Common use of Future Awards Clause in Contracts

Future Awards. The Plan is discretionary in nature and the Company may modify, cancel or terminate it at any time without prior notice in accordance with the terms of the Plan. While Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one time event, is not an entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an Award or other compensation or benefits in the future.

Appears in 4 contracts

Samples: Award Agreement (Heinz H J Co), Award Agreement (Heinz H J Co), Award Agreement (Heinz H J Co)

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Future Awards. The Plan is discretionary in nature and the Company may modify, cancel or terminate it at any time without prior notice in accordance with the terms of the Plan. While Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one one-time event, is not an entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an Award award or other compensation or benefits in the future.

Appears in 2 contracts

Samples: Award Agreement (Heinz H J Co), Heinz H J Co

Future Awards. The Plan is discretionary in nature and the Company may modify, cancel or terminate it at any time without prior notice in accordance with the terms of the Plan. While Performance Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one one-time event, is not an entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an Award award or other compensation or benefits in the future.

Appears in 2 contracts

Samples: Program Award Agreement (Heinz H J Co), Heinz H J Co

Future Awards. The Plan is discretionary in nature and the Company may modify, cancel or terminate it at any time without prior notice in accordance with the terms of the Plan. While Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one time event, is not an entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an a Award or other compensation or benefits in the future.

Appears in 1 contract

Samples: Program Award Agreement (Heinz H J Co)

Future Awards. The Plan is discretionary in nature and the Company may modify, cancel or terminate it at any time without prior notice in accordance with the terms of the Plan. While Performance Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one one-time event, is not an 3 The provisions set forth in Section 11 are indicative. The specific provisions may differ in various international jurisdictions. entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an Award award or other compensation or benefits in the future.

Appears in 1 contract

Samples: Heinz H J Co

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Future Awards. The Plan is discretionary in nature and the Company may modify, cancel cancel, or terminate it at any time without prior notice in accordance with the terms of the Plan. While Performance Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one one-time event, is not an entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an Award award or other compensation or benefits in the future.

Appears in 1 contract

Samples: Program Award Agreement (Heinz H J Co)

Future Awards. The Plan is discretionary in nature and the Company may modify, cancel or terminate it at any time without prior notice in accordance with the terms of the Plan. While Performance Unit Awards or other awards may be granted under the Plan on one or more occasions or even on a regular schedule, each grant is a one time event, is not an entitlement to an award of cash or stock in the future, and does not create any contractual or other right to receive an a Performance Award or other compensation or benefits in the future.

Appears in 1 contract

Samples: Performance Unit Award Agreement (Heinz H J Co)

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