Common use of Agreement Not a Contract Clause in Contracts

Agreement Not a Contract. This Agreement (and the grant of Performance Shares) is not an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on Grantee’s part to continue as an employee, or of the Company to continue Grantee’s service as an employee.

Appears in 2 contracts

Samples: Performance Share Award Agreement (TPC Group Inc.), Performance Share Award Agreement (TPC Group Inc.)

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Agreement Not a Contract. This Agreement (and the grant of Performance Shares) is not an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Grantee’s part to continue as an employeeEmployee, or of the Company or a Subsidiary or Division to continue the Grantee’s service as an employeeEmployee.

Appears in 2 contracts

Samples: Performance Share Grant Agreement (Gorman Rupp Co), Performance Share Grant Agreement (Gorman Rupp Co)

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Agreement Not a Contract. This Agreement (and the grant of Performance Shares) is not an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Grantee’s part to continue as an employeeEmployee or other Service Provider, or of the Company or a Subsidiary or Division to continue the Grantee’s service as an employeeEmployee or Service Provider.

Appears in 1 contract

Samples: Performance Share Grant Agreement (Gorman Rupp Co)

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