Common use of No Right of Continued Employment Clause in Contracts

No Right of Continued Employment. The receipt of this Award does not give the Participant, and nothing in the Plan or in this Agreement shall confer upon the Participant, any right to continue in the employment of the Company or any of its Affiliates. Nothing in the Plan or in this Agreement shall affect any right which the Company or any of its Affiliates may have to terminate the employment of the Participant.

Appears in 22 contracts

Samples: Employment Agreement (Stonemor Partners Lp), Employment Agreement (Stonemor Partners Lp), Key Employee Unit Agreement (Stonemor Partners Lp)

AutoNDA by SimpleDocs

No Right of Continued Employment. The receipt of this Award award does not give the Participant, and nothing in the Plan or in this Agreement shall confer upon the Participant, any right to continue in the employment of the Company or any of its Affiliatessubsidiaries. Nothing in the Plan or in this Agreement shall affect any right which the Company or any of its Affiliates subsidiaries may have to terminate the employment of the Participant. The payment of earned Restricted Units, and the related DERs, under this Agreement shall not give the Company or any of its subsidiaries any right to the continued services of the Participant for any period.

Appears in 10 contracts

Samples: Restricted Unit Agreement (Sunoco Logistics Partners L.P.), Restricted Unit Agreement (Sunoco Logistics Partners L.P.), Restricted Unit Agreement (Sunoco Logistics Partners Lp)

AutoNDA by SimpleDocs

No Right of Continued Employment. The receipt of this Award does not give the Participant, and nothing in the Plan or in this Agreement shall confer upon the Participant, any right to continue in the employment of the Company or any of its Affiliates. Nothing in the Plan or in this Agreement shall affect any right which the Company or any of its Affiliates may have to terminate the employment of the Participant. The distribution with respect to Phantom Units under this Agreement shall not give the Company or any of its Affiliates any right to the continued services of the Participant for any period.

Appears in 1 contract

Samples: Key Employee Restricted Phantom Unit Agreement (Stonemor Partners Lp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!