Common use of RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT Clause in Contracts

RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT. The Participant shall have no rights as a stockholder with respect to any shares covered by the PSUs until the date of the issuance of the shares for which the PSUs have been settled (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date the shares are issued, except as provided in Section 11. If the Participant is an Employee, the Participant understands and acknowledges that, except as otherwise provided in a separate, written employment agreement between a Participating Company and the Participant, the Participant’s employment is “at will” and is for no specified term. Nothing in this PSU Agreement shall confer upon the Participant any right to continue in the Service of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Participant’s Service as an Employee or Consultant, as the case may be, at any time.

Appears in 4 contracts

Samples: Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

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RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT. The Participant shall have no rights as a stockholder with respect to any shares covered by the PSUs RSUs until the date of the issuance of the shares for which the PSUs RSUs have been settled (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date the shares are issued, except as provided in Section 1112. If the Participant is an Employee, the Participant understands and acknowledges that, except as otherwise provided in a separate, written employment agreement between a Participating Company and the Participant, the Participant’s employment is “at will” and is for no specified term. Nothing in this PSU RSU Agreement shall confer upon the Participant any right to continue in the Service of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Participant’s Service as an Employee or Consultant, as the case may be, at any time.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD), Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT. The Participant shall have no rights as a stockholder with respect to any shares covered by the PSUs Option until the date of the issuance of the shares for which the PSUs have Option has been settled exercised (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date the such shares are issued, except as provided in Section 119. If the Participant is an Employee, the Participant understands and acknowledges that, except as otherwise provided in a separate, written employment agreement between a Participating Company and the Participant, the Participant’s employment is “at will” and is for no specified term. Nothing in this PSU Option Agreement shall confer upon the Participant any right to continue in the Service of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Participant’s Service as an Employee or Consultant, as the case may be, at any time.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Adobe Systems Inc), Nonstatutory Stock Option Agreement (Adobe Systems Inc), Nonstatutory Stock Option Agreement (Adobe Systems Inc)

RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT. The Participant shall have no rights as a stockholder with respect to any shares covered by the PSUs Option until the date of the issuance of the shares for which the PSUs have Option has been settled exercised (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date the such shares are issued, except as provided in Section 119 [10]. If the Participant is an Employee, the Participant understands and acknowledges that, except as otherwise provided in a separate, written employment agreement between a Participating Company and the Participant, the Participant’s employment is “at will” and is for no specified term. Nothing in this PSU Option Agreement shall confer upon the Participant any right to continue in the Service of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Participant’s Service as an Employee or Consultant, as the case may be, at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Adobe Systems Inc)

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RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT. The Participant shall have no rights as a stockholder with respect to any shares covered by the PSUs until the date of the issuance of the shares for which the PSUs have been settled (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date the shares are issued, except as provided in Section 1113. If the Participant is an Employee, the Participant understands and acknowledges that, except as otherwise provided in a separate, written employment agreement between a Participating Company and the Participant, the Participant’s employment is “at will” and is for no specified term. Nothing in this PSU Agreement shall confer upon the Participant any right to continue in the Service of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Participant’s Service as an Employee or Consultant, as the case may be, at any time.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

RIGHTS AS A STOCKHOLDER, EMPLOYEE OR CONSULTANT. The Participant shall have no rights as a stockholder with respect to any shares covered by the PSUs RSUs until the date of the issuance of the shares for which the PSUs RSUs have been settled (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company). No adjustment shall be made for dividends, distributions or other rights for which the record date is prior to the date the shares are issued, except as provided in Section 1113. If the Participant is an Employee, the Participant understands and acknowledges that, except as otherwise provided in a separate, written employment agreement between a Participating Company and the Participant, the Participant’s employment is “at will” and is for no specified term. Nothing in this PSU RSU Agreement shall confer upon the Participant any right to continue in the Service of a Participating Company or interfere in any way with any right of the Participating Company Group to terminate the Participant’s Service as an Employee or Consultant, as the case may be, at any time.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (ONESPAWORLD HOLDINGS LTD)

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