Common use of EMPLOYMENT NOT GUARANTEED Clause in Contracts

EMPLOYMENT NOT GUARANTEED. Nothing contained in this Plan or any modification or amendment to the Plan, or the payment of any benefit, shall give any Participant the right to continued employment, or any legal or equitable right against the Employer, an Employee of the Employer, the Plan Administrator, the Trustee, or their agents or employees, except as expressly provided by the Plan, the Trust, ERISA or the P.R. Code or by a separate agreement.

Appears in 2 contracts

Samples: Honeywell Puerto Rico Savings and Ownership Plan (Honeywell International Inc), Honeywell Puerto Rico Savings and Ownership Plan (Honeywell International Inc)

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EMPLOYMENT NOT GUARANTEED. Nothing contained in this the Plan or in any other plan which is a part of the Plan, or any modification or amendment to this Plan, or in the Plancreation of any account, or the payment of any benefit, shall give gives any Participant the Participant, former Participant, Covered Persons, or his/her beneficiaries any right to continued continue employment, or any legal or equitable right against the EmployerPlan Sponsor, an Employee of the Employerits agents, or against the Plan Administrator, the Trustee, or their agents or employees, except as expressly provided by the this Plan, the Trust, ERISA or the P.R. Code or by a separate agreement.

Appears in 2 contracts

Samples: Adoption Agreement, Adoption Agreement

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EMPLOYMENT NOT GUARANTEED. Nothing contained in this Plan Plan, or any modification or amendment to the Plan, or in the creation of any Account, or the payment of any benefit, shall give gives any Employee, Participant the or Beneficiary any right to continued continue employment, or any legal or equitable right against the Employer, an Employee of the Employer, the Plan Administrator, the Trustee, any other Employee of the Employer, or their any agents or employees, thereof except as expressly provided by the Plan, the Trust, ERISA or the P.R. Code or by a separate agreement.

Appears in 2 contracts

Samples: City And, Adoption Agreement

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