Common use of Rights or Entitlements Clause in Contracts

Rights or Entitlements. The Participant hereby acknowledges and agrees that this award does not provide any entitlement to any benefit other than that granted under the Plan. The Participant further acknowledges and agrees that any benefits granted under the Plan are not a part of such Participant’s base salary, and will not be considered a part of any pension or severance payments in the event of a termination of the Participant’s employment or service for any reason.

Appears in 4 contracts

Samples: Restricted Share Unit Award Agreement (Partnerre LTD), Award Agreement (Partnerre LTD), Restricted Share Unit Award Agreement (Partnerre LTD)

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Rights or Entitlements. The Participant hereby acknowledges and agrees that this award does not provide any entitlement to any benefit other than that granted under the Plan. The Participant further acknowledges and agrees that any benefits granted under the Plan are not a part of such Participant’s base salarysalary or fees, and will not be considered a part of any pension or severance payments in the event of a termination of the Participant’s employment or service for any reason.

Appears in 1 contract

Samples: Award Agreement (Partnerre LTD)

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Rights or Entitlements. The Participant hereby acknowledges and agrees that this award does not provide any entitlement to any benefit other than that granted under the Plan. The Participant further acknowledges and agrees that any benefits granted under the Plan are not a part of such Participant’s base salarysalary or other compensation, and will not be considered a part of any pension or severance payments in the event of a termination of the Participant’s employment or service for any reason.

Appears in 1 contract

Samples: Share Settled Share Appreciation Right Agreement (Partnerre LTD)

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