Common use of No Compensation Clause in Contracts

No Compensation. In no circumstances shall the Participant, on ceasing to hold employment or office with his or her employer, be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under the Plan or this Agreement 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 11 contracts

Samples: Restricted Stock Unit Agreement (MICROSTRATEGY Inc), Restricted Stock Unit Agreement (MICROSTRATEGY Inc), Restricted Stock Unit Agreement (MICROSTRATEGY Inc)

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No Compensation. In no circumstances shall the Participant, on ceasing to hold employment or office with his or her employer, be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under the Plan, Sub-Plan or this Agreement 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: Restricted Stock Unit Agreement (MICROSTRATEGY Inc), Restricted Stock Unit Agreement (MICROSTRATEGY Inc)

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No Compensation. In no circumstances shall the Participant, on ceasing to hold employment or office with his or her employer, be entitled to any compensation for any loss of any right or benefit or prospective right or benefit under the Plan Plan, Sub-Plan, or this Agreement 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 contract, or by way of compensation for loss of office or otherwise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (MICROSTRATEGY Inc)

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