Common use of No Implied Contract Clause in Contracts

No Implied Contract. Nothing in this Agreement shall be construed to impose any obligation on the Company to establish or maintain any benefit, welfare or compensation plan or program or to prevent the modification or termination of any benefit, welfare or compensation plan or program or any action or inaction with respect to any such benefit, welfare or compensation plan or program.

Appears in 3 contracts

Samples: Employment Agreement (Coty Inc.), Employment Agreement (Coty Inc.), Employment Agreement (Coty Inc.)

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No Implied Contract. Nothing in this Agreement shall be construed to impose any obligation on the Company to establish or maintain any benefit, welfare or compensation plan or program or to prevent the modification or termination of any benefit, welfare or compensation plan or program or any action or inaction with respect to any such benefit, welfare or compensation plan or program.. [initials] [initials]

Appears in 1 contract

Samples: Employment Agreement (Coty Inc.)

No Implied Contract. Nothing in this Agreement shall be construed to impose any obligation on the Company to establish or maintain any benefit, welfare or compensation plan or program or to prevent the modification or termination of any benefit, welfare or compensation plan or program or any action or inaction with respect to any such benefit, welfare or compensation plan or program.. [initials] [initials] [initials]

Appears in 1 contract

Samples: Employment Agreement (Coty Inc.)

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No Implied Contract. Nothing in this Agreement shall be construed to impose any obligation on the Company or Executive to renew this Agreement or any portion hereof or on the Company to establish or maintain any benefit, welfare or compensation plan or program or to prevent the modification or termination of any benefit, welfare or compensation plan or program or any action or inaction with respect to any such benefit, welfare or compensation plan or program.

Appears in 1 contract

Samples: Employment Agreement (Coty Inc.)

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