Common use of Nature of the Award Clause in Contracts

Nature of the Award. Nothing herein shall be construed as giving Participant any right to be retained in the employ of an Employing Company or affect any right that the Employing Company may have to terminate the employment of such Participant. Further, by accepting this Performance Share Award, the Participant acknowledges that:

Appears in 8 contracts

Samples: Confidentiality and Proprietary Rights Agreement (United States Steel Corp), Share Award Grant Agreement (United States Steel Corp), Confidentiality and Proprietary Rights Agreement (United States Steel Corp)

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Nature of the Award. Nothing herein shall be construed as giving Participant any right to be retained in the employ of an Employing Company or affect any right that the Employing Company may have to terminate the employment of such Participant. Further, by accepting this Performance Share Cash Award, the Participant acknowledges that:

Appears in 2 contracts

Samples: Confidentiality and Proprietary Rights Agreement (United States Steel Corp), Non Competition Agreement (United States Steel Corp)

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