Common use of No Right to Continued Employment or Further Awards Clause in Contracts

No Right to Continued Employment or Further Awards. (a) Neither the Plan nor this Agreement shall (i) alter the Participant’s status as an “at-will” Employee of the Company and its subsidiaries, (ii) be construed as giving the Participant any right to continue in the employ of the Company and its subsidiaries or (iii) be construed as giving the Participant any right to be reemployed by the Company and its subsidiaries following any termination of employment. The termination of employment provisions in this Agreement only apply to the treatment of the Award as specified herein and shall not otherwise affect the Participant’s employment relationship.

Appears in 2 contracts

Samples: Award Agreement (American Axle & Manufacturing Holdings Inc), Award Agreement (American Axle & Manufacturing Holdings Inc)

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No Right to Continued Employment or Further Awards. (a) Neither the Plan nor this Agreement shall (i) alter the Participant’s status as an “at-will” Employee of the Company and its subsidiaries, (ii) be construed as giving the Participant any right to continue in the employ of the Company and its subsidiaries or (iii) be construed as giving the Participant any right to be reemployed by the Company and its subsidiaries following any termination of employment. The termination of employment provisions set forth in this Agreement only apply to the treatment of the Award RSUs as specified herein and shall not otherwise affect the Participant’s employment relationship.

Appears in 2 contracts

Samples: Award Agreement (American Axle & Manufacturing Holdings Inc), Restricted Stock Unit Award Agreement (American Axle & Manufacturing Holdings Inc)

No Right to Continued Employment or Further Awards. (a) Neither the Plan nor this Agreement shall (i) alter the Participant’s status as an “at-will” Employee of the Company and its subsidiaries, (ii) be construed as giving the Participant any right to continue in the employ of the Company AAM and its subsidiaries or (iii) be construed as giving the Participant any right to be reemployed by the Company and its subsidiaries following any termination of employment. The termination of employment provisions in this Agreement only apply to the treatment of the Award as specified herein and shall not otherwise affect the Participant’s employment relationship.

Appears in 2 contracts

Samples: Award Agreement (American Axle & Manufacturing Holdings Inc), Award Agreement (American Axle & Manufacturing Holdings Inc)

No Right to Continued Employment or Further Awards. (a) Neither the Plan nor this Agreement shall (i) alter the Participant’s status as an “at-will” Employee employee of the Company and its subsidiariesSubsidiaries, (ii) be construed as giving the Participant any right to continue in the employ of the Company and its subsidiaries Subsidiaries or (iii) be construed as giving the Participant any right to be reemployed by the Company and its subsidiaries Subsidiaries following any termination of employment. The termination of employment provisions set forth in this Agreement only apply to the treatment of the Award RSUs as specified herein and shall not otherwise affect the Participant’s employment relationship.

Appears in 2 contracts

Samples: Award Agreement (American Axle & Manufacturing Holdings Inc), Award Agreement (American Axle & Manufacturing Holdings Inc)

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No Right to Continued Employment or Further Awards. (a) Neither the Plan nor this Agreement shall (i) alter the Participant’s status as an “at-at will” Employee employee of the Company and its subsidiariesSubsidiaries, (ii) be construed as giving the Participant any right to continue in the employ of the Company and its subsidiaries Subsidiaries or (iii) be construed as giving the Participant any right to be reemployed by the Company and its subsidiaries Subsidiaries following any termination of employment. The termination of employment provisions in this Agreement only apply to the treatment of the Award as specified herein and shall not otherwise affect the Participant’s employment relationship.

Appears in 1 contract

Samples: Award Agreement (American Axle & Manufacturing Holdings Inc)

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