Common use of PARTICIPANT’S RIGHTS Clause in Contracts

PARTICIPANT’S RIGHTS. This Plan shall not be deemed to constitute a contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or Employee. Nothing contained in this Plan shall be deemed to give any Participant or Employee the right to be retained in the service of the Employer or to interfere with the right of the Employer to discharge any Participant or Employee at any time regardless of the effect which such discharge shall have upon the Employee as a Participant of this Plan.

Appears in 9 contracts

Samples: 401(a) Temporary Employee Retirement Plan Addendum, Disclosure Statements and Trust Agreements, Employee Profit Sharing and Stock Ownership Plan and Trust Agreement (PBSJ Corp /Fl/)

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PARTICIPANT’S RIGHTS. This Plan shall not be deemed to constitute a contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or Employee. Nothing contained in this Plan shall be deemed to give any Participant or Employee the right to be retained in the service of the Employer or to interfere with the right of the Employer to discharge any Participant or Employee at any time regardless of the effect which such discharge shall have upon the Employee him as a Participant of this Plan.

Appears in 6 contracts

Samples: 401(k) Profit Sharing Plan and Trust Agreement (Ameritrade Holding Corp), Retirement & Profit Sharing Plan (Aironet Wireless Communications Inc), 401(k) Savings Plan and Trust Agreement (Fulton Financial Corp)

PARTICIPANT’S RIGHTS. This Plan shall not be deemed to constitute a an employment contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or Employee. Nothing contained in this Plan shall be deemed to give any Participant or Employee the right to be retained in the service of the Employer or to interfere with the right of the Employer to discharge any Participant or Employee at any time regardless of the effect which such discharge shall have upon the Employee him as a Participant of this Plan.

Appears in 3 contracts

Samples: Adoption Agreement, Health Reimbursement Arrangement, Health Reimbursement Arrangement

PARTICIPANT’S RIGHTS. This Plan shall not be deemed to constitute a an employment contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or Employee. Nothing contained in this Plan shall be deemed to give any Participant or Employee the right to be retained in the service of the Employer or to interfere with the right of the Employer to discharge any Participant or Employee at any time regardless of the effect which that such discharge shall have upon the Employee him/her as a Participant of this Plan.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

PARTICIPANT’S RIGHTS. This Plan shall not be deemed to constitute a contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or EmployeeAssociate. Nothing contained in this Plan shall be deemed to give any Participant or Employee Associate the right to be retained in the service of the Employer or to interfere with the right of the Employer to discharge any Participant or Employee Associate at any time regardless of the effect which such discharge shall have upon the Employee him as a Participant of this Plan.

Appears in 2 contracts

Samples: 401(k) Plan and Trust Agreement (Hastings Entertainment Inc), 401(k) Plan and Trust Agreement (Hastings Entertainment Inc)

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PARTICIPANT’S RIGHTS. This Plan plan shall not be deemed to constitute a contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or Employee. Nothing contained in this Plan shall be deemed to give any Participant or Employee the right to be retained in the service of the Employer or to interfere with the right of the Employer to discharge any Participant or Employee at any time regardless of the effect which such discharge shall have upon the Employee him as a Participant of this Plan.

Appears in 1 contract

Samples: Bargaining Unit Pension Plan and Trust Agreement (Blonder Tongue Laboratories Inc)

PARTICIPANT’S RIGHTS. This Plan shall not be deemed to constitute a contract between the Employer and any Participant or to be a consideration or an inducement for the employment of any Participant or Employee. Nothing contained in this the Plan shall be deemed to give any Participant or Employee the right to be retained in the service of the any Employer or to interfere with the right of the Employer to discharge any Participant or Employee at any time regardless of the effect which such discharge shall have upon the Employee them as a Participant of this Plan.

Appears in 1 contract

Samples: Supplemental Retirement Plan

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