Common use of No Enlargement of Rights Clause in Contracts

No Enlargement of Rights. Neither the Plan nor the Restricted Stock Units granted hereunder shall confer upon the Outside Director any right to continue as a Director of the Company. The Outside Director shall have only such rights and interests as are expressly provided in this Agreement and the Plan.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (Scholastic Corp), Outside Directors Stock Incentive Plan (Scholastic Corp), Restricted Stock Unit Agreement (Scholastic Corp)

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No Enlargement of Rights. Neither the Plan nor the Restricted Stock Units Option granted hereunder shall confer upon the Outside Director any right to continue as a Director of the Company. The Outside Director shall have only such rights and interests as are expressly provided in this Agreement and the Plan.

Appears in 4 contracts

Samples: Outside Directors Stock Incentive Plan (Scholastic Corp), Stock Option Agreement (Scholastic Corp), Stock Incentive Plan Stock Option Agreement (Scholastic Corp)

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