Limitation on Obligations. Except as provided in Section 6 above, the Corporation’s obligation with respect to the Units is limited solely to the delivery to Recipient of shares of Common Stock upon settlement, and in no way shall the Corporation become obligated to pay cash or other assets in respect of such obligation. In addition, the Corporation shall not be liable to Recipient for damages relating to any delay in issuing the shares or share certificates or any loss of the certificates.
Appears in 9 contracts
Samples: Restricted Stock Unit Award Agreement (Compuware Corp), Restricted Stock Unit Award Agreement (Compuware Corp), Performance Unit Award Agreement (Compuware Corp)
Limitation on Obligations. Except as provided in Section 6 5 above, the Corporation’s obligation with respect to the Units is limited solely to the delivery to the Recipient of shares of Common Stock upon settlement, and in no way shall the Corporation become obligated to pay cash or other assets in respect of such obligation. In addition, the Corporation shall not be liable to the Recipient for damages relating to any delay in issuing the shares or share certificates or any loss of the certificates.
Appears in 5 contracts
Samples: Restricted Stock Unit Award Agreement (Covisint Corp), Restricted Stock Unit Award Agreement (Compuware Corp), Restricted Stock Unit Award Agreement (Compuware Corp)
Limitation on Obligations. Except as provided in Section 6 7 above, the Corporation’s obligation with respect to the Units is limited solely to the delivery to Recipient of shares of Common Stock upon settlement, and in no way shall the Corporation become obligated to pay cash or other assets in respect of such obligation. In addition, the Corporation shall not be liable to Recipient for damages relating to any delay in issuing the shares or share certificates or any loss of the certificates.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Covisint Corp)
Limitation on Obligations. Except as provided in Section 6 above, the The Corporation’s obligation with respect to the Units granted hereunder is limited solely to the delivery to Recipient the Participant of shares of Common Stock upon settlementon the date when such shares are due to be delivered hereunder, and in no way shall the Corporation become obligated to pay cash or other assets in respect of such obligation. In addition, the Corporation This Agreement shall not be liable to Recipient for damages relating to secured by any delay in issuing specific assets of the shares or share certificates Corporation or any loss of its Subsidiaries, nor shall any assets of the certificates.Corporation or any of its subsidiaries be designated as attributable or allocated to
Appears in 1 contract
Samples: Deferred Stock Unit Award Agreement (ITC Holdings Corp.)
