Common use of Labor Law Acknowledgement and Policy Statement Clause in Contracts

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock Units, Participant acknowledges that the Company, with registered offices at 0000 Xxxxxxx Xxx, Xxxxx Xxxxx, XX 00000, X.X.X., is solely responsible for the administration of the Plan. Participant further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Units and any acquisition of Shares under the Plan do not constitute an employment relationship between Participant and the Company because Participant is participating in the Plan on a wholly commercial basis. Based on the foregoing, Participant expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between Participant and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Participant’s employment. Participant further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue Participant’s participation in the Plan at any time, without any liability to Participant. Finally, Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its Parent, Subsidiaries, branches, representation offices, stockholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By In accepting the Restricted Stock UnitsAward, the Participant acknowledges expressly recognizes that Warner Music Group Corp. (which is the Company), with registered offices at 0000 Xxxxxxx XxxXxxxxxxx, Xxxxx XxxxxXxx Xxxx, XX 00000, X.X.X., is solely responsible for the administration of the Plan. Participant further acknowledges Plan and that his or her the Participant’s participation in the Plan, the grant of Restricted Stock Units Plan and any acquisition of RSUs or Shares under the Plan do does not constitute an employment relationship between the Participant and the Company because or any of its Affiliates, since the Participant is participating in the Plan on a wholly commercial basisbasis and on a wholly voluntary basis and the Participant’s sole employer is Warner Music Mexico, S.A. de C.V. or Xxxxxx Xxxxxxxx Music Mexico S.A. de C.V., as applicable (“WMG-Mexico”). Based on the foregoing, the Participant expressly acknowledges recognizes that the Plan and the benefits that he or she the Participant may derive from participation in the Plan do not establish any rights between the Participant and the Employer Participant’s employer, WMG-Mexico, and do not form part of the employment conditions and/or benefits provided by the Employer, WMG-Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employment. The Participant further understands that his or her the Participant’s participation in the Plan is the as a result of a unilateral and discretionary decision of the Company and, Company; therefore, the Company reserves the absolute right to amend and/or discontinue the Participant’s participation in the Plan at any time, time without any liability to the Participant. Finally, the Participant hereby declares that he or she the Participant does not reserve to him- himself or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she the Participant therefore grants a full and broad release to the Company, its Parent, Subsidiaries, branchesAffiliates, representation offices, stockholdersshareholders, officers, agents or legal representatives, representatives with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock UnitsRSUs, the Participant acknowledges that the Company, with registered offices at 0000 Xxxxx Xxxxxxx XxxXxxxxx, Xxxxx Xxxxx15th Floor, XX 00000Dallas, X.X.X.TX 75201, U.S.A., is solely responsible for the administration of the Plan. The Participant further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Units RSUs and any acquisition of Shares under the Plan do not constitute an employment relationship between the Participant and the Company because the Participant is participating in the Plan on a wholly commercial basis. Based on the foregoing, the Participant expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between the Participant and the his or her Employer and do not form part of the employment conditions and/or benefits provided by the his or her Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment. The Participant further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue the Participant’s 's participation in the Plan at any time, without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its ParentSubsidiaries, SubsidiariesAffiliates, branches, representation offices, stockholdersshareholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock UnitsShare Option, Participant the Optionee acknowledges that the Company, with registered offices at 0000 00 Xxxxxxx Xxxxxx, Xxxxxx Xxx, Xxxxx XxxxxXxxxxx, XX 00000Xxxxxx Xxxxxxx, X.X.X.XX0-0000, is solely responsible for the administration of the Plan. Participant The Optionee further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Units the Share Option and any acquisition of Ordinary Shares under the Plan do not constitute an employment relationship between Participant the Optionee and the Company because Participant the Optionee is participating in the Plan on a wholly commercial basis. Based on the foregoing, Participant the Optionee expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between Participant the Optionee and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Participantthe Optionee’s employment. Participant The Optionee further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue Participantthe Optionee’s participation in the Plan at any time, without any liability to Participantthe Optionee. Finally, Participant the Optionee hereby declares that he or she does not reserve to him- him or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its Parent, Subsidiaries, branches, representation offices, stockholdersshareholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock Share Units, Participant the Grantee acknowledges that the Company, with registered offices at 0000 00 Xxxxxxx Xxxxxx, Xxxxxx Xxx, Xxxxx XxxxxXxxxxx, XX 00000Xxxxxx Xxxxxxx, X.X.X.XX0-0000, is solely responsible for the administration of the Plan. Participant The Grantee further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Share Units and any acquisition of Ordinary Shares under the Plan do not constitute an employment relationship between Participant the Grantee and the Company because Participant the Grantee is participating in the Plan on a wholly commercial basis. Based on the foregoing, Participant the Grantee expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between Participant the Grantee and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Participantthe Grantee’s employment. Participant The Grantee further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue Participantthe Grantee’s participation in the Plan at any time, without any liability to Participantthe Grantee. Finally, Participant the Grantee hereby declares that he or she does not reserve to him- him or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its Parent, Subsidiaries, branches, representation offices, stockholdersshareholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock UnitsOption, Participant acknowledges that the CompanySplunk Inc., with registered offices at 0000 000 Xxxxxxx XxxXxxxxx, Xxxxx Xxxxx2nd Floor, XX 00000San Francisco, X.X.X.California 94107 U.S.A., is solely responsible for the administration of the Plan. Participant further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Units the Option and any acquisition of Shares under the Plan do not constitute an employment relationship between Participant and the Company because Participant is participating in the Plan on a wholly commercial basis. Based on the foregoing, Participant expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between Participant and the Employer Employer, and do not form part of the employment conditions and/or benefits provided by the EmployerCompany or any Parent or Subsidiary, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Participant’s employment. Participant further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue Participant’s participation in the Plan at any time, without any liability to Participant. Finally, Participant hereby declares that he or she does not reserve to him- him or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its ParentSubsidiaries, Subsidiariesaffiliates, branches, representation offices, stockholdersshareholders, officers, agents or and legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock UnitsOption, Participant the Optionee acknowledges that the Company, with registered offices at 0000 Xxxxx Xxxxxxx XxxXxxxxx, Xxxxx Xxxxx15th Floor, XX 00000Dallas, X.X.X.TX 75201, U.S.A., is solely responsible for the administration of the Plan. Participant The Optionee further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Units the Option and any acquisition of Shares shares of Common Stock under the Plan do not constitute an employment relationship between Participant the Optionee and the Company because Participant the Optionee is participating in the Plan on a wholly commercial basis. Based on the foregoing, Participant the Optionee expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between Participant the Optionee and the his or her Employer and do not form part of the employment conditions and/or benefits provided by the his or her Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Participant’s the Optionee's employment. Participant The Optionee further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue Participant’s the Optionee's participation in the Plan at any time, without any liability to Participantthe Optionee. Finally, Participant the Optionee hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its ParentSubsidiaries, SubsidiariesAffiliates, branches, representation offices, stockholdersshareholders, officers, agents or legal representatives, with respect to any claim that may arise.

Labor Law Acknowledgement and Policy Statement. By accepting the Restricted Stock Units, the Participant acknowledges that the Company, with registered offices at 0000 Xxxxx Xxxxxxx XxxXxxxxx, Xxxxx Xxxxx15th Floor, XX 00000Dallas, X.X.X.TX 75201, U.S.A., is solely responsible for the administration of the Plan. The Participant further acknowledges that his or her participation in the Plan, the grant of Restricted Stock Units and any acquisition of Shares under the Plan do not constitute an employment relationship between the Participant and the Company because the Participant is participating in the Plan on a wholly commercial basis. Based on the foregoing, the Participant expressly acknowledges that the Plan and the benefits that he or she may derive from participation in the Plan do not establish any rights between the Participant and the his or her Employer and do not form part of the employment conditions and/or benefits provided by the his or her Employer, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s 's employment. The Participant further understands that his or her participation in the Plan is the result of a unilateral and discretionary decision of the Company and, therefore, the Company reserves the absolute right to amend and/or discontinue the Participant’s 's participation in the Plan at any time, without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and that he or she therefore grants a full and broad release to the Company, its ParentSubsidiaries, SubsidiariesAffiliates, branches, representation offices, stockholdersshareholders, officers, agents or legal representatives, with respect to any claim that may arise.