Common use of No Rights to Employment Clause in Contracts

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 38 contracts

Samples: Restricted Stock Unit Agreement (First Marblehead Corp), Restricted Stock Unit Agreement (Akamai Technologies Inc), Restricted Stock Unit Agreement (First Marblehead Corp)

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No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by satisfaction of the performance conditions and continuing service as an employee at the will of the Company (not through the act of being hired or purchasing shares being granted the RSUs hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 8 contracts

Samples: Restricted Stock Unit Agreement (TechTarget Inc), Restricted Stock Unit Agreement (TechTarget Inc), Restricted Stock Unit Agreement (TechTarget Inc)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 1 and Exhibit A hereof is earned only by continuing service as an employee at in accordance with the will terms of the Company (not through the act of being hired or purchasing shares hereunder)such sections. The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 1 and Exhibit A hereof is earned only by continuing service as an employee at in accordance with the will terms of the Company (not through the act of being hired or purchasing shares hereunder)such sections. The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any other period, or at all.

Appears in 5 contracts

Samples: Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc), Restricted Stock Unit Agreement (MKS Instruments Inc)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant is subject to the conditions set forth in Section 2 hereof is earned only by hereof, including continuing service as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (First Marblehead Corp), Restricted Stock Unit Agreement (First Marblehead Corp), Xanodyne Pharmaceuticals Inc

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will of the Company (not through the act of being hired or purchasing being granted shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 3 contracts

Samples: Restricted Stock Unit Agreement (ModusLink Global Solutions Inc), Restricted Stock Unit Agreement (ModusLink Global Solutions Inc), Restricted Stock Unit Agreement (ModusLink Global Solutions Inc)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will a director of the Company (not through the act of being hired elected or appointed as a director or purchasing shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued service as a director or engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Nashua Corp), Restricted Stock Unit Agreement (Nashua Corp)

No Rights to Employment. The Participant acknowledges and agrees that participation in this plan is discretionary and that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 2 contracts

Samples: Kronos Incorporated (Kronos Inc), Kronos Incorporated (Kronos Inc)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by the achievement by the Company of the results set forth in Section 2(a) above and continuing service thereafter as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunderhired). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 2 contracts

Samples: Agreement (Aspen Technology Inc /De/), Restricted Stock Unit Agreement (Aspen Technology Inc /De/)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at in accordance with the will terms of the Company (not through the act of being hired or purchasing shares hereunder)such section. The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee employment with the Company or consultant any subsidiary of the Company for the vesting period, for any period, or at all.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (MKS Instruments Inc), MKS Instruments Inc

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No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Starent Networks, Corp.)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at in accordance with the will terms of the Company (not through the act of being hired or purchasing shares hereunder)such section. The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 1 contract

Samples: MKS Instruments Inc

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant is subject to the conditions set forth in Section 2 hereof is earned only by hereof, including continuing service as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunderotherwise). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant in any other capacity for the vesting period, for any period, or at all.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (TransMedics, Inc.)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by the achievement by the Company of the First Breakeven Target and continuing service thereafter as an employee at the will of the Company (not through the act of being hired or purchasing shares hereunderhired). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (LTX Corp)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at the will of of, or otherwise providing services to, the Company (not through the act of being hired or purchasing shares through the grant of RSUs hereunder). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (NxStage Medical, Inc.)

No Rights to Employment. The Participant acknowledges and agrees that the vesting of the RSUs pursuant to Section 2 hereof is earned only by continuing service as an employee at through the will of the Company dates specified in Section 2 hereof (not through the act of being hired or purchasing shares hereunderreceiving the RSU award). The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth herein do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (LTX-Credence Corp)

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