Common use of Agreement Not a Contract of Employment Clause in Contracts

Agreement Not a Contract of Employment. Neither the Plan, the granting of the Award, the Award Agreement nor any other action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Grantee has a right to continue to be employed by, or to provide services as a director, consultant or advisor to, the Company, any Subsidiary or affiliate thereof for any period of time or at any specific rate of compensation.

Appears in 12 contracts

Samples: Restricted Stock Award Agreement (Zenith National Insurance Corp), Restricted Stock Unit Award Agreement (Kinetic Concepts Inc /Tx/), Restricted Stock Unit Award Agreement (Kinetic Concepts Inc /Tx/)

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Agreement Not a Contract of Employment. Neither the Plan, the granting of the Award, the Award Agreement nor any other action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Grantee has a right to continue to be employed by, or to provide services as a director, consultant or advisor to, the Company, any Subsidiary or affiliate Affiliate thereof for any period of time or at any specific rate of compensation.

Appears in 5 contracts

Samples: Restricted Stock Award Agreement (Kinetic Concepts Inc), Restricted Stock Unit Award Agreement (Kinetic Concepts Inc), Restricted Stock Unit Award Agreement (Kinetic Concepts Inc /Tx/)

Agreement Not a Contract of Employment. Neither the Plan, the granting of the Award, the Award Agreement Agreement, nor any other action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Grantee has a right to continue to be employed by, or to provide services as a director, consultant Service Provider to the Company or advisor to, the a Company, any Subsidiary ’s direct or affiliate thereof for any period of time or at any specific rate of compensationindirect subsidiary.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Alamo Group Inc), Restricted Stock Award Agreement (Alamo Group Inc), Restricted Stock Unit Award Agreement (Alamo Group Inc)

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Agreement Not a Contract of Employment. Neither the Plan, the granting of the Award, the Award Agreement nor any other action taken pursuant to the Plan shall constitute or be evidence of any agreement or understanding, express or implied, that the Grantee has a right to continue to be employed by, or to provide services as a director, consultant or advisor to, the Company, any Subsidiary or affiliate thereof for any period of time or at any specific rate of compensation.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Zenith National Insurance Corp), Restricted Stock Award Agreement (Zenith National Insurance Corp)

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