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, any of its Affiliates or any Time Warner Affiliate, 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 RSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 3 contracts

Samples: Restricted Stock Units Agreement, Restricted Stock Units Agreement (Time Warner Cable Inc.), Restricted Stock Units Agreement (Time Warner Cable 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 (or as a non-employee member of the Company, Board) of the Company or any of its Affiliates or any Time Warner AffiliateAffiliates, 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 RSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (Time Warner Cable Inc.), 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 any right to continue in the employ of the Company, Company or any of its Affiliates or any Time Warner AffiliateAffiliates, 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 causenotice, for any lawful reason or no reason, notwithstanding the fact that some or all of the RSUs and related Retained Distributions Options covered by this Agreement may be forfeited as a result of such terminationtermination of employment. The granting of the RSUs Option 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 Non Qualified Stock Option Agreement (Time Warner Cable Inc.), Non Qualified Stock Option Agreement (Time Warner Cable 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, Company or any of its Affiliates or any Time Warner Affiliate, 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 RSUs Performance Shares and related Dividend Equivalents and Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the RSUs Performance Shares under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 1 contract

Samples: Performance Share Agreement (AOL 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, Time Inc. or any of its Affiliates or any and Time Warner Affiliate, and the Company Inc. and any such Affiliate of its Affiliates 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 RSUs and related Retained Distributions covered by this Agreement may be forfeited as a result of such termination. The granting of the RSUs under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (Time Inc.)

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