Common use of No Promise of Employment Clause in Contracts

No Promise of Employment. The Performance Share Units and the granting thereof shall not constitute or be evidence of any agreement or understanding, express or implied, that Employee has a right to continue as an officer or employee of the Company for any period of time, or at any particular rate of compensation.

Appears in 16 contracts

Samples: Performance Share Units Agreement (New Jersey Resources Corp), Performance Share Units Agreement (New Jersey Resources Corp), Performance Share Units Agreement (New Jersey Resources Corp)

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No Promise of Employment. The Performance Share Units Shares and the granting thereof shall not constitute or be evidence of any agreement or understanding, express or implied, that Employee has a right to continue as an officer or employee of the Company for any period of time, or at any particular rate of compensation.

Appears in 8 contracts

Samples: Performance Shares Agreement (New Jersey Resources Corp), Performance Shares Agreement (New Jersey Resources Corp), Performance Shares Agreement (New Jersey Resources Corp)

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