmb_20180331xex105.htm EX-10.5 Exhibit Exhibit 10.5 Date=Grant DateTO: <@Name@>FROM: Alan S. ArmstrongSUBJECT: SUBJECT: Stock Option AwardYou have been selected to receive a stock option award. This award is subject to the terms and conditions of The Williams Companies, Inc. 2007 Incentive Plan, as amended and restated from time to time, and the Nonqualified Stock Option Agreement. Your stock option award is subject to three-year graded vesting. You may view the vesting schedule for this award on-line.This online.This stock option award is granted to you in recognition of your role as an employee whose responsibilities and performance are critical to the attainment of long-term goals. This award and similar awards are made on a selective basis and are, therefore, to be kept confidential. If you have any questions about this award, you may contact a dedicated Fidelity Stock Plan Representative at 1-800-544-9354.1Name: 1-800-823-0217.1 Exhibit 10.5Name: <@Name@> SSN: <@SSN@>THE WILLIAMS COMPANIES, INC.2007 INCENTIVE PLANNONQUALIFIED STOCK OPTION AGREEMENTThis Nonqualified Stock Option Agreement ("Option Agreement") contains the terms of the Option (as defined below) granted to you in this Option Agreement. Certain other terms of the Option are defined in the Plan (as defined below).1. Stock Options. Subject to the terms of The Williams Companies, Inc. 2007 Incentive Plan or any successor plan, including any supplements or amendments and restatements to it (the "Plan"), you have been granted the right ("Option") to purchase from the Company <@Num+C @> shares of the Company's Common Stock, par value $1 per share (the "Shares") effective <@GrDt+C@>. <@GrDt+C@> (the "Effective Date"). Your Option is exercisable in whole or in part at the exercise price of <@P+C @> (the "Option Price"), the closing stock price on <@GrDt+C@>, and has an expiration date of <@ExDt @>. The Option will vest in one-third increments each year for three years on the anniversary date of the Effective Date beginning the year following the Effective Date and is exercisable at such times and during such periods as are set forth in this Option Agreement and the Plan. View More
No Right to Employment or Service. Nothing in the Option Agreement or the Plan shall interfere with or limit in any way the right of the Company or an Affiliate to terminate your employment or service at any time, nor confer upon you the right to continue in the employ of the Company and/or Affiliate.11. Affiliate.10. Domestic Relations Orders. You hereby acknowledge that nothing in this Agreement shall be construed as requiring the Committee to allow a Domestic Relations Order with respect to this Option grant.12. Forfeiture and... Clawback. Notwithstanding any other provision of the Plan or this Option Agreement to the contrary, by signing this Agreement, you acknowledge that any incentive-based compensation paid to you hereunder may be subject to recovery by the Company under any clawback policy that the Company may adopt from time to time, including without limitation any policy that the Company may be required to adopt under Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the rules and regulations of the U.S. Securities and Exchange Commission thereunder or the requirements of any national securities exchange on which the Shares may be listed. You further agree to promptly return any such incentive-based compensation which the Company determines it is required to recover from you under any such clawback policy. 4 13. grant. 3 11. Tax Consultation. You understand you will incur tax consequences as a result of purchase or disposition of the Shares. You agree to consult with any tax consultants you think advisable in connection with the purchase of the Shares and acknowledge that you are not relying, and will not rely, on the Company for any tax advice.14. Confidentiality. The Participant acknowledges that this Award and similar awards are made on a selective basis and are, therefore, to be kept confidential. THE WILLIAMS COMPANIES, advice. WPX ENERGY, INC. By____________________________ Alan S. Armstrong President and CEO 5 EX-10.8 By____________________________James J. Bender Chief Executive Officer Name: [Participant Name]SSN: [Participant ID] 4 wmb_20131231xex108.htm EX-10.8 WMB_2013.12.31_EX10.8 EXHIBIT 10.8 Date=Grant DateTO: <@Name@>FROM: Alan S. ArmstrongSUBJECT: EX-10.15 4 exhibit101520140331.htm FORM OF STOCK OPTION AGREEMENT Exhibit 10.15 2014.03.31 Exhibit 10.15[Grant Date]TO: [Participant Name]FROM: James J. BenderSUBJECT: Nonqualified Stock Option AwardYou have been selected to receive a stock option award. This award is subject to grant certain terms of which are set forth in the terms and conditions of The Williams Companies, Inc. 2007 Incentive Plan, as amended and restated from time to time, and the attached Nonqualified Stock Option Agreement. Your stock option award is subject to three-year graded vesting. You may view the vesting schedule for this award on-line.This stock option award is granted to you in recognition of your role as an a key employee whose responsibilities and performance are critical to the attainment of long-term goals. This award and similar awards are made on a selective basis and are, therefore, to be kept confidential. If It is granted and subject to the terms and conditions of the WPX Energy, Inc. 2013 Incentive Plan, as amended from time to time, and the Nonqualified Stock Option Agreement.If you have any questions about this award, you may contact a dedicated Fidelity Stock Plan Representative at 1-800-544-9354.1Name: <@Name@> SSN: <@SSN@>THE WILLIAMS COMPANIES, INC.2007 1-800-544-9354.1WPX ENERGY, INC.2013 INCENTIVE PLANNONQUALIFIED STOCK OPTION AGREEMENTThis Nonqualified Stock Option Agreement ("Option Agreement") contains the terms of the Option (as defined below) granted to you in this Option Agreement. Certain other terms of the Option are defined in the Plan (as defined below).1. Stock Options. Subject to the terms of The Williams Companies, the WPX Energy, Inc. 2007 2013 Incentive Plan or any successor plan, including any supplements or amendments and restatements to it (the "Plan"), you have been granted the right ("Option") to purchase from the Company <@Num+C @> [Number of Shares Granted] shares of the Company's Common Stock, par value $1 per share (the "Shares") effective <@GrDt+C@>. [Grant Date] (the "Effective Date"). Your Option is exercisable in whole or in part at the exercise price of <@P+C @> [Grant Price] (the "Option Price"), the closing stock price on <@GrDt+C@>, [Grant Date], and has an expiration date of <@ExDt @>. [Expiration Date]. The Option will vest in one-third increments each year for three years on the anniversary date of the Effective Date beginning the year following the Effective Date and is exercisable at such times and during such periods as are set forth in this Option Agreement and the Plan. View More
View Variations (2)