Common use of Discretionary Nature of Plan; No Vested Rights Clause in Contracts

Discretionary Nature of Plan; No Vested Rights. You acknowledge and agree that the Plan is discretionary in nature and limited in duration, and may be amended, cancelled or terminated by the Company, in its sole discretion, at any time as provided under the Plan. The grant of the RSUs under the Plan is a one-time benefit and does not create any contractual or other right to receive RSUs or other awards or benefits in lieu of RSUs in the future. Future awards, if any, will be at the sole discretion of the Committee, including, but not limited to, the form and timing of an award, the number of Shares subject to an award and the vesting provisions.

Appears in 23 contracts

Samples: Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.)

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Discretionary Nature of Plan; No Vested Rights. You acknowledge and agree that the Plan is discretionary in nature and limited in duration, and may be amended, cancelled cancelled, or terminated by the Company, in its sole discretion, at any time as provided under the Plan. The grant of the RSUs under the Plan is a one-time benefit and does not create any contractual or other right to receive RSUs or other awards or benefits in lieu of RSUs in the future. Future awards, if any, will be at the sole discretion of the Committee, including, but not limited to, the form and timing of an award, the number of Shares subject to an award and the vesting provisions.

Appears in 10 contracts

Samples: Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.)

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Discretionary Nature of Plan; No Vested Rights. You acknowledge and agree that the Plan is discretionary in nature and limited in duration, and may be amended, cancelled or terminated by the Company, in its sole discretion, at any time as provided under the Plan. The grant of the RSUs under the Plan is a one-time benefit and does not create any contractual or other right to receive RSUs or other awards or benefits in lieu of RSUs in the future. Future Except as otherwise provided in the Employment Agreement, future awards, if any, will be at the sole discretion of the Committee, including, but not limited to, the form and timing of an award, the number of Shares subject to an award and the vesting provisions.

Appears in 5 contracts

Samples: Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.), Restricted Stock Unit Award Agreement (Invesco Ltd.)

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