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 the Grantee any right to continued Employment and the Company and any of its Affiliates shall have the right to terminate the Employment of the Grantee 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 Grantee any right to any future Awards under the Plan.

Appears in 5 contracts

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

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