Common use of Labor Law Policy and Acknowledgment Clause in Contracts

Labor Law Policy and Acknowledgment. By accepting the RSUs, Employee expressly recognizes that Newmont, with registered offices at 0000 X. Xxxxxx Ave., Suite 700, Denver, Colorado 80237, U.S.A., is solely responsible for the administration of the Plan and that Employee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between Employee and Newmont since Employee is participating in the Plan on a wholly commercial basis and his or her sole employer is Newmont’s Subsidiary in Mexico (“Newmont Mexico”). Based on the foregoing, Employee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between Employee and the employer, Newmont Mexico, and do not form part of the employment conditions and/or benefits provided by Newmont Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Employee’s employment. Employee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Newmont; therefore, Newmont reserves the absolute right to amend and/or discontinue Employee’s participation at any time without any liability to Employee. Finally, Employee hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against Newmont for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Employee therefore grants a full and broad release to Newmont, and its subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Spanish Translation

Appears in 4 contracts

Samples: Compensation Plan Restricted Stock Unit Agreement (NEWMONT Corp /DE/), Compensation Plan Restricted Stock Unit Agreement (NEWMONT Corp /DE/), Compensation Plan Restricted Stock Unit Agreement (NEWMONT Corp /DE/)

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Labor Law Policy and Acknowledgment. By accepting the RSUsPSUs, Employee the Participant expressly recognizes that Newmontthe Company, with registered offices at 0000 X. Xxxxxx Ave.Two American Lane, Suite 700Greenwich, Denver, Colorado 80237Connecticut 06831, U.S.A., is solely responsible for the administration of the Plan and that Employeethe Participant’s participation in the Plan and acquisition of shares of Common Stock Shares do not constitute an employment relationship between Employee the Participant and Newmont the Company since Employee the Participant is participating in the Plan on a wholly commercial basis and his or her sole employer is Newmont’s Subsidiary an Affiliate of the Company in Mexico (“Newmont GXO Mexico”). Based on the foregoing, Employee the Participant expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between Employee the Participant and the employer, Newmont GXO Mexico, and do not form part of the employment conditions and/or benefits provided by Newmont GXO Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Employeethe Participant’s employment. Employee The Participant further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Newmontthe Company; therefore, Newmont the Company reserves the absolute right to amend and/or discontinue Employeethe Participant’s participation at any time without any liability to Employeethe Participant. Finally, Employee the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against Newmont the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Employee the Participant therefore grants a full and broad release to Newmontthe Company, and its subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Spanish TranslationPolítica Laboral y Reconocimiento Al aceptar las PSUs, el Participante expresamente reconoce que la Compañía, con sus oficinas registradas y ubicadas en Two American Lane, Greenwich, Connecticut 06831, U.S.A.., es la única responsable por la administración del Plan y que la participación del Participante en el Plan y en su caso la adquisición de Acciones no constituyen una relación de trabajo entre el Participante y la Compañía, ya que el Participante participa en el Plan en un marco totalmente comercial y su único patrón es una Afiliada de la Compañía (“GXO Mexico”). Derivado de lo anterior, el Participante expresamente reconoce que el Plan y los beneficios que pudieran derivar de la participación en el Plan no establecen derecho alguno entre el Participante y el patrón, GXO Mexico, y no forma parte de las condiciones de trabajo y/o las prestaciones otorgadas por GXO Mexico, y que cualquier modificación al Plan o su terminación no constituye un cambio o desmejora de los términos y condiciones de la relación de trabajo del Participante. Asimismo, el Participante reconoce que su participación en el Plan se ha resultado de una decisión unilateral y discrecional de la Compañía; por lo tanto, la Compañía se reserva el derecho absoluto de modificar y/o terminar la participación del Participante en cualquier momento y sin responsabilidad alguna frente el Participante. Finalmente, el Participante por este medio declara que no se reserva ninguna derecho o acción en contra de la Compañía por cualquier compensación x xxxxx y perjuicios en relación de las disposiciones del Plan o de los beneficios derivados del Plan, y por lo tanto, el Participante otorga el más amplio finiquito que en derecho proceda a la Compañía, y sus filiales, oficinas de representación, accionistas, directores, autoridades, empleados, agentes, o representantes legales en relación con cualquier demanda que pudiera surgir.

Appears in 2 contracts

Samples: Performance Share Unit Award Agreement Under The (GXO Logistics, Inc.), Performance Share Unit Award Agreement Under The (GXO Logistics, Inc.)

Labor Law Policy and Acknowledgment. By accepting the RSUs, Employee expressly recognizes that Newmont, with registered offices at 0000 X. Xxxxxx Ave.Xxxxx Xxxxxxx’s Green Circle, Suite 700800, DenverGreenwood Village, Colorado 8023780111, U.S.A., is solely responsible for the administration of the Plan and that Employee’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between Employee and Newmont since Employee is participating in the Plan on a wholly commercial basis and his or her sole employer is Newmont’s Subsidiary in Mexico (“Newmont Mexico”). Based on the foregoing, Employee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between Employee and the employer, Newmont Mexico, and do not form part of the employment conditions and/or benefits provided by Newmont Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of Employee’s employment. Employee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Newmont; therefore, Newmont reserves the absolute right to amend and/or discontinue Employee’s participation at any time without any liability to Employee. Finally, Employee hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against Newmont for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Employee therefore grants a full and broad release to Newmont, and its subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Spanish Translation

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (NEWMONT Corp /DE/), Restricted Stock Unit Agreement (NEWMONT Corp /DE/)

Labor Law Policy and Acknowledgment. By In accepting the RSUsStock Award, Employee Awardee expressly recognizes that NewmontKeysight Technologies, Inc., with registered offices at 0000 X. Xxxxxx Ave.Xxxxxxxxxxxxx Xxxxxxx Xxxxx Xxxx, Suite 700, Denver, Colorado 80237, U.S.A.XX 00000, is solely responsible for the administration of the Plan and that EmployeeAwardee’s participation in the Plan and acquisition of shares of Common Stock Shares do not constitute an employment relationship between Employee Awardee and Newmont the Company since Employee Awardee is participating in the Plan on a wholly commercial basis and his or her sole employer is Newmont’s Subsidiary in Mexico Keysight Technologies México, S. de X.X. de C.V. (“Newmont Keysight Mexico”), located at Xxxxxx xx XXXXX 0000, Xxxxxxxx 0X, Xxxxxxx Xxxxx xx xx Xxxxx, Xxxxxxx, Xxxxxxx 00000, Xxxxxx. Based on the foregoing, Employee Awardee expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between Employee Awardee and the employer, Newmont Keysight Mexico, and do not form part of the employment conditions and/or benefits provided by Newmont Keysight Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of EmployeeAwardee’s employment. Employee Awardee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of Newmontthe Company; therefore, Newmont the Company reserves the absolute right to amend and/or discontinue EmployeeAwardee’s participation at any time without any liability to EmployeeAwardee. Finally, Employee Awardee hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against Newmont the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Employee Awardee therefore grants a full and broad release to Newmontthe Company, its Subsidiaries and Affiliates, and its subsidiaries, branches, representative representation offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Spanish Translation.

Appears in 2 contracts

Samples: Global Stock Award Agreement (Keysight Technologies, Inc.), Global Stock Award Agreement (Keysight Technologies, Inc.)

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Labor Law Policy and Acknowledgment. By In accepting the RSUsgrant of the Option, Employee Participant expressly recognizes that NewmontVisa Inc., with registered offices at 0000 X. Xxxxxx Ave.in Foster City, Suite 700, Denver, Colorado 80237California, U.S.A., is solely responsible for the administration of the Plan and that EmployeeParticipant’s participation in the Plan and acquisition of shares of Common Stock Shares do not constitute an employment relationship between Employee Participant and Newmont Visa Inc., since Employee Participant is participating in the Plan on a wholly commercial basis and his or her sole employer is Newmont’s Subsidiary in Visa International de Mexico (“Newmont S. A. de C. V. located at Xxxxx Xxxxxx Xxx 0-000, Xxx Xxx Xxxxxxx Xxxxxxx, Mexico City, Mexico”). Based on the foregoing, Employee Participant expressly recognizes that the Plan and the benefits that he or she may derive from participating in the Plan do not establish any rights between Employee Participant and the Participant’s employer, Newmont Mexico, and do not form part of the employment conditions and/or benefits provided by Newmont MexicoVisa (including any affiliates), and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of EmployeeParticipant’s employment. Employee Participant further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of NewmontVisa Inc.; therefore, Newmont Visa Inc. reserves the absolute right to amend and/or discontinue EmployeeParticipant’s participation at any time without any liability to EmployeeVisa. Finally, Employee Participant hereby declares that he or she does not reserve to him- himself or herself any action or right to bring any claim against Newmont Visa Inc. or any of its affiliates for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Employee Participant therefore grants a full and broad release to Newmont, and Visa Inc. its subsidiariesaffiliates, branches, representative representation offices, its shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Spanish Translation.

Appears in 1 contract

Samples: Equity Incentive Compensation Plan Performance Share Award Agreement (Visa Inc.)

Labor Law Policy and Acknowledgment. By accepting the RSUsDSUs, Employee Director expressly recognizes that Newmont, with registered offices at 0000 X. Xxxxxx Ave.Avenue, Suite 700, Denver, Colorado 80237, 80237 U.S.A., is solely responsible for the administration of the Plan and Plan. Director further acknowledges that Employee’s his or her participation in the Plan Plan, the grant of the award and any acquisition of shares of Common Stock under the Plan do not constitute an employment a service relationship nor a labor relationship between Employee Director and Newmont since Employee because Director is participating in the Plan on a wholly commercial basis and his or her sole employer is Newmont’s Subsidiary in Mexico (“Newmont Mexico”)basis. Based on the foregoing, Employee Director expressly recognizes acknowledges that the Plan and the benefits that he or she may derive from participating participation in the Plan do not establish any rights between Employee Director and the employer, Newmont MexicoNewmont, and do not form part of the employment service conditions and/or benefits provided by Newmont MexicoNewmont, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of EmployeeDirector’s employmentservice agreement, if any. Employee Director further understands that his or her participation in the Plan is as a the result of a unilateral and discretionary decision of Newmont; Newmont and, therefore, Newmont reserves the absolute right to amend and/or discontinue EmployeeDirector’s participation in the Plan at any time time, without prior notice and without any liability to EmployeeNewmont. Finally, Employee Director hereby declares that he or she does not reserve to him- him or herself any action or right to bring any claim against Newmont for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and Employee that he or she therefore grants a full and broad release to NewmontNewmont and any Parent or Subsidiary, and its subsidiariesAffiliates, branches, representative representation offices, shareholders, directors, officers, employees, agents, or agents and legal representatives with respect to any claim that may arise. Spanish Translation

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (NEWMONT Corp /DE/)

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