Labor Law Acknowledgment. By accepting the Award, the Participant acknowledges that he or she understands and agrees that: (a) the Award is not related to the salary and other contractual benefits provided to the Participant by the Employer; and (b) any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employment.
Appears in 9 contracts
Samples: Award Agreement (First Solar, Inc.), Incentive Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, Inc.)
Labor Law Acknowledgment. By accepting the Award, the Participant acknowledges that he or she understands and agrees that: (ai) the Award is intended as an incentive to remain employed with the Employer and is not intended as remuneration for labor performed; and (ii) the Award is not related intended to the salary and other contractual benefits provided to the Participant by the Employer; and (b) replace any modification of the Plan pension rights or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employmentcompensation.
Appears in 7 contracts
Samples: Incentive Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.)
Labor Law Acknowledgment. By accepting the Award, the Participant acknowledges that he or she understands and agrees that: (a) the Award is Performance Units are not related to the salary and other contractual benefits provided to the Participant by the Employer; and (b) any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employment.
Appears in 3 contracts
Samples: Performance Unit Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.)
Labor Law Acknowledgment. By accepting the AwardAward grant, the Participant acknowledges that he or she understands and agrees that: (a) the Award is not related to the salary and other contractual benefits provided to the Participant by the Employer; and (b) any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employment.
Appears in 2 contracts
Samples: Share Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.)
Labor Law Acknowledgment. By accepting the AwardAward grant, the Participant acknowledges that he or she understands and agrees that: (a) the Award is Performance Units are not related to the salary and other contractual benefits provided to the Participant by the Employer; and (b) any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant’s employment.
Appears in 1 contract
Samples: Performance Unit Award Agreement (First Solar, Inc.)
