Rights of the Executive. Neither this Agreement nor the RSUs shall confer upon the Executive any right to, or guarantee of, continued employment by Sirius XM, or in any way limit the right of Sirius XM to terminate the employment of the Executive at any time, subject to the terms of any written employment or similar agreement between or among the Company, Sirius XM and the Executive.
Rights of the Executive. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Executive any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Executive at any time, subject to the terms of the Employment Agreement or any other written employment or similar agreement between the Company and the Executive.
Rights of the Executive. None of the Restricted Stock, the execution of this Agreement and the delivery of any vested Shares shall confer upon the Executive any right to, or guarantee of, continued employment by the Company or any of its affiliates, or in any way limit the right of the Company or any of its affiliates to terminate the employment of the Executive at any time, subject to the terms of any written employment or similar agreement between the Company or any of its affiliates and the Executive. The Restricted Stock shall not be treated as compensation for purposes of calculating the Executive’s rights under any employee benefit plan, except to the extent expressly provided in any such plan.
Rights of the Executive. Neither this Agreement nor the RSUs shall confer upon the Executive any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate the employment of the Executive at any time, subject to the terms of the Letter Agreement or any other similar written agreement between the Company and the Executive.
Rights of the Executive. This article shall not be construed as giving the Executive or the Beneficiary any greater rights then those of any other unsecured creditor of the Company. Any insurance on the Executive's life is a general asset of the Company to which the Executive and designated beneficiary have no preferred or secured claim.
Rights of the Executive. The rights of the Executive under this Agreement and of his Surviving Spouse (if any) shall be solely those of an unsecured creditor of the Association except as may be provided in this Article. In the event that the Association shall establish an irrevocable trust to be attached as Schedule A hereto ("Trust Agreement"), such assets of the Association may be held by such trust pursuant to such Trust Agreement, subject to claims by general creditors of the Association by appropriate judicial action as provided by such Trust Agreement. Any insurance policy or any other asset or held by the Association in connection with the liabilities assumed by it hereunder, shall not, except as otherwise expressly provided and as attached as Schedule A hereto, be deemed to be held under any trust for the benefit of the Executive or his Surviving Spouse (if any), or to be security for the performance of the obligations of the Association, but shall be, and remain, a general, unpledged, unrestricted asset of the Association. Neither Executive nor his Surviving Spouse (if any) shall be named as owner of an insurance policy, if any, held in connection with the liabilities hereunder.
Rights of the Executive. The rights of the Executive and of his Surviving Spouse (if any) under this Agreement shall be solely those of an unsecured creditor of the Bank except as may be provided in this Article.
Rights of the Executive. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Executive any right to, or guarantee of, continued employment by the Company, or in any way limit the right of 5 Day prior to the tenth anniversary of the First Trading Day. the Company to terminate employment of the Executive at any time, subject to the terms of the Employment Agreement or any other written employment or similar agreement between the Company and the Executive.
Rights of the Executive. Neither this Agreement nor the RSUs shall confer upon the Executive any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate the employment of the Executive at any time, subject 8 Third anniversary of the “Effective Date,” as defined in the Employment Agreement. to the terms of any written employment or similar agreement between the Company and the Executive.
Rights of the Executive. Neither this Option, the execution of this Agreement no the exercise of any portion of this Option shall confer upon the Executive any right to, or guarantee 4 Tenth anniversary of the Grant Date. of, continued employment by Sirius XM or any of its subsidiaries or affiliates, or in any way limit the right of Sirius XM or any of its subsidiaries or affiliates to terminate employment of the Executive at any time, subject to the terms of the Employment Agreement or any other written employment or similar written agreement between or among the Company, Sirius XM, or any of their respective subsidiaries or affiliates, and the Executive.
