Common use of Exclusion of Claim Clause in Contracts

Exclusion of Claim. 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’s ceasing to have rights under or to be entitled to the Award, whether or not as a result of the termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the Award. Upon the grant of the Performance Shares, the Participant shall be deemed irrevocably to have waived any such entitlement.

Appears in 8 contracts

Samples: Performance Share Award Agreement (Ingredion Inc), Performance Share Award Agreement (Ingredion Inc), Performance Share Award Agreement

AutoNDA by SimpleDocs

Exclusion of Claim. 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’s Participant ceasing to have rights under or to be entitled to the Award, whether or not as a result of the termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the Award. Upon the grant of the Performance SharesAward, the Participant shall will be deemed irrevocably to have waived irrevocably any such entitlement.

Appears in 4 contracts

Samples: Cash Settled Restricted Stock Unit Award Agreement (Tenneco Inc), Stock Settled Restricted Stock Unit Award Agreement (Tenneco Inc), Performance Share Unit Award Agreement (Tenneco Inc)

Exclusion of Claim. 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’s Participant ceasing to have rights under or to be entitled to the Award, whether or not as a result of the termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the such termination is in breach of contract or otherwise), or from the loss or diminution in value of the Award. Upon the grant of the Performance SharesAward, the Participant shall be deemed irrevocably to have waived any irrevocably such entitlement.

Appears in 3 contracts

Samples: Global Restricted Stock Unit Agreement (BIO-TECHNE Corp), Global Restricted Stock Unit Agreement (BIO-TECHNE Corp), Global Restricted Stock Unit Agreement (BIO-TECHNE Corp)

Exclusion of Claim. The Participant acknowledges and agrees that the Participant will shall have no entitlement to compensation or damages insofar as such entitlement arises or may arise from the Participant’s ceasing to have rights under or to be entitled to vest in the Award, whether or not Participant’s Performance Shares as a result of the such termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the AwardParticipant’s Performance Shares. Upon the grant of the Participant’s Performance Shares, the Participant shall be deemed irrevocably to have waived irrevocably any such entitlement.

Appears in 2 contracts

Samples: Performance Share Award Agreement, Performance Share Award Agreement (IMS Health Holdings, Inc.)

Exclusion of Claim. The Participant acknowledges and agrees that the Participant will shall have no entitlement to compensation or damages insofar as such entitlement arises or may arise from the Participant’s ceasing to have rights under or to be entitled to vest in the AwardParticipant’s Performance Units, whether or not as a result of the such termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the AwardParticipant’s Performance Units. Upon the grant of the Performance SharesUnits, the Participant shall be deemed irrevocably to have waived any such entitlement.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Ashland Global Holdings Inc)

AutoNDA by SimpleDocs

Exclusion of Claim. The Participant acknowledges and agrees that the Participant will shall have no entitlement to compensation or damages in consequence of the termination of the Participant's employment with the Company and its subsidiaries and affiliates for any reason whatsoever and whether or not in breach of contract, insofar as such entitlement arises or may arise from the Participant’s 's ceasing to have rights under or to be entitled to vest in the Award, whether or not Award as a result of the termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise)such termination, or from the loss or diminution in value of the Award. Upon the grant of the Performance SharesAward, the Participant Employee shall be deemed irrevocably to have waived any such entitlement.

Appears in 1 contract

Samples: Performance Based Restricted Stock Units Award Agreement (Radisys Corp)

Exclusion of Claim. The Participant acknowledges and agrees that the Participant will shall have no entitlement to compensation or damages insofar as such entitlement arises or may arise from the Participant’s ceasing to have rights under or to be entitled to vest in the Award, whether or not Participant’s PSUs as a result of the such termination of the Participant’s employment with the Company or its Subsidiaries or affiliates for any reason whatsoever (whether the termination is in breach of contract or otherwise), or from the loss or diminution in value of the AwardParticipant’s PSUs. Upon the grant of the Performance SharesParticipant’s PSUs, the Participant shall be deemed irrevocably to have waived irrevocably any such entitlement.

Appears in 1 contract

Samples: Performance Stock Unit Award Agreement (Hexion Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!