Common use of Commercial Relationship Clause in Contracts

Commercial Relationship. You expressly recognize that your participation in the Plan and the Company’s grant of Restricted Stock Units does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units as a consequence of the commercial relationship between the Company and the Affiliate in Mexico that employs you, and the Company’s Affiliate in Mexico is your sole employer. Based on the foregoing, you expressly recognize that (a) the Plan and the benefits you may derive from your participation in the Plan does not establish any rights between you and the Company’s Affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in the Plan are not part of the employment conditions and/or benefits provided by the Company’s Affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s Affiliate in Mexico that employs you.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Walgreens Boots Alliance, Inc.), Restricted Stock Unit Award Agreement (Walgreens Boots Alliance, Inc.), Restricted Stock Unit Award Agreement (Walgreens Boots Alliance, Inc.)

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Commercial Relationship. You expressly recognize that your participation in the Plan and the Company’s grant of the Restricted Stock Units does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units as a consequence of the commercial relationship between the Company and the Affiliate Company’s affiliate in Mexico that employs you, and the Company’s Affiliate local affiliate in Mexico is your sole employer. Based on the foregoing, (a) you expressly recognize that (a) the Plan and the benefits you may derive from your participation in the Plan does not establish any rights between you and the Company’s Affiliate affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in the Plan are not part of the employment conditions and/or benefits provided by the Company’s Affiliate affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s Affiliate affiliate in Mexico that employs you.

Appears in 3 contracts

Samples: Restricted Stock Units Award Agreement (Ingredion Inc), Ingredion Incorporated (Ingredion Inc), Ingredion Incorporated (Ingredion Inc)

Commercial Relationship. You expressly recognize that your participation in the Plan and the Company’s grant of Restricted Stock Units the Award does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units Award as a consequence of the commercial relationship between the Company and the Affiliate Company’s affiliate in Mexico that employs you, and the Company’s Affiliate local affiliate in Mexico is your sole employerEmployer. Based on the foregoing, (a) you expressly recognize that (a) the Plan and the benefits you may derive from your participation in the Plan does do not establish any rights between you and the Company’s Affiliate affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in the Plan are not part of the employment conditions and/or benefits provided by the Company’s Affiliate affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s Affiliate affiliate in Mexico that employs you. 2.

Appears in 2 contracts

Samples: Ingredion Incorporated Stock Incentive (Ingredion Inc), Ingredion Incorporated Stock Incentive Plan Global Restricted Stock Unit Award Agreement (Ingredion Inc)

Commercial Relationship. You expressly recognize that your participation in the Plan and the Company’s 's grant of Restricted Stock Units does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units as a consequence of the commercial relationship between the Company and the Affiliate in Mexico that employs you, and the Company’s 's Affiliate in Mexico is your sole employer. Based on the foregoing, (a) you expressly recognize that (a) the Plan and the benefits you may derive from your participation in the Plan does not establish any rights between you and the Company’s 's Affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in the Plan are not part of the employment conditions and/or benefits provided by the Company’s 's Affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s 's Affiliate in Mexico that employs you. 2.

Appears in 1 contract

Samples: Restricted Stock Units Award Agreement

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Commercial Relationship. You expressly recognize that your participation in the Plan and the Company’s grant of Restricted Stock Units the Award does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units Award as a consequence of the commercial relationship between the A-19 Company and the Affiliate Company’s affiliate in Mexico that employs you, and the Company’s Affiliate local affiliate in Mexico is your sole employerEmployer. Based on the foregoing, (a) you expressly recognize that (a) the Plan and the benefits you may derive from your participation in the Plan does do not establish any rights between you and the Company’s Affiliate affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in the Plan are not part of the employment conditions and/or benefits provided by the Company’s Affiliate affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s Affiliate affiliate in Mexico that employs you. 2.

Appears in 1 contract

Samples: Ingredion Incorporated Stock Incentive Plan Global Stock Option Award Agreement (Ingredion Inc)

Commercial Relationship. You expressly recognize that your participation in the Plan and the Company’s 's grant of Restricted Stock Units does not constitute an employment relationship between you and the Company. You have been granted the Restricted Stock Units as a consequence of the commercial relationship between the Company and the Affiliate in Mexico that employs you, and the Company’s 's Affiliate in Mexico is your sole employer. Based on the foregoing, you expressly recognize that (a) the Plan and the benefits you may derive from your participation in the Plan does not establish any rights between you and the Company’s 's Affiliate in Mexico that employs you, (b) the Plan and the benefits you may derive from your participation in the Plan are not part of the employment conditions and/or benefits provided by the Company’s 's Affiliate in Mexico that employs you, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of your employment with the Company’s 's Affiliate in Mexico that employs you.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Walgreens Boots Alliance, Inc.)

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