Common use of Grant Not to Affect Employment Clause in Contracts

Grant Not to Affect Employment. The Restricted Stock Units and Dividend Equivalent Rights granted hereunder and Shares issued in settlement of the Restricted Stock Units or Dividend Equivalent Rights shall not confer upon the Grantee any right to continue in the employment of the Company or its subsidiaries or Affiliates.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (Portland General Electric Co /Or/), Restricted Stock Unit Agreement (Portland General Electric Co /Or/), Restricted Stock Unit Agreement (Portland General Electric Co /Or/)

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Grant Not to Affect Employment. The Restricted Stock Units and Dividend Equivalent Rights granted hereunder and Shares issued in settlement of the Restricted Stock Units or the Dividend Equivalent Rights shall not confer upon the Grantee any right to continue in the employment of the Company or its subsidiaries or Affiliates.

Appears in 1 contract

Samples: Officers' Restricted Stock Unit Agreement (Portland General Electric Co /Or/)

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