Acknowledgment of Participant. This award of Options 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.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement, Non Qualified Stock Option Agreement (RDA Holding Co.), Incentive Stock Option Agreement (Phoenix Container, Inc.)
Acknowledgment of Participant. This The grant of this award of Options 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 the Plan and this Agreement are entirely at the discretion of the Company.
Appears in 1 contract
Samples: Performance Contingent Restricted Stock Unit Award Agreement (Horsehead Holding Corp)
Acknowledgment of Participant. This The grant of this award of Options 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. Participant understands and accepts that the benefits granted under the Plan and this Agreement are entirely at the discretion of the Company.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Horsehead Holding Corp)
