Common use of No Additional Rights Clause in Contracts

No Additional Rights. i. Neither the granting of this Option nor its exercise shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 13 contracts

Samples: Grant Agreement for a Non Qualified Stock Option (Mattel Inc /De/), Grant Agreement for Employee Stock Option (Mattel Inc /De/), Grant Agreement for a Non Qualified Stock Option (Mattel Inc /De/)

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No Additional Rights. i. (a) Neither the granting of this Option nor its exercise shall (ai) affect or restrict in any way the power of the Company Mattel to undertake take any corporate action and all actions otherwise permitted under applicable law, (bii) confer upon the Holder the right to continue in the employment of or performing services for the Company, or (ciii) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. (b) The Holder acknowledges that (ai) this is a one-time grant, (bii) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (ciii) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Mattel retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. (c) Without limiting the generality of subsections i. (a) and ii. (b) immediately above and subject to Section 6 above, if there is a Severance of the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 3 contracts

Samples: Grant Agreement (Mattel Inc /De/), Grant Agreement for a Non Qualified Stock Option (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option the Units nor its exercise their vesting or settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 3 contracts

Samples: Grant Agreement for Restricted Stock Units (Mattel Inc /De/), Grant Agreement for Restricted Stock Units (Mattel Inc /De/), Grant Agreement for Restricted Stock Units (Mattel Inc /De/)

No Additional Rights. i. (i) Neither the granting of this Option the Units nor its exercise their vesting or settlement shall (a) affect or restrict in any way the power of the Company Mattel to undertake take any corporate action and all actions otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. (ii. ) The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Mattel retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. (iii. ) Without limiting the generality of subsections i. (i) and (ii. ) immediately above, if there is a Severance of the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal termination of services or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement (Mattel Inc /De/), Grant Agreement for Restricted Stock Units (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option the Units nor its exercise their vesting or settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above, and subject to Section 4 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement for Restricted Stock Units (Mattel Inc /De/), Grant Agreement for Restricted Stock Units (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option the Units nor its exercise their settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above and subject to Sections 4 and 5 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement for Long Term Incentive Program Performance Based Restricted Stock Units (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option the Units nor its exercise their settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable lawApplicable Law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. The Holder expressly acknowledges and agrees that he or she is an employee at will. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Committee retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above and subject to Sections 4 and 5 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement for Performance Based Restricted Stock Units (Waste Connections, Inc.), Grant Agreement for Performance Based Restricted Stock Units (Waste Connections, Inc.)

No Additional Rights. i. Neither the granting of this Option the Units nor its exercise their settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above and subject to Sections 3 and 4 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option nor its exercise shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above, and subject to Section 6 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement for Employee Stock Option (Mattel Inc /De/), Grant Agreement for Non Qualified Stock Option (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option the Units nor its exercise their settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 2 contracts

Samples: Grant Agreement (Mattel Inc /De/), Grant Agreement (Mattel Inc /De/)

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No Additional Rights. i. (a) Neither the granting of this Option the Units nor its exercise their vesting or settlement shall (ai) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (bii) confer upon the Holder the right to continue performing services for the Company, or (ciii) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. (b) The Holder acknowledges that (ai) this is a one-time grant, (bii) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (ciii) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Mattel retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. (c) Without limiting the generality of subsections i. (a) and ii. (b) immediately above and subject to Section 4 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 1 contract

Samples: Grant Agreement for Restricted Stock Units (Mattel Inc /De/)

No Additional Rights. i. (a) Neither the granting of this Option the Units nor its exercise their vesting or settlement shall (ai) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (bii) confer upon the Holder the right to continue performing services for the Company, or (ciii) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. (b) The Holder acknowledges that (ai) this is a one-time grant, (bii) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (ciii) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Mattel retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. (c) Without limiting the generality of subsections i. (a) and ii. (b) immediately above and subject to Section 4 above, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Units or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 1 contract

Samples: Grant Agreement (Mattel Inc /De/)

No Additional Rights. i. (a) Neither the granting of this Option nor its exercise shall (ai) affect or restrict in any way the power of the Company Mattel to undertake take any corporate action and all actions otherwise permitted under applicable law, (bii) confer upon the Holder the right to continue in the employment of or performing services for the CompanyMattel, or (ciii) interfere in any way with the right of the Company Mattel to terminate the services of the Holder at any time, with or without Cause. ii. (b) The Holder acknowledges that (ai) this is a one-time grant, (bii) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (ciii) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Mattel retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions conditions, and provisions of any such grants. iii. (c) Without limiting the generality of subsections i. (a) and ii. (b) immediately above and subject to Section 6 above, if there is a Severance of the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 1 contract

Samples: Grant Agreement for a Non Qualified Stock Option (Mattel Inc /De/)

No Additional Rights. i. Neither the granting of this Option the Performance Shares nor its exercise their settlement shall (a) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (b) confer upon the Holder the right to continue performing services for the Company, or (c) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. The Holder acknowledges that (a) this is a one-time grant, (b) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (c) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. Without limiting the generality of subsections i. and ii. immediately aboveabove and subject to the Program, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit relating to the Performance Shares or under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 1 contract

Samples: Grant Agreement for Performance Shares (Arthrocare Corp)

No Additional Rights. i. (a) Neither the granting of this Option nor its exercise shall (ai) affect or restrict in any way the power of the Company to undertake any corporate action otherwise permitted under applicable law, (bii) confer upon the Holder the right to continue performing services for the Company, or (ciii) interfere in any way with the right of the Company to terminate the services of the Holder at any time, with or without Cause. ii. (b) The Holder acknowledges that (ai) this is a one-time grant, (bii) the making of this grant does not mean that the Holder will receive any similar grant or grants in the future, or any future grants at all, and (ciii) this grant does not in any way entitle the Holder to future grants under the Plan, if any, and the Company Mattel retains sole and absolute discretion as to whether to make any additional grants to the Holder in the future and, if so, the quantity, terms, conditions and provisions of any such grants. iii. (c) Without limiting the generality of subsections i. (a) and ii. (b) immediately aboveabove and Section 6, if the Holder’s employment with the Company terminates, the Holder shall not be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under this Option or the Plan which he or she might otherwise have enjoyed, whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise.

Appears in 1 contract

Samples: Grant Agreement for a Non Qualified Stock Option (Mattel Inc /De/)

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