Common use of Voluntariness and Consequences of Denial/Withdrawal of Consent Clause in Contracts

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any participation in the Plan and his or her consent are purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer participation in the Plan or grant equity awards to the Participant or administer or maintain such awards, and the Participant will no longer be eligible to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 16 contracts

Samples: Option Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, Inc.)

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Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any his or her participation in the Plan and his or her consent are is purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer Participant participation in the Plan or grant offer other equity awards to the Participant or administer or maintain such awards, awards and the Participant will would no longer be eligible able to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 7 contracts

Samples: Restricted Stock Unit Issuance Agreement (Gilead Sciences Inc), Global Restricted Stock Unit Issuance Agreement (Gilead Sciences Inc), Gilead Sciences Inc

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any participation in the Plan and his or her consent are purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer participation in the Plan or grant equity awards to the Participant or administer or maintain such awards, and the Participant will no longer be eligible to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 6 contracts

Samples: Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.), Award Agreement (First Solar, Inc.)

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant Optionee understands that any his or her participation in the Plan and his or her consent are is purely voluntary. The Participant Optionee may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant Optionee denies or later withdraws his or her consent, the Company can no longer offer Optionee participation in the Plan or grant offer other equity awards to the Participant Optionee or administer or maintain such awards, awards and the Participant will Optionee would no longer be eligible able to participate in the Plan. The Participant Optionee further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career and that the Participant Optionee would merely forfeit the opportunities associated with the Plan.

Appears in 5 contracts

Samples: Global Stock Option Agreement (Gilead Sciences Inc), Global Stock Option Agreement (Gilead Sciences Inc), Global Stock Option Agreement (Gilead Sciences Inc)

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any Participant’s participation in the Plan and his or her Participant’s consent are is purely voluntary. The Participant may deny or later withdraw his or her Participant’s consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her Participant’s consent, the Company can no longer offer Participant participation in the Plan or grant offer other equity awards to the Participant or administer or maintain such awards, awards and the Participant will would no longer be eligible able to participate in the Plan. The Participant further understands that denial or withdrawal of his or her Participant’s consent would not affect his or her Participant’s status or salary as an employee or his or her Participant’s career and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 5 contracts

Samples: Performance Share Award Agreement (Gilead Sciences, Inc.), Performance Share Award Agreement (Gilead Sciences, Inc.), Global Restricted Stock Unit Agreement (Gilead Sciences, Inc.)

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any his or her participation in the Plan and his or her consent are is purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer Participant participation in the Plan or grant offer other equity awards to the Participant or administer or maintain such awards, awards and the Participant will would no longer be eligible able to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career and that the Participant would merely forfeit the opportunities associated with the Plan. The withdrawal of his or her consent will not affect the lawfulness of any data transfers based on consent before its withdrawal.

Appears in 3 contracts

Samples: Award Agreement (Stem, Inc.), Terms and Conditions (Stem, Inc.), Terms and Conditions (Stem, Inc.)

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any his or her participation in the Plan and his or her consent are is purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer the Participant participation in the Plan or grant offer other equity awards to the Participant or administer or maintain such awards, awards and the Participant will would no longer be eligible able to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 2 contracts

Samples: Global TSR Share Award Agreement (PPG Industries Inc), Restricted Stock Unit Award (PPG Industries Inc)

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Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any his or her participation in the Plan and his or her consent are is purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer Participant participation in the Plan or grant offer other equity awards to the Participant or administer or maintain such awards, awards and the Participant will would no longer be eligible able to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary remuneration as an a non-employee or his or her career Director and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 2 contracts

Samples: Restricted Stock Unit Issuance Agreement (Gilead Sciences Inc), Restricted Stock Unit Issuance Agreement (Gilead Sciences Inc)

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant understands that any his or her participation in the Plan and his or her consent are is purely voluntary. The Participant may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant denies or later withdraws his or her consent, the Company can no longer offer the Participant participation in the Plan or grant offer other equity awards to the Participant or administer or maintain such awards, awards and the Participant will would no longer be eligible able to participate in the Plan. The Participant further understands that denial or withdrawal of his or her consent would not affect his or her status or salary compensation as an employee a director or his or her career and that the Participant would merely forfeit the opportunities associated with the Plan.

Appears in 1 contract

Samples: Board of Directors Agreement (Vinco Ventures, Inc.)

Voluntariness and Consequences of Denial/Withdrawal of Consent. The Participant Employee understands that any participation in the Plan and his or her Employee’s consent are purely voluntary. The Participant Employee may deny or later withdraw his or her consent at any time, with future effect and for any or no reason. If the Participant Employee denies or later withdraws his or her consent, the Company can no longer cannot offer participation in the Plan or grant equity awards to the Participant Employee or administer or maintain such awards, and the Participant Employee will no longer not be eligible to participate in the Plan. The Participant Employee further understands that denial or withdrawal of his or her consent would not affect his or her status or salary as an employee or his or her career Employee’s employment relationship and that the Participant Employee would merely forfeit the opportunities associated with the Plan.

Appears in 1 contract

Samples: Subscription Agreement (Robinhood Markets, Inc.)

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