Common use of Commercial Relationship Clause in Contracts

Commercial Relationship. To the extent you are not directly employed by the Company, you expressly recognize that your participation in the Plan and the Company’s grant of the Cash-Based Award does not create an employment relationship between you and the Company. You have been granted the Cash-Based Award as a consequence of the commercial relationship between the Company and your Employer, and your Employer is your sole employer. Based on the foregoing, (a) you expressly recognize the Plan and the benefits you may derive from participation in the Plan do not establish any rights between you and your Employer, (b) the Plan and the benefits you may derive from participation in the Plan are not part of the employment conditions and/or benefits provided by your Employer, 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 your employment with your Employer.

Appears in 3 contracts

Samples: Steelcase Inc, Steelcase Inc, Steelcase Inc

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Commercial Relationship. To the extent you are not directly employed by the Company, you expressly recognize that your participation in the Plan and the Company’s 's grant of the Cash-Based Award Performance Units does not create an employment relationship between you and the Company. You have been granted the Cash-Based Award Performance Units as a consequence of the commercial relationship between the Company and your Employer, and your Employer is your sole employer. Based on the foregoing, (a) you expressly recognize the Plan and the benefits you may derive from participation in the Plan do not establish any rights between you and your Employer, (b) the Plan and the benefits you may derive from participation in the Plan are not part of the employment conditions and/or benefits provided by your Employer, 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 your employment with your Employer.

Appears in 3 contracts

Samples: Steelcase Inc, Steelcase Inc, Steelcase Inc

Commercial Relationship. To the extent you are not directly employed by the Company, you expressly recognize that your participation in the Plan and the Company’s grant of the Cash-Based Award Performance Units does not create an employment relationship between you and the Company. You have been granted the Cash-Based Award Performance Units as a consequence of the commercial relationship between the Company and your Employer, and your Employer is your sole employer. Based on the foregoing, (a) you expressly recognize the Plan and the benefits you may derive from participation in the Plan do not establish any rights between you and your Employer, (b) the Plan and the benefits you may derive from participation in the Plan are not part of the employment conditions and/or benefits provided by your Employer, 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 your employment with your Employer.

Appears in 3 contracts

Samples: Performance Unit Agreement (Steelcase Inc), Performance Unit Agreement (Steelcase Inc), Steelcase Inc

Commercial Relationship. To the extent you are not directly employed by the Company, you expressly recognize that your participation in the Plan and the Company’s 's grant of the Cash-Based Award Restricted Stock Units does not create an employment relationship between you and the Company. You have been granted the Cash-Based Award Restricted Stock Units as a consequence of the commercial relationship between the Company and your Employer, and your Employer is your sole employer. Based on the foregoing, (a) you expressly recognize the Plan and the benefits you may derive from participation in the Plan do not establish any rights between you and your Employer, (b) the Plan and the benefits you may derive from participation in the Plan are not part of the employment conditions and/or benefits provided by your Employer, 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 your employment with your Employer.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Steelcase Inc), Steelcase Inc

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Commercial Relationship. To the extent you are not directly employed by the Company, you expressly recognize that your participation in the Plan and the Company’s grant of the Cash-Based Award Restricted Stock Units does not create an employment relationship between you and the Company. You have been granted the Cash-Based Award Restricted Stock Units as a consequence of the commercial relationship between the Company and your Employer, and your Employer is your sole employer. Based on the foregoing, (a) you expressly recognize the Plan and the benefits you may derive from participation in the Plan do not establish any rights between you and your Employer, (b) the Plan and the benefits you may derive from participation in the Plan are not part of the employment conditions and/or benefits provided by your Employer, 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 your employment with your Employer.

Appears in 1 contract

Samples: Steelcase Inc

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