Common use of Policy Statement Clause in Contracts

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 to the Participant. The Company, with registered offices at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ is solely responsible for the administration of the Plan and participation in the Plan or the acquisition of Shares does not, in any 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 Participant 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 Award, the Participant acknowledges that he or she has received 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. The Participant further acknowledges that having read and specifically and expressly approved the terms and conditions in the Section 9 of the Award Agreement, in which the following is clearly described and established: (a) participation in the Plan does not constitute an acquired right; (b) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (c) participation in the Plan is voluntary; and (d) the Company and its Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, the Participant 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 (including its Affiliates) with respect to any claim that may arise under the Plan.

Appears in 4 contracts

Sources: Restricted Stock Unit Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, 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 to the Participant. The Company, with registered offices at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ is solely responsible for the administration of the Plan and participation in the Plan or the acquisition of Shares does not, in any 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 Participant 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 AwardOptions, the Participant acknowledges that he or she has received 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. The Participant further acknowledges that having read and specifically and expressly approved the terms and conditions in the Section 9 of the Award Agreement, in which the following is clearly described and established: (a) participation in the Plan does not constitute an acquired right; (b) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (c) participation in the Plan is voluntary; and (d) the Company and its Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsOptions. Finally, the Participant 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 (including its Affiliates) with respect to any claim that may arise under the Plan.

Appears in 4 contracts

Sources: Option Award Agreement (First Solar, Inc.), Option Award Agreement (First Solar, Inc.), Option Award Agreement (First Solar, Inc.)

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 to the Participantliability. The Company, with registered offices at ▇▇▇ ▇▇▇▇ ▇▇▇. ▇▇▇▇▇▇▇ ▇▇▇▇▇▇Blvd., ▇▇▇▇▇ ▇▇▇Building E, ▇▇▇▇▇Brea, ▇▇▇▇▇▇▇ ▇▇▇▇▇California 92821, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ is solely responsible for the administration of the Plan and participation Plan. Participation in the Plan or and the acquisition of Shares under the Plan 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 Participant’s sole employer is a Mexican legal entity that employs the Participant and to which he/she is subordinatedSubsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting participating in the AwardPlan, the Participant acknowledges that he or she has received a copy copies of the PlanPlan and the Agreement, has reviewed the Plan and the Award Agreement in their entirety and fully understands and accepts accept all provisions of the Plan and the Award Agreement. The In addition, by participating in the Plan, the Participant further acknowledges that having he or she has read and specifically and expressly approved approves the terms and conditions in the Section 9 17 of the Award Agreement, in which the following is clearly described and established: (ai) participation in the Plan does not constitute an acquired right; (bii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (ciii) participation in the Plan is voluntary; and (div) the Company and its Affiliates 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 the Participant therefore grants a full and broad release to the Employer and the Company (including and its Affiliates) Subsidiaries with respect to any claim that may arise under the Plan.

Appears in 3 contracts

Sources: Restricted Stock Unit Agreement (Envista Holdings Corp), Restricted Stock Unit Agreement (Envista Holdings Corp), Restricted Stock Unit Agreement (Envista Holdings Corp)

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 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 or the acquisition of Shares does not, in any 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 Participant 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 AwardOptions, the Participant acknowledges that he or she has received 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. The Participant further acknowledges that having read and specifically and expressly approved the terms and conditions in the Section 9 of the Award Agreement, in which the following is clearly described and established: (a) participation in the Plan does not constitute an acquired right; (b) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (c) participation in the Plan is voluntary; and (d) the Company and its Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsOptions. Finally, the Participant 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 (including its Affiliates) with respect to any claim that may arise under the Plan.

Appears in 3 contracts

Sources: Option Award Agreement (First Solar, Inc.), Option Award Agreement (First Solar, Inc.), Option Award Agreement (First Solar, 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 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 or the acquisition of Shares does not, in any 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 Participant 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 Award, the Participant acknowledges that he or she has received 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. The Participant further acknowledges that having read and specifically and expressly approved the terms and conditions in the Section 9 5 of the Award Agreement, in which the following is clearly described and established: (a) participation in the Plan does not constitute an acquired right; (b) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (c) participation in the Plan is voluntary; and (d) the Company and its Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsAward. Finally, the Participant 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 (including its Affiliates) with respect to any claim that may arise under the Plan.

Appears in 3 contracts

Sources: Share Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, Inc.), Share Award Agreement (First Solar, 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 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 or the acquisition of Shares does not, in any 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 Participant 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 Award, the Participant acknowledges that he or she has received 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. The Participant further acknowledges that having read and specifically and expressly approved the terms and conditions in the Section 9 of the Award Agreement, in which the following is clearly described and established: (a) participation in the Plan does not constitute an acquired right; (b) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (c) participation in the Plan is voluntary; and (d) the Company and its Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, the Participant 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 (including its Affiliates) with respect to any claim that may arise under the Plan.

Appears in 3 contracts

Sources: Restricted Stock Unit Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, Inc.), Restricted Stock Unit Award Agreement (First Solar, 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 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 or the acquisition of Shares does not, in any 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 Participant 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 Award, the Participant acknowledges that he or she has received 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. The Participant further acknowledges that having read and specifically and expressly approved the terms and conditions in the Section 9 8 of the Award Agreement, in which the following is clearly described and established: (a) participation in the Plan does not constitute an acquired right; (b) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (c) participation in the Plan is voluntary; and (d) the Company and its Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUsPerformance Units. Finally, the Participant 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 (including its Affiliates) with respect to any claim that may arise under the Plan.

Appears in 3 contracts

Sources: Performance Unit Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, Inc.), Performance Unit Award Agreement (First Solar, 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 to the Participantliability. The Company, with registered offices at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ Beaverton OR, 97005, U.S.A., is solely responsible for the administration of the Plan and participation in the Plan or and, in the Participant’s case, the acquisition of Shares does not, in any 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 Participant and to which he/she is subordinatedbasis, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting the AwardRSUs, the Participant acknowledges that he or she has received a copy copies 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. The In addition, by accepting the RSUs, the Participant further acknowledges that having he or she has read and specifically and expressly approved approves the terms and conditions in the Section 9 1 of the Award AgreementAppendix A, in which the following is clearly described and established: (ai) participation in the Plan does not constitute an acquired right; (bii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (ciii) participation in the Plan is voluntary; and (div) the Company and its Affiliates any parent or subsidiary corporation 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 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 the Participant therefore grants a full and broad release to the Employer and the Company (including its Affiliates) and any parent or subsidiary corporation with respect to any claim that may arise under the Plan.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Nike 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 to the Participantliability. The Company, with registered offices at 2▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation in the Plan or and, in Participant’ case, 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 Participant and to which he/she is subordinatedSubsidiary employing Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting the AwardRSU award, the Participant acknowledges that he or she has received a copy copies 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. The In addition, by signing the Agreement, Participant further acknowledges that having he or she has read and specifically and expressly approved approves the terms and conditions in the Nature of RSUs, Section 9 17 of the Award Agreement, in which the following is clearly described and established: (ai) participation in the Plan does not constitute an acquired right; (bii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (ciii) participation in the Plan is voluntary; and (div) the Company and its Affiliates 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 the Participant therefore grants a full and broad release to the Employer and the Company (including and its Affiliates) 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 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 to the Participantliability. The Company, with registered offices at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation Plan. Participation in the Plan or and the acquisition of the Shares under the Plan does not, 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 Participant’s sole employer is a Mexican legal entity that employs the Participant and to which he/she is subordinatedSubsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting participating in the AwardPlan, the Participant acknowledges that he or she has received a copy copies of the PlanPlan and the Agreement, has reviewed the Plan and the Award Agreement in their entirety and fully understands and accepts accept all provisions of the Plan and the Award Agreement. The In addition, by participating in the Plan, the Participant further acknowledges that having he or she has read and specifically and expressly approved approves the terms and conditions in the Section 9 8 of the Award Agreement, in which the following is clearly described and established: (ai) participation in the Plan does not constitute an acquired right; (bii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (ciii) participation in the Plan is voluntary; and (div) the Company and its Affiliates 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 the Participant therefore grants a full and broad release to the Employer and the Company (including and its Affiliates) Subsidiaries with respect to any claim that may arise under the Plan.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Vontier Corp)

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 to the Participantliability. The Company, with registered offices at ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇.▇., ▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇▇▇ of America, is solely responsible for the administration of the Plan and participation in the Plan or and, in Participant’ case, 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 Participant and to which he/she is subordinatedSubsidiary employing Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment. By accepting the AwardRSU award, the Participant acknowledges that he or she has received a copy copies 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. The In addition, by signing the Agreement, Participant further acknowledges that having he or she has read and specifically and expressly approved approves the terms and conditions in the Nature of RSUs, Section 9 15 of the Award Agreement, in which the following is clearly described and established: (ai) participation in the Plan does not constitute an acquired right; (bii) the Plan and participation in the Plan is offered by the Company on a wholly discretionary basis; (ciii) participation in the Plan is voluntary; and (div) the Company and its Affiliates 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 the Participant therefore grants a full and broad release to the Employer and the Company (including and its Affiliates) Subsidiaries with respect to any claim that may arise under the Plan.

Appears in 1 contract

Sources: Restricted Stock Unit Agreement (Danaher Corp /De/)