Waiver against Trust Account. The Participant acknowledges that the Participant has no right, title, interest or claim of any kind in or to any monies held in the Trust Account or any other asset of the Company as a result of any liquidation of the Company with respect to the RSUs. The Participant hereby further acknowledges that the Participant shall have no right of set-off or any other right, title, interest or claim of any kind (“Claim”) in, or to any distribution of, the Trust Account and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever. The Participant hereby waives any and all Claims against the Trust Account and any and all rights to seek access to the Trust Account.
Appears in 12 contracts
Samples: Director Restricted Stock Unit Award Agreement (Ambipar Emergency Response), Director Restricted Stock Unit Award Agreement (Social Capital Suvretta Holdings Corp. II), Director Restricted Stock Unit Award Agreement (Social Capital Suvretta Holdings Corp. IV)
Waiver against Trust Account. The Participant acknowledges that the Participant he or she has no right, title, interest or claim of any kind in or to any monies held in the Trust Account or any other asset of the Company as a result of any liquidation of the Company with respect to the RSUs. The Participant hereby further acknowledges that the Participant he or she shall have no right of set-off or any other right, title, interest or claim of any kind (“Claim”) in, or to any distribution of, the Trust Account and hereby agrees not to seek recourse, reimbursement, payment or satisfaction for any Claim against the Trust Account for any reason whatsoever. The Participant hereby waives any and all Claims against the Trust Account and any and all rights to seek access to the Trust Account.
Appears in 2 contracts
Samples: Director Restricted Stock Unit Award Agreement (Social Capital Hedosophia Holdings Corp.), Director Restricted Stock Unit Award Agreement (Social Capital Hedosophia Holdings Corp.)
