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

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee.

Appears in 22 contracts

Samples: Restricted Stock Units Inducement Award Agreement (Ceco Environmental Corp), Restricted Stock Units Agreement (Ceco Environmental Corp), Restricted Stock Units Award Agreement (Comscore, Inc.)

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No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee.

Appears in 15 contracts

Samples: Restricted Stock Unit Agreement (AGNC Investment Corp.), 2016 Equity and Incentive Compensation Plan (AGNC Investment Corp.), Restricted Stock Unit Agreement (AGNC Investment Corp.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee Recipient is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee Recipient any right to be employed or remain employed by the Company or any of its Subsidiariesaffiliates, nor limit or affect in any manner the right of the Company or any of its Subsidiaries affiliates to terminate the employment or adjust the compensation of the GranteeRecipient.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Cumulus Media Inc), Restricted Stock Unit Agreement (Cumulus Media Inc), Restricted Stock Unit Agreement (Cumulus Media Inc)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis basis, and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its SubsidiariesAffiliates, nor limit or affect in any manner the right of the Company or any of its Subsidiaries Affiliates to terminate the employment or adjust the compensation of the Grantee.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (NexPoint Real Estate Finance, Inc.), Form of Restricted Stock Units Agreement (NexPoint Residential Trust, Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis basis, and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company Company, the Manager or any of its SubsidiariesAffiliates, nor limit or affect in any manner the right of the Company Company, the Manager or any of its Subsidiaries Affiliates to terminate the employment or adjust the compensation of the Grantee.

Appears in 2 contracts

Samples: Restricted Stock Units Agreement (NexPoint Real Estate Finance, Inc.), Form of Restricted Stock Units Agreement (NexPoint Real Estate Finance, Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Bank, the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee.affect

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Amerant Bancorp Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement Notice to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement Notice shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee.

Appears in 1 contract

Samples: Restricted Stock Units Award Notice (Comscore, Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its Subsidiariessubsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries subsidiaries to terminate the employment or adjust the compensation of the Grantee.

Appears in 1 contract

Samples: Restricted Stock Units Award Agreement (Comscore, Inc.)

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No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall herein will confer upon the Grantee any right with respect to be employed continuance of employment or remain employed by other service with the Company or any of its SubsidiariesSubsidiary, nor limit or affect will it interfere in any manner the way with any right of the Company or any of its Subsidiaries Subsidiary would otherwise have to terminate the Grantee's employment or adjust the compensation of the Granteeother service at any time.

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (YETI Holdings, Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Bank, the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Bank, the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee. 13.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Amerant Bancorp Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis basis, and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company Company, the Advisor or any of its SubsidiariesAffiliates, nor limit or affect in any manner the right of the Company Company, the Advisor or any of its Subsidiaries Affiliates to terminate the employment or adjust the compensation of the Grantee.

Appears in 1 contract

Samples: Restricted Stock Units Agreement (NexPoint Residential Trust, Inc.)

No Right to Future Awards or Employment. The grant of the RSUs DSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs DSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee.

Appears in 1 contract

Samples: Stock Units Award Agreement (Comscore, Inc.)

No Right to Future Awards or Employment. The grant of the RSUs under this Agreement to the Grantee is a voluntary, discretionary award being made on a one-time basis and it does not constitute a commitment to make any future awards. The grant of the RSUs and any payments made hereunder will not be considered salary or other compensation for purposes of any severance pay or similar allowance, except as otherwise required by law. Nothing contained in this Agreement shall confer upon the Grantee any right to be employed or remain employed by the Company or any of its Subsidiaries, nor limit or affect in any manner the right of the Company or any of its Subsidiaries to terminate the employment or adjust the compensation of the Grantee. 13.

Appears in 1 contract

Samples: Restricted Stock Units Award Agreement

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