No Contract as of Right. The grant of an Option under the Program does not create any contractual or other right to receive additional Options or other Program Benefits. Nothing contained in this Agreement is intended to create or enlarge any other contractual obligations between the Company and the Director. Future Option grants, if any, and their terms and conditions, will be at the sole discretion of the Committee.
Appears in 9 contracts
Samples: Qualified Stock Option Agreement, Qualified Stock Option Agreement (AbbVie Inc.), Qualified Stock Option Agreement (AbbVie Inc.)
No Contract as of Right. The grant of an Option under the Program does not create any contractual or other right to receive additional Options or other Program Benefits. Nothing contained in this Agreement is intended to create or enlarge any other contractual obligations between the Company and the DirectorEmployee. Future Option grants, if any, and their terms and conditions, will be at the sole discretion of the Committee.
Appears in 5 contracts
Samples: Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories), Abbott Laboratories Non Qualified Stock Option Agreement (Abbott Laboratories)
No Contract as of Right. The Except as provided in Sections 5 and 6 above, the grant of an Option under the Program does not create any contractual or other right to receive additional Options or other Program Benefits. Nothing contained in this Agreement is intended to create or enlarge any other contractual obligations between the Company and the DirectorEmployee. Future Option grants, if any, and their terms and conditions, will be at the sole discretion of the Committee.
Appears in 2 contracts
Samples: Abbott Laboratories Non Qualified Replacement Stock Option Agreement (Abbott Laboratories), Non Qualified Replacement Stock Option Agreement (AbbVie Inc.)
