No Rights to Future Awards Contract Clauses (44)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains No Rights to Future Awards clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
No Rights to Future Awards. The grant of this Non-Qualified Option is subject to the terms of the Plan, which is discretionary in nature, and the terms of this Agreement. The grant of this Non-Qualified Option is a one‐time benefit, and does not create any contractual or other right to receive future grants of options, or benefits in lieu of options. All determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares of Common Stock subject ...to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Committee. Your participation in the Plan is voluntary. The grant of this Non-Qualified Option is an extraordinary item of compensation which is outside the scope of your oral, written or implied employment contract, if any. This Non-Qualified Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long‐service awards, pension or retirement benefits or similar payments. The vesting of this Non-Qualified Option ceases upon termination of employment for any reason except as otherwise explicitly provided in this Agreement. View More
Found in Schlumberger Ltd. contract
No Rights to Future Awards. The grant of this Non-Qualified Option ISO is subject to the terms of the Plan, which is discretionary in nature, and the terms of this Agreement. The grant of this Non-Qualified Option ISO is a one‐time benefit, and does not create any contractual or other right to receive future grants of options, or benefits in lieu of options. All determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares of Common Stock ...subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Committee. Your participation in the Plan is voluntary. The grant of this Non-Qualified Option ISO is an extraordinary item of compensation which is outside the scope of your oral, written or implied employment contract, if any. This Non-Qualified Option ISO is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long‐service awards, pension or retirement benefits or similar payments. The vesting of this Non-Qualified Option ISO ceases upon termination of employment for any reason except as otherwise explicitly provided in this Agreement. View More
Found in Schlumberger Ltd. contract
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No Rights to Future Awards. The grant of the RSUs 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.
Found in FTS International, Inc. contract
No Rights to Future Awards. The grant of the RSUs Restricted Shares under this Agreement to the Grantee Participant is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards.
Found in GRAY TELEVISION INC contract
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No Rights to Future Awards. Any Award granted under the Plan shall be a one-time Award that does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make available future grants under the Plan. 4 To be included in the pre-IPO award agreements. 5 To be deleted in the award agreements for awards made pursuant to the Calyxt, Inc. 2017 Restricted Stock Unit Sub-Plan for French Employees and Directors. 5 8. Termination of Relationship. Following the date of termination of Parti...cipant's Continuous Service Status for any reason, including the Participant's death or Disability (the "Termination Date"), other than a termination for Cause, Participant may continue to hold the vested portion of the Award, only as set forth in the Notice and this Section 8. The unvested portion of the Award on the Termination Date shall be forfeited on such date.6 Notwithstanding the foregoing, any Award granted to an individual who is nominated to become a Director and is not an Employee or Consultant or a director of a Parent at the time of grant shall be forfeited in its entirety if such individual does not commence providing services to the Company within 12 months after the date of grant of such Award. View More
Found in Calyxt, Inc. contract
No Rights to Future Awards. Any Award granted under the Plan shall be a one-time Award that does not constitute a promise of future grants. The Company, in its sole discretion, maintains the right to make available future grants under the Plan. 4 To be included in the pre-IPO award agreements. 5 To be deleted in the award agreements for awards made pursuant to the Calyxt, Inc. 2017 Restricted Stock Unit Sub-Plan for French Employees and Directors. 5 8. Termination of Relationship. Following the date of termination of Parti...cipant's Continuous Service Status for any reason, including the Participant's death or Disability reason (the "Termination Date"), other than a termination for Cause, Participant may continue to hold the vested portion of the this Award, only as set forth in the Notice and this Section 8. The unvested portion of the Award on the Termination Date shall be forfeited on such date.6 Notwithstanding the foregoing, any Award granted to an individual who is nominated to become a Director and is not an Employee or Consultant or a director of a Parent at the time of grant shall be forfeited in its entirety if such individual does not commence providing services to the Company within 12 months after the date of grant of such Award. View More
Found in Calyxt, Inc. contract
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