Common use of No Obligation of Service Clause in Contracts

No Obligation of Service. Nothing in this Agreement or in the Plan shall confer upon the Grantee any right to continue in the service of the Company or interfere with or restrict in any way the rights of the Company, which rights are hereby expressly reserved, to terminate the service of the Grantee at any time for any reason whatsoever.

Appears in 4 contracts

Samples: Deferred Stock Unit Agreement (Peabody Energy Corp), Deferred Stock Unit Agreement (Peabody Energy Corp), Deferred Stock Unit Agreement (Peabody Energy Corp)

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No Obligation of Service. Nothing in this Agreement or in the Plan shall confer upon the Grantee any right to continue in the service of the Company or interfere with or restrict in any way the rights of the Company, which rights are hereby expressly reserved, Company to terminate the service of the Grantee at any time for any reason whatsoeverGrantee.

Appears in 3 contracts

Samples: Deferred Stock Units Agreement (Peabody Energy Corp), Deferred Stock Units Agreement (Peabody Energy Corp), Deferred Stock Units Agreement (Patriot Coal CORP)

No Obligation of Service. Nothing in this Agreement or in the Plan shall confer upon the Grantee any right to continue in the service of the Company or interfere with or restrict in any way the rights of the Company, which rights are hereby expressly reserved, to terminate the service of the Grantee at any time for any reason whatsoever.

Appears in 1 contract

Samples: Service Based Cash Award Agreement (Peabody Energy Corp)

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No Obligation of Service. Nothing in this Agreement or in the Plan shall confer upon the Grantee any right to continue in the service of on the Company Board or interfere with or restrict in any way the rights of the CompanyBoard, which rights are hereby expressly reserved, to terminate the service of the Grantee at any time for any reason whatsoever.

Appears in 1 contract

Samples: Director Cash Award Agreement (Premier, Inc.)

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