Common use of No Guarantee of Continued Employment Clause in Contracts

No Guarantee of Continued Employment. YOU HEREBY ACKNOWLEDGE AND AGREE THAT THE VESTING OF THE PERFORMANCE SHARE AWARD PURSUANT TO THE PROVISIONS OF THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE AWARD, OR RECEIVING SHARES HEREUNDER). YOU FURTHER ACKNOWLEDGE AND AGREE THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDE.

Appears in 5 contracts

Samples: Performance Share Award Agreement (Kraft Heinz Co), Performance Share Award Agreement (Kraft Heinz Co), Performance Share Award Agreement (Kraft Heinz Co)

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No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD LTI GRANT PURSUANT TO THE PROVISIONS OF THE PLAN AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN IN THIS AGREEMENT AND THE PLAN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION PARAGRAPH 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATEEMPLOYER, BEING GRANTED A PERFORMANCE SHARE AWARDAN LTI GRANT, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD LTI GRANT SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE EMPLOYER TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.

Appears in 4 contracts

Samples: Incentive Grant Agreement (Mondelez International, Inc.), Term Incentive Grant Agreement (Mondelez International, Inc.), Incentive Grant Agreement (Mondelez International, Inc.)

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD LTI GRANT PURSUANT TO THE PROVISIONS OF THE PLAN AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN IN THIS AGREEMENT AND THE PLAN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATEEMPLOYER, BEING GRANTED A PERFORMANCE SHARE AWARDAN LTI GRANT, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD LTI GRANT SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE EMPLOYER TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.

Appears in 3 contracts

Samples: Incentive Grant Agreement (Mondelez International, Inc.), Incentive Grant Agreement (Mondelez International, Inc.), Incentive Grant Agreement (Mondelez International, Inc.)

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE PSP AWARD PURSUANT TO THE PROVISIONS OF THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE AN PSP AWARD, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE PSP AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES.

Appears in 2 contracts

Samples: Award Agreement (Kraft Foods Group, Inc.), PSP Award Agreement (Kraft Foods Group, Inc.)

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD LTI GRANT PURSUANT TO THE PROVISIONS OF THE PLAN AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN IN THIS AGREEMENT AND THE PLAN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION PARAGRAPH 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATEEMPLOYER, BEING GRANTED A PERFORMANCE SHARE AWARDAN LTI XXXXX, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD LTI XXXXX SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE EMPLOYER TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.

Appears in 1 contract

Samples: Term Incentive Grant Agreement (Mondelez International, Inc.)

No Guarantee of Continued Employment. YOU HEREBY ACKNOWLEDGE THE PARTICIPANT XXXXXX ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD PURSUANT TO THE PROVISIONS OF THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE AWARD, OR RECEIVING SHARES HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES.

Appears in 1 contract

Samples: Award Agreement (Kraft Heinz Co)

No Guarantee of Continued Employment. YOU HEREBY ACKNOWLEDGE AND AGREE THAT THE VESTING OF THE PERFORMANCE SHARE BONUS AWARD PURSUANT TO THE PROVISIONS OF THE AIP AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN IN THIS AGREEMENT AND THE AIP ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT (SUBJECT YOU CONTINUING TO THE PROVISIONS OF SECTION 3(b) HEREOF) BE EMPLOYED AT THE WILL OF THE COMPANY OR AN AFFILIATE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY EMPLOYER OR AN AFFILIATE, BEING GRANTED ELIGIBLE TO EARN A PERFORMANCE SHARE AWARD, OR RECEIVING SHARES BONUS AWARD HEREUNDER). YOU FURTHER ACKNOWLEDGE AND AGREE THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE BONUS AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL WILL NOT INTERFERE WITH THE YOUR RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE EMPLOYER TO TERMINATE YOUR EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDERESIDE OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.

Appears in 1 contract

Samples: Incentive Plan (Equinix Inc)

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD PURSUANT TO THE PROVISIONS OF THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE AWARD, OR RECEIVING SHARES HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES.

Appears in 1 contract

Samples: Award Agreement (Kraft Heinz Co)

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No Guarantee of Continued Employment. YOU HEREBY ACKNOWLEDGE AND AGREE THAT THE VESTING OF THE PERFORMANCE SHARE AWARD PURSUANT TO THE PROVISIONS OF THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT SERVICE (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE AWARD, OR RECEIVING SHARES HEREUNDER). YOU FURTHER ACKNOWLEDGE AND AGREE THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDE.

Appears in 1 contract

Samples: Kraft Heinz Co

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE PSP AWARD PURSUANT TO THE PROVISIONS OF THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE PSP AWARD, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE PSP AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES.

Appears in 1 contract

Samples: Award Agreement (Kraft Foods Group, Inc.)

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD LTI GRANT PURSUANT TO THE PROVISIONS OF THE PLAN AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN IN THIS AGREEMENT AND THE PLAN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION PARAGRAPH 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATEEMPLOYER, BEING GRANTED A PERFORMANCE SHARE AWARDAN LTI XXXXX, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD LTI GRANT SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE EMPLOYER TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.

Appears in 1 contract

Samples: Term Incentive Grant Agreement (Mondelez International, Inc.)

No Guarantee of Continued Employment. YOU THE PARTICIPANT HEREBY ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE LTIP AWARD PURSUANT TO THE PROVISIONS OF THE LTI PLAN AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET FORTH HEREIN IN THE LTI PLAN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION 3(b2(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATE, BEING GRANTED A PERFORMANCE SHARE AN LTIP AWARD, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE LTIP AWARD SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE COMPANY OR ANY AFFILIATE.

Appears in 1 contract

Samples: Award Agreement (Mondelez International, Inc.)

No Guarantee of Continued Employment. YOU HEREBY ACKNOWLEDGE THE PARTICIPANT XXXXXX ACKNOWLEDGES AND AGREE AGREES THAT THE VESTING OF THE PERFORMANCE SHARE AWARD LTI XXXXX PURSUANT TO THE PROVISIONS OF THE PLAN AND THIS AGREEMENT IS EARNED ONLY IF THE PERFORMANCE GOALS ARE ATTAINED AND THE OTHER TERMS AND CONDITIONS SET February 27, 2024 FORTH HEREIN IN THIS AGREEMENT AND THE PLAN ARE SATISFIED AND BY YOUR CONTINUED EMPLOYMENT THE PARTICIPANT CONTINUING TO BE EMPLOYED (SUBJECT TO THE PROVISIONS OF SECTION PARAGRAPH 3(b) HEREOF) AT THE WILL OF THE COMPANY OR AN AFFILIATE EMPLOYER (AND NOT THROUGH THE ACT OF BEING EMPLOYED BY THE COMPANY OR AN AFFILIATEEMPLOYER, BEING GRANTED A PERFORMANCE SHARE AWARDAN LTI XXXXX, OR RECEIVING SHARES COMMON STOCK HEREUNDER). YOU THE PARTICIPANT FURTHER ACKNOWLEDGE ACKNOWLEDGES AND AGREE AGREES THAT THIS AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE RIGHT TO EARN A PAYMENT UNDER THE PERFORMANCE SHARE AWARD LTI GRANT SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED EMPLOYMENT DURING THE PERFORMANCE PERIODCYCLE, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE WITH YOUR THE PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY OR AN AFFILIATE EMPLOYER TO TERMINATE YOUR THE PARTICIPANT’S EMPLOYMENT AT ANY TIME, WITH OR WITHOUT CAUSE, CAUSE AND IN ACCORDANCE WITH APPLICABLE EMPLOYMENT LAWS OF THE COUNTRY WHERE YOU RESIDETHE PARTICIPANT RESIDES OR BE INTERPRETED AS FORMING AN EMPLOYMENT OR SERVICE CONTRACT WITH THE EMPLOYER.

Appears in 1 contract

Samples: Grant Agreement (Mondelez International, Inc.)

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