Common use of Commercial Relationship Clause in Contracts

Commercial Relationship. The Participant expressly recognizes acknowledges that the Participant’s participation in the Plan and the Company’s grant of Restricted Stock Units do not constitute an employment relationship between the Participant and the Company. The Participant has been granted the Restricted Stock Units as a consequence of the commercial relationship between the Company and his or her Employer ECLA S.A. de C.V. or Lauder Cosmeticos S.A. de C.V. (“Xxxxx Xxxxxx Mexico”), and Xxxxx Xxxxxx Mexico is the Participant’s sole Employer. Based on the foregoing, (a) the Participant expressly recognizes that the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan do not establish any rights between the Participant and Xxxxx Xxxxxx Mexico, (b) the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by Xxxxx Xxxxxx Mexico, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with Xxxxx Xxxxxx Mexico.

Commercial Relationship. The Participant expressly recognizes and acknowledges that the Participant’s participation in the Plan and the Company’s grant of Restricted Stock Units do not constitute an employment relationship between the Participant and the Company. The Participant has been granted the Restricted Stock Units as a consequence of the commercial relationship between the Company and his or her Employer ECLA S.A. de C.V. or Lauder Cosmeticos S.A. de C.V. (“Xxxxx Xxxxxx Mexico”), and Xxxxx Xxxxxx Mexico is the Participant’s sole Employer. Based on the foregoing, (a) the Participant expressly recognizes that the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan do not establish any rights between the Participant and Xxxxx Xxxxxx Mexico, (b) the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by Xxxxx Xxxxxx Mexico, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with Xxxxx Xxxxxx Mexico.

Commercial Relationship. The Participant expressly recognizes acknowledges that the Participant’s participation in the Plan and the Company’s grant of Restricted the Performance Stock Units do does not constitute an employment relationship between the Participant and the Company. The Participant has been granted the Restricted Performance Stock Units as a consequence of the commercial relationship between the Company and his or her Employer ECLA S.A. de C.V. or Lauder Cosmeticos S.A. de C.V. the Company’s Subsidiary in Mexico that employs the Participant (“Xxxxx Xxxxxx Visteon-Mexico”), ) and Xxxxx Xxxxxx Visteon-Mexico is the Participant’s sole Employeremployer. Based on the foregoing, (a) the Participant expressly recognizes that the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan do does not establish any rights between the Participant and Xxxxx Xxxxxx Visteon-Mexico, (b) the Plan and the benefits the Participant may derive from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by Xxxxx Xxxxxx Visteon-Mexico, and (c) any modifications or amendments of the Plan by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with Xxxxx Xxxxxx Visteon-Mexico.

Commercial Relationship. The Participant expressly recognizes and acknowledges that the Participant’s participation in the Plan and the Company’s grant of Restricted the Stock Units do Option does not constitute an employment relationship between the Participant and the Company. The Participant has been granted the Restricted Stock Units Option as a consequence of the commercial relationship between the Company and his or her Employer ECLA S.A. de C.V. or Lauder Cosmeticos S.A. de C.V. (“Xxxxx Xxxxxx Mexico”), and Xxxxx Xxxxxx Mexico is the Participant’s sole Employeremployer. Based on the foregoing, : (a) the Participant expressly recognizes acknowledges that the Plan and the benefits the Participant may derive derived from the Participant’s participation in the Plan do not establish any rights between the Participant and Xxxxx Xxxxxx Mexico, ; (b) the Plan and the benefits the Participant may derive derived from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by Xxxxx Xxxxxx Mexico, ; and (c) any modifications or amendments of the Plan or benefits granted thereunder by the Company, or a termination of the Plan by the Company, shall not constitute a change or impairment of the terms and conditions of the Participant’s employment with Xxxxx Xxxxxx Mexico.

Commercial Relationship. The Participant Employee expressly recognizes acknowledges that the ParticipantEmployee’s participation in the Plan and the Company’s grant Xxxxxxxxx’x xxxxx of a Restricted Stock Units do does not constitute an employment relationship between the Participant Employee and the CompanyXxxxxxxxx. The Participant Employee has been granted the Restricted Stock Units as a consequence of the commercial relationship between Xxxxxxxxx and Xxxxxxxxx’x Affiliate in Mexico that employs the Company and his or her Employer ECLA S.A. de C.V. or Lauder Cosmeticos S.A. de C.V. Employee (“Xxxxx Xxxxxx MexicoXxxxxxxxx‑Mexico”), and Xxxxx Xxxxxx Mexico Xxxxxxxxx‑Mexico is the ParticipantEmployee’s sole Employeremployer. Based on the foregoing, (a) the Participant Employee expressly recognizes that the Plan and the benefits the Participant Employee may derive from the Participant’s participation in the Plan do does not establish any rights between the Participant Employee and Xxxxx Xxxxxx MexicoXxxxxxxxx‑Mexico, (b) the Plan and the benefits the Participant Employee may derive from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by Xxxxx Xxxxxx MexicoXxxxxxxxx‑Mexico, and (c) any modifications or amendments of the Plan by the CompanyXxxxxxxxx, or a termination of the Plan by the CompanyXxxxxxxxx, shall not constitute a change or impairment of the terms and conditions of the ParticipantEmployee’s employment with Xxxxx Xxxxxx MexicoXxxxxxxxx‑Mexico.

Commercial Relationship. The Participant Employee expressly recognizes acknowledges that the ParticipantEmployee’s participation in the Plan and the Company’s grant Xxxxxxxxx’x xxxxx of a Restricted Stock Units do does not constitute an employment relationship between the Participant Employee and the CompanyXxxxxxxxx. The Participant Employee has been granted the Restricted Stock Units as a consequence of the commercial relationship between Xxxxxxxxx and Xxxxxxxxx’x Affiliate in Mexico that employs the Company and his or her Employer ECLA S.A. de C.V. or Lauder Cosmeticos S.A. de C.V. Employee (“Xxxxx Xxxxxx Xxxxxxxxx-Mexico”), and Xxxxx Xxxxxx Xxxxxxxxx-Mexico is the ParticipantEmployee’s sole Employeremployer. Based on the foregoing, (a) the Participant Employee expressly recognizes that the Plan and the benefits the Participant Employee may derive from the Participant’s participation in the Plan do does not establish any rights between the Participant Employee and Xxxxx Xxxxxx Xxxxxxxxx-Mexico, (b) the Plan and the benefits the Participant Employee may derive from the Participant’s participation in the Plan are not part of the employment conditions and/or benefits provided by Xxxxx Xxxxxx Xxxxxxxxx-Mexico, and (c) any modifications or amendments of the Plan by the CompanyXxxxxxxxx, or a termination of the Plan by the CompanyXxxxxxxxx, shall not constitute a change or impairment of the terms and conditions of the ParticipantEmployee’s employment with Xxxxx Xxxxxx Xxxxxxxxx-Mexico.