Common use of Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation Clause in Contracts

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the Restricted Stock Units evidenced hereby, the Participant acknowledges: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the Award does not create any contractual or other right to receive future grants of Awards; (c) that participants in the Plan is voluntary; and (d) that the future value of the Common Shares is unknown and cannot be predicted with certainty.

Appears in 4 contracts

Samples: Form of Director Restricted Stock Unit Agreement (RSC Equipment Rental, Inc.), Form of Director Restricted Stock Unit Agreement (RSC Holdings Inc.), Form of Director Restricted Stock Unit Agreement (RSC Holdings III, LLC)

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Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the Restricted Stock Units Options evidenced hereby, the Participant acknowledges: (ai) that the Plan is discretionary in nature and may be suspended or terminated by the Company Board at any time; (bii) that the Award does not create any contractual or other right to receive future grants of Awards; (ciii) that participants participation in the Plan is voluntary; and (div) that the future value of the Common Shares is unknown and cannot be predicted with certainty.

Appears in 2 contracts

Samples: Performance Stock Option Award Agreement (Microvast Holdings, Inc.), Stock Option Award Agreement (Microvast Holdings, Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the Restricted Stock Units Awards evidenced hereby, the Participant acknowledgesyou acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the Award does not create any contractual or other right to receive future grants of Awards; (c) that participants participation in the Plan is voluntary; and (d) that the future value of the Common Shares Stock is unknown and cannot be predicted with certainty.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Emcore Corp)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the Restricted Stock Units Grant evidenced hereby, the Participant acknowledges: (ai) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (bii) that the Award does not create any contractual or other right to receive future grants of Awards; (ciii) that participants participation in the Plan is voluntary; and (div) that the future value of the Common Shares is unknown and cannot be predicted with certainty.

Appears in 1 contract

Samples: Director Stock Grant Agreement (RSC Holdings Inc.)

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Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the Restricted Stock Units Options evidenced hereby, the Participant acknowledges: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the Award does not create any contractual or other right to receive future grants of Awards; (c) that participants participation in the Plan is voluntary; and (d) that the future value of the Common Shares Stock is unknown and cannot be predicted with certainty.

Appears in 1 contract

Samples: Stock Option Agreement (Gogo Inc.)

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