Common use of No Right to Awards Clause in Contracts

No Right to Awards. The Employee acknowledges and agrees that the grant of any Options (i) is being made on an exceptional basis and is not intended to be renewed or repeated, (ii) is entirely voluntary on the part of the Company and the Subsidiaries and (iii) should not be construed as creating any obligation on the part of the Company or any of the Subsidiaries to offer any Options or other Awards in the future.

Appears in 11 contracts

Samples: Employee Stock Option Agreement (Agilon Health, Inc.), Employee Stock Option Agreement (Univar Solutions Inc.), Employee Stock Option Agreement (Univar Solutions Inc.)

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No Right to Awards. The Employee Participant acknowledges and agrees that the grant of any Options (i) is being made on an exceptional basis and is not intended to be renewed or repeated, (ii) is entirely voluntary on the part of the Company and the Subsidiaries and (iii) should not be construed as creating any obligation on the part of the Company or any of the Subsidiaries to offer any Options or other Awards in the future.

Appears in 3 contracts

Samples: Employment Agreement (Core & Main, Inc.), Participant Stock Option Agreement (Core & Main, Inc.), Participant Stock Option Agreement (Core & Main, Inc.)

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No Right to Awards. The Employee acknowledges and agrees that the grant of any Options the options (i) is being has been made on an exceptional basis and is not intended to be renewed or repeated, (ii) is entirely voluntary on the part of the Company and the its Subsidiaries and (iii) should not be construed as creating any obligation on the part of the Company or any of the its Subsidiaries to offer any Options or other Awards securities in the future.

Appears in 1 contract

Samples: Employee Stock Option Agreement (Univar Inc.)

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