Common use of NOTICE OF GRANT Clause in Contracts

NOTICE OF GRANT. In accepting the RIU Award, the Spanish Participant acknowledges that the Spanish Participant consents to participation in the Plan and has received a copy of the Plan. Furthermore, the Spanish Participant understands that the Company has unilaterally, gratuitously and discretionally decided to grant the RIU Award under the Plan and this Agreement to individuals who may be employees of the Company, the employer or any other participating entity. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not economically or otherwise bind the Company, the employer or any other participating entity on an ongoing basis, other than to the extent set forth in this Agreement. In addition, the Spanish Participant understands that the RIU Award would not be granted to him / her but for the assumptions and conditions referred to above; thus, the Spanish Participant acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then the Spanish Participant’s RIU Award shall be null and void.

NOTICE OF GRANT. In accepting the RIU Option Award, the Spanish Participant acknowledges that the Spanish Participant consents to participation in the Plan and has received a copy of the Plan. Furthermore, the Spanish Participant understands that the Company has unilaterally, gratuitously and discretionally decided to grant the RIU Option Award under the Plan and this Agreement to individuals who may be employees of the Company, the employer or any other participating entity. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not economically or otherwise bind the Company, the employer or any other participating entity on an ongoing basis, other than to the extent set forth in this Agreement. In addition, the Spanish Participant understands that the RIU Option Award would not be granted to him / her but for the assumptions and conditions referred to above; thus, the Spanish Participant acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then the Spanish Participant’s RIU Option Award shall be null and void.

NOTICE OF GRANT. (a) In accepting the RIU Award, the Spanish Participant Holder acknowledges that the Spanish Participant Holder consents to participation in the Plan and has received a copy of the Plan. Furthermore, the Spanish Participant Holder understands that the Company has unilaterally, gratuitously and discretionally decided to grant the RIU Award under the Plan and this Agreement to individuals who may be employees of the Company, the employer or any other participating entity. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not economically or otherwise bind the Company, the employer or any other participating entity on an ongoing basis, other than to the extent set forth in this Agreement. 1. In addition, the Spanish Participant Holder understands that the RIU Award would not be granted to him / her but for the assumptions and conditions referred to above; thus, the Spanish Participant Holder acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then the Spanish ParticipantHolder’s RIU Award shall be null and void.

NOTICE OF GRANT. (a) In accepting the RIU Award, the Spanish Participant Holder acknowledges that the Spanish Participant Holder consents to participation in the Plan and has received a copy of the Plan. Furthermore, the Spanish Participant Holder understands that the Company has unilaterally, gratuitously and discretionally decided to grant the RIU Award under the Plan and this Agreement to individuals who may be employees of the Company, the employer or any other participating entity. The decision is a limited decision that is entered into upon the express assumption and condition that any grant will not economically or otherwise bind the Company, the employer or any other participating entity on an ongoing basis, other than to the extent set forth in this Agreement. . (b) In addition, the Spanish Participant Holder understands that the RIU Award would not be granted to him / her but for the assumptions and conditions referred to above; thus, the Spanish Participant Holder acknowledges and freely accepts that should any or all of the assumptions be mistaken or should any of the conditions not be met for any reason, then the Spanish ParticipantHolder’s RIU Award shall be null and void.