Common use of Effect on Service Clause in Contracts

Effect on Service. Neither the grant of the Restricted Stock Units, nor the issuance of shares of Common Stock upon vesting of the Restricted Stock Units, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Grantee at any time, or affect any right of such Grantee to terminate his or her employment or service at any time.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Novavax Inc), Global Restricted Stock Unit Award Agreement (Novavax Inc), Restricted Stock Unit Award Agreement (Novavax Inc)

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Effect on Service. Neither the grant of the Restricted Stock Units, nor the issuance delivery of shares of Common Stock upon vesting of the Restricted Stock UnitsAward, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Grantee at any time, or affect any right of such Grantee to terminate his or her employment or service at any time.. ​

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Trinseo PLC), Restricted Stock Unit Agreement (Trinseo S.A.)

Effect on Service. Neither the grant of the Restricted Stock Units, nor the issuance delivery of shares of Common Stock upon vesting of the Restricted Stock UnitsAward, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Grantee at any time, or affect any right of such Grantee to terminate his or her employment or service at any time.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Trinseo S.A.), Restricted Stock Unit Agreement (Trinseo S.A.)

Effect on Service. Neither the grant of the Restricted Stock Units, nor the issuance delivery of shares of Common Stock upon vesting of the Restricted Stock UnitsAward, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such the Grantee at any time, or affect any right of such the Grantee to terminate his or her employment or service at any time.

Appears in 2 contracts

Samples: 2016 Omnibus Incentive Plan (Performance Health Holdings Corp.), 2016 Omnibus Incentive Plan (Performance Health Holdings Corp.)

Effect on Service. Neither the grant award of the Restricted Stock Units, nor the issuance of shares of Common Stock upon vesting of the Restricted Stock Units, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliatessubsidiaries, affect the any right of the Company or any of its Affiliates subsidiaries to discharge or discipline such Grantee terminate the Grantee’s service at any time, or affect any right of such the Grantee to terminate his or her employment or service at any time.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Bright Horizons Family Solutions Inc.), Restricted Stock Unit Agreement (Bright Horizons Family Solutions Inc.)

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Effect on Service. Neither the grant of the Restricted Stock Units, nor the issuance delivery of shares of Common Stock Shares upon vesting of the Restricted Stock UnitsAward, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such the Grantee at any time, or affect any right of such the Grantee to terminate his or her employment or service at any time.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Planet Fitness, Inc.)

Effect on Service. Neither the grant of the Restricted Stock Units, nor the issuance delivery of shares of Common Stock upon vesting of the Restricted Stock UnitsAward, will give the Grantee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such the Grantee at any time, or affect any right of such the Grantee to terminate his or her employment or service at any time.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Planet Fitness, Inc.)

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