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 may not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant will 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 cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreement.
Appears in 13 contracts
Samples: Employment Agreement (Oscar Health, Inc.), Rsu Award Agreement (Cleanspark, Inc.), Time Based Restricted Stock Unit Agreement (Claros Mortgage Trust, 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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Shares Common Stock as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 7 contracts
Samples: Restricted Stock Unit Award Agreement (Calix, Inc), Restricted Stock Unit Award Agreement (Ellie Mae Inc), Restricted Stock Unit Award Agreement (Ellie Mae Inc)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This The Agreement creates only a contractual obligation on the part of the Company as to amounts payable and may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant will You 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 cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when vested or settled pursuant to the terms of this Agreementhereof.
Appears in 5 contracts
Samples: Restricted Stock Unit Agreement (Advanced Micro Devices Inc), Restricted Stock Unit Award Agreement (Advanced Micro Devices Inc), 2018 Global Rsu Agreement (Advanced Micro Devices 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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 4 contracts
Samples: Restricted Share Unit Award Agreement (InMode Ltd.), Restricted Share Unit Award Agreement (InMode Ltd.), Notice and Restricted Share Unit Award Agreement (Mellanox Technologies, 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 arrangement between the Company as to amounts payable and may 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 will 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 RSUsRSUs and Dividend Equivalents, and rights no greater than the right to receive cash or the Shares or cash as a general unsecured creditor with respect to the RSUsRSUs and Dividend Equivalents, as and when settled pursuant to the terms of this Agreementhereof.
Appears in 4 contracts
Samples: Restricted Stock Unit Award Agreement (Solventum Corp), Restricted Stock Unit Award Agreement (Solventum Corp), Restricted Stock Unit Award Agreement (3m Co)
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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Ordinary Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 3 contracts
Samples: Restricted Share Unit Award Agreement (Avago Technologies LTD), Restricted Stock Unit Award Agreement (Avago Technologies LTD), Restricted Share Unit Award Agreement (Avago Technologies 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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Shares Stock as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 3 contracts
Samples: Restricted Stock Unit Award Agreement (Electronics for Imaging Inc), Restricted Stock Unit Award Agreement (Electronics for Imaging Inc), Restricted Stock Unit 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 Award Agreement creates only a contractual obligation on the part of the Company as to amounts payable and may not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when vested and settled pursuant to the terms of this Agreementhereof.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Skywest Inc), Restricted Stock Unit Award Agreement (Skywest 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 may 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 will shall have only the rights of a general unsecured creditor of the Company and its Affiliates with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 2 contracts
Samples: 2016 Restricted Share Unit Award Agreement (Raptor Pharmaceutical Corp), Restricted Share Unit Award Agreement (Raptor Pharmaceutical 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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will shall have only the rights of a general unsecured creditor of the Company and its Subsidiaries with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive cash or the Shares Common Stock as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 2 contracts
Samples: Registration Rights Agreement (Broadscale Acquisition Corp.), Restricted Stock Unit Award Agreement (Asure Software 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 may not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. Participant will 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 cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreement.. 4.11
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Bird Global, 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 may 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 will shall have only the rights of a general unsecured creditor of the Company and its Affiliates with respect to amounts credited and benefits payable, if any, with respect to the RSUs, and rights no greater than the right to receive cash or the Shares Common Stock as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreementpayable hereunder.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Staar Surgical Co)
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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreement.payable hereunder. 3.15
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 may shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant will 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 cash or the Ordinary Shares as a general unsecured creditor with respect to the RSUs, as and when settled pursuant to the terms of this Agreement.payable hereunder. 3.16
Appears in 1 contract