Common use of No Retention Rights, No Future Awards Clause in Contracts

No Retention Rights, No Future Awards. Nothing in this award or in the Plan shall confer upon the Grantee any right to any future Awards and to continue in Continuous Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Grantee) or of the Grantee, which rights are hereby expressly reserved by each, to terminate his or her Continuous Service at any time and for any reason, with or without cause.

Appears in 85 contracts

Samples: Deferred Stock Award Agreement, Deferred Stock Award Agreement, Deferred Stock Award Agreement

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No Retention Rights, No Future Awards. Nothing in this award or in the Plan shall confer upon the Grantee any right to any future Awards and to continue in Continuous Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Grantee) or of the Grantee, which rights are hereby expressly reserved by each, to terminate his or her Continuous Service at any time and for any reason, with or without cause.

Appears in 4 contracts

Samples: Deferred Stock Award Agreement (Comverse Technology Inc/Ny/), Deferred Stock Award Agreement (Comverse Technology Inc/Ny/), Deferred Stock Award Agreement (Comverse Technology Inc/Ny/)

No Retention Rights, No Future Awards. Nothing in this award or in the Plan shall confer upon the Grantee any right to any future Awards and or to continue in Continuous Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Grantee) or of the Grantee, which rights are hereby expressly reserved by each, to terminate his or her Continuous Service at any time and for any reason, with or without cause.

Appears in 1 contract

Samples: Deferred Stock Award Agreement (Comverse Technology Inc/Ny/)

No Retention Rights, No Future Awards. Nothing in this award Award or in the Plan shall confer upon the Grantee any right to any future Awards and to continue in Continuous Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary employing or retaining the Grantee) or of the Grantee, which rights are hereby expressly reserved by each, to terminate his or her Continuous Service at any time and for any reason, with or without cause. This Award shall not form part of the Grantee’s employment agreement (if any). This Award is made at the sole discretion of the Company, and the Plan can be discontinued at the discretion of the Company.

Appears in 1 contract

Samples: Deferred Stock Award Agreement (Comverse Technology Inc/Ny/)

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No Retention Rights, No Future Awards. Nothing in this award or in the Plan shall confer upon the Grantee any right to any future Awards awards and to continue in Continuous Service for any period of specific duration or interfere with or otherwise restrict in any way the rights of the Company (or any Parent or Subsidiary Affiliate employing or retaining the Grantee) or of the Grantee, which rights are hereby expressly reserved by each, to terminate his or her Continuous Service at any time and for any reason, with or without cause.

Appears in 1 contract

Samples: Director Award Agreement (Comverse Technology Inc/Ny/)

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