Common use of No Right to Awards Clause in Contracts

No Right to Awards. The Employee acknowledges and agrees that the grant of any PRSUs (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 PRSUs or other Awards in the future.

Appears in 11 contracts

Samples: Employee Performance Restricted Stock Unit Agreement (Agilon Health, Inc.), Employee Performance Based Restricted Stock Unit Agreement (Univar Solutions Inc.), Employee Performance Based Restricted Stock Unit Agreement (Univar Solutions Inc.)

AutoNDA by SimpleDocs

No Right to Awards. The Employee acknowledges and agrees that the grant of any PRSUs PRSUs (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 PRSUs or other Awards in the future.

Appears in 1 contract

Samples: Employee Performance Based Restricted Stock Unit Agreement (Univar Solutions Inc.)

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