Common use of Retention Rights Clause in Contracts

Retention Rights. This Agreement does not give you the right to serve as a member of the Board or be retained by the Company or its Affiliates in any other capacity. The Company and its Affiliates reserve the right to terminate your employment or service at any time and for any reason subject to the terms of your employment agreement.

Appears in 4 contracts

Samples: Performance Share Unit Agreement (Pacific Drilling S.A.), Performance Share Unit Agreement (Pacific Drilling S.A.), Restricted Stock Unit Agreement (Pacific Drilling S.A.)

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Retention Rights. This Agreement does not give you the right to serve as a member of the Board or be retained by the Company or its Affiliates in any other capacity. The Company and its Affiliates reserve the right to terminate your employment or service at any time and for any reason subject to the terms of your employment agreementreason.

Appears in 4 contracts

Samples: Performance Based Restricted Stock Unit Agreement (Pacific Drilling S.A.), Restricted Stock Unit Agreement (Pacific Drilling S.A.), Restricted Stock Unit Agreement (Pacific Drilling S.A.)

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Retention Rights. This Agreement does not give you the right to serve as a member continue in the employ of the Board Company or its Affiliates or to be retained by the Company or its Affiliates in any other capacity. The Company and its Affiliates reserve the right to terminate your employment or service at any time and for any reason subject to the terms of your employment agreementreason.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Pacific Drilling S.A.), Restricted Stock Unit Agreement (Pacific Drilling S.A.)

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