No Obligation to Continue Service. This Agreement is not an agreement of employment or service. Neither the execution of this Agreement nor the issuance of the Restricted Shares hereunder constitute an agreement by the Company to employ or retain, or to continue to retain, the Director during the entire, or any portion of, the term of this Agreement, including, but not limited to, any period during which any Restricted Shares are outstanding, nor does it modify in any respect the Board’s right to modify the Director’s compensation and the right of the Company’s stockholders to terminate the Director’s service on the board.
Appears in 5 contracts
Samples: Restricted Share Award Agreement (Hines Global Income Trust, Inc.), Restricted Share Award Agreement (Hines Global REIT, Inc.), Restricted Share Award Agreement (Hines Global Reit Ii, Inc.)
