Common use of No Employment Guaranteed Clause in Contracts

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 35 contracts

Samples: Restricted Stock Unit Award Agreement (Marathon Oil Corp), Restricted Stock Unit Award Agreement (Marathon Oil Corp), Restricted Stock Unit Award Agreement (Marathon Petroleum Corp)

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No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary Subsidiary, or successorany successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 29 contracts

Samples: Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp), Restricted Stock Unit Award Agreement (Centerpoint Energy Resources Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 24 contracts

Samples: Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary affiliate thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 22 contracts

Samples: Performance Share Unit Award Agreement (Marathon Petroleum Corp), Performance Share Unit Award Agreement (Marathon Petroleum Corp), Performance Unit Award Agreement (MPLX Lp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary or successorany successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 21 contracts

Samples: Performance Award Agreement (Centerpoint Energy Resources Corp), Performance Award Agreement (Centerpoint Energy Resources Corp), Performance Award Agreement (Centerpoint Energy Inc)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary Affiliate thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 17 contracts

Samples: Performance Unit Award Agreement (Marathon Petroleum Corp), Performance Unit Award Agreement (Marathon Oil Corp), Performance Unit Award Agreement (Marathon Oil Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant Optionee any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary Affiliate thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the ParticipantOptionee.

Appears in 14 contracts

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 12 contracts

Samples: Performance Unit Award Agreement (Marathon Oil Corp), Performance Unit Award Agreement (Marathon Oil Corp), Performance Unit Award Agreement (Marathon Oil Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary affiliate thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 10 contracts

Samples: Performance Share Unit Award Agreement (Marathon Petroleum Corp), Performance Share Unit Award Agreement (Marathon Petroleum Corp), Performance Unit Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 9 contracts

Samples: Restricted Stock Unit Award Agreement (Marathon Petroleum Corp), Restricted Stock Unit Award Agreement (Marathon Petroleum Corp), Restricted Stock Unit Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 5 contracts

Samples: Performance Share Award Agreement (Reliant Energy Inc), Restricted Stock Award (Reliant Energy Inc), Performance Share Award Agreement (Centerpoint Energy Inc)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary Affiliate or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 5 contracts

Samples: Phantom Unit Award Agreement (Marathon Petroleum Corp), Phantom Unit Award Agreement (MPLX Lp), Phantom Unit Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant Optionee any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the ParticipantOptionee.

Appears in 5 contracts

Samples: Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp), Nonqualified Stock Option Award Agreement (Marathon Oil Corp)

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No Employment Guaranteed. Nothing in No provision of this Award Agreement shall give confer any right upon the Participant any rights to (or impose any obligations for) continued Employment by employment with the Corporation Company or any Subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the ParticipantSubsidiary.

Appears in 3 contracts

Samples: Employee Incentive Stock Option Agreement (Mexco Energy Corp), Employee Incentive Stock Plan Award Agreement (Mexco Energy Corp), Performance Share Agreement (Lyondell Chemical Co)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary Affiliate or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 3 contracts

Samples: Officer Restricted Stock Award Agreement (Marathon Oil Corp), Cash Retention Award Agreement (Marathon Oil Corp), Officer Restricted Stock Award Agreement (Marathon Oil Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or Corporation, any Subsidiary or successorany affiliate thereof or successor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 2 contracts

Samples: Performance Unit Award Agreement (Marathon Petroleum Corp), Performance Unit Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation with MPC or any Subsidiary Subsidiary, affiliate or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 2 contracts

Samples: Phantom Unit Award Agreement (Marathon Petroleum Corp), Phantom Unit Award Agreement (MPLX Lp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant Optionee any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary affiliate thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the ParticipantOptionee.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp), Nonqualified Stock Option Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant Optionee any rights to (or impose any obligations for) continued Employment by the Corporation Company or any Subsidiary thereof or successorsuccessor thereto, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the ParticipantOptionee.

Appears in 2 contracts

Samples: Nonqualified Stock Option Award Agreement (Reliant Energy Inc), Nonqualified Stock Option Award Agreement (Centerpoint Energy Inc)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment employment by the Corporation or any Subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Marathon Petroleum Corp)

No Employment Guaranteed. Nothing in this Award Agreement shall give the Participant any rights to (or impose any obligations for) continued Employment by the Corporation or any Subsidiary or successor, nor shall it give such entities any rights (or impose any obligations) with respect to continued performance of duties by the Participant.or

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Marathon Oil Corp)

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