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Common use of Additional Consents Clause in Contracts

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s employment contract, if any; (f) the Shares, this award, or any income derived there from are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s employment, the Recipient’s eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s employer and shall not interfere with the ability of the Recipient’s employer to terminate the Recipient’s employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 8 contracts

Samples: Performance Share Agreement (Coca Cola Co), Performance Share Agreement (Coca Cola Co), Performance Share Agreement (Coca Cola Co)

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Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s employment contract, if any; (f) the Shares, this award, or any income derived there from are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s employment, the Recipient’s eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s employer and shall not interfere with the ability of the Recipient’s employer to terminate the Recipient’s employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Coca Cola Co), Restricted Stock Unit Agreement (Coca Cola Co), Restricted Stock Unit Agreement (Coca Cola Co)

Additional Consents. The Recipient optionee consents to and acknowledges that: (a) the Plan is discretionary in nature nature, and the Company KO can amend, cancel or terminate it at any time; (b) these awards and any other awards the grant of options under the Plan are is voluntary and occasional and do does not create any contractual or other right to receive future awards grants of any options, or benefits in lieu of any awardsoptions, even if similar awards options have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are madeoptions shall be granted, the number of Sharesoption price, and the performance and other conditions attached to the awardstime or times when each right shall be exercisable, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this the Plan or program is voluntaryvoluntary and may be occasional; (e) the value of the Shares and this award options is an extraordinary item of compensation, which is outside the scope of the Recipientoptionee’s employment contract, if any; (f) the Shares, this award, options or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) except as is otherwise explicitly provided in this Agreement and the Plan, non-vested options are forfeited immediately following termination of employment for any reason, and vested options expire the earlier of: a) six months following termination of employment for any reason, and b) the expiration date noted in the option; (h) in the event of involuntary termination of the Recipientoptionee’s employment, the Recipientoptionee’s eligibility to receive Shares or payments options under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient optionee is no longer actively employed regardless of any reasonable notice period mandated under local law; furthermore, except as expressly provided in this Agreementthe event of involuntary termination of employment, the optionee’s ability to exercise options under the Plan will be measured by the date of termination of the optionee’s active employment pursuant to the terms of the Plan and will not be extended by any reasonable notice period mandated under local law; (hi) the future value of the Shares shares purchased under the Plan is unknown and cannot be predicted with certainty; (ij) (for individuals other than employees of the CompanyKO) the award has options have been made granted to the Recipient optionee in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company XX is his or her employer or that he or she has an employment relationship with the CompanyXX; (jk) no claim or entitlement to compensation or damages arises from the termination of this Agreement the options or diminution in value of the Shares options or shares purchased under the Plan, and the Recipient optionee irrevocably releases the Company KO and his or her employer, if different from the CompanyKO, from any such claim that may arise; (kl) participation in the Plan or this Agreement shall not create a right to further employment with the Recipientoptionee’s employer and shall not interfere with the ability of the Recipientoptionee’s employer to terminate the Recipientoptionee’s employment relationship at any time, with or without cause; (lm) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition terms of the Shares and supercedes all prior oral and written agreements pertaining to this awardoptionee’s employment with KO do not include the grant of stock options; and (mn) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient optionee and the CompanyKO, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 4 contracts

Samples: Stock Option Agreement (Coca Cola Co), Stock Option Agreement (Coca Cola Co), Stock Option Agreement (Coca Cola Co)

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s employment contract, if any; (f) the Shares, this award, or any income derived there from are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s employment, the Recipient’s eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s employer and shall not interfere with the ability of the Recipient’s employer to terminate the Recipient’s employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 4 contracts

Samples: Performance Share Agreement (Coca Cola Co), Performance Share Agreement (Coca Cola Co), Performance Share Agreement (Coca Cola Co)

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s employment contract, if any; (f) the Shares, this award, or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s employment, the Recipient’s eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s employer and shall not interfere with the ability of the Recipient’s employer to terminate the Recipient’s employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Coca Cola Co), Restricted Stock Agreement (Coca Cola Co), Restricted Stock Agreement (Coca Cola Co)

Additional Consents. The Recipient optionee consents to and acknowledges that:: 2008 General (a) the Plan is discretionary in nature nature, and the Company KO can amend, cancel or terminate it at any time; (b) these awards and any other awards the grant of options under the Plan are is voluntary and occasional and do does not create any contractual or other right to receive future awards grants of any options, or benefits in lieu of any awardsoptions, even if similar awards options have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are madeoptions shall be granted, the number of Sharesoption price, and the performance and other conditions attached to the awardstime or times when each right shall be exercisable, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this the Plan or program is voluntaryvoluntary and may be occasional; (e) the value of the Shares and this award options is an extraordinary item of compensation, which is outside the scope of the Recipientoptionee’s employment contract, if any; (f) the Shares, this award, options or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) except as is otherwise explicitly provided in this Agreement and the Plan, non-vested options are forfeited immediately following termination of employment for any reason, and vested options expire the earlier of: a) six months following termination of employment for any reason, and b) the expiration date noted in the option; (h) in the event of involuntary termination of the Recipientoptionee’s employment, the Recipientoptionee’s eligibility to receive Shares or payments options under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient optionee is no longer actively employed regardless of any reasonable notice period mandated under local law; furthermore, except as expressly provided in this Agreementthe event of involuntary termination of employment, the optionee’s ability to exercise options under the Plan will be measured by the date of termination of the optionee’s active employment pursuant to the terms of the Plan and will not be extended by any reasonable notice period mandated under local law; (hi) the future value of the Shares shares purchased under the Plan is unknown and cannot be predicted with certainty; (ij) (for individuals other than employees of the CompanyKO) the award has options have been made granted to the Recipient optionee in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company XX is his or her employer or that he or she has an employment relationship with the CompanyXX; (jk) no claim or entitlement to compensation or damages arises from the termination of this Agreement the options or diminution in value of the Shares options or shares purchased under the Plan, and the Recipient optionee irrevocably releases the Company KO and his or her employer, if different from the CompanyKO, from any such claim that may arise; (kl) participation in the Plan or this Agreement shall not create a right to further employment with the Recipientoptionee’s employer and shall not interfere with the ability of the Recipientoptionee’s employer to terminate the Recipientoptionee’s employment relationship at any time, with or without cause; (lm) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition terms of the Shares and supercedes all prior oral and written agreements pertaining to this awardoptionee’s employment with KO do not include the grant of stock options; and (mn) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient optionee and the CompanyKO, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 2 contracts

Samples: Stock Option Agreement (Coca Cola Co), Stock Option Agreement (Coca Cola Co)

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s 's employment contract, if any; (f) the Shares, this award, or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s 's employment, the Recipient’s 's eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s 's employer and shall not interfere with the ability of the Recipient’s 's employer to terminate the Recipient’s 's employment relationship at any time, with or without cause;; and (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: Restricted Stock Agreement (Coca Cola Co)

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Additional Consents. The Recipient optionee consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company that KO can amend, cancel or terminate it at any time; (b) these awards and any other awards the grant of options under the Plan are is voluntary and occasional and do does not create any contractual or other right to receive future awards grants of any options, or benefits in lieu of any awards, options even if similar awards options have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are madeoptions shall be granted, the number of Sharesoption price, and the performance and other conditions attached to the awardstime or times when each right shall be exercisable, will be at the sole discretion of the Company KO and/or the Compensation Committee; (d) participation in this the Plan or program is voluntaryvoluntary and may be occasional; (e) the value of the Shares and this award options is an extraordinary item of compensation, which is outside the scope of the Recipient’s optionee's employment contract, if any; (f) the Shares, this award, options or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) except as is otherwise explicitly provided in this Agreement and the Plan, non-vested options are forfeited immediately following termination of employment for any reason and vested options expire the earlier of: a) six months following termination of employment for any reason, and b) the expiration date noted in the option; (h) in the event of involuntary termination of the Recipient’s optionee's employment, the Recipient’s optionee's eligibility to receive Shares or payments options under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient optionee is no longer actively employed regardless of any reasonable notice period mandated under local law; furthermore, except as expressly provided in this Agreementthe event of involuntary termination of employment, the optionee's ability to exercise options under the Plan will be measured by the date of termination of the optionee's active employment pursuant to the terms of the Plan and will not be extended by any reasonable notice period mandated under local law; (hi) the future value of the Shares shares purchased under the Plan is unknown and cannot be predicted with certainty; (ij) (for individuals other than employees of the CompanyKO) the award has options have been made granted to the Recipient optionee in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company KO is his or her employer or that he or she has an employment relationship with the CompanyKO; (jk) no claim or entitlement to compensation or damages arises from the termination of this Agreement the options or diminution in value of the Shares options or shares purchased under the Plan and the Recipient optionee irrevocably releases the Company KO and his or her employer, if different from the CompanyKO, from any such claim that may arise; (kl) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s optionee's employer and shall not interfere with the ability of the Recipient’s optionee's employer to terminate the Recipient’s optionee's employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application the terms of the provisions optionee's employment with KO do not include the grant of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effectstock options.

Appears in 1 contract

Samples: Stock Option Agreement (Coca Cola Co)

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s 's employment contract, if any; (f) the Shares, this award, or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s 's employment, the Recipient’s 's eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s 's employer and shall not interfere with the ability of the Recipient’s 's employer to terminate the Recipient’s 's employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Coca Cola Co)

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past;; 10 -HIGHLY RESTRICTED- (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s 's employment contract, if any; (f) the Shares, this award, or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s 's employment, the Recipient’s 's eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s 's employer and shall not interfere with the ability of the Recipient’s 's employer to terminate the Recipient’s 's employment relationship at any time, with or without cause; (l) the Plan and this Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: Restricted Stock Agreement (Coca Cola Co)

Additional Consents. The Recipient consents to and acknowledges that: (a) the Plan is discretionary in nature and the Company can amend, cancel or terminate it at any time; (b) these awards and any other awards under the Plan are voluntary and occasional and do not create any contractual or other right to receive future awards or benefits in lieu of any awards, even if similar awards have been granted repeatedly in the past; (c) all determinations with respect to any such future awards, including, but not limited to, the times when awards are made, the number of Shares, and the performance and other conditions attached to the awards, will be at the sole discretion of the Company and/or the Compensation Committee; (d) participation in this Plan or program is voluntary; (e) the value of the Shares and this award is an extraordinary item of compensation, which is outside the scope of the Recipient’s employment contract, if any; (f) the Shares, this award, or any income derived there from therefrom are a potential bonus payment not paid in lieu of any cash salary compensation and not part of normal or expected compensation or salary for any purposes, including, but not limited to, calculating any termination, severance, resignation, redundancy, end of service payments, bonuses, long-service awards, life or accident insurance benefits, pension or retirement benefits or similar payments; (g) in the event of involuntary termination of the Recipient’s employment, the Recipient’s eligibility to receive Shares or payments under this Agreement or the Plan, if any, will terminate effective as of the date that the Recipient is no longer actively employed regardless of any reasonable notice period mandated under local law, except as expressly provided in this Agreement; (h) the future value of the Shares is unknown and cannot be predicted with certainty; (i) (for individuals other than employees of the Company) the award has been made to the Recipient in his or her status as an employee of his or her employer and can in no event be understood or interpreted to mean that the Company is his or her employer or that he or she has an employment relationship with the Company; (j) no claim or entitlement to compensation or damages arises from the termination of this Agreement or diminution in value of the Shares and the Recipient irrevocably releases the Company and his or her employer, if different from the Company, from any such claim that may arise; (k) participation in the Plan or this Agreement shall not create a right to further employment with the Recipient’s employer and shall not interfere with the ability of the Recipient’s employer to terminate the Recipient’s employment relationship at any time, with or without cause;; and (l) the The Plan and this the Agreement set forth the entire understanding between the Recipient, the Company, and any Related Company regarding the acquisition of the Shares and supercedes all prior oral and written agreements pertaining to this award; and (m) if all or any part or application of the provisions of this Agreement are held or determined to be invalid or unenforceable for any reason whatsoever by a court of competent jurisdiction in an action between Recipient and the Company, each and all of the other provisions of this Agreement shall remain in full force and effect.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Coca Cola Co)

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