No vesting. Developer agrees that no vested rights exist that would impact the City's consideration of its proposed development, and that no vested rights shall be claimed for the proposed development until and unless annexation and zoning are approved, if they are approved, and such further development approvals are given as would, under the law, create a claim regarding vested rights.
No vesting. Benefits are not vested nor guaranteed in any way. The Trustees reserve the right, in their sole and absolute discretion to amend, modify or terminate any or all of the provisions of the Plan. Benefits to current and future Retirees may be reduced or eliminated at any time.
No vesting. For the avoidance of doubt, any 3.0x Return Options that do not vest or become exercisable upon the Wind Up Date shall expire as of such Wind Up Date.
No vesting. The establishment of the Spinco Supplemental Pension Plan shall not affect the vesting, accrual or payment of any benefits to any Spinco Participants and Quanex Participants under the Quanex Supplemental Salaried Employees’ Pension Plan or the Spinco Supplemental Salaried Employees’ Pension Plan.
No vesting. The establishment of the Spinco Supplemental Benefit Plan shall not affect the vesting, accrual or payment of any benefits to any Spinco Participants and Quanex Participants under the Quanex Supplemental Benefit Plan or the Spinco Supplemental Benefit Plan, respectively.
No vesting. An Employee’s Active Plan HRA account is solely a bookkeeping account and is not vested nor segregated or held in individual trust apart from Plan assets for the Employee or anyone else. Active Plan HRA benefits and accounts are not vested nor guaranteed in any way.
No vesting. No provision of this Plan shall be construed as giving rise to or granting any vested right to receive severance benefits.
No vesting. Neither this Agreement nor the disclosure of Confidential Information by the Disclosing Party shall vest in Receiving Party any right, title, or interest in, or any license under, any of the Disclosing Party's patents, copyrights, trade secrets, trademarks, licenses or other intellectual property, except as specifically provided in this Agreement.
No vesting. Except as set forth in Schedule 4.14, the consummation ---------- ------------- of the transactions contemplated by this Agreement will not (whether alone or upon the occurrence of any other event) (i) entitle any current or former employee of any Acquired Company to any payment or forgiveness or indebtedness, (ii) accelerate the time of payment or vesting, result in the funding or increase the amount of any benefit, award or compensation due any such employee, or (iii) result in a restriction on the right of the Buyer to cause any Company Employee Plan to be amended or terminated.
No vesting. Consultant acknowledges that no options vested during his employment and that all eligibility for Stock Options has terminated. Consultant is entitled to no Stock Options.
