Common use of Acquired Rights Clause in Contracts

Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time, to the extent provided in Article XIII of the Plan; (b) the award of Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 2 contracts

Samples: Restricted Stock Award Agreement (Falcon Minerals Corp), Restricted Stock Award Agreement (Falcon Minerals Corp)

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Acquired Rights. The Participant acknowledges and agrees that: (a) the Company Company, acting by its Board, may terminate or amend the Plan at any time, to the extent provided in Article XIII of the Plan; (b) the award of Restricted Stock Shares made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the CompanyBoard or the Committee, as applicable; (c) no past grants or awards (including, without limitation, the Restricted Stock Shares awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 2 contracts

Samples: Restricted Shares Agreement (Jabsheh Wasef Salim), Restricted Shares Agreement (Jabsheh Wasef Salim)

Acquired Rights. The Participant acknowledges and agrees that: (a) subject to Section 12 hereof, the Company may terminate or amend the Plan at any time, to the extent provided in Article XIII of the Plan; (b) the award of Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 2 contracts

Samples: Restricted Stock Agreement (21st Century Oncology Holdings, Inc.), Restricted Stock Agreement (21st Century Oncology Holdings, Inc.)

Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time, subject to the extent provided limitations contained in Article XIII of the PlanPlan or this Agreement; (b) the award Award of Restricted Stock RSUs made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock RSUs awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 1 contract

Samples: Restricted Stock Unit Agreement (DEX ONE Corp)

Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time, subject to the extent provided limitations contained in Article XIII of the PlanPlan or this Agreement; (b) the award of Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 1 contract

Samples: Non Qualified Stock Option Award Agreement (DEX ONE Corp)

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Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time, to the extent provided in Article XIII of the Plan; (b) the award Award of RSUs and Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the RSUs or Restricted Stock awarded hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 1 contract

Samples: Performance Based Restricted Stock Unit Agreement for Employees (Midsouth Bancorp Inc)

Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time, time subject to the extent provided limitations contained in Article XIII of the PlanPlan or this Agreement; (b) the award grant of Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock awarded granted hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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 1 contract

Samples: Restricted Stock Agreement (Andersons, Inc.)

Acquired Rights. The Participant acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time, time subject to the extent provided limitations contained in Article XIII of the PlanPlan or this Agreement; (b) the award grant of Restricted Stock made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Restricted Stock awarded granted hereunder) give the Participant any right to any grants or awards in the future whatsoever; and (d) 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.. * * * * * 6

Appears in 1 contract

Samples: Restricted Stock Agreement (Andersons, Inc.)

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