Common use of No Acquired Rights Clause in Contracts

No Acquired Rights. You acknowledge, agree and consent that: (a) the Plan is discretionary and Rockwell Automation may amend, cancel or terminate the Plan at any time; (b) the grant of the Restricted Shares subject to this Agreement is a one-time benefit offered to you and does not create any contractual or other right for you to receive any grant of Stock as Restricted Stock or benefits under the Plan in the future; (c) future grants, if any, shall be at the sole discretion of Rockwell Automation, including, but not limited to, the timing of any grant, the number of shares and forfeiture provisions; and (d) your participation in the Plan is voluntary.

Appears in 9 contracts

Samples: Restricted Stock Agreement (Rockwell Automation, Inc), Restricted Stock Agreement (Rockwell Automation Inc), Term Incentives Plan (Rockwell Automation Inc)

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No Acquired Rights. You acknowledge, agree and consent that: (a) subject to Section 409A, the Plan is discretionary and Rockwell Automation may amend, cancel or terminate the Plan at any time; (b) the grant of the Restricted Performance Shares subject to this Agreement is a one-time benefit offered to you and does not create any contractual or other right for you to receive any grant of Stock as Restricted Stock performance shares or benefits under the Plan in the future; (c) future grants, if any, shall be at the sole discretion of Rockwell Automation, including, but not limited to, the timing of any grant, the number of shares and forfeiture provisions; and (d) your participation in the Plan is voluntary.

Appears in 3 contracts

Samples: Performance Share Agreement (Rockwell Automation Inc), Term Incentives Plan (Rockwell Automation Inc), Incentives Plan (Rockwell Automation Inc)

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No Acquired Rights. You acknowledge, agree and consent that: (a) the Plan is discretionary and Rockwell Automation may amend, cancel or terminate the Plan at any time; (b) the grant of the Restricted Performance Shares subject to this Agreement is a one-time benefit offered to you and does not create any contractual or other right for you to receive any grant of Stock as Restricted Stock performance shares or benefits under the Plan in the future; (c) future grants, if any, shall be at the sole discretion of Rockwell Automation, including, but not limited to, the timing of any grant, the number of shares and forfeiture provisions; and (d) your participation in the Plan is voluntary.

Appears in 2 contracts

Samples: Term Incentives Plan (Rockwell Automation Inc), Performance Share Agreement (Rockwell Automation Inc)

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