Common use of No Promise of Employment Clause in Contracts

No Promise of Employment. The Performance-Based Restricted Stock 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 or any Subsidiary for any period of time or at any particular rate of compensation.

Appears in 8 contracts

Samples: Performance Based Restricted Stock Units Agreement (New Jersey Resources Corp), Performance Based Restricted Stock Units Agreement (New Jersey Resources Corp), Performance Based Restricted Stock Units Agreement (New Jersey Resources Corp)

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No Promise of Employment. The Performance-Based Restricted Stock 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 or any Subsidiary for any period of time time, or at any particular rate of compensation.

Appears in 7 contracts

Samples: Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp), Restricted Stock Units Agreement (New Jersey Resources Corp)

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No Promise of Employment. The Performance-Based Restricted Stock 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 or any Subsidiary for any period of time or at any particular rate of compensation.

Appears in 4 contracts

Samples: Performance Based Restricted Stock Agreement, Performance Based Restricted Stock Agreement (New Jersey Resources Corp), Performance Based Restricted Stock Agreement (New Jersey Resources Corp)

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