Common use of Right of Discharge Preserved Clause in Contracts

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Grantee the right to continue in the employ or other service of the Company, or affect any right which the Company may have to terminate such employment or service; provided, however, that nothing herein shall affect the Grantee’s right to severance, payments or other benefits, if any, the Grantee may be entitled to under any other agreement with the Company.

Appears in 2 contracts

Samples: Performance Based Restricted Stock Unit Agreement (VICI Properties L.P.), Performance Based Restricted Stock Unit Agreement (Vici Properties Inc.)

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Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Grantee the right to continue in the employ or other service of the Company, or affect any right which the Company may have to terminate such employment or service; provided, however, that nothing herein shall affect the Grantee’s right to severance, payments or other benefits, if any, the Grantee may be entitled to under any other agreement with the Company.

Appears in 2 contracts

Samples: Restricted Stock Grant Agreement (VICI Properties L.P.), Restricted Stock Grant Agreement (Vici Properties Inc.)

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