Common use of No Right To Employment or Other Status Clause in Contracts

No Right To Employment or Other Status. The grant of an award of Restricted Shares shall not be construed as giving the Participant the right to continued employment or any other relationship with the Company or a Subsidiary. The Company and Subsidiaries expressly reserve the right at any time to dismiss or otherwise terminate its relationship with the Participant free from any liability or claim under the Plan or this Agreement, except as expressly provided herein.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Thermo Fisher Scientific Inc.), Restricted Stock Agreement (Thermo Fisher Scientific Inc.), Performance Restricted Stock Agreement (Thermo Fisher Scientific Inc.)

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No Right To Employment or Other Status. The grant of an award of Restricted Shares shall not be construed as giving the Participant the right to continued employment or any other relationship with the Company or a SubsidiaryCompany. The Company and Subsidiaries expressly reserve reserves the right at any time to dismiss or otherwise terminate its relationship with the Participant free from any liability or claim under the Plan or this Agreement, except as expressly provided herein.

Appears in 1 contract

Samples: Performance Restricted Stock Agreement (Thermo Fisher Scientific Inc.)

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