Common use of No Enlargement of Rights Clause in Contracts

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant any right to continue as an officer, employee, or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant at any time or to modify the Participant’s employment or compensation. The Participant shall have only such rights and interests with respect to the Restricted Stock Units as are expressly provided in this Agreement and the Plan.

Appears in 3 contracts

Samples: Stock Incentive Plan (Scholastic Corp), 2011 Stock Incentive Plan (Scholastic Corp), 2011 Stock Incentive Plan (Scholastic Corp)

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No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant Optionee any right to continue as an officer, employee, employee or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant Optionee at any time or to modify the ParticipantOptionee’s employment or compensation. The Participant Optionee shall have only such rights and interests with respect to the Restricted Stock Units Option as are expressly provided in this Agreement and the Plan.

Appears in 3 contracts

Samples: 2001 Stock Incentive Plan Non Qualified Stock Option Agreement (Scholastic Corp), Qualified Stock Option Agreement (Scholastic Corp), Qualified Stock Option Agreement (Scholastic Corp)

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant any right to continue as an officer, employee, or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant at any time or to modify the Participant’s employment or compensation. The Participant shall have only such rights and interests with respect to the Restricted Stock Units Option as are expressly provided in this Agreement and the Plan.

Appears in 2 contracts

Samples: Stock Incentive Plan Stock Option Agreement (Scholastic Corp), Scholastic Corporation 2011 Stock Incentive Plan Stock Option Agreement (Scholastic Corp)

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant any right to continue as an officer, employee, or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant at any time or to modify the Participant’s employment or compensation. The Participant shall have only such rights and interests with respect to the Restricted Stock Units as are expressly provided in this Agreement, the Employment Agreement and the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Scholastic Corp), Restricted Stock Unit Agreement (Scholastic Corp)

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant any right to continue as an officer, employee, or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant at any time or to modify the Participant’s 's employment or compensation. The Participant shall have only such rights and interests with respect to the Restricted Stock Units as are expressly provided in this Agreement, the Employment Agreement and the Plan.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Scholastic Corp)

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant Optionee any right to continue as an officer, employee, employee or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant Optionee at any time or to modify the Participant’s employment or compensationtime. The Participant Optionee shall have only such rights and interests with respect to the Restricted Stock Units Option as are expressly provided in this Agreement and the Plan.

Appears in 1 contract

Samples: Scholastic Corp

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No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant Optionee any right to continue as an officer, employee, employee or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant Optionee at any time or to modify the Participant’s Optionee's employment or compensation. The Participant Optionee shall have only such rights and interests with respect to the Restricted Stock Units Option as are expressly provided in this Agreement and the Plan.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Scholastic Corp)

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant any right to continue as an officer, employee, or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant at any time or to modify the Participant’s employment or compensation. The Participant shall have only such rights and interests with respect to the Restricted Stock Units as are expressly provided in this Agreement and the Plan.

Appears in 1 contract

Samples: 2011 Stock Incentive Plan (Scholastic Corp)

No Enlargement of Rights. This Agreement is not an agreement of employment. Neither the Plan nor this Agreement shall confer upon the Participant any right to continue as an officer, employee, or consultant of the Company or any Affiliate. Nothing contained in the Plan or this Agreement shall interfere in any way with the rights of the Company or any Affiliate to terminate the employment (or consulting arrangement) of the Participant at any time or to modify the Participant’s employment or compensation. The Participant shall have only such rights and interests with respect to the Restricted Stock Units Option as are expressly provided in this Agreement and the Plan.

Appears in 1 contract

Samples: Scholastic Corporation 2011 Stock Incentive Plan Stock Option Agreement (Scholastic Corp)

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