Common use of No Right to Continued Employment or Service; No Right to Further Awards Clause in Contracts

No Right to Continued Employment or Service; No Right to Further Awards. Nothing in the Plan or the Agreement gives the Participant any right to continue in the employment or service of the Company or an Affiliate or interferes with the right of the Company or an Affiliate to terminate the Participant’s employment or service at any time. Except as otherwise provided in the Plan or this Agreement, all rights of the Participant with respect to the unvested portion of the PSUs (if any) will terminate on the Participant’s Termination Date. The grant of the PSUs does not create any obligation to grant further awards.

Appears in 3 contracts

Samples: Vulcan Materials CO, Vulcan Materials CO, Vulcan Materials CO

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No Right to Continued Employment or Service; No Right to Further Awards. Nothing in the Plan or the Agreement gives the Participant any right to continue in the employment or service of the Company or an Affiliate or interferes with the right of the Company or an Affiliate to terminate the Participant’s employment or service at any time. Except as otherwise provided in the Plan or this Agreement, all rights of the Participant with respect to the unvested portion of the PSUs RSUs (if any) will terminate on the Participant’s Termination Date. The grant of the PSUs RSUs does not create any obligation to grant further awards.

Appears in 2 contracts

Samples: Vulcan Materials CO, Vulcan Materials CO

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