No Employment Commitment. Grantee acknowledges that neither the grant of performance shares nor the execution of this Agreement by the Company will be interpreted or construed as imposing upon the Company any obligation to retain Grantee’s services for any stated period of time, which employment will continue to be at the pleasure of the Company at such compensation as it determines, unless otherwise provided in a written employment agreement signed by the Company and Grantee.
Appears in 4 contracts
Samples: Agreement for Employees (Xto Energy Inc), Agreement (Xto Energy Inc), Agreement for Employees (Xto Energy Inc)
No Employment Commitment. Grantee acknowledges that neither the grant of performance shares nor the execution of this Agreement by the Company will be interpreted or construed as imposing upon the Company any an obligation to retain Grantee’s 's services for any stated period of time, which employment will shall continue to be at the pleasure of the Company at such compensation as it determinesshall determine, unless otherwise provided in a written employment agreement signed by the Company and Granteeagreement.
Appears in 3 contracts
Samples: Award Agreement (Cross Timbers Oil Co), Award Agreement (Cross Timbers Oil Co), Award Agreement (Cross Timbers Oil Co)
No Employment Commitment. Grantee acknowledges that neither the grant of phantom performance shares nor the execution of this Agreement by the Company will be interpreted or construed as imposing upon the Company any an obligation to retain Grantee’s services for any stated period of time, which employment will shall continue to be at the pleasure of the Company at such compensation as it determinesshall determine, unless otherwise provided in a written employment agreement signed by the Company and Grantee.
Appears in 3 contracts
Samples: Award Agreement (Xto Energy Inc), Form of Award Agreement (Xto Energy Inc), Form of Award Agreement (Xto Energy Inc)
No Employment Commitment. Grantee acknowledges that neither the grant of performance shares this option nor the execution of this Agreement by the Company will be interpreted or construed as imposing upon the Company any obligation to retain Grantee’s services for any stated period of time, which employment will continue to be at the pleasure of the Company at such compensation as it determines, unless otherwise provided in a written employment agreement signed by the Company and Grantee.
Appears in 3 contracts
Samples: 2004 Stock Incentive Plan (Xto Energy Inc), Agreement (Xto Energy Inc), Nonqualified Stock Option (Xto Energy Inc)
No Employment Commitment. Grantee acknowledges that neither the grant of performance restricted shares nor the execution of this Agreement by the Company will be interpreted or construed as imposing upon the Company any obligation to retain Grantee’s services for any stated period of time, which employment will continue to be at the pleasure of the Company at such compensation as it determines, unless otherwise provided in a written employment agreement signed by the Company and Grantee.
Appears in 2 contracts
Samples: 2004 Stock Incentive Plan (Xto Energy Inc), Agreement (Xto Energy Inc)
No Employment Commitment. Grantee acknowledges that neither the grant of performance shares Time Shares, Performance Shares and if applicable, Adjusted Performance Shares nor the execution of this Agreement by the Company will shall be interpreted or construed as imposing upon the Company any an obligation to retain Grantee’s his services for any stated period of time, which employment will shall continue to be at the pleasure of the Company at such compensation as it determinesshall determine, unless otherwise provided in a written employment agreement signed by the Company and Granteeagreement.
Appears in 1 contract
Samples: Callon Petroleum Company Performance Share Award Agreement (Callon Petroleum Co)
No Employment Commitment. Grantee acknowledges that neither the grant of phantom performance shares nor the execution of this Agreement by the Company will be interpreted or construed as imposing upon the Company any an obligation to retain Grantee’s services for any stated period of time, which employment will shall continue to be at the pleasure of the Company at as such compensation as it determinesshall determine, unless otherwise otherwise, provided in a written employment agreement signed by the Company and Grantee.
Appears in 1 contract
Samples: Award Agreement (Xto Energy Inc)