Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ case, the acquisition of Shares does not, in any way establish an employment relationship between Participant and the Company since Participant is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicable, nor does it establish any rights between Participant and the Employer. By accepting the RSU award, Participant acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, Participant hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 5 contracts
Sources: Restricted Stock Unit Agreement (Danaher Corp /De/), Restricted Stock Unit Agreement (Danaher Corp /De/), Restricted Stock Unit Agreement (Danaher Corp /De/)
Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America▇▇ ▇▇▇▇▇▇▇, is solely responsible for the administration of the Plan and participation in the Plan and, in ParticipantOptionee’ case, the acquisition of Shares does not, in any way establish an employment relationship between Participant Optionee and the Company since Participant Optionee is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing ParticipantOptionee, as applicable, nor does it establish any rights between Participant Optionee and the Employer. By accepting the RSU awardOption grant, Participant Optionee acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUsGrant, Section 15 18 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries are not responsible for any decrease in the value of the Shares underlying the RSUsOption. Finally, Participant Optionee hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 5 contracts
Sources: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/)
Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liabilityliability to the Participant. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇ ▇▇▇, ▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America, ▇▇ ▇▇▇▇▇▇▇ is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ case, or the acquisition of Shares does not, in any way way, establish an employment or other service relationship between the Participant and the Company since the Participant is participating in the Plan on a wholly commercial basis and the sole employer is a Mexican legal entity that employs the Subsidiary employing Participant, as applicableParticipant and to which he/she is subordinated, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting the RSU awardAward, the Participant acknowledges that he or she has received copies a copy of the Plan, has reviewed the Plan and the Award Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Award Agreement. In addition, by signing the Agreement, The Participant further acknowledges that he or she has having read and specifically and expressly approves approved the terms and conditions in the Nature of RSUs, Section 15 5 of the Award Agreement, in which the following is clearly described and established: (ia) participation in the Plan does not constitute an acquired right; (iib) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iiic) participation in the Plan is voluntary; and (ivd) the Company and its Subsidiaries Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsAward. Finally, the Participant hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and the Participant therefore grants a full and broad release to the Employer and the Company and (including its Subsidiaries Affiliates) with respect to any claim that may arise under the Plan.
Appears in 4 contracts
Sources: Share Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, Inc.)
Policy Statement. The invitation Award of Options the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S.A., is solely responsible for the administration of the Plan and participation in the Plan and the acquisition of Shares does not, in any way, establish an employment relationship between you and the Company since you are participating in the Plan on a wholly commercial basis and the sole Employer is Administración de Comidas Rapidas SA de CV, located at Monte ▇▇▇▇▇▇ ▇▇. ▇▇▇, ▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ case, the acquisition of Shares does not, in any way establish an employment relationship between Participant and the Company since Participant is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicable, Mexico 11570 nor does it establish any rights between Participant you and the Employer. Plan Document Acknowledgment. By accepting the RSU awardthis Option, Participant acknowledges you acknowledge that he or she has you have received copies of the Plan, has have reviewed the Plan and the Award Agreement in their entirety and fully understands understand and accepts accept all provisions of the Plan and the Award Agreement. In addition, by signing accepting the Award Agreement, Participant you further acknowledges acknowledge that he or she has you have read and specifically and expressly approves approve the terms and conditions in the Nature of RSUs, Section 15 of the Award Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries any Subsidiary or Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsthis Option. Finally, Participant you hereby declares declare that he or she does you do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of your participation in the Plan and therefore grants grant a full and broad release to the Employer and Employer, the Company and its Subsidiaries any Subsidiary or Affiliate with respect to any claim that may arise under the Plan.
Appears in 2 contracts
Sources: Matching Option Award Agreement (Burger King Worldwide, Inc.), Option Award Agreement (Burger King Worldwide, Inc.)
Policy Statement. The invitation Award of Options the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ U.S.A., is solely responsible for the administration of the Plan and participation in the Plan and the acquisition of Shares does not, in any way, establish an employment relationship between you and the Company since you are participating in the Plan on a wholly commercial basis and the sole Employer is Administración de Comidas Rapidas SA de CV, located at ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇. ▇▇▇, ▇▇▇▇ ▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ case, the acquisition of Shares does not, in any way establish an employment relationship between Participant and the Company since Participant is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicable, Mexico 11570 nor does it establish any rights between Participant you and the Employer. Plan Document Acknowledgment. By accepting the RSU awardthis Option, Participant acknowledges you acknowledge that he or she has you have received copies of the Plan, has have reviewed the Plan and the Award Agreement in their entirety and fully understands understand and accepts accept all provisions of the Plan and the Award Agreement. In addition, by signing accepting the Award Agreement, Participant you further acknowledges acknowledge that he or she has you have read and specifically and expressly approves approve the terms and conditions in the Nature of RSUs, Section 15 of the Award Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries any Subsidiary or Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsthis Option. Finally, Participant you hereby declares declare that he or she does you do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of your participation in the Plan and therefore grants grant a full and broad release to the Employer and Employer, the Company and its Subsidiaries any Subsidiary or Affiliate with respect to any claim that may arise under the Plan.. Options
Appears in 2 contracts
Sources: Option Award Agreement (Burger King Worldwide, Inc.), Option Award Agreement (Burger King Worldwide, Inc.)
Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ case, the acquisition of Shares does not, in any way establish an employment relationship between Participant and the Company since Participant is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicable, nor does it establish any rights between Participant and the Employer. By accepting the RSU PSU award, Participant acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUsPSUs, Section 15 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries are not responsible for any decrease in the value of the Shares underlying the RSUsPSUs. Finally, Participant hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 1 contract
Sources: Performance Stock Unit Agreement (Danaher Corp /De/)
Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇Beaverton OR, ▇▇▇▇▇ ▇▇▇▇97005, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of AmericaU.S.A., is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ the Optionee’s case, the acquisition of Shares shares does not, in any way way, establish an employment relationship between Participant the Optionee and the Company since Participant the Optionee is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicablebasis, nor does it establish any rights between Participant the Optionee and the Employer. Plan Document Acknowledgment. By accepting the RSU awardOption, Participant the Optionee acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing accepting the AgreementOption, Participant the Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 3 of the AgreementAdditional Terms for All Non-U.S. Optionees in this Appendix, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries parent, subsidiaries and affiliates are not responsible for any decrease in the value of the Shares shares underlying the RSUsOption. Finally, Participant the Optionee hereby declares that he or she does do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries parent, subsidiaries and affiliates with respect to any claim that may arise under the Plan.
Appears in 1 contract
Policy Statement. The invitation grant of the RSUs the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation Plan. Participation in the Plan and, in Participant’ case, and the acquisition of Shares under the Plan does not, in any way establish an employment relationship between the Participant and the Company since the Participant is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. By accepting participating in the RSU awardPlan, Participant acknowledges that he or she has received copies of the PlanPlan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts accept all provisions of the Plan and the Agreement. In addition, by signing participating in the AgreementPlan, the Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 17 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, the Participant hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 1 contract
Sources: Restricted Stock Unit Agreement (Danaher Corp /De/)
Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇Beaverton OR, ▇▇▇▇▇ ▇▇▇▇97005, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of AmericaU.S.A., is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ the Optionee’s case, the acquisition of Shares shares does not, in any way way, establish an employment relationship between Participant the Optionee and the Company since Participant the Optionee is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicablebasis, nor does it establish any rights between Participant the Optionee and the Employer. Plan Document Acknowledgment. By accepting the RSU awardOption, Participant the Optionee acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing accepting the AgreementOption, Participant the Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 3 of the AgreementAdditional Terms For All Non-U.S. Optionees in this Appendix, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries parent, subsidiaries and affiliates are not responsible for any decrease in the value of the Shares shares underlying the RSUsOption. Finally, Participant the Optionee hereby declares that he or she does do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries parent, subsidiaries and affiliates with respect to any claim that may arise under the Plan.. 6557803-v18\GESDMS
Appears in 1 contract
Policy Statement. The invitation RSUs grant the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇, ▇▇ of America▇▇, ▇▇▇▇▇▇▇, is solely responsible for the administration of the Plan Plan, and participation in the Plan and, in Participant’ case, and the acquisition grant of Shares the RSUs does not, in any way way, establish an employment relationship between Participant the Associate and the Company since Participant the Associate is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicable[INSERT NAME OF SUBSIDIARY(IES) IN MEXICO], nor does it establish any rights between Participant the Associate and the Employer. Plan Document Acknowledgment. By accepting the RSU awardRSUs, Participant the Associate acknowledges that he or she the Associate has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety entirety, and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing the Agreement, Participant Associate further acknowledges that he or she the Associate has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 Sections 2.2 and 4.1 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company Company, any Subsidiary and its Subsidiaries the Employer are not responsible for any decrease in the value of the Shares underlying acquired upon vesting of the RSUs. Finally, Participant the Associate hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of the Associate’s participation in the Plan and therefore grants grant a full and broad release to the Employer and Employer, the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 1 contract
Sources: Restricted Share Units Award Agreement (Willis Group Holdings PLC)
Policy Statement. The invitation the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇Beaverton OR, ▇▇▇▇▇ ▇▇▇▇97005, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of AmericaU.S.A., is solely responsible for the administration of the Plan and participation in the Plan and, in Participant’ the Recipient’s case, the acquisition of Shares does not, in any way way, establish an employment relationship between Participant the Recipient and the Company since Participant the Recipient is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participant, as applicablebasis, nor does it establish any rights between Participant the Recipient and the Employer. 6582501-v9\GESDMS Plan Document Acknowledgment. By accepting the RSU awardRSUs, Participant the Recipient acknowledges that he or she has received copies of the Plan, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts all provisions of the Plan and the Agreement. In addition, by signing accepting the AgreementRSUs, Participant the Recipient further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature Section 1 of RSUs, Section 15 of the AgreementAppendix A, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries any parent or subsidiary corporation are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, Participant the Recipient hereby declares that he or she does do not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries any parent or subsidiary corporation with respect to any claim that may arise under the Plan.
Appears in 1 contract
Policy Statement. The invitation grant of the RSUs the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇Blvd, ▇▇Suite 600, ▇▇▇▇▇ ▇▇▇▇Raleigh, ▇▇▇▇▇▇▇▇▇▇NC 27607, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ United States of America, is solely responsible for the administration of the Plan and participation Plan. Participation in the Plan and, in Participant’ case, and the acquisition of the Shares under the Plan does not, not in any way establish an employment relationship between the Participant and the Company since the Participant is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. By accepting participating in the RSU awardPlan, the Participant acknowledges that he or she has received copies of the PlanPlan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts accept all provisions of the Plan and the Agreement. In addition, by signing participating in the AgreementPlan, the Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 8 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, the Participant hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 1 contract
Policy Statement. The invitation grant of the Option the Company is making under the Plan is unilateral and discretionary and, therefore, the Company reserves the absolute right to amend it and discontinue it at any time without any liability. The Company, with registered offices at ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇, ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ of America▇▇ ▇▇▇▇▇▇▇, is solely responsible for the administration of the Plan and participation Plan. Participation in the Plan and, in Participant’ case, the acquisition of Shares under the Plan does not, in any way establish an employment relationship between Participant the Optionee and the Company since Participant the Optionee is participating in the Plan on a wholly commercial basis and the sole employer is the Subsidiary employing Participantthe Optionee, as applicable, nor does it establish any rights between Participant the Optionee and the Employer. By accepting participating in the RSU awardPlan, Participant the Optionee acknowledges that he or she has received copies of the PlanPlan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accepts accept all provisions of the Plan and the Agreement. In addition, by signing participating in the AgreementPlan, Participant the Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of RSUs, Section 15 18 of the Agreement, in which the following is clearly described and established: (i) participation in the Plan does not constitute an acquired right; (ii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (iii) participation in the Plan is voluntary; and (iv) the Company and its Subsidiaries are not responsible for any decrease in the value of the Shares underlying the RSUsOption. Finally, Participant the Optionee hereby declares that he or she does not reserve any action or right to bring any claim against the Company for any compensation or damages as a result of participation in the Plan and therefore grants a full and broad release to the Employer and the Company and its Subsidiaries with respect to any claim that may arise under the Plan.
Appears in 1 contract