No Right to Future Awards or Employment Clause Example with 4 Variations from Business Contracts

This page contains No Right to Future Awards or 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 Future Awards or Employment. The Option award is a voluntary, discretionary bonus being made on a one-time basis and it does not constitute a commitment to make any future awards. The Option award and any related payments made to the Grantee 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 Company or... any Subsidiary, nor will it interfere in any way with any right the Company or any Subsidiary would otherwise have to terminate the Grantee's employment or other service at any time. View More
Found in YETI Holdings, Inc. contract

Variations of a "No Right to Future Awards or Employment" Clause from Business Contracts

No Right to Future Awards or Employment. The Option award is RSUs are a voluntary, discretionary bonus being made on a one-time basis and it does they do not constitute a commitment to make any future awards. The Option award and RSUs any related payments made to the Grantee Participant 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 Participant any right with respect to continuance of e...mployment or other service with the Company or any Subsidiary, nor will it interfere in any way with any right the Company or any Subsidiary would otherwise have to terminate the Grantee's Participant's employment or other service at any time. View More
Found in Cibus Global, Ltd. contract
No Right to Future Awards or Employment. The Option option award is a voluntary, discretionary bonus being made on a one-time basis and it does not constitute a commitment to make any future awards. The Option option award and any related payments made to the Grantee you 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 you any right with respect to continuance of employment or other servi...ce with the Company or any Subsidiary, nor will it interfere in any way with any right the Company or any Subsidiary would otherwise have to terminate the Grantee's your employment or other service at any time. View More
Found in Sherwin-Williams contract
No Right to Future Awards or Employment. The Option award is a voluntary, discretionary bonus being made on a one-time basis and it does not constitute a commitment to make any future awards. The Option award and any related payments made to the Grantee Optionee 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 Optionee any right with respect to continuance of employment or other service w...ith the Company or any Subsidiary, nor will it interfere in any way with any right the Company or any Subsidiary would otherwise have to terminate the Grantee's Optionee's employment or other service at any time. View More
Found in Cibus Global, Ltd. contract
No Right to Future Awards or Employment. The Option award grant is a voluntary, discretionary bonus being made on a one-time basis and it does not constitute a commitment to make any future awards. The Option award grant and any related payments made to the Grantee 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 th...e Company or any Subsidiary, nor will it interfere in any way with any right the Company or any Subsidiary would otherwise have to terminate the Grantee's employment or other service at any time. View More
Found in Sherwin-Williams contract