Common use of Effect Upon Employment Clause in Contracts

Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a subsidiary or affiliate. The Company and its subsidiaries and affiliates retain the right to terminate the Participant at will and with or without cause at any time (subject to any rights the Participant may have under the Participant's Retention Agreement [and Employment Letter, in the case of Xx. Xxx]).

Appears in 4 contracts

Samples: Performance Share Award Agreement (Nextera Energy Inc), Performance Share Award Agreement (FPL Group Inc), Restricted Stock Award Agreement (FPL Group Inc)

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Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a subsidiary or affiliateSubsidiary. The Company and its subsidiaries and affiliates Subsidiaries retain the right to terminate the Participant an employee at will and with or without cause at any time (subject to any rights the Participant may have under the Participant's Retention Agreement [and Employment Letter, in the case of Xx. Xxx])time.

Appears in 3 contracts

Samples: Shareholder Value Award Agreement Agreement (Florida Power & Light Co), Plan Performance Share Award Agreement (FPL Group Inc), Shareholder Value Award Agreement Agreement (FPL Group Inc)

Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a subsidiary or affiliate. The Company and its subsidiaries and affiliates retain the right to terminate the Participant at will and with or without cause at any time (subject to any rights the Participant may have under the Participant's ’s Retention Agreement [and or the Participant’s Employment Letter, in the case of Letter][for Xx. XxxXxx only]).

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Nextera Energy Inc), Restricted Stock Award Agreement (FPL Group Inc)

Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a subsidiary or affiliate. The Company and its subsidiaries and affiliates retain the right to terminate the Participant at will and with or without cause at any time (subject to any rights the Participant may have under the Participant's Retention Agreement [and the Participant’s Employment Letter, in the case of Xx. Xxx]).

Appears in 1 contract

Samples: Performance Share Award Agreement (FPL Group Inc)

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Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a subsidiary or affiliate. The Company and its subsidiaries and affiliates retain the right to terminate the Participant at will and with or without cause at any time (subject to any rights the Participant may have under the Participant's Retention Agreement [and Employment Letter, in the case of XxMx. Xxx]).

Appears in 1 contract

Samples: Performance Share Award Agreement (FPL Group Inc)

Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a subsidiary or affiliate. The Company and its subsidiaries and affiliates retain the right to terminate the Participant at will and with or without cause at any time (subject to any rights the Participant may have under the Participant's Retention Agreement [and Employment Letter, in the case of Xx. Xxx])) 9.

Appears in 1 contract

Samples: Performance Share Award Agreement (Florida Power & Light Co)

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