Common use of No Entitlement for Claims or Compensation Clause in Contracts

No Entitlement for Claims or Compensation. The Company has unilaterally, gratuitously and discretionally decided to grant the RSUs under the Plan. Consequently, the RSUs are granted on the assumption and condition that RSUs and the Shares issued pursuant to vesting of the RSUs are not part of the Participant’s ordinary or expected remuneration and shall not be considered for the purposes of determining any severance payment or compensation otherwise due.

No Entitlement for Claims or Compensation. The Company has unilaterally, gratuitously and discretionally decided to grant the RSUs under the Plan. Consequently, the RSUs are granted on the assumption and condition that RSUs and the Shares issued pursuant to vesting of the RSUs are not part of the Participant’s ordinary or expected remuneration and shall not be considered for the purposes of determining any severance payment payment, compensation or compensation credits otherwise due.