Common use of No Retention Clause in Contracts

No Retention. Rights Neither this Award nor this Agreement gives you the right to be employed or retained by the Company or any Subsidiary or Affiliate of the Company in any capacity. The Company and its Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause. Adjustments The number of Restricted Shares covered by this Award will be subject to adjustment in the event of a stock split, a stock dividend or a similar change in Shares, and in other circumstances, as set forth in the Plan. The forfeiture provisions and restrictions described above will apply to all new, substitute or additional restricted shares or securities to which you are entitled by reason of this Award.

Appears in 6 contracts

Samples: Stock Incentive Plan (Coursera, Inc.), Stock Incentive Plan (Coursera, Inc.), Stock Incentive Plan (Coursera, Inc.)

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No Retention. Rights Neither this Award nor this Agreement gives you the right to be employed or retained by the Company or any Subsidiary or Affiliate of the Company in any capacity. The Company and its Subsidiaries and Affiliates reserve the right to terminate your Service at any time, with or without cause. Adjustments The number of Restricted Shares RSUs covered by this Award will be subject to adjustment in the event of a stock split, a stock dividend or a similar change in Shares, and in other circumstances, as set forth in the Plan. The forfeiture provisions and restrictions described above will apply to all new, substitute or additional restricted shares stock units or securities to which you are entitled by reason of this Award.

Appears in 1 contract

Samples: Stock Incentive Plan (Coursera, Inc.)

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