Common use of Continuance of Employment Clause in Contracts

Continuance of Employment. Except as otherwise expressly provided in Section 8, the vesting schedule requires continued employment through the date of the Committee Determination (the “Vesting Period”), as provided in Section 3, as a condition to the vesting of the Award and the rights and benefits under this Agreement. Employment for only a portion of the Vesting Period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes an employment or service commitment by the Corporation or any of its Subsidiaries, affects the Participant’s status as an employee at will who is subject to termination without Cause (as defined herein), confers upon the Participant any right to remain employed by or in service to the Corporation or any of its Subsidiaries, interferes in any way with the right of the Corporation or any of its Subsidiaries at any time to terminate such employment or services, or affects the right of the Corporation or any of its Subsidiaries to increase or decrease the Participant’s other compensation or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent thereto.

Continuance of Employment. Except as otherwise expressly provided in Section 88 or Section 9(b), the vesting schedule requires continued employment through the date of the Committee Determination (the “Vesting Period”), as provided in Section 3, as a condition to the vesting of the Award and the rights and benefits under this Agreement. Employment for only a portion of the Vesting Period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes an employment or service commitment by the Corporation or any of its Subsidiaries, affects the Participant’s status as an employee at will who is subject to termination without Cause (as defined herein), confers upon the Participant any right to remain employed by or in service to the Corporation or any of its Subsidiaries, interferes in any way with the right of the Corporation or any of its Subsidiaries at any time to terminate such employment or services, or affects the right of the Corporation or any of its Subsidiaries to increase or decrease the Participant’s other compensation or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent thereto.

Continuance of Employment. Except as otherwise expressly provided in Section 8, the The vesting schedule requires continued employment or service through the each applicable vesting date of the Committee Determination (the “Vesting Period”), as provided in Section 3, as a condition to the vesting of the applicable installment of the Award (with the exception of any acceleration provisions provided for in the Participant’s most recently executed employment agreement then in effect, if any and to the extent applicable to the Award) and the rights and benefits under this Agreement. Employment or service for only a portion of the Vesting Periodvesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes an employment or service commitment by the Corporation or any of its SubsidiariesCorporation, affects the Participant’s status as an employee at will who is subject to termination without Cause (as defined herein)cause, confers upon the Participant any right to remain employed by or in service to the Corporation or any of its SubsidiariesSubsidiary, interferes in any way with the right of the Corporation or any of its Subsidiaries Subsidiary at any time to terminate such employment or services, or affects the right of the Corporation or any of its Subsidiaries Subsidiary to increase or decrease the Participant’s other compensation or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent thereto.

Continuance of Employment. Except as otherwise expressly provided in Section 8, the The vesting schedule requires continued employment or service through the each applicable vesting date of the Committee Determination (the “Vesting Period”), as provided in Section 3, as a condition to the vesting of the applicable installment of the Award and the rights and benefits under this Award Agreement. Employment or service for only a portion of the Vesting PeriodRestricted Period (as defined in Section 9(c)(1) of the Plan), even if a substantial portion, will not entitle the Participant Holder to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section Paragraph 8 below or and under the Plan. Nothing contained in this Award Agreement or the Plan constitutes an employment or service commitment by the Corporation or any of its SubsidiariesCompany, affects the ParticipantHolder’s status as an employee at will who is subject to termination without Cause (as defined hereinin Section 2(f) of the Plan), confers upon the Participant Holder any right to remain employed by or in service to the Corporation Company or any of its Subsidiaries, interferes in any way with the right of the Corporation Company or any of its Subsidiaries at any time to terminate such employment or services, or affects the right of the Corporation Company or any of its Subsidiaries to increase or decrease the ParticipantHolder’s other compensation or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Participant Holder without his or her consent thereto.

Continuance of Employment. Except as otherwise expressly provided in Section 8, the vesting schedule requires continued employment or service through the date of the Committee Determination (the “Vesting Period”)each applicable vesting date, as provided in Section 3, as a condition to the vesting of the applicable installment of the Award and the rights and benefits under this Agreement. Employment or service for only a portion of the Vesting Periodvesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or service as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes an employment or service commitment by the Corporation or any of its Subsidiaries, affects the Participant’s status as an employee at will who is subject to termination without Cause (as defined herein)in the Executive Severance Plan, confers upon the Participant any right to remain employed by or in service to the Corporation or any of its Subsidiaries, interferes in any way with the right of the Corporation or any of its Subsidiaries at any time to terminate such employment or services, or affects the right of the Corporation or any of its Subsidiaries to increase or decrease the Participant’s other compensation or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent thereto.