Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.
Appears in 28 contracts
Samples: Stock Option Grant Notice And (Funko, Inc.), Stock Option Agreement (Medpace Holdings, Inc.), Stock Option Agreement (Elutia Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofRSUs.
Appears in 25 contracts
Samples: Restricted Stock Unit Agreement (Elutia Inc.), Restricted Stock Unit Award Agreement (GCM Grosvenor Inc.), Incentive Award Plan Restricted Stock (GCM Grosvenor Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as RSUs and when exercised pursuant to the terms hereofDividend Equivalents.
Appears in 14 contracts
Samples: Notice and Agreement (Li-Cycle Holdings Corp.), Restricted Stock (Sprout Social, Inc.), Grant Notice and Agreement (Li-Cycle Holdings Corp.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.
Appears in 9 contracts
Samples: Restricted Stock Award Agreement (BJ's Wholesale Club Holdings, Inc.), Restricted Stock Award Letter Agreement (BJ's Wholesale Club Holdings, Inc.), Restricted Stock Award Agreement (BJ's Wholesale Club Holdings, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofShares issuable hereunder.
Appears in 8 contracts
Samples: Restricted Stock Award Agreement (K12 Inc), Restricted Stock Award Agreement (Tivo Inc), Restricted Stock Award Agreement (Electronics for Imaging Inc)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofShares issuable hereunder.
Appears in 6 contracts
Samples: Restricted Stock Award Agreement (Codexis, Inc.), Restricted Stock Award Agreement (William Lyon Homes), Restricted Stock Award Agreement (William Lyon Homes)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofRSUs.
Appears in 5 contracts
Samples: Restricted Stock Unit Award Agreement (TKO Group Holdings, Inc.), Restricted Stock Unit Award Agreement (TKO Group Holdings, Inc.), Restricted Stock Unit Award Agreement (TKO Group Holdings, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofShares.
Appears in 3 contracts
Samples: Restricted Stock Agreement (Essent Group Ltd.), Restricted Stock Agreement (Essent Group Ltd.), Restricted Stock Agreement (Essent Group Ltd.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive Shares the Common Stock as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereofcreditor.
Appears in 3 contracts
Samples: Incentive Award Plan Restricted Stock (Golden Entertainment, Inc.), Restricted Stock Unit Award Agreement (Mercury General Corp), Restricted Stock Unit Award Agreement (Mercury General Corp)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall may not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall will have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofAward.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Traeger, Inc.), Restricted Stock Award Agreement (Traeger, Inc.), Restricted Stock Award Agreement (Traeger, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as RSUs and when exercised pursuant to the terms hereof.Dividend Equivalents. Section 3.16
Appears in 3 contracts
Samples: Sprout Social, Inc., Sprout Social, Inc., Sprout Social, Inc.
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.a
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Quiksilver Inc), Performance Restricted Stock Unit Award Agreement (Hcp, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive the Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereofcreditor.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (LRAD Corp), Restricted Stock Unit Award Agreement (LRAD Corp)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereof.
Appears in 2 contracts
Samples: Stock Option Agreement (Zogenix, Inc.), Global Stock Option Agreement (Zogenix, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying programThe Plan, in and of itself, has any no assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.
Appears in 2 contracts
Samples: And Restricted Stock Award Agreement (SeaSpine Holdings Corp), Notice and Restricted Stock Award Agreement (SeaSpine Holdings Corp)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofOption or Option Shares.
Appears in 2 contracts
Samples: Stock Option Award Agreement (TKO Group Holdings, Inc.), Stock Option Award Agreement (Endeavor Group Holdings, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereof.RSUs. Section 3.16
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Inspire Medical Systems, Inc.), Embark Technology, Inc.
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofAward.
Appears in 1 contract
Samples: Performance Stock Award Agreement (Axalta Coating Systems Ltd.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereof.Shares issuable hereunder. Rev. 03.28.2017
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Award, and rights no greater than the right to receive Shares the Stock or cash as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereofcreditor.
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofPSUs.
Appears in 1 contract
Samples: Performance Restricted Stock Unit Agreement (Amneal Pharmaceuticals, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive Shares the Stock as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereofcreditor.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Apricus Biosciences, Inc.)
Limitation on Participant’s Rights. Participation in the this Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.5
Appears in 1 contract
Samples: Equity Incentive Plan Performance Stock Unit Award Agreement (Molina Healthcare, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of arrangement between the Company as to amounts payable and Participant only and shall not be construed as creating a trusttrust for the benefit of Participant. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall will have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofShares.
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, The Award has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect been granted to the OptionParticipant in addition to, as and when exercised pursuant not in lieu of, any other form of compensation otherwise payable or to be paid to the terms hereofParticipant.
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any US-LEGAL-11455062/3 176283-0002 underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates and the Grant Notice create only a contractual obligation on the part of the Company as to amounts payable the Restricted Shares issued and shall not be construed as creating a trusttrust or separate fund of any kind, or a fiduciary relationship between the Company, any parent of the Company, any Subsidiary or the Administrator, on the one hand, and Participant or other person or entity, on the other hand. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Spirit Airlines, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofRestricted Shares issuable hereunder.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Container Store Group, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general DC\4200813.6 unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as and when exercised pursuant to the terms hereofAward.
Appears in 1 contract
Samples: Restricted Stock Award Agreement (Axalta Coating Systems Ltd.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Award, and rights no greater than the right to receive the Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereofcreditor.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Conatus Pharmaceuticals Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as PSUs and when exercised pursuant to the terms hereofDividend Equivalents.
Appears in 1 contract
Samples: Performance Share Unit Award Agreement (Axalta Coating Systems Ltd.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof..
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as a general unsecured creditor with respect to the Option, as and when exercised pursuant to the terms hereof.. 5.17
Appears in 1 contract
Samples: And Stock Option Agreement (Inspire Medical Systems, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant shall have only the right to receive Shares as rights of a general unsecured creditor of the Company with respect to amounts credited and benefits payable, if any, with respect to the Option, as RSUs and when exercised pursuant to the terms hereof.Dividend Equivalents. 3.16
Appears in 1 contract
Samples: Director Rsu Agreement