Common use of Labor Law Policy and Acknowledgment Clause in Contracts

Labor Law Policy and Acknowledgment. By accepting the RSUs, the Participant expressly recognizes that the Company, with registered offices at 0000 Xxxxx Xxxxx, Xxxxxxxxx, Xxxxx 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 of Common Stock do not constitute an employment relationship between the Participant and the Company because the Participant is participating in the Plan on a wholly commercial basis and his or her sole employer is Sabre Sociedad Tecnologica S.A. de C.V. (“Sabre Mexico”), located at Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxx #40 Piso10, Colonia Lomas de Chapultepec, Districto Federal, C.P., 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 Sabre Mexico, and do not form part of the employment conditions and/or benefits provided by Sabre 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 Company; therefore, the Company 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 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 Company, and its Subsidiaries, branches, representative offices, shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.

Appears in 2 contracts

Samples: Grant Agreement (Sabre Corp), Grant Agreement (Sabre Corp)

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Labor Law Policy and Acknowledgment. By In accepting the RSUsStock Award, the Participant Awardee expressly recognizes that the CompanyKeysight Technologies, Inc., with registered offices at 0000 Xxxxxxxxxxxxx Xxxxxxx Xxxxx XxxxxXxxx, Xxxxxxxxx, Xxxxx XX 00000, U.S.A., is solely responsible for the administration of the Plan and that the Participant’s Awardee's participation in the Plan and acquisition of shares of Common Stock Shares do not constitute an employment relationship between the Participant Awardee and the Company because the Participant since Awardee is participating in the Plan on a wholly commercial basis and his or her sole employer is Sabre Sociedad Tecnologica S.A. Keysight Technologies México, S. de X.X. de C.V. (“Sabre "Keysight Mexico"), located at Xxxxxxxxx Xxxxxx xx XXXXX 0000, Xxxxxxxx 0X, Xxxxxxx Xxxxx xx xx Xxxxx, Xxxxxxx, Xxxxxxx #40 Piso1000000, Colonia Lomas de Chapultepec, Districto Federal, C.P., MexicoXxxxxx. Based on the foregoing, the Participant 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 Awardee and the Participant and Sabre employer, Keysight Mexico, and do not form part of the employment conditions and/or benefits provided by Sabre Keysight 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 EmploymentAwardee's employment. The Participant Awardee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue the Participant’s Awardee's participation at any time without any liability to the ParticipantAwardee. Finally, the Participant Awardee hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant Awardee therefore grants a full and broad release to the 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.. Reconocimiento del Premio. Al aceptar el premio, el Participante reconoce que ha recibido una copia del Plan y el Acuerdo, mismo que ha revisado. El Participante reconoce, además, que acepta todas las disposiciones del Plan y del Acuerdo,. El Participante también reconoce que ha leído y que concretamente aprueba de forma expresa los términos y condiciones establecidos en la Sección 9: "Reconocimiento de la Naturaleza del Premio" del Acuerdo, que claramente dispone lo siguiente:

Appears in 1 contract

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

Labor Law Policy and Acknowledgment. By accepting the RSUsRestricted Stock Units, the Participant expressly recognizes that the CompanyCorporation, with registered offices at 0000 Xxxxx XxxxxExpedia Group, XxxxxxxxxInc. 1111 Expedia Group Way W, Xxxxx 00000Seattle, U.S.A.WA 98119, U.S.A, is solely responsible for the administration of the Plan Plan, and that the Participant’s 's participation in the Plan and acquisition of shares of Common Stock Shares do not constitute an employment relationship between the Participant and the Company because 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 is Sabre Sociedad Tecnologica S.A. de C.V. (“Sabre Mexico”), located at Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxx #40 Piso10, Colonia Lomas de Chapultepec, Districto Federal, C.P., Mexicoemployer. 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 Sabre the employer, Expedia Mexico, and do not form part of the employment conditions and/or benefits provided by Sabre 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'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 CompanyCorporation; therefore, the Company 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 Company 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 CompanyCorporation, 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.)

Labor Law Policy and Acknowledgment. By In accepting the RSUsOption, the Participant Awardee expressly recognizes that the CompanyKeysight Technologies, Inc., with registered offices at 0000 Xxxxx Xxxxx, XxxxxxxxxXxxxxxxxxxxxx Xxxxxxx, Xxxxx Xxxx, XX 00000, U.S.A., is solely responsible for the administration of the Plan and that the ParticipantAwardee’s participation in the Plan and acquisition of shares of Common Stock Shares do not constitute an employment relationship between the Participant Awardee and the Company because since the Participant Awardee is participating in the Plan on a wholly commercial basis and his or her sole employer is Sabre Sociedad Tecnologica S.A. Keysight Technologies Mexico, S. de X.X. de C.V. (“Sabre Keysight Mexico”), located at Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxx #40 Piso10Camino al ITESO 8900, Edificio 1B, Colonia Lomas Pinar de Chapultepecla Xxxxx Xxxxxxx, Districto Federal, C.P., MexicoXxxxxxx Xxxxxxx 00000 Xxxxxx. Based on the foregoing, the Participant 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 the Participant Awardee and Sabre the employer, Keysight Mexico, and do not form part of the employment conditions and/or benefits provided by Sabre Keysight Mexico, and any modification of the Plan or its termination shall not constitute a change or impairment of the terms and conditions of the ParticipantAwardee’s Employmentemployment. The Participant Awardee further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of the Company; therefore, the Company reserves the absolute right to amend and/or discontinue the ParticipantAwardee’s participation at any time without any liability to the ParticipantAwardee. Finally, the Participant Awardee hereby declares that he or she does not reserve to him- or herself any action or right to bring any claim against the Company for any compensation or damages regarding any provision of the Plan or the benefits derived under the Plan, and the Participant Awardee therefore grants a full and broad release to the 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 1 contract

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

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Labor Law Policy and Acknowledgment. By In accepting the RSUsgrant of this option, the Participant expressly recognizes that the CompanyXxxxxxxx-Xxxxx Corporation, with registered offices at 0000 Xxxxx 000 Xxxxxx Xxxxx, XxxxxxxxxIrving, Xxxxx 00000Texas 75038, U.S.A.United States of America, is solely responsible for the administration of the Plan and that the Participant’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Participant and the Company because Corporation since the Participant is participating in the Plan on a wholly commercial basis and his or her sole employer Employer is Sabre Sociedad Tecnologica Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. (“Sabre Mexico”), located at Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxx #40 Piso10, Colonia Lomas de Chapultepec, Districto Federal, C.P., 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 Sabre the Employer, Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. and do not form part of the employment conditions and/or benefits provided by Sabre Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V., 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 Employmentemployment. The Participant further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of the CompanyCorporation; therefore, the Company Xxxxxxxx-Xxxxx 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 Company Xxxxxxxx-Xxxxx 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 CompanyCorporation, and its SubsidiariesAffiliates, branches, representative representation offices, its shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise. Política Laboral y Reconocimiento/Aceptación Al aceptar el otorgamiento de la Opción de Compra de Acciones y/o Acciones Diferidas, el Empleado expresamente reconoce que Xxxxxxxx-Xxxxx Corporation con oficinas registradas en 000 Xxxxxx Xxxxx, Irving, Texas 75038, U.S.A., es la única responsable por la administración del Plan y que la participación del Empleado en el Plan y en su caso la adquisición de las Opciones de Compra de Acciones o Acciones no constituyen ni podrán interpretarse como una relación de trabajo entre el Empleado y Xxxxxxxx-Xxxxx Corporation, ya que el Empleado participa en el Plan en un marco totalmente comercial y su único Patrón lo es Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. con domicilio en Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. Mexico. Derivado de lo anterior, el Empleado expresamente reconoce que el Plan y los beneficios que pudieran derivar de la participación en el Plan no establecen derecho alguno entre el Empleado y el Patrón, Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. y no forma parte de las condiciones de trabajo y/o las prestaciones otorgadas por Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. y que cualquier modificación al Plan o su terminación no constituye un cambio o impedimento de los términos y condiciones de la relación de trabajo del Empleado. Asimismo, el Empleado reconoce que su participación en el Plan es resultado de una decisión unilateral y discrecional de Xxxxxxxx-Xxxxx Corporation por lo tanto, Xxxxxxxx-Xxxxx Corporation se reserva el absoluto derecho de modificar y/o terminar la participación del Empleado en cualquier momento y sin responsabilidad alguna frente el Empleado. Finalmente, el Empleado por este medio declara que no se reserva derecho o acción alguna que ejercitar en contra de Xxxxxxxx-Xxxxx Corporation por cualquier compensación o daño en relación con las disposiciones del Plan o de los beneficios derivados del Plan y por lo tanto, el Empleado otorga el más amplio finiquito que en derecho proceda a Xxxxxxxx-Xxxxx Corporation , sus afiliadas, subsidiarias, oficinas de representación, sus accionistas, funcionarios, agentes o representantes legales en relación con cualquier demanda que pudiera surgir.

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

Labor Law Policy and Acknowledgment. By In accepting the RSUsgrant of this Award, the Participant expressly recognizes that the CompanyXxxxxxxx-Xxxxx Corporation, with registered offices at 0000 Xxxxx 000 Xxxxxx Xxxxx, XxxxxxxxxIrving, Xxxxx 00000Texas 75038, U.S.A.United States of America, is solely responsible for the administration of the Plan and that the Participant’s participation in the Plan and acquisition of shares of Common Stock do not constitute an employment relationship between the Participant and the Company because Corporation since the Participant is participating in the Plan on a wholly commercial basis and his or her sole employer Employer is Sabre Sociedad Tecnologica Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. (“Sabre Mexico”), located at Xxxxxxxxx Xxxxxx Xxxxx Xxxxxxx #40 Piso10, Colonia Lomas de Chapultepec, Districto Federal, C.P., 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 Sabre the Employer, Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V. and do not form part of the employment conditions and/or benefits provided by Sabre Xxxxxxxx-Xxxxx de Mexico, S.A. de C.V., 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 Employmentemployment. The Participant further understands that his or her participation in the Plan is as a result of a unilateral and discretionary decision of the CompanyCorporation; therefore, the Company Xxxxxxxx-Xxxxx 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 Company Xxxxxxxx-Xxxxx 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 CompanyCorporation, and its SubsidiariesAffiliates, branches, representative representation offices, its shareholders, directors, officers, employees, agents, or legal representatives with respect to any claim that may arise.. Política Laboral y Reconocimiento/Aceptación

Appears in 1 contract

Samples: Award Agreement (Kimberly Clark Corp)

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