Common use of Right of Company to Terminate Employment Clause in Contracts

Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates and the Company and any such Affiliate shall have the right to terminate the Employment of the Participant at any such time, with or without Cause, notwithstanding the fact that some or all of the PSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the PSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 14 contracts

Samples: Performance Stock Units Agreement (Time Warner Inc.), Performance Stock Units Agreement (Time Warner Inc.), Performance Stock Units Agreement (Time Warner Inc.)

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Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates and the Company and any such Affiliate shall have the right to terminate the Employment of the Participant at any such time, with or without Causecause, notwithstanding the fact that some or all of the PSUs RSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the PSUs RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 12 contracts

Samples: Special Retention Rsu Agreement (Time Warner Inc.), Special Retention Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.)

Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates Affiliates, and the Company and any such Affiliate shall have the right to terminate the Employment employment of the Participant at any such time, with or without Causecause, notwithstanding the fact that some or all of the PSUs RSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the PSUs RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 8 contracts

Samples: Special Restricted Stock Units Agreement, Special Restricted Stock Units Agreement (Time Warner Cable Inc.), Special Restricted Stock Units Agreement (Time Warner Cable Inc.)

Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant the Grantee any right to continue in the employ of the Company or any of its Affiliates continued Employment and the Company and any such Affiliate of its Affiliates shall have the right to terminate the Employment of the Participant Grantee at any such time, with or without Cause, notwithstanding the fact that some or all of the PSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the PSUs under this Agreement shall not confer on the Participant Grantee any right to any future Awards under the Plan.

Appears in 4 contracts

Samples: Performance Stock Units Agreement (Time Inc.), Performance Stock Units Agreement (Time Inc.), Performance Stock Units Agreement (Time Inc.)

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Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates and the Company and any such Affiliate shall have the right to terminate the Employment of the Participant at any such time, with or without Causecause, notwithstanding the fact that some or all of the PSUs RSUs and related Retained Dividend Equivalents and Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the PSUs RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 4 contracts

Samples: Special Retention Rsu Agreement (Time Warner Inc.), Special Retention Restricted Stock Units Agreement (Time Warner Inc.), Restricted Stock Units Agreement (Time Warner Inc.)

Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates Affiliates, and the Company and any such Affiliate shall have the right to terminate the Employment of the Participant at any such time, with or without Causecause, notwithstanding the fact that some or all of the PSUs RSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the PSUs RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Units Agreement (Time Warner Cable Inc.), Restricted Stock Units Agreement (Time Warner Cable Inc.)

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