Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 40 contracts
Samples: Restricted Stock Unit Award Agreement (Sportsmans Warehouse Holdings Inc), Employment Agreement (MSC Software Corp), Stock Unit Award Agreement (Alaska Air Group Inc)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying programThe Plan, in and of itself, has any no assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation (or applicable Subsidiary) with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock (subject to adjustments) as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 24 contracts
Samples: Restricted Stock Unit Agreement (International Rectifier Corp /De/), Restricted Stock Unit Agreement (International Rectifier Corp /De/), Restricted Stock Unit Award Agreement (International Rectifier Corp /De/)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to the Stock Units, as and when payable hereunder. The Award has been granted to the Participant in addition to, and not in lieu of, any other form of compensation otherwise payable or to be paid to the Participant.
Appears in 17 contracts
Samples: Retentive Restricted Stock Unit Agreement (Healthpeak Properties, Inc.), Neo Retentive Ltip Rsu Agreement (Hcp, Inc.), Employment Agreement (Quality Care Properties, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock Shares as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 8 contracts
Samples: Restricted Stock Unit Award Agreement (American States Water Co), Restricted Stock Unit Award Agreement (Golden State Water CO), Restricted Stock Unit Award Agreement (Golden State Water CO)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying programThe Plan, in and of itself, has any no assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock (subject to adjustments) as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 6 contracts
Samples: Number of Stock (International Rectifier Corp /De/), Restricted Stock Unit Award Agreement (Corinthian Colleges Inc), Restricted Stock Unit Award Agreement (Corinthian Colleges Inc)
Limitation on Participant’s Rights. Participation in the this Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation Company (or applicable Subsidiary) with respect to amounts credited and benefits payablepayable in cash, if any, with respect to the on Stock UnitsUnit Account(s), and rights no greater than the right to receive the Common Stock (or equivalent value) as a general unsecured creditor with respect to Stock Units, as and when payable hereunderthereunder.
Appears in 6 contracts
Samples: Stock Unit Award Agreement (Macerich Co), Stock Unit Award Agreement (Macerich Co), Stock Unit Award Agreement (Macerich Co)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Award Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 3 contracts
Samples: Performance Stock Unit Award Agreement (Francesca's Holdings CORP), Restricted Stock Unit Award Agreement (Francesca's Holdings CORP), Restricted Stock Unit Award Agreement (SolarWinds, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation Company with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 3 contracts
Samples: Stock Unit Award Agreement (Exar Corp), Plan Restricted Stock Unit Award Agreement (Apple Inc), Performance Stock Unit Award Agreement (Exar Corp)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 2 contracts
Samples: Restricted Stock Unit Award Agreement (Sportsman's Warehouse Holdings, Inc.), Restricted Stock Unit Award Agreement (Sportsman's Warehouse Holdings, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Restricted Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Restricted Stock Units, as and when payable hereunder.
Appears in 2 contracts
Samples: Restricted Stock Unit Agreement (Quiksilver Inc), Restricted Stock Unit Agreement (Quiksilver Inc)
Limitation on Participant’s Rights. Participation in the this Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation (or applicable Subsidiary) with respect to amounts credited and benefits payablepayable in cash, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock (or equivalent value) as a general unsecured creditor with respect to Stock Units, as and when payable hereunderthereunder.
Appears in 2 contracts
Samples: Performance Stock Unit Award Agreement (Mentor Corp /Mn/), Term Incentive Plan Performance Stock Unit Award Agreement (Mentor Corp /Mn/)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the shares of Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 2 contracts
Samples: 2014 Performance Incentive Plan (Dicerna Pharmaceuticals Inc), 2016 Inducement Plan (Dicerna Pharmaceuticals Inc)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation Company as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation Company with respect to amounts credited and benefits payable, if any, with respect to the Restricted Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Restricted Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: Indie Semiconductor, Inc.
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Restricted Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to the Restricted Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: Incentive Plan Restricted Stock Unit Award Agreement (Pacific Sunwear of California Inc)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein providedprovided or provided in the Plan. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has is required to have any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: 2004 Performance Award Plan Restricted Stock Unit Award Agreement (Univision Communications Inc)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.. OMM_US:74986124.4 09-02-2020
Appears in 1 contract
Samples: Stock Unit Award Agreement (Alaska Air Group, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the OMM_US:74986150.3 11052020 PSU Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: Performance Stock Unit Award Agreement (Alaska Air Group, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and Form of Restricted Stock Unit Award Agreement (VP and Above) rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Sportsman's Warehouse Holdings, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to the Stock Units, as and when payable hereunder. The Award has been granted to you in addition to, and not in lieu of, any other form of compensation otherwise payable or to be paid to you.
Appears in 1 contract
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein provided. This Stock Unit Award Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant Grantee shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: Employment Agreement (Qlogic Corp)
Limitation on Participant’s Rights. Participation in the this Plan confers no rights or interests other than as herein provided. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying program, in and of itself, has any assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation (or applicable Subsidiary Corporation) with respect to amounts credited and benefits payablepayable in cash, if any, with respect to the Stock Performance Units, and rights no greater than the right to receive the Common Stock (or equivalent value) as a general unsecured creditor with respect to Stock Performance Units, as and when payable hereunderthereunder. 19.
Appears in 1 contract
Samples: Equity Incentive Plan Performance Stock Unit Award Agreement (Molina Healthcare, Inc.)
Limitation on Participant’s Rights. Participation in the Plan confers no rights or interests other than as herein providedprovided in this Agreement. This Agreement creates only a contractual obligation on the part of the Corporation as to amounts payable and shall not be construed as creating a trust. Neither the Plan nor any underlying programThe Plan, in and of itself, has any no assets. The Participant shall have only the rights of a general unsecured creditor of the Corporation with respect to amounts credited and benefits payable, if any, with respect to the Stock Units, and rights no greater than the right to receive the Common Stock (subject to adjustments) or cash as a general unsecured creditor with respect to Stock Units, as and when payable hereunder.
Appears in 1 contract
Samples: Restricted Stock Unit Award Agreement (Uap Holding Corp)