Common use of No Right to Continued Service as a Director Clause in Contracts

No Right to Continued Service as a Director. Neither the Plan nor this Agreement shall (i) be construed as giving the Participant the right to be retained as a member of the Board or (ii) confer on the Participant any right to receive another grant of RSUs or any other equity-based award at any time in the future or in respect of any future period.

Appears in 4 contracts

Samples: Restricted Stock Unit Award Agreement, Restricted Stock Unit Award Agreement (American Axle & Manufacturing Holdings Inc), Restricted Stock Unit Award Agreement (American Axle & Manufacturing Holdings Inc)

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No Right to Continued Service as a Director. Neither Nothing in the Plan nor or this Agreement shall (i) be construed as giving the Participant the right to be retained as a member of the Board or (ii) confer on the Participant any right to receive another grant of RSUs or any other equity-based award at any time in the future or in respect of any future period.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (American Axle & Manufacturing Holdings Inc)

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