Common use of No Special Service Rights Clause in Contracts

No Special Service Rights. Nothing contained in this Award Agreement shall confer upon the Recipient any right with respect to the continuation of his or her employment or other association with the Company (or any Affiliate), or interfere in any way with the right of the Company (or any Affiliate), subject to the terms of any separate employment or consulting agreement or provision of law or corporate articles or by-laws to the contrary, at any time to terminate such employment or consulting agreement or to increase or decrease, or otherwise adjust, the other terms and conditions of the Recipient’s employment or other association with the Company and its Affiliates.

Appears in 23 contracts

Samples: Omnibus Amendment to Equity Incentive Plan (PennyMac Financial Services, Inc.), Omnibus Amendment to Restricted Stock Unit Award Agreements (PennyMac Financial Services, Inc.), Restricted Stock Unit Award Agreement (PennyMac Financial Services, Inc.)

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