Common use of Acknowledgment of Employee Clause in Contracts

Acknowledgment of Employee. This award of RSUs does not entitle Participant to any benefit other than that granted under this Agreement. Any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Agreement are entirely at the discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its sole discretion and without notice.

Appears in 10 contracts

Samples: Employment Agreement (Hawaiian Telcom Holdco, Inc.), Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

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Acknowledgment of Employee. This award of RSUs does not entitle Participant to any benefit other than that granted under this Agreement. Any benefits granted under this Agreement are not part of the Participant’s ordinary salary, salary and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Agreement are entirely at the discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its sole discretion and without notice.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

Acknowledgment of Employee. This The award of RSUs this RSU does not entitle Participant to any benefit other than that granted under this AgreementPlan. Any benefits granted under this Agreement Plan are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Agreement the Plan are entirely at the grace and discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its their sole discretion and without notice.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Clearwire Corp), Restricted Stock Unit Award Agreement (Clearwire Corp /DE), Restricted Stock Unit Award Agreement (Clearwire Corp)

Acknowledgment of Employee. This award grant of RSUs does not entitle the Participant to any benefit other than that granted under this Agreement. Any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. The Participant understands and accepts that the benefits granted under this Agreement the Plan are entirely at the grace and discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its their sole discretion and without notice.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Vitamin Shoppe, Inc.), Restricted Stock Unit Award Agreement (Vitamin Shoppe, Inc.), Restricted Stock Unit Award Agreement (Vitamin Shoppe, Inc.)

Acknowledgment of Employee. This award of RSUs does not entitle Participant to any benefit other than that granted under this Agreement. Any benefits granted under this Agreement are not part of the Participant’s 's ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Agreement are entirely at the discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its sole discretion and without notice.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Hawaiian Telcom Holdco, Inc.), Restricted Stock Unit Agreement (Hawaiian Telcom Holdco, Inc.)

Acknowledgment of Employee. This award of RSUs does not entitle the Participant to any benefit other than that granted under this Agreement. Any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. The Participant understands and accepts that the benefits granted under this Agreement are entirely at the discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its sole discretion and without notice.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Masonite International Corp), Restricted Stock Unit Agreement (Masonite International Corp)

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Acknowledgment of Employee. This award of RSUs does not entitle Participant to any benefit other than that granted under this Award Agreement. Any benefits granted under this Award Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Award Agreement are entirely at the discretion of the Company and that the Company retains the right to amend or terminate this Award Agreement and the Plan at any time, at its sole discretion and without notice, but not in any manner or to any extent that would be adverse to the Participant without the Participant’s written consent at the time.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Gener8 Maritime, Inc.)

Acknowledgment of Employee. This award of RSUs does not entitle Participant to any benefit other than that granted under this Agreement. Any benefits granted under this Agreement are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Agreement are entirely at the discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its sole discretion and without notice.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Hawaiian Telcom Holdco, Inc.)

Acknowledgment of Employee. This The grant of this RSU award of RSUs does not entitle Participant to any benefit other than that granted under this Agreementthe Plan. Any benefits granted under this Agreement the Plan are not part of the Participant’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation. Participant understands and accepts that the benefits granted under this Agreement the Plan are entirely at the grace and discretion of the Company and that the Company retains the right to amend or terminate this Agreement and the Plan at any time, at its their sole discretion and without notice.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Clearwire Corp /DE)

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