No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock Unit, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose. (b) Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 8 contracts
Samples: Employment Agreement, Employment Agreement (Martha Stewart Living Omnimedia Inc), Employment Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit Grant or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitGrant, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit Grant is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Grant or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Grant or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 5 contracts
Samples: Restricted Stock Grant Agreement (Martha Stewart Living Omnimedia Inc), Stock Grant Agreement (Martha Stewart Living Omnimedia Inc), Restricted Stock Grant Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your Optionee’s rights, if any, in respect of or in connection with this Restricted Stock Unit Option or any other Award is derived solely from the discretionary decision of the Company to permit you Optionee to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitOption, you Optionee expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to youOptionee. This Restricted Stock Unit Option is not intended to be compensation of a continuing or recurring nature, or part of your Optionee’s normal or expected compensation, and in no way represents any portion of a your Optionee’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Option or any other Award granted under the Plan shall be deemed to give you Optionee a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Optionee’s Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you Optionee shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Option or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
(c) Optionee acknowledges that he or she is voluntarily participating in the Plan.
(d) The future value of the underlying Shares is unknown and cannot be predicted with certainty. If the underlying Shares do not increase in value, the Option will have no value. If Optionee exercises the Option and obtains Shares, the value of the Shares acquired upon exercise may increase or decrease in value, even below the Exercise Price.
Appears in 5 contracts
Samples: Employment Agreement (Martha Stewart Living Omnimedia Inc), Employment Agreement (Martha Stewart Living Omnimedia Inc), Employment Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your Holder’s rights, if any, in respect of or in connection with this Restricted Stock Unit (including the underlying Restricted Stock award) or any other Award award is derived solely from the discretionary decision of the Company to permit you Holder to participate in the Plan and to benefit from a discretionary Awardaward. By accepting this Restricted Stock UnitUnit award, you Holder expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards awards to youHolder. This Restricted Stock Unit award is not intended to be compensation of a continuing or recurring nature, or part of your Holder’s normal or expected compensation, and in no way represents any portion of a your Holder’s salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit award or any other Award award granted under the Plan shall be deemed to give you Holder a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliateparent or any other affiliate. The Company and its Parents Subsidiaries, parents and Subsidiaries and Affiliates affiliates, as applicable, reserve the right to terminate your Service Terminate the Consultancy, Directorship or Employment of Holder, as applicable, at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment or other agreement (if any), and you Holder shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit award or any outstanding Award award that is forfeited and/or is terminated by its terms or to any future Awardaward.
Appears in 4 contracts
Samples: Restricted Stock Unit Agreement (Actavis, Inc.), Restricted Stock Unit Agreement (Actavis, Inc.), Restricted Stock Unit Agreement (Actavis PLC)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit Purchase Right or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitPurchase Right, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit Purchase Right is not intended to be compensation of a continuing or recurring nature, nature or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Purchase Right or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliate. The Company and Company, its Parents and Parents, Subsidiaries and Affiliates Affiliates, reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Purchase Right or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 3 contracts
Samples: Restricted Stock Agreement (PDF Solutions Inc), Restricted Stock Agreement (PDF Solutions Inc), Restricted Stock Agreement (PDF Solutions Inc)
No Entitlement or Claims for Compensation. (a) Your Holder’s rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award award is derived solely from the discretionary decision of the Company to permit you Holder to participate in the Plan and to benefit from a discretionary Awardaward. By accepting this Restricted Stock UnitUnit award, you Holder expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards awards to youHolder. This Restricted Stock Unit award is not intended to be compensation of a continuing or recurring nature, or part of your Holder’s normal or expected compensation, and in no way represents any portion of a your Holder’s salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit award or any other Award award granted under the Plan shall be deemed to give you Holder a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliateparent or any other affiliate. The Company and its Parents Subsidiaries, parents and Subsidiaries and Affiliates affiliates, as applicable, reserve the right to terminate your Service Terminate the Consultancy, Directorship or Employment of Holder, as applicable, at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment or other agreement (if any), and you Holder shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit award or any outstanding Award award that is forfeited and/or is terminated by its terms or to any future Awardaward.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Warner Chilcott LTD), Restricted Stock Unit Agreement (Actavis PLC)
No Entitlement or Claims for Compensation. (a) Your Optionee's rights, if any, in respect of or in connection with this Restricted Stock Unit Option or any other Award is derived solely from the discretionary decision of the Company to permit you Optionee to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitOption, you Optionee expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to youOptionee. This Restricted Stock Unit Option is not intended to be compensation of a continuing or recurring nature, or part of your Optionee's normal or expected compensation, and in no way represents any portion of a your Optionee's salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Option or any other Award granted under the Plan shall be deemed to give you Optionee a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Optionee's Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment agreement (if any), and you Optionee shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Option or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
(c) Optionee acknowledges that he or she is voluntarily participating in the Plan.
(d) The future value of the underlying Shares is unknown and cannot be predicted with certainty. If the underlying Shares do not increase in value, the Option will have no value. If Optionee exercises the Option and obtains Shares, the value of the Shares acquired upon exercise may increase or decrease in value, even below the Exercise Price.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock Unit, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your Holder’s rights, if any, in respect of or in connection with this Restricted Stock Unit awards or any other Award award is derived solely from the discretionary decision of the Company to permit you Holder to participate in the Plan and to benefit from a discretionary Awardaward. By accepting this Restricted Stock Unitaward, you Xxxxxx expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards awards to youHolder. This Restricted Stock Unit award is not intended to be compensation of a continuing or recurring nature, or part of your Holder’s normal or expected compensation, and in no way represents any portion of a your Holder’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit award or any other Award award granted under the Plan shall be deemed to give you Holder a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliateparent or any other affiliate. The Company and its Parents Subsidiaries, parents and Subsidiaries and Affiliates affiliates, as applicable, reserve the right to terminate your Service Terminate the Consultancy, Directorship or Employment of Holder, as applicable, at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment agreement (if any), and you Holder shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit award or any outstanding Award award that is forfeited and/or is terminated by its terms or to any future Awardaward.
Appears in 2 contracts
Samples: Restricted Stock Agreement (Actavis, Inc.), Restricted Stock Agreement (Actavis, Inc.)
No Entitlement or Claims for Compensation. (a) Your Optionee's rights, if any, in respect of or in connection with this Restricted Stock Unit Option or any other Award is derived solely from the discretionary decision of the Company to permit you Optionee to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitOption, you Optionee expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to youOptionee. This Restricted Stock Unit Option is not intended to be compensation of a continuing or recurring nature, or part of your Optionee's normal or expected compensation, and in no way represents any portion of a your Optionee's salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Option or any other Award granted under the Plan shall be deemed to give you Optionee a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Optionee's Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you Optionee shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Option or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
(c) Optionee acknowledges that he or she is voluntarily participating in the Plan.
(d) The future value of the underlying Shares is unknown and cannot be predicted with certainty. If the underlying Shares do not increase in value, the Option will have no value. If Optionee exercises the Option and obtains Shares, the value of the Shares acquired upon exercise may increase or decrease in value, even below the Exercise Price.
Appears in 2 contracts
Samples: Employment Agreement, Employment Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your Optionee’s rights, if any, in respect of or in connection with this Restricted Stock Unit Option or any other Award is derived solely from the discretionary decision of the Company to permit you Optionee to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitOption, you Optionee expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to youOptionee. This Restricted Stock Unit Option is not intended to be compensation of a continuing or recurring nature, or part of your Optionee’s normal or expected compensation, and in no way represents any portion of a your Optionee’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Option or any other Award granted under the Plan shall be deemed to give you Optionee a right to become or remain an Employee, Consultant or director of the Company, a Parent, Parent or a Subsidiary, Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service the service of Optionee at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you Optionee shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Option or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
(c) Optionee agrees that the Company may require Options granted hereunder be exercised with, and the Option Shares held by, a broker designated by the Company. In addition, Optionee agrees that his or her rights hereunder shall be subject to set-off by the Company for any valid debts the Optionee owes to the Company.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cisco Systems Inc)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock Unit, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment services agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
Samples: Services Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock Unit, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of any pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit Purchase Right or any other Award is are derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitPurchase Right, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit Purchase Right is not intended to be compensation of a continuing or recurring nature, nature or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Purchase Right or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliate. The Company and Company, its Parents and Parents, Subsidiaries and Affiliates Affiliates, reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Purchase Right or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
No Entitlement or Claims for Compensation. (a) Your Holder’s rights, if any, in respect of or in connection with this Restricted Stock Unit Award or any other Award award is derived solely from the discretionary decision of the Company to permit you Holder to participate in the Plan and to benefit from a discretionary Awardaward. By accepting this Restricted Stock UnitAward, you Holder expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards awards to youHolder. This Restricted Stock Unit Award is not intended to be compensation of a continuing or recurring nature, or part of your Holder’s normal or expected compensation, and in no way represents any portion of a your Holder’s salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit Award or any other Award award granted under the Plan shall be deemed to give you Holder a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliateparent or any other affiliate. The Company and its Parents Subsidiaries, parents and Subsidiaries and Affiliates affiliates, as applicable, reserve the right to terminate your Service Terminate the Consultancy, Directorship or Employment of Holder, as applicable, at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment or other agreement (if any), and you Holder shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Award or any outstanding Award award that is forfeited and/or is terminated by its terms or to any future Awardaward.
Appears in 1 contract
No Entitlement or Claims for Compensation. (a) Your 9.1 The Participant’s rights, if any, in respect of or in connection with this the Restricted Stock Unit or any other Award is Units are derived solely from the discretionary decision of the Company to permit you the Participant to participate in the Plan and to benefit from a discretionary Award. By accepting this the Restricted Stock UnitUnits, you the Participant expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional restricted stock units or other Awards to youthe Participant. This The Restricted Stock Unit is Units are not intended to be compensation of a continuing or recurring nature, or part of your the Participant’s normal or expected compensation, and in no way represents any portion of a your the Participant’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) 9.2 Neither the Plan nor this the Restricted Stock Unit or any other Award granted under the Plan Units shall be deemed to give you the Participant a right to become or remain an Employee, Director or Consultant or director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your the Service of the Participant at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment agreement (if any), and you the Participant shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this the Restricted Stock Unit Units or any other outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
Samples: Restricted Stock Units Grant Notice and Award Agreement (Silicon Laboratories Inc)
No Entitlement or Claims for Compensation. (a) Your 9.1 The Participant’s rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is Option are derived solely from the discretionary decision of the Company to permit you the Participant to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitOption, you the Participant expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional options or other Awards to youthe Participant. This Restricted Stock Unit Option is not intended to be compensation of a continuing or recurring nature, or part of your the Participant’s normal or expected compensation, and in no way represents any portion of a your the Participant’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) 9.2 Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan Option shall be deemed to give you the Participant a right to become or remain an Employee, Director or Consultant or director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your the Service of the Participant at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment agreement (if any), and you the Participant shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit Option or any other outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit Purchase Right or any other Award is are derived solely from the discretionary decision of the Company to permit you to participate in the Plan and the Restricted Stock Sub Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitPurchase Right, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan, the Restricted Stock Sub Plan and/or grant any additional Awards to you. This Restricted Stock Unit Purchase Right is not intended to be compensation of a continuing or recurring nature, nature or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan Plan, the Restricted Stock Sub Plan, nor this Restricted Stock Unit Purchase Right or any other Award granted under the Plan or the Restricted Stock Sub Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director Director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliate. The Company and Company, its Parents and Parents, Subsidiaries and Affiliates Affiliates, reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this the Restricted Stock Unit Sub Plan, this Stock Purchase Right or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit PRSU or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitPRSU, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit PRSU is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit PRSU or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit PRSU or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
Samples: Performance Based Restricted Stock Unit Agreement (Martha Stewart Living Omnimedia Inc)
No Entitlement or Claims for Compensation. (a) Your 11.1 The Participant’s rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is the Units are derived solely from the discretionary decision of the Company to permit you the Participant to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock Unitthe Units, you the Participant expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Units or other Awards to youthe Participant. This Restricted Stock Unit is The Units are not intended to be compensation of a continuing or recurring nature, or part of your the Participant’s normal or expected compensation, and in no way represents any portion of a your the Participant’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) 11.2 Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan Units shall be deemed to give you the Participant a right to become or remain an Employee, Director or Consultant or director of the Company, a Parent, a Subsidiary, Subsidiary or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your the Service of the Participant at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles Certificate of Incorporation and Bylaws and a written employment agreement (if any), and you the Participant shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit the Units or any other outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
Appears in 1 contract
Samples: Market Stock Units Award Agreement (Silicon Laboratories Inc)
No Entitlement or Claims for Compensation. (a) Your rights, if any, in respect of or in connection with this Restricted Stock Unit or any other Award is derived solely from the discretionary decision of the Company to permit you to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock Unit, you expressly acknowledge that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to you. This Restricted Stock Unit is not intended to be compensation of a continuing or recurring nature, or part of your normal or expected compensation, and in no way represents any portion of a your salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit or any other Award granted under the Plan shall be deemed to give you a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award. 37.
Appears in 1 contract
Samples: Employment Agreement
No Entitlement or Claims for Compensation. (a) Your Recipient’s rights, if any, in respect of or in connection with this Restricted Stock Unit SAR or any other Award is derived solely from the discretionary decision of the Company to permit you Recipient to participate in the Plan and to benefit from a discretionary Award. By accepting this Restricted Stock UnitSAR, you Recipient expressly acknowledge acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional Awards to youRecipient. This Restricted Stock Unit SAR is not intended to be compensation of a continuing or recurring nature, or part of your Recipient’s normal or expected compensation, and in no way represents any portion of a your Recipient’s salary, compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
(b) Neither the Plan nor this Restricted Stock Unit SAR or any other Award granted under the Plan shall be deemed to give you Recipient a right to become or remain an Employee, Consultant or director of the Company, a Parent, a Subsidiary, or an Affiliate. The Company and its Parents and Subsidiaries and Affiliates reserve the right to terminate your Recipient’s Service at any time, with or without cause, and for any reason, subject to applicable laws, the Company’s Articles of Incorporation and Bylaws and a written employment agreement (if any), and you Recipient shall be deemed irrevocably to have waived any claim to damages or specific performance for breach of contract or dismissal, compensation for loss of office, tort or otherwise with respect to the Plan, this Restricted Stock Unit SAR or any outstanding Award that is forfeited and/or is terminated by its terms or to any future Award.
(c) Recipient acknowledges that he or she is voluntarily participating in the Plan.
(d) The future value of the underlying Shares is unknown and cannot be predicted with certainty. If the underlying Shares do not increase in value, the SAR will have no value. If Recipient exercises the SAR and obtains Shares, the value of the Shares acquired upon exercise may increase or decrease in value, even below the Exercise Price.
Appears in 1 contract
Samples: Stock Appreciation Right Agreement (Martha Stewart Living Omnimedia Inc)