No Right to Compensation Sample Clauses
No Right to Compensation. Unless expressly provided by the Company in writing, any value associated with the Award is an item of compensation outside the scope of the Employee’s employment contract, if any, and shall not be deemed part of the Employee’s normal or expected compensation for purposes of calculating any severance, resignation, redundancy, or end-of-service payments, bonuses, long-service awards, insurance plan, investment or stock purchase plan, pension, retirement, or any other employee benefits, or similar payments under plans of the Company or any of its Subsidiaries.
No Right to Compensation. Neither this Option, Shares issued upon its exercise, any excess of market value over Exercise Price, nor any other rights, benefits, values or interest resulting from the granting of the Option shall be considered as compensation for purposes of any pension or retirement plan, insurance plan, investment or stock purchase plan, or any other employee benefit plan of the Company or any of its Subsidiaries. Unless expressly provided by the Company in writing, any value associated with the Option is an item of compensation outside the scope of the Employee’s employment contract, if any, and shall not be deemed part of the Employee’s normal or expected compensation for purposes of calculating any severance, resignation, redundancy, or end-of-service payments, bonuses, long-service awards, pension or retirement benefits, or similar payments.
No Right to Compensation. This option shall not form part of the terms and conditions of the Optionee's employment with the Company and the Optionee shall have no right to any compensation arising from the loss of the Optionee's entitlements to or under this option or the Option Shares as a result of the termination of the Optionee's employment (for any reason whatsoever) whether such compensation is claimed by way of damages for unfair or wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise howsoever.
No Right to Compensation. No Director shall receive an additional salary or stipend for his or her service as a Governing Board member. Directors are not eligible for health insurance or other benefits provided to employees of the Cape Light Compact JPE.
No Right to Compensation. Any employee whose employment with the Company or with any Relevant Subsidiary terminates shall not be entitled to any compensation for or by reference to any loss or curtailment of any right or benefit or prospective right or benefit under this Trust which he might otherwise have enjoyed whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for unfair dismissal or for loss of office or otherwise.
No Right to Compensation. Unless the Governing Board in its discretion provides for compensation, no Representative or alternate resigning, and (except where a right to receive compensation shall be expressly provided in a duly authorized written agreement with the Compact) no Representative or alternate removed, shall have any right to any compensation as such Representative or alternate for any period following his/her resignation or removal, or any right to damages on account of such removal, whether his/her compensation be by the month or by the year or otherwise.
No Right to Compensation. (a) Neither this Option, Shares issued upon its exercise, any excess of market value over Exercise Price, nor any other rights, benefits, values or interest resulting from the granting of this Option shall be considered as compensation for purposes of any pension or retirement plan, insurance plan, investment or stock purchase plan, or any other employee benefit plan of the Company or any of its Subsidiaries;
(b) The grant of an Option under the Program does not create any contractual or other right to receive additional Option grants or other Program benefits in the future. Nothing contained in this Agreement is intended to create or enlarge any other contractual obligations between the Company and the Employee. Future Option grants, if any, and their terms and conditions, will be at the sole discretion of the Committee or its delegate. Unless expressly provided by the Company in writing, any value associated with an Option granted under the Program is an item of compensation outside the scope of the Employee’s employment contract, if any, and shall not be deemed part of the Employee’s normal or expected compensation for purposes of calculating any severance, resignation, redundancy, dismissal, end-of-service payments, bonuses, long-service awards, pension or retirement benefits, or similar payments.
No Right to Compensation. For the avoidance of doubt:
(a) the State is not obliged to make any payment or other compensation to the Contractor or any Subcontractor in relation to the rights, licences or consents granted to the State, the State’s Associates and the Successor Operator under this clause; and
(b) the Contractor is not obliged to make any payment or other compensation to the State in relation to the rights, licences or consents granted to the Contractor under this clause.
No Right to Compensation. Without in any way limiting the other terms of this Article VIII and the application of Law, including the Transfer Regulations, the Parties acknowledge and agree that no provision of this Agreement shall be construed to (i) create any right to any compensation or benefits whatsoever on the part of any Transferred Employee, Mexx Canada Employee or other future, present or former employee of the Parties or any of their respective Subsidiaries or Affiliates; (ii) guarantee employment for any period of time or preclude the ability of the Parties or any of their respective Subsidiaries or Affiliates, to legally terminate any employee or independent contractor for any reason at any time; or (iii) constitute an amendment to any Mexx Canada Benefit Plan or other employee benefit or compensation plans or arrangements. Nothing in this Section 8.9 or elsewhere in this Agreement shall be deemed to make any Mexx Canada Employee, Transferred Employee or any other current or former employee or independent contractor (or any beneficiary or dependent thereof) a third party beneficiary of this Article VIII or this Agreement or any rights relating hereto.
No Right to Compensation. Upon the Termination of your Appointment, you will have no rights as a result of this Agreement or any alleged breach of this Agreement to any compensation under or in respect of any share options or incentive plans in which you may participate or have received grants or allocations at or before the date your Appointment terminates. Any rights which you may have under such schemes will be exclusively governed by the rules of such schemes.