Common use of Exclusion of Claim Clause in Contracts

Exclusion of Claim. By accepting the MSUs, 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 MSUs, 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 MSUs. Upon acceptance of the MSUs, the Participant shall be deemed irrevocably to have waived any such entitlement.

Appears in 8 contracts

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

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Exclusion of Claim. By accepting the MSUs, 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 MSUs, 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 MSUs. Upon acceptance of the MSUs, the Participant shall be deemed irrevocably to have waived any such entitlement.be

Appears in 2 contracts

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

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