Common use of Exclusion of Claim Clause in Contracts

Exclusion of Claim. By accepting the Restricted Stock Units, the Participant acknowledges and agrees that the Participant will have no entitlement to compensation or damages insofar as such entitlement arises or may arise from the Participant ceasing to have rights under or to be entitled to the Restricted Stock Units, whether or not as a result of the Participant’s termination of Service (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the Restricted Stock Units. Upon acceptance of the Restricted Stock Units, the Participant shall be deemed irrevocably to have waived any such entitlement.

Appears in 6 contracts

Samples: Restricted Stock Unit Award Agreement (Morningstar, Inc.), Restricted Stock Unit Award Agreement (Morningstar, Inc.), Restricted Stock Unit Award Agreement (Morningstar, Inc.)

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Exclusion of Claim. By accepting the Restricted Stock Units, the The Participant acknowledges and agrees that the Participant will have no entitlement to compensation or damages insofar as such entitlement arises or may arise from the Participant ceasing to have rights under or to be entitled to the Restricted Stock UnitsUnits under the Plan, whether or not as a result of the Participant’s termination of Service employment (whether the such termination is in breach of contract or otherwise), or from the loss or of diminution in value of the Shares underlying the Restricted Stock Units. Upon acceptance the grant of the Restricted Stock Units, the Participant shall be deemed irrevocably to have waived any irrevocably such entitlement.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement (Ceridian HCM Holding Inc.), Restricted Stock Unit Award Agreement (Ceridian HCM Holding Inc.), Restricted Stock Unit Award Agreement (Ceridian HCM Holding Inc.)

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