Common use of No Obligation to Employ Clause in Contracts

No Obligation to Employ. Nothing in this Award Agreement or the Plan will be construed as giving the Grantee any right to be retained in the employ or service of the Company or any Affiliate. The Company or any Affiliate may at any time dismiss the Grantee from employment or discontinue any consulting relationship, free from any liability or any claim under this Award Agreement and the Plan, unless otherwise expressly provided in this Award Agreement or the Plan. By accepting this Award, the Grantee will be deemed to have waived any claim to continued exercise or vesting of this Award or to damages or severance entitlement related to non-continuation of this Award beyond the period provided under this Award Agreement or the Plan, except to the extent of any provision to the contrary in any written employment contract or other agreement between the Company or any Affiliate and the Grantee, whether any such agreement is executed before, on, or after the Grant Date.

Appears in 11 contracts

Samples: Restricted Stock Unit Award Agreement (Spirit AeroSystems Holdings, Inc.), Restricted Stock Unit Award Agreement (Spirit AeroSystems Holdings, Inc.), Restricted Stock Award Agreement (Spirit AeroSystems Holdings, Inc.)

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