Common use of Labor Law Policy and Acknowledgment Clause in Contracts

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock Units, the Participant expressly recognizes that the Corporation, with registered offices at Expedia Group, Inc., 000 000xx Xxxxxx XX, Xxxxxxxx XX, 00000, U.S.A., is solely responsible for the administration of the Plan, and that the Participant's participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in Mexico ("Expedia Mexico") is his or her sole employer. Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's employment. The Participant further understands that his or her participation in the 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 the Participant's participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Expedia Group, Inc.)

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Labor Law Policy and Acknowledgment. By accepting the Restricted Stock UnitsOption, the Participant expressly recognizes that the Corporation, with registered offices at Expedia Group, Inc., 000 000xx Xxxxxx XX, Xxxxxxxx XX, 00000, U.S.A., is solely responsible for the administration of the Plan, and that the Participant's participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in his or her sole employer is Expedia Mexico, S de X. X. de C.V. or Orbitz Mexico Services S. de X.X. de C.V., as applicable ("Expedia Mexico") is his or her sole employer). Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's employment. The Participant further understands that his or her participation in the 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 the Participant's participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Stock Option Agreement (Expedia Group, Inc.)

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock UnitsAward, the Participant expressly recognizes that the Alliance Data Systems Corporation, with registered offices at Expedia Group0000 Xxxxxx Xxxxxxx, Inc.Xxxxx 000, 000 000xx Xxxxxx XXXxxxx, Xxxxxxxx XX, 00000, U.S.A.XXX, is solely responsible for the administration of the Plan, Plan and that the Participant's ’s participation in the Plan and acquisition of Shares shares of Stock do not constitute an employment relationship between the Participant and the Corporation Company since the Participant is participating in the Plan on a wholly commercial basis and the Participant’s sole Employer in Mexico is Brand Loyalty Worldwide GmbH ("Expedia “Brand Loyalty Mexico") is his or her sole employer”). Based on the foregoing, the Participant expressly recognizes that the Plan and the benefits that he or she the Participant may derive from participating his or her participation in the Plan do not establish any rights between the Participant and the employer, Expedia Brand Loyalty Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, Brand Loyalty Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the CorporationCompany, and its Affiliates, Subsidiaries, branches, representative representation offices, its shareholders, directors, officers, employees, agents, agents or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Alliance Data Systems Corp)

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock Units, the Participant expressly recognizes that the Corporation, with registered offices at Expedia GroupExpedia, Inc., 000 000xx Xxxxxx XX, Xxxxxxxx XX, 00000, U.S.A., is solely responsible for the administration of the Plan, and that the Participant's ’s participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in Mexico ("Expedia Mexico") is his or her sole employeremployer is a Subsidiary or Affiliate in Mexico (“Expedia Mexico”). Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Expedia, Inc.)

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock UnitsAward, the Participant expressly recognizes that the CorporationBread Financial Holdings, Inc, with registered offices at Expedia Group0000 Xxxxxxx Xxxxxx, Inc.Xxxxxxxx, 000 000xx Xxxxxx XX, Xxxxxxxx XX, XX 00000, U.S.A.XXX, is solely responsible for the administration of the Plan, Plan and that the Participant's ’s participation in the Plan and acquisition of Shares shares of Stock do not constitute an employment relationship between the Participant and the Corporation Company since the Participant is participating in the Plan on a wholly commercial basis and the Participant’s sole Employer in Mexico ("Expedia “Bread Financial Mexico") is his or her sole employeran entity other than the Company. Based on the foregoing, the Participant expressly recognizes that the Plan and the benefits that he or she the Participant may derive from participating his or her participation in the Plan do not establish any rights between the Participant and the employer, Expedia Bread Financial Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, Bread Financial Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the CorporationCompany, and its Affiliates, Subsidiaries, branches, representative representation offices, its shareholders, directors, officers, employees, agents, agents or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Bread Financial Holdings, Inc.)

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock UnitsOption, the Participant expressly recognizes that the Corporation, with registered offices at Expedia Group, Inc., 000 000xx Xxxxxx XX, Xxxxxxxx XX, 00000, U.S.A., is solely responsible for the administration of the Plan, and that the Participant's participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in Mexico ("Expedia Mexico") is his or her sole employer. Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's employment. The Participant further understands that his or her participation in the 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 the Participant's participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Stock Option Agreement (Expedia Group, Inc.)

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock Units, the Participant expressly recognizes that the Corporation, with registered offices at Expedia Group, Inc.Inc. 0000 Xxxxxxx Xxxxx Xxx X, 000 000xx Xxxxxx XXXxxxxxx, Xxxxxxxx XX, XX 00000, U.S.A.U.S.A, is solely responsible for the administration of the Plan, and that the Participant's ’s participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in Mexico ("Expedia Mexico") is his or her sole employer. Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Expedia Group, Inc.)

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Labor Law Policy and Acknowledgment. By accepting the Restricted Stock UnitsPSUs, the Participant expressly recognizes that the Corporation, with registered offices at Expedia Group, Inc., 000 000xx Xxxxxx XX0000 Xxxxxxx Xxxxx Xxx X, Xxxxxxxx XXXxxxxxx, XX 00000, U.S.A.U.S.A, is solely responsible for the administration of the Plan, and that the Participant's ’s participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in Mexico ("Expedia Mexico") is his or her sole employer. Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholdersstockholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Performance Stock Unit Agreement (Expedia Group, Inc.)

Labor Law Policy and Acknowledgment. By In accepting the Restricted Stock UnitsAward, the Participant expressly recognizes that the CorporationAvaya Holdings Corp., with registered offices at Expedia Group000 Xx. Xxxxxx Xxxxxx, Inc.Morristown, 000 000xx Xxxxxx XX, Xxxxxxxx XX, NJ 00000, U.S.A.Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan, Plan and that the Participant's ’s participation in the Plan and acquisition of Shares do does not constitute an employment relationship between the Participant and the Corporation Company since the Participant is participating in the Plan on a wholly commercial basis and the Participant’s sole Employer is a Subsidiary in Mexico ("Expedia “Avaya-Mexico") is his or her sole employer”). Based on the foregoing, the Participant expressly recognizes that the Plan and the benefits that he or she the Participant may derive from participating his or her participation in the Plan do not establish any rights between the Participant and the employer, Expedia Avaya-Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, Avaya-Mexico and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, Company and its Affiliates, Subsidiaries, branches, representative representation offices, shareholders, directors, officers, employees, agents, agents or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Performance Restricted Stock Unit Award Agreement (Avaya Holdings Corp.)

Labor Law Policy and Acknowledgment. By accepting the Restricted Stock UnitsOption, the Participant expressly recognizes that the Corporation, with registered offices at Expedia GroupExpedia, Inc., 000 000xx Xxxxxx XX, Xxxxxxxx XX, 00000, U.S.A., is solely responsible for the administration of the Plan, and that the Participant's ’s participation in the Plan and acquisition of Shares do not constitute an employment relationship between the Participant and the Corporation since the Participant is participating in the Plan on a wholly commercial basis and the Employer in Mexico ("Expedia Mexico") is his or her sole employeremployer is a Subsidiary or Affiliate in Mexico (“Expedia Mexico”). Based on the foregoing, 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 the Participant and the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Expedia Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the Participant's ’s employment. The Participant further understands that his or her participation in the 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 the Participant's ’s participation at any time without any liability to the Participant. Finally, the Participant hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Corporation for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant therefore grants a full and broad release to the Corporation, and its Affiliates, Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 1 contract

Samples: Stock Option Agreement (Expedia, Inc.)

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