No Right to Compensation. Unless expressly provided by the Company in writing, any value associated with the Award is an item of compensation outside the scope of the Employee’s employment contract, if any, and shall not be deemed part of the Employee’s normal or expected compensation for purposes of calculating any severance, resignation, redundancy, or end-of-service payments, bonuses, long-service awards, insurance plan, investment or stock purchase plan, pension, retirement, or any other employee benefits, or similar payments under plans of the Company or any of its Subsidiaries.
No Right to Compensation. Neither this Option, Shares issued upon its exercise, any excess of market value over Exercise Price, nor any other rights, benefits, values or interest resulting from the granting of the Option shall be considered as compensation for purposes of any pension or retirement plan, insurance plan, investment or stock purchase plan, or any other employee benefit plan of the Company or any of its Subsidiaries. Unless expressly provided by the Company in writing, any value associated with the Option is an item of compensation outside the scope of the Employee’s employment contract, if any, and shall not be deemed part of the Employee’s normal or expected compensation for purposes of calculating any severance, resignation, redundancy, or end-of-service payments, bonuses, long-service awards, pension or retirement benefits, or similar payments.
No Right to Compensation. This option shall not form part of the terms and conditions of the Optionee's employment with the Company and the Optionee shall have no right to any compensation arising from the loss of the Optionee's entitlements to or under this option or the Option Shares as a result of the termination of the Optionee's employment (for any reason whatsoever) whether such compensation is claimed by way of damages for unfair or wrongful dismissal or other breach of contract or by way of compensation for loss of office or otherwise howsoever.
No Right to Compensation. No Director shall receive an additional salary or stipend for his or her service as a Governing Board member. Directors are not eligible for health insurance or other benefits provided to employees of the Cape Light Compact JPE.
No Right to Compensation. (a) Neither this Option, Shares issued upon its exercise, any excess of market value over Exercise Price, nor any other rights, benefits, values or interest resulting from the granting of this Option shall be considered as compensation for purposes of any pension or retirement plan, insurance plan, investment or stock purchase plan, or any other employee benefit plan of the Company or any of its Subsidiaries;
No Right to Compensation. Any employee whose employment with the Company or with any Relevant Subsidiary terminates shall not be entitled to any compensation for or by reference to any loss or curtailment of any right or benefit or prospective right or benefit under this Trust which he might otherwise have enjoyed whether such compensation is claimed by way of damages for wrongful dismissal or other breach of contract or by way of compensation for unfair dismissal or for loss of office or otherwise.
No Right to Compensation. Without in any way limiting the other terms of this Article VIII, the Parties acknowledge and agree that no provision of this Agreement shall be construed to (i) create any right to any compensation or benefits whatsoever on the part of any Transferred Employee, Mexx Europe Service Provider or other future, present or former employee of the Company, the Buyers, the Sellers or any of their respective Subsidiaries or Affiliates; (ii) guarantee employment for any period of time or preclude the ability of the Company, the Buyers, the Sellers or any of their respective Subsidiaries or Affiliates, to legally terminate any Transferred Employee, Mexx Europe Service Provider, employee or independent contractor for any reason at any time; or (iii) constitute an amendment to any Mexx Europe Benefit Plan or other employee benefit or compensation plans or arrangements. Nothing in this Section 8.6 or elsewhere in this Agreement shall be deemed to make any employee, former employee, independent contractor, Transferred Employee or Mexx Europe Service Provider (or any beneficiary or dependent thereof) a third-party beneficiary of this Article VIII or this Agreement or any rights relating hereto.
No Right to Compensation. Except as otherwise provided in this Contract or its appendices, no Party has the right to claim compensation or repayment from any assistance or service provided under the Article VI of this Contract.
No Right to Compensation. For the avoidance of doubt:
No Right to Compensation. The Parties acknowledge and agree that the provisions of this Article IX are included for the benefit of the Seller, the Buyer and the Acquired Companies, and no provision of this Agreement shall be construed to (i) create any right to any compensation or benefits whatsoever on the part of any current or former Acquired Company Employee, Acquired Company Employee or other future, present or former employee of the Seller, the Buyer, the Seller or any of their respective Subsidiaries or Affiliates, or any dependent or beneficiary thereof, (ii) guarantee employment for any period of time or preclude the ability of the Seller, the Buyer, or any of their respective Subsidiaries or Affiliates, to legally terminate any Acquired Company Employee or any other employee or independent contractor for any reason at any time, or (iii) constitute an amendment to any Employee Benefit Plan or other employee benefit or compensation plans or arrangements of the Seller, the Buyer or any of their respective Subsidiaries or Affiliates. Nothing in this Article IX or elsewhere in this Agreement shall be deemed to make any employee, former employee, or independent contractor of the Seller, the Buyer or any of their respective Subsidiaries or Affiliates, including any Acquired Company Employee (or any beneficiary or dependent of any of them), a third-party beneficiary of this Article IX or this Agreement or any rights relating hereto.Actions by the Buyer and the Seller. Any action required to be taken by the Buyer under this Article IX may be taken by the Buyer and its Subsidiaries, and any actions required to be taken by the Seller under this Article IX may be taken by the Seller and its Subsidiaries.
