NO OBLIGATION TO MAINTAIN RELATIONSHIP. The Company is not by the Plan or this Agreement obligated to continue the Participant as director of the Company. The Participant acknowledges: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; and (ii) that this award of Granted Shares is a one-time benefit which does not create any contractual or other right to receive future grants of Common Stock, or benefits in lieu of Common Stock.
Appears in 4 contracts
Samples: Restricted Stock Agreement (Cyclerion Therapeutics, Inc.), Restricted Stock Agreement (Cyclerion Therapeutics, Inc.), Restricted Stock Agreement (Ironwood Pharmaceuticals Inc)
