No Entitlement or Claims for Compensation. (a) Holder’s rights, if any, in respect of or in connection with Restricted Stock Unit or any other award is derived solely from the discretionary decision of the Company to permit Holder to participate in the Plan and to benefit from a discretionary award. By accepting this Restricted Stock Unit award, Holder expressly acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional awards to Holder. This Restricted Stock Unit award is not intended to be compensation of a continuing or recurring nature, or part of Holder’s normal or expected compensation, and in no way represents any portion of Holder’s salary, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
Appears in 2 contracts
Samples: Award Agreement (Warner Chilcott LTD), Restricted Stock Units (Actavis PLC)
No Entitlement or Claims for Compensation. (a) Holder’s rights, if any, in respect of or in connection with Restricted Stock Unit awards or any other award is derived solely from the discretionary decision of the Company to permit Holder to participate in the Plan and to benefit from a discretionary award. By accepting this Restricted Stock Unit award, Holder Xxxxxx expressly acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional awards to Holder. This Restricted Stock Unit award is not intended to be compensation of a continuing or recurring nature, or part of Holder’s normal or expected compensation, and in no way represents any portion of a Holder’s salary, compensation compensation, or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
Appears in 2 contracts
Samples: Shares of Restricted Stock (Actavis, Inc.), Award Agreement (Actavis, Inc.)
No Entitlement or Claims for Compensation. (a) Holder’s rights, if any, in respect of or in connection with Restricted Stock Unit Award or any other award is derived solely from the discretionary decision of the Company to permit Holder to participate in the Plan and to benefit from a discretionary award. By accepting this Restricted Stock Unit awardAward, Holder expressly acknowledges that there is no obligation on the part of the Company to continue the Plan and/or grant any additional awards to Holder. This Restricted Stock Unit award Award is not intended to be compensation of a continuing or recurring nature, or part of Holder’s normal or expected compensation, and in no way represents any portion of Holder’s salary, compensation or other remuneration for purposes of pension benefits, severance, redundancy, resignation or any other purpose.
Appears in 1 contract
Samples: Based Award Agreement (Allergan PLC)