Common use of Policy Statement Clause in Contracts

Policy Statement. The 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 000 X. Xxxxxxx Blvd., Building E, Brea, California 92821, is solely responsible for the administration of the Plan. Participation in the Plan 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 Participant’s sole employer is the Subsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment By participating in the Plan, Participant acknowledges that he or she has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 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. Spanish Translation

Appears in 3 contracts

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

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Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd., Building E, Brea, Brea California 92821, is solely responsible for the administration of the Plan. Participation in the Plan and and, the acquisition of Shares under the Plan does not, in any way establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the ParticipantOptionee’s sole employer is the Subsidiary employing the ParticipantOptionee, as applicable, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment By participating in the Plan, Participant the Optionee acknowledges that he or she has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 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, the 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. Spanish TranslationTranslation Reconocimiento de xx Xxx Laboral Esta disposición complementan la sección 18 de Acuerdo: Al Acpetar la Opción, la persona que recibe la opción manifiesta que entiende y acuerda que: (i) la Opción no se encuentra relacionada con el salario ni con otras prestaciones contractuales concedidas a la persona que recibe la opciónpor parte del patrón; y (ii) cualquier modificación del Plan o su terminación no constituye un cambio o detrimento en los términos y condiciones de empleo.

Appears in 3 contracts

Samples: Stock Option Agreement (Envista Holdings Corp), Stock Option Agreement (Envista Holdings Corp), Stock Option Agreement (Envista Holdings Corp)

Policy Statement. The 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 000 X. Xxxxxxx Blvd.Xxxxx Xxxxxx, Building EWaltham, BreaMassachusetts 02451, California 92821United States of America, is solely responsible for the administration of the Plan. Participation in the Plan 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 Participant’s sole employer is the Subsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment By participating in the Plan, Participant acknowledges that he or she the Participant has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant further acknowledges that he or she the Participant has read and specifically and expressly approves the terms and conditions in Section 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 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 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. Spanish Translation

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Veralto Corp), Restricted Stock Unit Agreement (Veralto Corp)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.0000 Xxxxxx Xxxx Xxxxxxx, Building EXxxxxxxxxx 00000, Brea, California 92821Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan. Participation in the Plan and the acquisition of Shares under the Plan does not, not in any way establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the ParticipantOptionee’s sole employer is the Subsidiary employing the ParticipantOptionee, as applicable, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment By participating in the Plan, Participant the Optionee acknowledges that he or she has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 9 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, the 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. Spanish Translation

Appears in 2 contracts

Samples: Stock Option Agreement (Vontier Corp), Stock Option Agreement (Vontier Corp)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.0000 Xxxxxxxxxxxx Xxxxxx, Building EXX, Brea00xx Xxxxx, California 92821Xxxxxxxxxx, X.X., Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan. Participation Plan and participation in the Plan and and, in Optionee’s case, the acquisition of Shares under the Plan does not, in any way establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the ParticipantOptionee, as applicable, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment By participating in accepting the PlanOption grant, Participant Optionee acknowledges that he or she has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in signing the PlanAgreement, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of Option, Section 17 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, the 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. Spanish Translation

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

Policy Statement. The 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 000 X. Xxxxxxx Blvd.0000 Xxxxxx Xxxx Xxxxxxx, Building EXxxxxxxxxx 00000, Brea, California 92821Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan. Participation in the Plan 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. Plan Document Acknowledgment By participating in the Plan, the Participant acknowledges that he or she has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 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. Spanish Translation

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Vontier Corp)

Policy Statement. The 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 000 X. Xxxxxxx Blvd., Building E, Brea, California 92821, is solely responsible for the administration of the Plan. Participation in the Plan 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 Participant’s sole employer is the Subsidiary employing the Participant, as applicable, nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment By participating in the Plan, Participant acknowledges that he or she the Participant has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant further acknowledges that he or she the Participant has read and specifically and expressly approves the terms and conditions in Section 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 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 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. Spanish Translation

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Envista Holdings Corp)

Policy Statement. The grant award 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 its offices at 000 X. Xxxxxxx Blvd.Xxxx Xxxxx Xxxxxx, Building EXxxxxxx, BreaXxxxx Xxxxxxxx, California 9282100000, U.S.A., is solely responsible for the administration of the Plan. Participation Plan and the Participant’s participation in the Plan and the acquisition of Shares under the Plan does not, in any way 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, Red Hat S. de X. X. de C. V. (“Red Hat Mexico”) nor does it establish any rights between the Participant and the Employer. Plan Document Acknowledgment By participating in accepting the PlanRSUs, the Participant acknowledges that he or she the Participant has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in accepting the PlanAgreement, the Participant further acknowledges that he or she the Participant has read and specifically and expressly approves approved the terms and conditions in Section 17 12 of the Agreement, Exhibit 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 Affiliate are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, the Participant hereby declares that he or she 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 the Participant’s participation in the Plan and therefore grants a full and broad release to the Employer and Employer, the Company and its Subsidiaries any Affiliate with respect to any claim that may arise under the Plan. Spanish Translation.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Red Hat Inc)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.Xxx Xxxxxxxx Xxxxx, Building EBeaverton OR, Brea97005, California 92821U.S.A., is solely responsible for the administration of the Plan. Participation Plan and participation in the Plan and and, in the Optionee’s case, the acquisition of Shares under the Plan shares does not, in any way way, establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the Participant, as applicablebasis, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment Acknowledgment. By participating in accepting the PlanOption, Participant the Optionee acknowledges that he or she has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in accepting the PlanOption, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 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, the Participant 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. Spanish TranslationTranslation 6557803-v18\GESDMS

Appears in 1 contract

Samples: Stock Incentive Plan Non Statutory Stock Option Agreement (Nike Inc)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.Xxx Xxxxxxxx Xxxxx, Building EBeaverton OR, Brea97005, California 92821U.S.A., is solely responsible for the administration of the Plan. Participation Plan and participation in the Plan and and, in the Optionee’s case, the acquisition of Shares under the Plan shares does not, in any way way, establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the Participant, as applicablebasis, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment Acknowledgment. By participating in accepting the PlanOption, Participant the Optionee acknowledges that he or she has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in accepting the PlanOption, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 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, the Participant 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. Spanish Translation

Appears in 1 contract

Samples: Stock Incentive Plan (Nike Inc)

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Policy Statement. The grant of the RSUs 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 Team Member. The Company, with its registered offices office at 000 X. Xxxxxxx Blvd.0000 Xxxx Xxxxx Xxxx Xxxx, Building EXxxxxx, BreaXxxxx 00000, California 92821X.X.X., is solely responsible for the administration of the Plan. Participation in the Plan and the acquisition of Shares under the Plan does not, in any way way, establish an employment relationship between the Participant Team Member and the Company since the Participant Team Member is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the Participant, as applicableEmployer, nor does it establish any rights between the Participant Team Member and the Employer. Plan Document Acknowledgment By participating in accepting the PlanRSUs, Participant the Team Member acknowledges that he or he/she has received copies a copy of the Plan and the AgreementPlan, has reviewed the Plan and the Grant Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Grant Agreement. In addition, by participating in the Plansigning below, the Participant Team Member further acknowledges that he or she has having read and specifically and expressly approves approved the terms and conditions in Appendix A: Section 17 of the Agreement1 (“Acknowledgment and Waiver”), 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, its Subsidiaries and its Subsidiaries Affiliates are not responsible for any decrease in the value of the Shares underlying the RSUs. Finally, the Participant hereby declares that he or she Team Member 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 Team Member therefore grants a full and broad release to the his/her Employer and the Company and its other Subsidiaries and Affiliates with respect to any claim that may arise under the Plan. Spanish Translation

Appears in 1 contract

Samples: Grant Agreement (Hewlett Packard Enterprise Co)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.Xxx Xxxxxxxx Xxxxx, Building EBeaverton OR, Brea97005, California 92821U.S.A., is solely responsible for the administration of the Plan. Participation Plan and participation in the Plan and and, in the Recipient’s case, the acquisition of Shares under the Plan does not, in any way way, establish an employment relationship between the Participant Recipient and the Company since the Participant Recipient is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the Participant, as applicablebasis, nor does it establish any rights between the Participant Recipient and the Employer. 6582501-v9\GESDMS Plan Document Acknowledgment Acknowledgment. By participating in accepting the PlanRSUs, Participant the Recipient acknowledges that he or she has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in accepting the PlanRSUs, the Participant Recipient further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 1 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, the Participant 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. Spanish Translation

Appears in 1 contract

Samples: Global Restricted Stock Unit Agreement (Nike Inc)

Policy Statement. The RSUs 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 000 X. Xxxxxxx Blvd.00 Xxxx Xxxxxx, Building EXxxxxx XX0X, Brea0XX, California 92821Xxxxxxx, is solely responsible for the administration of the Plan. Participation , and participation in the Plan and the acquisition grant of Shares under the Plan RSUs does not, in any way way, establish an employment relationship between the Participant Associate and the Company since the Participant Associate is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the Participant, as applicable[INSERT NAME OF SUBSIDIARY(IES) IN MEXICO], nor does it establish any rights between the Participant Associate and the Employer. Plan Document Acknowledgment Acknowledgment. By participating in accepting the PlanRSUs, Participant the Associate acknowledges that he or she the Associate has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety entirety, and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant Associate further acknowledges that he or she the Associate has read and specifically and expressly approves the terms and conditions in Section 17 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, the Participant 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. Spanish Translation

Appears in 1 contract

Samples: Restricted Share Units Award Agreement (Willis Group Holdings PLC)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.2000 Xxxxxxxxxxxx Xxxxxx, Building EXX, Brea00xx Xxxxx, California 92821Xxxxxxxxxx, X.X., Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan. Participation Plan and participation in the Plan and and, in Optionee’s case, the acquisition of Shares under the Plan does not, in any way establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the ParticipantOptionee, as applicable, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment By participating in accepting the PlanOption grant, Participant Optionee acknowledges that he or she has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in signing the PlanAgreement, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of Option, Section 17 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, the 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. Spanish Translation

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

Policy Statement. The grant of the RSUs 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 000 X. Xxxxxxx Blvd.0000 Xxxxxxxxxxxx Xxxxxx, Building EXX, BreaXxxxx 000X, California 92821Xxxxxxxxxx, X.X., 00000 Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan. Participation Plan and participation in the Plan and and, in Optionee’ case, the acquisition of Shares under the Plan does not, in any way establish an employment relationship between the Participant Optionee and the Company since the Participant Optionee is participating in the Plan on a wholly commercial basis and the Participant’s sole employer is the Subsidiary employing the ParticipantOptionee, as applicable, nor does it establish any rights between the Participant Optionee and the Employer. Plan Document Acknowledgment By participating in accepting the PlanOption grant, Participant Optionee acknowledges that he or she has received copies of the Plan and the AgreementPlan, has reviewed the Plan and the Agreement in their entirety and fully understands and accept accepts all provisions of the Plan and the Agreement. In addition, by participating in signing the PlanAgreement, the Participant Optionee further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in the Nature of Grant, Section 17 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 RSUsOption. Finally, the 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. Spanish Translation

Appears in 1 contract

Samples: 2007 Stock Incentive Plan (Danaher Corp /De/)

Policy Statement. The 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 000 X. Xxxxxxx Blvd.0000 Xxxxxx Xxxx, Building EXxxxxxx, BreaXxxxxxxxxx 00000, California 92821Xxxxxx Xxxxxx of America, is solely responsible for the administration of the Plan. Participation in the Plan 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. Plan Document Acknowledgment By participating in the Plan, the Participant acknowledges that he or she has received copies of the Plan and the Agreement, has reviewed the Plan and the Agreement in their entirety and fully understands and accept all provisions of the Plan and the Agreement. In addition, by participating in the Plan, the Participant further acknowledges that he or she has read and specifically and expressly approves the terms and conditions in Section 17 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. Spanish Translation

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Vontier Corp)

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