Common use of Labor Law Policy and Acknowledgment Clause in Contracts

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUs, you expressly recognize that the Corporation, with its principal operating offices at 0000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 U.S.A., is solely responsible for the administration of the 2006 Plan and that your participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do not constitute an employment relationship between you and the Corporation since you are participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer). Based on the foregoing, you expressly recognize that the 2006 Plan and the benefits that you may derive from participating in the 2006 Plan do not establish any rights between you and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; therefore, the Corporation reserves the absolute right to amend and/or discontinue your participation in the 2006 Plan at any time without any liability to you. Finally, you hereby declare that you do not reserve any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you therefore grant a full and broad release to the Corporation, and its Subsidiaries, affiliates, branches, representation offices, shareholders, trustees, directors, officers, employees, agents, or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Intel Corp)

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Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting Plan, the RSUsParticipant expressly recognizes that Analog Devices, you expressly recognize that the CorporationInc., with its principal operating registered offices at 0000 Xxxxxxx Xxxxxxx XxxxxxxxxXxx Xxxxxxxxxx Xxx, Xxxxx XxxxxXxxxxxx, Xxxxxxxxxx Xxxxxxxxxxxxx, 00000 U.S.A., is solely responsible for the administration of the 2006 Plan and that your the APPENDIX A - 8 VERSION 02/17 APPENDIX A TO ANALOG DEVICES, INC. AMENDED AND RESTATED 2010 EQUITY INCENTIVE PLAN GLOBAL RESTRICTED STOCK UNIT AGREEMENT Participant’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do Shares does not constitute an employment relationship between you the Participant and the Corporation Company since you are the Participant is participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer)basis. Based on the foregoing, you the Participant expressly recognize recognizes that the 2006 Plan and the benefits that you the Participant may derive from participating participation in the 2006 Plan do not establish any rights between you the Participant and the Employer Company and do not form part of the employment conditions and/or benefits provided by the Employer Company and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your the Participant's employment. You The Participant further understand understands that your the Participant’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the CorporationCompany; therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your the Participant’s participation in the 2006 Plan at any time without any liability to youthe Participant. Finally, you the Participant hereby declare declares that you do Participant does not reserve any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you the Participant therefore grant grants a full and broad release to the CorporationCompany, and its Subsidiaries, affiliates, branches, representation offices, its shareholders, trusteesOfficers, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise. Reconocimiento del Contrato. Al participar en el Plan, usted reconoce que ha recibido una copia del Plan, que ha revisado el Plan en su totalidad, y que entiende y acepta en su totalidad, todas y cada una de las disposiciones del Plan. Asimismo reconoce que ha leído y aprueba expresamente los términos y condiciones señalados en el párrafo titulado Naturaleza de la Oferta en el Convenio, en lo que claramente se describe y establece lo siguiente: (i) su participación en el Plan no constituye un derecho adquirido; (ii) el Plan y su participación en el Plan son ofrecidos por la Compañía sobre una base completamente discrecional; (iii) su participación en el Plan es voluntaria; y (iv) la Compañía y sus afiliadas no son responsables de ninguna por la disminución en el valor de las Acciones subyacentes.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Analog Devices Inc)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUsPlan, you Grantee expressly recognize recognizes that the CorporationAcuity Brands Inc., with its principal operating registered offices at 0000 Xxxxxxx Xxxxxxx Xxxxxxxxx1170 Xxxxxxxxx Xxxxxx, XX Xxxxx Xxxxx0000, Xxxxxxxxxx 00000 U.S.A.Xxxxxxx, is XX 00000, X.X., xx solely responsible for the administration of the 2006 Plan and that your Grantee’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do Shares does not constitute a relationship as an employment relationship between you and Employee with the Corporation Company since you are Grantee is participating in the 2006 Plan on a wholly commercial basis and your the sole employer Employer is a Mexican legal entity that employs you and to which you are subordinated Subsidiary or Affiliate of the Company (i.e., the Employer“Acuity-Mexico”). Based on the foregoing, you Grantee expressly recognize recognizes that the 2006 Plan and the benefits that you may derive be derived from participating participation in the 2006 Plan do not establish any rights between you Grantee and the Employer Employer, Acuity-Mexico, and do not form part of the employment conditions and/or benefits provided by the Employer Acuity-Mexico and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employmentGrantee’s relationship as an Employee. You Grantee further understand understands that your Xxxxxxx’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; thereforeCompany. Therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your Grantee’s participation in the 2006 Plan at any time without any liability to youGrantee. Finally, you Xxxxxxx hereby declare declares that you do Xxxxxxx does not reserve to himself or herself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you Grantee therefore grant grants a full and broad release to the CorporationCompany, the Employer, its Subsidiaries and its Subsidiaries, affiliatesAffiliates, branches, representation offices, shareholders, trustees, directorsits stockholders, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise. Política xx Xxx Laboral y Reconocimiento. Participando en el Plan, el Participante reconoce expresamente que Acuity Brands Inc., con oficinas registradas en 1170 Xxxxxxxxx Xxxxxx, XX Xxxxx 0000, Xxxxxxx, XX 00000, X.X., xx el único responsable de la administración del Plan y que la participación del Participante en el mismo y la compra de acciones bursátiles no constituye de ninguna manera una relación laboral entre Usted y la Compañía dado que su participación en el Plan deriva únicamente de una relación comercial y que su único empleador es una Subsidiaria o Afiliada del la Compañía (“Acuity-Mexico”). Derivado de lo anterior, el Participante expresamente reconoce que el Plan y los beneficios que pudieran derivar del mismo no establecen ningún derecho entre el Participante y el empleador, Acuity-Mexico, y no xxxxxx parte de las condiciones laborales y/o prestaciones otorgadas por Acuity-Mexico, y cualquier modificación al Plan o la terminación del mismo no podrá ser interpretada como una modificación o degradación de los términos y condiciones de su trabajo. Asimismo, el Participante entiende que su participación en el Plan es resultado de la decisión unilateral y discrecional de la Compañía. Por lo tanto, la Compañía se reserva el derecho absoluto para modificar y/o terminar la participación del Participante en cualquier momento, sin ninguna responsabilidad ante el Participante. Finalmente, el Participante manifiesta que no se reserva ninguna acción o derecho que origine una demanda en contra de la Compañía por cualquier compensación o daño en relación con cualquier disposición del Plan o de los beneficios derivados del mismo, y en consecuencia el Participante otorga un amplio y total finiquito a la Compañía, el Empleador, sus Subsidiarias y Afiliadas, sucursales, oficinas de representación, sus accionistas, directores, agentes y representantes legales con respecto a cualquier demanda que pudiera surgir.

Appears in 1 contract

Samples: Solicitation and Non (Acuity Brands Inc)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting Plan, the RSUs, you Optionee expressly recognize recognizes that the CorporationCompany, with its principal operating executive offices at 0000 000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 Xxxxxxxxxxxxxx, Xxxxxxxxx 00000, U.S.A., is solely responsible for the administration of the 2006 Plan and that your the Optionee’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan Shares do not constitute an employment relationship between you the Optionee and the Corporation Company since you are the Optionee is participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer)basis. Based on the foregoing, you the Optionee expressly recognize recognizes that the 2006 Plan and the benefits that you the Optionee may derive from participating participation in the 2006 Plan do not establish any rights between you the Optionee and the Employer Subsidiary employing the Optionee (the “Employer”), and do not form part of the employment conditions and/or benefits provided by the Employer Employer, and that any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employmentthe Optionee’s employment with the Employer. You The Optionee further understand understands that your the Optionee’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; thereforeCompany. Therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your the Optionee’s participation in the 2006 Plan at any time without any liability to youthe Optionee. Finally, you the Optionee hereby declare declares that you do the Optionee does not reserve to the Optionee any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you the Optionee therefore grant grants a full ​ ​ and broad release to the CorporationCompany, and its Subsidiaries, affiliates, branches, representation offices, its shareholders, trustees, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Stock Option Award Agreement (Dollar General Corp)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting Plan, the RSUs, you Grantee expressly recognize recognizes that the CorporationCompany, with its principal operating executive offices at 0000 000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 Xxxxxxxxxxxxxx, Xxxxxxxxx 00000, U.S.A., is solely responsible for the administration of the 2006 Plan and that your the Grantee’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan Shares do not constitute an employment relationship between you the Grantee and the Corporation Company, since you are the Grantee is participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer)basis. Based on the foregoing, you the Grantee expressly recognize recognizes that the 2006 Plan and the benefits that you the Grantee may derive from participating participation in the 2006 Plan do not establish any rights between you the Grantee and the Employer Subsidiary employing the Optionee (the “Employer”) and do not form part of the employment conditions and/or benefits provided by the Employer Employer, and that any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employmentthe Grantee’s employment with the Employer. You The Grantee further understand understands that your the Grantee’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; thereforeCompany. Therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your the Grantee’s participation in the 2006 Plan at any time without any liability to youthe Grantee. Finally, you the Grantee hereby declare declares that you do the Grantee does not reserve to the Grantee any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you the Grantee therefore grant grants a full and broad release to the CorporationCompany, and its Subsidiaries, affiliates, branches, representation offices, its shareholders, trustees, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Dollar General Corp)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 16 of the Agreement and Section 1 of Part A of this Appendix: :By accepting the RSUs, you expressly recognize that the Corporation, with its principal operating offices at 0000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 U.S.A., is solely responsible for the administration of the 2006 Plan and that your participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do not constitute an employment relationship between you and the Corporation since you are participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer). Based on the foregoing, you expressly recognize that the 2006 Plan and the benefits that you may derive from participating in the 2006 Plan do not establish any rights between you and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; therefore, the Corporation reserves the absolute right to amend and/or discontinue your participation in the 2006 Plan at any time without any liability to you. Finally, you hereby declare that you do not reserve any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you therefore grant a full and broad release to the Corporation, and its Subsidiaries, affiliates, branches, representation offices, shareholders, trustees, directors, officers, employees, agents, or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Intel Corp)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUsPlan, you Grantee expressly recognize recognizes that the CorporationAcuity Brands Inc., with its principal operating registered offices at 0000 Xxxxxxx Xxxxxxx XxxxxxxxxXxxxxxxxx Xxxxxx, XX Xxxxx Xxxxx0000, Xxxxxxxxxx 00000 U.S.A.Xxxxxxx, XX 00000, X.X., is solely responsible for the administration of the 2006 Plan and that your Grantee’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do Shares does not constitute a relationship as an employment relationship between you and Employee with the Corporation Company since you are Grantee is participating in the 2006 Plan on a wholly commercial basis and your the sole employer Employer is a Mexican legal entity that employs you and to which you are subordinated Subsidiary or Affiliate of the Company (i.e., the Employer“Acuity-Mexico”). Based on the foregoing, you Grantee expressly recognize recognizes that the 2006 Plan and the benefits that you he may derive from participating participation in the 2006 Plan do not establish any rights between you Grantee and the Employer Employer, Acuity-Mexico, and do not form part of the employment conditions and/or benefits provided by the Employer Acuity-Mexico and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employmentGrantee’s relationship as an Employee. You Grantee further understand understands that your Xxxxxxx’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; thereforeCompany. Therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your Grantee’s participation in the 2006 Plan at any time without any liability to youGrantee. Finally, you Xxxxxxx hereby declare declares that you do Xxxxxxx does not reserve to himself or herself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you Grantee therefore grant grants a full and broad release to the CorporationCompany, the Employer, its Subsidiaries and its Subsidiaries, affiliatesAffiliates, branches, representation offices, its shareholders, trustees, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise. Política xx Xxx Laboral y Reconocimiento. Participando en el Plan, el Participante reconoce expresamente que Acuity Brands Inc., con oficinas registradas en 000 Xxxxxxxxx Xxxxxx, XX Xxxxx 0000, Xxxxxxx, XX 00000, X.X., es el único responsable de la administración del Plan y que la participación del Participante en el mismo y la compra de acciones bursátiles no constituye de ninguna manera una relación laboral entre Usted y la Compañía dado que su participación en el Plan deriva únicamente de una relación comercial y que su único empleador es una Subsidiaria o Afiliada del la Compañía (“Acuity-Mexico”). Derivado de lo anterior, el Participante expresamente reconoce que el Plan y los beneficios que pudieran derivar del mismo no establecen ningún derecho entre el Participante y el empleador, Acuity-Mexico, y no xxxxxx parte de las condiciones laborales y/o prestaciones otorgadas por Acuity-Mexico, y cualquier modificación al Plan o la terminación del mismo no podrá ser interpretada como una modificación o degradación de los términos y condiciones de su trabajo. Asimismo, el Participante entiende que su participación en el Plan es resultado de la decisión unilateral y discrecional de la Compañía. Por lo tanto, la Compañía se reserva el derecho absoluto para modificar y/o terminar la participación del Participante en cualquier momento, sin ninguna responsabilidad ante el Participante. Finalmente, el Participante manifiesta que no se reserva ninguna acción o derecho que origine una demanda en contra de la Compañía por cualquier compensación o daño en relación con cualquier disposición del Plan o de los beneficios derivados del mismo, y en consecuencia el Participante otorga un amplio y total finiquito a la Compañía, el Empleador, sus Subsidiarias y Afiliadas, sucursales, oficinas de representación, sus accionistas, directores, agentes y representantes legales con respecto a cualquier demanda que pudiera surgir.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Acuity Brands Inc)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUsStock Purchase Plan, you I expressly recognize that the CorporationXxxxxxx Navigation Limited, with its principal operating registered offices at 0000 000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 Sunnyvale, California 94085, U.S.A., is solely responsible for the administration of the 2006 Stock Purchase Plan and that your my participation in the 2006 Stock Purchase Plan and acquisition purchase of shares of Common Stock under the 2006 Plan do does not constitute an employment relationship between you me and the Corporation Company since you are I am participating in the 2006 Stock Purchase Plan on a wholly commercial basis and your my sole employer is a Mexican legal entity that employs you and to which you are subordinated Xxx xx XXXX S. de X.X. de C.V. (i.e., the Employer“Trimble-Mexico”). Based on the foregoing, you I expressly recognize that the 2006 Stock Purchase Plan and the benefits that you I may derive from participating participation in the 2006 Stock Purchase Plan do not establish any rights between you me and the Employer employer, Trimble-Mexico, and do not form part of the employment conditions and/or benefits provided by the Employer Trimble-Mexico and any modification of the 2006 Stock Purchase Plan or its termination shall not constitute a change or impairment of the terms and conditions of your my employment. You I further understand that your my participation in the 2006 Stock Purchase Plan is as a result of a unilateral and discretionary decision of the CorporationCompany; therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your my participation in the 2006 Plan at any time without any liability to youme. Finally, you I hereby declare that you I do not reserve to myself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Stock Purchase Plan or the benefits derived under the 2006 Stock Purchase Plan, and you I therefore grant a full and broad release to the CorporationCompany, and its Subsidiaries, affiliates, branches, representation offices, its shareholders, trustees, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Employee Stock Purchase Plan (Trimble Navigation LTD /Ca/)

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Labor Law Policy and Acknowledgment. This provision supplements Section 17 15 of the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUs, you expressly recognize that the Corporation, with its principal operating offices at 0000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 U.S.A., is solely responsible for the administration of the 2006 Plan and that your participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do not constitute an employment relationship between you and the Corporation since you are participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer). Based on the foregoing, you expressly recognize that the 2006 Plan and the benefits that you may derive from participating in the 2006 Plan do not establish any rights between you and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; therefore, the Corporation reserves the absolute right to amend and/or discontinue your participation in the 2006 Plan at any time without any liability to you. Finally, you hereby declare that you do not reserve any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you therefore grant a full and broad release to the Corporation, and its Subsidiaries, affiliates, branches, representation offices, shareholders, trustees, directors, officers, employees, agents, or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Intel Corp)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting Plan, the RSUsParticipant expressly recognizes that Analog Devices, you expressly recognize that the CorporationInc., with its principal operating registered offices at 0000 Xxxxxxx Xxxxxxx XxxxxxxxxXxx Xxxxxxxxxx Xxx, Xxxxx XxxxxXxxxxxx, Xxxxxxxxxx Xxxxxxxxxxxxx, 00000 U.S.A., is solely responsible for the administration of the 2006 Plan and that your the Participant’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do Shares does not constitute an employment relationship between you the Participant and the Corporation Company since you are the Participant is participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer)basis. Based on the foregoing, you the Participant expressly recognize recognizes that the 2006 Plan and the benefits that you the Participant may derive from participating participation in the 2006 Plan do not establish any rights between you the Participant and APPENDIX B - 8 VERSION 11/18 APPENDIX B TO AMENDED AND RESTATED 2006 STOCK INCENTIVE PLAN PERFORMANCE RESTRICTED STOCK UNIT AGREEMENT the Employer Company and do not form part of the employment conditions and/or benefits provided by the Employer Company and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your the Participant's employment. You The Participant further understand understands that your the Participant’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the CorporationCompany; therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your the Participant's participation in the 2006 Plan at any time without any liability to youthe Participant. Finally, you the Participant hereby declare declares that you do Participant does not reserve any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you the Participant therefore grant grants a full and broad release to the CorporationCompany, and its Subsidiaries, affiliatessubsidiaries, branches, representation offices, its shareholders, trustees, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Analog Devices Inc)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 14 of the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUs, you expressly recognize that the Corporation, with its principal operating offices at 0000 Xxxxxxx Xxxxxxx Xxxxxxxxx, Xxxxx Xxxxx, Xxxxxxxxxx 00000 U.S.A., is solely responsible for the administration of the 2006 Plan and that your participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do not constitute an employment -19- relationship between you and the Corporation since you are participating in the 2006 Plan on a wholly commercial basis and your sole employer is a Mexican legal entity that employs you and to which you are subordinated (i.e., the Employer). Based on the foregoing, you expressly recognize that the 2006 Plan and the benefits that you may derive from participating in the 2006 Plan do not establish any rights between you and the Employer and do not form part of the employment conditions and/or benefits provided by the Employer and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employment. You further understand that your participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; therefore, the Corporation reserves the absolute right to amend and/or discontinue your participation in the 2006 Plan at any time without any liability to you. Finally, you hereby declare that you do not reserve any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you therefore grant a full and broad release to the Corporation, and its Subsidiaries, affiliates, branches, representation offices, shareholders, trustees, directors, officers, employees, agents, or legal representatives with respect to any such claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Intel Corp)

Labor Law Policy and Acknowledgment. This provision supplements Section 17 of By participating in the Agreement and Section 1 of Part A of this Appendix: By accepting the RSUsPlan, you Grantee expressly recognize recognizes that the CorporationAcuity Brands Inc., with its principal operating registered offices at 0000 Xxxxxxx Xxxxxxx XxxxxxxxxXxxxxxxxx Xxxxxx, XX Xxxxx Xxxxx0000, Xxxxxxxxxx 00000 U.S.A.Xxxxxxx, XX 00000, X.X., is solely responsible for the administration of the 2006 Plan and that your Xxxxxxx’s participation in the 2006 Plan and acquisition of shares of Common Stock under the 2006 Plan do Shares does not constitute a relationship as an employment relationship between you and Employee with the Corporation Company since you are Grantee is participating in the 2006 Plan on a wholly commercial basis and your the sole employer Employer is a Mexican legal entity that employs you and to which you are subordinated Subsidiary or Affiliate of the Company (i.e., the Employer“Acuity-Mexico”). Based on the foregoing, you Grantee expressly recognize recognizes that the 2006 Plan and the benefits that you he may derive from participating participation in the 2006 Plan do not establish any rights between you Grantee and the Employer Employer, Acuity-Mexico, and do not form part of the employment conditions and/or benefits provided by the Employer Acuity-Mexico and any modification of the 2006 Plan or its termination shall not constitute a change or impairment of the terms and conditions of your employmentGrantee’s relationship as an Employee. You Grantee further understand understands that your Xxxxxxx’s participation in the 2006 Plan is as a result of a unilateral and discretionary decision of the Corporation; thereforeCompany. Therefore, the Corporation Company reserves the absolute right to amend and/or discontinue your Grantee’s participation in the 2006 Plan at any time without any liability to youGrantee. Finally, you Xxxxxxx hereby declare declares that you do Xxxxxxx does not reserve to himself or herself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the 2006 Plan or the benefits derived under the 2006 Plan, and you Grantee therefore grant grants a full and broad release to the CorporationCompany, the Employer, its Subsidiaries and its Subsidiaries, affiliatesAffiliates, branches, representation offices, its shareholders, trustees, directors, officers, employees, agents, agents or legal representatives with respect to any such claim that may arise. Política xx Xxx Laboral y Reconocimiento. Participando en el Plan, el Participante reconoce expresamente que Acuity Brands Inc., con oficinas registradas en 000 Xxxxxxxxx Xxxxxx, XX Xxxxx 0000, Xxxxxxx, XX 00000, X.X., es el único responsable de la administración del Plan y que la participación del Participante en el mismo y la compra de acciones bursátiles no constituye de ninguna manera una relación laboral entre Usted y la Compañía dado que su participación en el Plan deriva únicamente de una relación comercial y que su único empleador es una Subsidiaria o Afiliada del la Compañía (“Acuity-Mexico”). Derivado de lo anterior, el Participante expresamente reconoce que el Plan y los beneficios que pudieran derivar del mismo no establecen ningún derecho entre el Participante y el empleador, Acuity-Mexico, y no xxxxxx parte de las condiciones laborales y/o prestaciones otorgadas por Acuity-Mexico, y cualquier modificación al Plan o la terminación del mismo no podrá ser interpretada como una modificación o degradación de los términos y condiciones de su trabajo. Asimismo, el Participante entiende que su participación en el Plan es resultado de la decisión unilateral y discrecional de la Compañía. Por lo tanto, la Compañía se reserva el derecho absoluto para modificar y/o terminar la participación del Participante en cualquier momento, sin ninguna responsabilidad ante el Participante. Finalmente, el Participante manifiesta que no se reserva ninguna acción o derecho que origine una demanda en contra de la Compañía por cualquier compensación o daño en relación con cualquier disposición del Plan o de los beneficios derivados del mismo, y en consecuencia el Participante otorga un amplio y total finiquito a la Compañía, el Empleador, sus Subsidiarias y Afiliadas, sucursales, oficinas de representación, sus accionistas, directores, agentes y representantes legales con respecto a cualquier demanda que pudiera surgir.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Acuity Brands Inc)

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