Common use of Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation Clause in Contracts

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------

Appears in 2 contracts

Samples: Watchguard Technologies Inc, Watchguard Technologies Inc

AutoNDA by SimpleDocs

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: the Participant expressly acknowledges that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future option grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each optionShares granted, the option price, exercise price and the time exercise date or times when each option will be exercisabledates, will shall be at the sole discretion of the Company; (d) that your the Participant’s participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that is outside the scope of your the Participant’s employment or consulting contract, if any, and nothing can or must automatically be inferred from such employment or consulting contract or its consequences; (f) that the Option is Options are not part of normal or expected compensation for purposes of any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, the Participant waives any claim on such basis and, for the avoidance of doubt, the Option shall not constitute an “acquired right” under the applicable law of any jurisdiction; (g) that if the vesting of underlying Shares do not increase in value, the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administratorshall have no value; (h) that if the Participant exercises the Option and acquires Shares, the value of such Shares may increase or decrease in value, even below the exercise price; and (i) the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value. In addition, the Option will Participant understands, acknowledges and agrees that the Participant shall have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock compensation or damages related to option described proceeds in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the Plan. I have read termination of the Participant’s employment or service for any reason whatsoever and understand the Plan, including the provisions whether or not in breach of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------contract.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Hilton Grand Vacations Inc.), Nonqualified Stock Option Agreement (Hilton Grand Vacations Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced herebyOption, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that and does not create any contractual or other right to receive future grants of options, options or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of your employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorAgreement; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIESXXXXXX.XXX, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of _____the State of ______________, accept the nonqualified stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((-------------------------------- -------------------------------- Name)) Address -----------------------------------

Appears in 2 contracts

Samples: Amazon Com Inc, Amazon Com Inc

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and In accepting the grant of the Option evidenced herebyAward, you acknowledge: , understand and agree that (a) that the Plan is established voluntarily by the Company, it is discretionary in nature nature, and may be amended, suspended or terminated by the Company at any time; (b) that the grant of the Option Award is a one-time benefit that voluntary and occasional and does not create any contractual or other right to receive future grants of optionsAwards, or benefits in lieu of optionsAwards, even if have been granted repeatedly in the past; (c) that all determinations decisions with respect to any such future Award grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisableif any, will be at the sole discretion of the Company; (d) that your participation you are voluntarily participating in the Plan is voluntaryPlan; (e) the Award and any Shares acquired under the Plan are extraordinary items that do not constitute compensation of any kind for services of any kind rendered to the value of the Option is an extraordinary item of compensation that Company, and which is outside the scope of your employment service contract, if any; (f) that the Option is Award and any Shares acquired under the Plan are not intended to replace any compensation; (g) the Award and any Shares acquired under the Plan are not part of normal or expected compensation for purposes of any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that payments and in no event should be considered as compensation for, or relating in any way to, past services for the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorCompany; (h) that the future value of the underlying Option Shares Award is unknown and cannot be predicted with certainty; and (i) that no claim or entitlement to compensation or damages shall arise from forfeiture of the Award resulting from the terminationof your employment or service with the Company (for any reason whatsoever and whether or not in breach of local laws) and in consideration of the grant of the Award to which you are otherwise not entitled, you irrevocably agree never to institute any claim against the Company, waive your ability, if any, to bring any such claim, and release the underlying Option Shares do not increase in valueCompany o from any such claim; if, notwithstanding the Option will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy foregoing, any such claim is allowed by a court of this Agreement and return it to the undersigned. Very truly yourscompetent jurisdiction, WATCHGUARD TECHNOLOGIESthen, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and by participating in the Plan, you shall be deemed irrevocably to have agreed not to pursue such claim and acknowledge receipt agree to execute any and all documents necessary to request dismissal or withdrawal of a copy such claims; (j) in the event of this Agreementyour separation of service (whether or not in breach of local laws), your right to vest in the Plan Summary and a copy of the Plan. I have read and understand Award under the Plan, including if any, will terminate effective as of the provisions date that you are no longer actively retained and will not be extended by any notice period mandated under local law; and (k) the Award and the benefits under the Plan, if any, will not automatically transfer to another company in the case of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------a merger, take-over or transfer of liability.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Jones Soda Co), Restricted Stock Unit Award Agreement (Jones Soda Co)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Units evidenced hereby, you acknowledge: expressly acknowledge that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsUnits, or benefits in lieu of optionsUnits; (c) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option Units is an extraordinary item of compensation that is outside the scope of your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) that the Option is Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (g) that the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Section 6 (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (h) vesting of the Option Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; and (hi) that the future value of the underlying Option Shares Units is unknown and cannot be predicted with certainty; . In addition, you understand, acknowledge and (i) agree that if the underlying Option Shares do not increase in value, the Option you will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described compensation or damages related to Units or Shares in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the Plan. I have read termination of your Employment for any reason whatsoever and understand the Plan, including the provisions whether or not in breach of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------contract.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Dell Technologies Inc), Restricted Stock Unit Agreement (Dell Technologies Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Units evidenced hereby, you acknowledge: expressly acknowledge that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsUnits, or benefits in lieu of optionsUnits; (c) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option Units is an extraordinary item of compensation that is outside the scope of your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) that the Option is Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (g) that the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Section 6 herein (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (h) vesting of the Option Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; and (hi) that the future value of the underlying Option Shares Units is unknown and cannot be predicted with certainty; . In addition, you understand, acknowledge and (i) agree that if the underlying Option Shares do not increase in value, the Option you will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described compensation or damages related to Units or Shares in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the Plan. I have read termination of your Employment for any reason whatsoever and understand the Plan, including the provisions whether or not in breach of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------contract.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Dell Technologies Inc.), Restricted Stock Unit Agreement (Dell Technologies Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Stock Units evidenced hereby, you acknowledge: expressly acknowledge that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Stock Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsStock Units, or benefits in lieu of optionsStock Units; (c) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Stock Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that is outside the scope of your employment contract, if any; (f) that the Option is Stock Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (f) the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Paragraph 6 (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (g) that the vesting of the Option Stock Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; (h) that the future value of the underlying Option Shares Stock Units is unknown and cannot be predicted with certainty; and (i) you understand, acknowledge and agree that if the underlying Option Shares do not increase in value, the Option you will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described compensation or damages related to Stock Units or Shares in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the Plan. I have read termination of your Employment for any reason whatsoever and understand the Plan, including the provisions whether or not in breach of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------contract.

Appears in 2 contracts

Samples: Unit Agreement (Team Inc), Team Inc

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment or service contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersignedStock Plan Administrator. Very truly yours, WATCHGUARD TECHNOLOGIESALLOS THERAPEUTICS, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement /s/ Xxxxxxx X. Xxxx Xxxxxxx X. Xxxx President and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Chief Executive Officer

Appears in 1 contract

Samples: Nonqualified Stock Option Letter Agreement (Allos Therapeutics Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Units evidenced hereby, you acknowledge: expressly acknowledge that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsUnits, or benefits in lieu of optionsUnits; (c) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option Units is an extraordinary item of compensation that is outside the scope of your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) that the Option is Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (g) that the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Paragraph7 (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (h) vesting of the Option Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; (hi) that the future value of the underlying Option Shares Units is unknown and cannot be predicted with certainty; and (ij) you understand, acknowledge and agree that if the underlying Option Shares do not increase in value, the Option you will have no valuerights to compensation or damages related to Units or Shares in consequence of the termination of your Employment for any reason whatsoever and whether or not in breach of contract. Please execute the Acceptance Finally, you also understand, acknowledge and Acknowledgment set forth below on the enclosed copy agree that selling of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the Dell Inc.’s stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy territory of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Russian Federation is prohibited.

Appears in 1 contract

Samples: Stock Unit Agreement (Dell Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Units evidenced hereby, you acknowledge: expressly acknowledge that (ai) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (bii) that the grant of the Option Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsUnits, or benefits in lieu of optionsUnits; (ciii) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (div) that your participation in the Plan is voluntary; (ev) that the value of the Option Units is an extraordinary item of compensation that is outside the scope of your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (fvi) that the Option is Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (gvii) that the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Paragraph7 (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (viii) vesting of the Option Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; (hix) that the future value of the underlying Option Shares Units is unknown and cannot be predicted with certainty; and (ix) you understand, acknowledge and agree that if the underlying Option Shares do not increase in value, the Option you will have no valuerights to compensation or damages related to Units or Shares in consequence of the termination of your Employment for any reason whatsoever and whether or not in breach of contract. Please execute the Acceptance Finally, you also understand, acknowledge and Acknowledgment set forth below on the enclosed copy agree that selling of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the Dell Inc.’s stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy territory of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Russian Federation is prohibited.

Appears in 1 contract

Samples: Stock Unit Agreement (Dell Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Units evidenced hereby, you acknowledge: expressly acknowledge that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsUnits, or benefits in lieu of optionsUnits; (c) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option Units is an extraordinary item of compensation that is outside the scope of your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) that the Option is Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (g) that the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Section 6 herein (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (h) vesting of the Option Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; and (hi) that the future value of the underlying Option Shares Units is unknown and cannot be predicted with certainty; . In addition, you understand, acknowledge and agree that you will Exhibit 10.45 FY25 US PRSU Award Agreement (iPerformance-Based) that if the underlying Option Shares do not increase in value, the Option will 2023 Stock Incentive Plan have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described compensation or damages related to Units or Shares in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the Plan. I have read termination of your Employment for any reason whatsoever and understand the Plan, including the provisions whether or not in breach of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------contract.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Dell Technologies Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of Performance Cash Award granted hereunder, the Option evidenced hereby, you acknowledge: Participant expressly acknowledges that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Performance Cash Award is a one-time benefit that does not create any contractual or other right to receive future grants of optionsPerformance Cash Awards or other Awards under the Plan, or benefits in lieu of optionsPerformance Cash Awards; (c) that all determinations with respect to any such future grantsgrants of Performance Cash Awards, includingif any, but not limited to, including the times when options will be granted, the number of shares subject to each option, the option price, grant date and the time or times when each option will be exercisableapplicable vesting terms, will shall be at the sole discretion of the Committee and/or the Company; (d) that your the Participant’s participation in the Plan is voluntary; (e) that the value of the Option Performance Cash Award is an extraordinary item of compensation that is outside the scope of your the Participant’s employment or consulting contract, if any, and nothing can or must automatically be inferred from such employment or consulting contract or its consequences; and (f) that the Option is grants of Performance Cash Awards are not part of normal or expected compensation for purposes of any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that , the Participant waives any claim on such basis, and for the avoidance of doubt, the Performance Cash Awards shall not constitute an “acquired right” under the applicable law of any jurisdiction. In addition, the Participant hereby waives any claim to continued vesting of the Option ceases upon termination Performance Cash Award or to damages or severance entitlement related to non-continuation of employment or service relationship with the Company for any reason except as may otherwise be explicitly Performance Cash Award beyond the period provided in under the Plan or this Agreement Agreement, except to the extent of any Bluegreen Transaction Incentive Award Form for Employees (Other than Xxxx Xxxx) provision to the contrary in any written employment contract or otherwise permitted by other agreement between the Plan Administrator; (h) that the future value Service Recipient and/or any member of the underlying Option Shares Company Group and the Participant, whether any such agreement is unknown and cannot be predicted with certainty; and (i) that if executed before, on or after the underlying Option Shares do not increase in value, the Option will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy Date of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Grant.

Appears in 1 contract

Samples: Special Transaction Incentive Performance Cash Award Agreement (Hilton Grand Vacations Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (cb) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (ec) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (fd) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (ge) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Change of Control Agreement, the Plan or this Agreement or otherwise permitted by the Plan AdministratorAgreement; (hf) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (ig) that if the underlying Option Shares do not increase in value, the Option will have no value. Employee Data Privacy: By entering this Agreement, you (a) authorize the Company and your employer, if different, and any agent of the Company, to disclose to the Company or any of its affiliates any information and data the Company requests in order to facilitate the grant of the Option; (b) waive any data privacy rights you may have with respect to such information; and (c) authorize the Company and its agents to store and transmit such information in electronic form. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIESPRIMUS KNOWLEDGE SOLUTIONS, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement By: /s/ Xxxxxxx X. Xxxxxx --------------------- Xxxxxxx X. Xxxxxx Its: President and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Chief Executive Officer

Appears in 1 contract

Samples: Primus Knowledge Solutions Inc

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorAgreement; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute DATED as of the Acceptance and Acknowledgment Date of Grant set forth below on the enclosed copy of this Agreement and return it to the undersignedabove. Very truly yoursLEGEND OIL AND GAS, WATCHGUARD TECHNOLOGIES, INCLTD. By -------------------------------- Its ------------------------------- By: Its: Name: ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge BY PARTICIPANT: Participant acknowledges receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read Participant has reviewed the Plan and understand this Agreement in their entirety, has had an opportunity to obtain the Plan, including the advice of counsel prior to executing this Agreement and fully understands all provisions of Section 15.3the Plan and this Agreement. DatedParticipant acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the Shares and that Participant should consult a tax adviser prior to any such exercise or disposition. Participant accepts this Option subject to all of the terms and provisions of the Plan and this Agreement. PARTICIPANT: --------------------------- ------------------------------------------ (Signature) (Print Name)) Address -----------------------------------Date signed: EXHIBIT A NOTICE OF EXERCISE OF STOCK OPTION Legend Oil and Gas, Ltd. 0000 Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: President

Appears in 1 contract

Samples: Form of Stock Option Agreement (Legend Oil & Gas, Ltd.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option evidenced herebyPerformance Cash Award hereunder, you acknowledge: the Participant expressly acknowledges that (aA) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (bB) that the grant of the Option Performance Cash Award is a one-time benefit that does not create any contractual or other right to receive future grants of optionsPerformance Cash Awards or other Awards under the Plan, or benefits in lieu of optionsthe Performance Cash Awards; (cC) that all determinations with respect to any such future grantsgrants of Performance Cash Awards, includingif any, but not limited to, including the times when options will be granted, the number of shares subject to each option, the option price, grant date and the time or times when each option will be exercisableapplicable vesting terms, will shall be at the sole discretion of the Committee and/or the Company; (dD) that your the Participant’s participation in the Plan is voluntary; (eE) that the value of the Option Performance Cash Award is an extraordinary item of compensation that is outside the scope of your the Participant’s employment or consulting contract, if any, and nothing can or must automatically be inferred from such employment or consulting contract or its consequences; (fF) that the Option is grants of Performance Cash Awards are not part of normal or expected compensation for purposes of any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, the Participant waives any claim on such basis, and for the avoidance of doubt, the Performance Cash Awards shall not constitute an “acquired right” under the applicable law of any jurisdiction; and (gG) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares Performance Cash Award is unknown and cannot be predicted Bluegreen Transaction Incentive Award Form for Mark Xxxx xxedicted with certainty; and (i) that if the underlying Option Shares do not increase in value. In addition, the Option will have no value. Please execute Participant hereby waives any claim to continued vesting of the Acceptance and Acknowledgment set forth below on Performance Cash Award or to damages or severance entitlement related to non-continuation of the enclosed copy of this Agreement and return it to Performance Cash Award beyond the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept period provided under the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of Plan or this Agreement, except to the Plan Summary and a copy extent of any provision to the contrary in any written employment contract or other agreement between the Service Recipient and/or any member of the Plan. I have read Company Group and understand the PlanParticipant, including whether any such agreement is executed before, on or after the provisions Date of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Grant.

Appears in 1 contract

Samples: Hilton Grand Vacations Inc.

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorAgreement; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute DATED as of the Acceptance and Acknowledgment Date of Grant set forth below on the enclosed copy of this Agreement and return it to the undersignedabove. Very truly yours, WATCHGUARD TECHNOLOGIESPACIFIC BIOMETRICS, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of By: ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge __________ Its: _____________________________ Name:_____________________________ Acceptance by Participant: Participant acknowledges receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read Participant has reviewed the Plan and understand this Agreement in their entirety, has had an opportunity to obtain the Plan, including the advice of counsel prior to executing this Agreement and fully understands all provisions of Section 15.3the Plan and this Agreement. DatedParticipant acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the Shares and that Participant should consult a tax adviser prior to any such exercise or disposition. Participant accepts this Option subject to all of the terms and provisions of the Plan and this Agreement. __________________________________ (Signature) Date signed:__________________________ EXHIBIT A NOTICE OF EXERCISE OF STOCK OPTION Pacific Biometrics, Inc. 000 Xxxx Xxxxxxxx Xxxxxx Seattle, WA 98119 Attn: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Secretary

Appears in 1 contract

Samples: Stock Option Agreement (Pacific Biometrics Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Acceptance and Acknowledgement. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. By signing the following, you understand that as of the Grant Date, this Agreement and the Plan set forth the entire understanding between you and the Company regarding the Option and supersede all prior oral and written agreements on the subject. Very truly yours, WATCHGUARD TECHNOLOGIESXxxxxXxxxxx.xxx, INC. Inc. By -------------------------------- /s/ Xxx Xxxxxx Xxx Xxxxxx Its ------------------------------- Chief Executive Officer ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________the State of , accept the stock option Option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary Agreement and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Taxpayer I.D. Number

Appears in 1 contract

Samples: www.sec.gov

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersignedStock Plan Administrator. Very truly yours, WATCHGUARD TECHNOLOGIESALLOS THERAPEUTICS, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT IBy: /s/ Xxxx X. Xxxxxxxx Xxxx X. Xxxxxxxx Vice President, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------General Counsel

Appears in 1 contract

Samples: Letter Agreement (Allos Therapeutics Inc)

AutoNDA by SimpleDocs

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the this Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the this Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the this Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the this Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the this Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Xxxxxxxxxxx X. Xxxxx Its ------------------------------- President and Chief Executive Officer ACCEPTANCE AND ACKNOWLEDGMENT I, ((Namename)), a resident of the State of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ----------------------------------------- ((Namename)) Address --------------------------------------------------------------------

Appears in 1 contract

Samples: Watchguard Technologies Inc

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- ----------------------------------------- Xxxxxxxxxxx X. Xxxxx Its ------------------------------- President and Chief Executive Officer ACCEPTANCE AND ACKNOWLEDGMENT I, ((NameFirstName)) ((LastName)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.311.3. Dated: --------------------------- ------------------------------------------ ----------------------------------------- ((NameFirstName)) ((LastName)) Address --------------------------------------------------------------------

Appears in 1 contract

Samples: Watchguard Technologies Inc

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ----------------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((NameFirstName)) ((LastName)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.311.3. Dated: --------------------------- ------------------------------------------ ----------------------------------------- ((NameFirstName)) ((LastName)) Address --------------------------------------------------------------------

Appears in 1 contract

Samples: Watchguard Technologies Inc

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorAgreement; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute DATED as of the Acceptance and Acknowledgment Date of Grant set forth below on the enclosed copy of this Agreement and return it to the undersignedabove. Very truly yours, WATCHGUARD TECHNOLOGIESPACIFIC BIOMETRICS, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of By: ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge ____________ Its: _______________________________ Name:_______________________________ Acceptance by Participant: Participant acknowledges receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read Participant has reviewed the Plan and understand this Agreement in their entirety, has had an opportunity to obtain the Plan, including the advice of counsel prior to executing this Agreement and fully understands all provisions of Section 15.3the Plan and this Agreement. DatedParticipant acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the Shares and that Participant should consult a tax adviser prior to any such exercise or disposition. Participant accepts this Option subject to all of the terms and provisions of the Plan and this Agreement. PARTICIPANT: --------------------------- ------------------------------------------ ____________________________________ (Signature) ____________________________________ (Print Name)) Address -----------------------------------Date signed:__________________________ EXHIBIT A NOTICE OF EXERCISE OF STOCK OPTION Pacific Biometrics, Inc. 220 West Harrison Street Seattle, WA 98119 Attn: Secretary

Appears in 1 contract

Samples: Stock Option Agreement (Pacific Biometrics Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIESALLOS THERAPEUTICS, INC. By -------------------------------- Its ------------------------------- Xxxxxxx X. Xxxx President and Chief Executive Officer ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________the State of , accept the stock option Option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, [the Plan Summary Summary] and a copy of the Plan. I have read and understand the Plan. Dated «Name» «Address» «City», including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------«State» «Zip» Taxpayer I.D. Number

Appears in 1 contract

Samples: Incentive Stock Option Letter Agreement (Allos Therapeutics Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorAgreement; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute DATED as of the Acceptance and Acknowledgment Date of Grant set forth below on the enclosed copy of this Agreement and return it to the undersignedabove. Very truly yoursLEGEND OIL AND GAS, WATCHGUARD TECHNOLOGIES, INCLTD. By -------------------------------- Its ------------------------------- By: Its: Name: ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge BY PARTICIPANT: Participant acknowledges receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read Participant has reviewed the Plan and understand this Agreement in their entirety, has had an opportunity to obtain the Plan, including the advice of counsel prior to executing this Agreement and fully understands all provisions of Section 15.3the Plan and this Agreement. DatedParticipant acknowledges that there may be adverse tax consequences upon exercise of the Option or disposition of the Shares and that Participant should consult a tax adviser prior to any such exercise or disposition. Participant accepts this Option subject to all of the terms and provisions of the Plan and this Agreement. PARTICIPANT: --------------------------- ------------------------------------------ (Signature) (Print Name)) Address -----------------------------------Date signed: EXHIBIT A NOTICE OF EXERCISE OF STOCK OPTION Legend Oil and Gas, Ltd. 0000 Xxxxx Xxxxxx, Xxxxx 0000 Xxxxxxx, XX 00000 Attn: Xxxxx Xxxxxxxxx

Appears in 1 contract

Samples: – Stock Option Agreement (Legend Oil & Gas, Ltd.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersignedStock Plan Administrator. Very truly yours, WATCHGUARD TECHNOLOGIESALLOS THERAPEUTICS, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement Xxxxxxx X. Xxxx President and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------Chief Executive Officer

Appears in 1 contract

Samples: Stock Option Letter Agreement (Allos Therapeutics Inc)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option evidenced herebyPerformance Shares contemplated hereunder, you acknowledge: the Participant expressly acknowledges that (a) that the Plan is established voluntarily by the Company, it is discretionary in nature and may be suspended or terminated by the Company at any time, to the extent permitted by the Plan; (b) that the grant of the Option Performance Shares is a one-time benefit that exceptional, voluntary and occasional and does not create any contractual or other right to receive future grants of optionsPerformance Shares, or benefits in lieu of optionsPerformance Shares, even if Performance Shares have been granted in the past; (c) that all determinations with respect to any such future grantsgrants of Performance Shares, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Shares granted and the time or times when each option will be exercisableapplicable vesting terms, will be at the sole discretion of the Company; (d) that your the Participant’s participation in the Plan is voluntaryvoluntary and not a condition of employment, and the Participant may decline to accept the Performance Shares without adverse consequences to the Participant’s continued employment with the Company Group; (e) that the value of the Option Performance Shares is an extraordinary item of compensation that is outside the scope of your the Participant’s employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) that grants of Performance Shares, and the Option is income from and value of same, are not part of normal or expected compensation for purposes of any purpose and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, the Participant waives any claim on such basis, and for the avoidance of doubt, the Performance Shares will not constitute an “acquired right” under the applicable law of any jurisdiction; and (g) that the vesting of the Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value. In addition, the Option Participant understands, acknowledges and agrees that the Participant will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described compensation or damages related to Performance Share proceeds in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the Plan. I have read termination of the Participant’s employment for any reason whatsoever and understand the Plan, including the provisions whether or not in breach of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------contract.

Appears in 1 contract

Samples: Performance Share Agreement (Hilton Worldwide Holdings Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into accepting this Agreement and accepting the grant of the Option Units evidenced hereby, you acknowledge: expressly acknowledge that (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Option Units is a one-time benefit that does not create any contractual or other right to receive future grants of optionsUnits, or benefits in lieu of optionsUnits; (c) that all determinations with respect to any such future grants, includingif any, but not limited to, including the times when options will be grantedgrant date, the number of shares subject to each option, the option price, Units granted and the time or times when each option will be exercisablevesting dates, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the Option Units is an extraordinary item of compensation that is outside the scope of your employment contract, if any, and nothing can or must automatically be inferred from such employment contract or its consequences; (f) that the Option is Units are not part of normal or expected compensation for purposes of any purpose, and are not to be used for calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments, and you waive any claim on such basis; (g) that the grant of an equity interest in the Company gives rise to the Company’s need (on behalf of itself and its stockholders) to protect itself from Conduct Detrimental to the Company, and your promises described in Section 6 herein (Return of Share Value) above are designed to protect the Company and its stockholders from Conduct Detrimental to the Company; (h) vesting of the Option Units ceases upon termination of employment or service relationship with the Company Employment for any reason except as may otherwise be explicitly provided in the Plan document or in this Agreement or otherwise permitted by the Plan AdministratorAgreement; and (hi) that the future value of the underlying Option Shares Units is unknown and cannot be predicted with certainty; . In addition, you understand, acknowledge and (i) agree that if the underlying Option Shares do not increase in value, the Option you will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it rights to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described compensation or damages related to Units or Shares in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy consequence of the termination of your Employment for any reason whatsoever and whether or not in breach of contract. Exhibit 10.44 FY25 US Time-Based Award Agreement (Time-Based) 2023 Stock Incentive Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Dell Technologies Inc.)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and In accepting the grant of the Option evidenced herebyAward, you acknowledge: , understand and agree that (a) that the Plan is established voluntarily by the Company, it is discretionary in nature nature, and may be amended, suspended or terminated by the Company at any time; (b) that the grant of the Option Award is a one-time benefit that voluntary and occasional and does not create any contractual or other right to receive future grants of optionsAwards, or benefits in lieu of optionsAwards, even if have been granted repeatedly in the past; (c) that all determinations decisions with respect to any such future Award grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisableif any, will be at the sole discretion of the Company; (d) that your participation you are voluntarily participating in the Plan is voluntaryPlan; (e) the Award and any Shares acquired under the Plan are extraordinary items that do not constitute compensation of any kind for services of any kind rendered to the value of the Option is an extraordinary item of compensation that Company, and which is outside the scope of your employment service contract, if any; (f) that the Option is Award and any Shares acquired under the Plan are not intended to replace any compensation; (g) the Award and any Shares acquired under the Plan are not part of normal or expected compensation for purposes of any purposes, including, but not limited to, calculating any severance, resignation, termination, redundancy, dismissal, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the Option ceases upon termination of employment payments and in no event should be considered as compensation for, or service relationship with relating in any way to, past services for the Company for or any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan AdministratorRelated Company; (h) that the future value of the underlying Option Shares Award is unknown and cannot be predicted with certainty; and (i) that no claim or entitlement to compensation or damages shall arise from forfeiture of the Award resulting from your Termination of Service by the Company or a Related Company (for any reason whatsoever and whether or not in breach of local laws) and in consideration of the grant of the Award to which you are otherwise not entitled, you irrevocably agree never to institute any claim against the Company or any Related Company, waive your ability, if any, to bring any such claim, and release the underlying Option Shares do not increase in valueCompany or any Related Company from any such claim; if, notwithstanding the Option will have no value. Please execute the Acceptance and Acknowledgment set forth below on the enclosed copy foregoing, any such claim is allowed by a court of this Agreement and return it to the undersigned. Very truly yourscompetent jurisdiction, WATCHGUARD TECHNOLOGIESthen, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Name)), a resident of ___________________, accept the stock option described in this Agreement and by participating in the Plan, you shall be deemed irrevocably to have agreed not to pursue such claim and acknowledge receipt agree to execute any and all documents necessary to request dismissal or withdrawal of a copy such claims; (j) in the event of this Agreementyour Termination of Service (whether or not in breach of local laws), your right to vest in the Plan Summary and a copy of the Plan. I have read and understand Award under the Plan, including if any, will terminate effective as of the provisions date that you are no longer actively retained and will not be extended by any notice period mandated under local law; and (k) the Award and the benefits under the Plan, if any, will not automatically transfer to another company in the case of Section 15.3. Dated: --------------------------- ------------------------------------------ ((Name)) Address -----------------------------------a merger, take-over or transfer of liability.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Jones Soda Co)

Limitation on Rights; No Right to Future Grants; Extraordinary Item of Compensation. By entering into this Agreement and accepting the grant of the Option evidenced hereby, you acknowledge: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the this Option is a one-time benefit that which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when options will be granted, the number of shares subject to each option, the option price, and the time or times when each option will be exercisable, will be at the sole discretion of the Company; (d) that your participation in the Plan is voluntary; (e) that the value of the this Option is an extraordinary item of compensation that which is outside the scope of your employment contract, if any; (f) that the this Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments; (g) that the vesting of the this Option ceases upon termination of employment or service relationship with the Company for any reason except as may otherwise be explicitly provided in the Plan or this Agreement or otherwise permitted by the Plan Administrator; (h) that the future value of the underlying Option Shares is unknown and cannot be predicted with certainty; and (i) that if the underlying Option Shares do not increase in value, the this Option will have no value. Please execute the following Acceptance and Acknowledgment set forth below on the enclosed copy of this Agreement and return it to the undersigned. Very truly yours, WATCHGUARD TECHNOLOGIES, INC. By -------------------------------- Its ------------------------------- ACCEPTANCE AND ACKNOWLEDGMENT I, ((Namename)), a resident of the State of ___________________, accept the stock option described in this Agreement and in the Plan, and acknowledge receipt of a copy of this Agreement, the Plan Summary and a copy of the Plan. I have read and understand the Plan, including the provisions of Section 15.3. Dated: --------------------------- ------------------------------------------ ----------------------------------------- ((Namename)) Address --------------------------------------------------------------------

Appears in 1 contract

Samples: Watchguard Technologies Inc

Time is Money Join Law Insider Premium to draft better contracts faster.