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

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her grant of consent is purely voluntary. The Optionee may deny or withdraw his or her consent at any time. If the Optionee does not consent, or if the Optionee later withdraws his or her consent, the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment or salary; instead, the Optionee merely may forfeit the opportunities associated wit the Plan.

Appears in 7 contracts

Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Envista Holdings Corp), Stock Option Agreement (Danaher Corp /De/)

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Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her grant of consent is purely voluntary. The Optionee may deny or withdraw his or her consent at any time. If the Optionee does not consent, or if the Optionee later withdraws his or her consent, the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment or salary; instead, the Optionee merely may forfeit the opportunities associated wit with the Plan.

Appears in 3 contracts

Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Envista Holdings Corp), Stock Option Agreement (Envista Holdings Corp)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation Participation in the Plan is voluntary, and his or her grant of consent the Optionee is providing the consents herein on a purely voluntary. The Optionee may deny or withdraw his or her consent at any timevoluntary basis. If the Optionee does not consent, or if the Optionee later withdraws seeks to revoke his or her consent, the Optionee may Optionee's service with the Company will not be unable to participate in affected; the Plan. This only consequence of refusing or withdrawing consent is that the Company would not affect be able to grant the Optionee’s existing employment Share Option or salary; instead, other equity awards to the Optionee merely may forfeit the opportunities associated wit the Planor administer or maintain such awards.

Appears in 3 contracts

Samples: Global Non Qualified Share Option Agreement (BeiGene, Ltd.), Global Non Qualified Share Option Agreement (BeiGene, Ltd.), Global Non Qualified Share Option Agreement (BeiGene, Ltd.)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her the Optionee's grant of consent is purely voluntary. The Optionee may deny or withdraw his or her the Optionee's consent at any time. If the Optionee does not consent, or if the Optionee later withdraws his or her the Optionee's consent, the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment or salary; instead, the Optionee merely may forfeit the opportunities associated wit with the Plan.. (e)

Appears in 3 contracts

Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation Participation in the Plan is voluntary, and his or her grant of consent the Optionee is providing the consents herein on a purely voluntary. The Optionee may deny or withdraw his or her consent at any timevoluntary basis. If the Optionee does not consent, or if the Optionee later withdraws seeks to revoke his or her consent, salary from or employment and career with the Employer will not be affected; the only consequence of refusing or withdrawing consent is that the Company would not be able to grant the Share Options or other equity awards to the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment or salary; instead, the Optionee merely may forfeit the opportunities associated wit the Planadminister or maintain such awards.

Appears in 3 contracts

Samples: Global Non Qualified Share Option Agreement for Employees (BeiGene, Ltd.), For Employees (BeiGene, Ltd.), For Employees (BeiGene, Ltd.)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her the Optionee’s grant of consent is purely voluntary. The Optionee may deny or withdraw his or her the Optionee’s consent at any time. If the Optionee does not consent, or if the Optionee later withdraws his or her the Optionee’s consent, the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment or salary; instead, the Optionee merely may forfeit the opportunities associated wit with the Plan.. (e)

Appears in 3 contracts

Samples: Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/), Stock Option Agreement (Danaher Corp /De/)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her the Optionee's grant of consent is purely voluntary. The Optionee may deny or withdraw his or her the Optionee's consent at any time. If the Optionee does not consent, or if the Optionee later withdraws his or her the Optionee's consent, the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment or salary; instead, the Optionee merely may forfeit the opportunities associated wit with the Plan.

Appears in 2 contracts

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

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Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her the Optionee’s grant of consent is purely voluntary. The Optionee may deny or withdraw his or her the Optionee’s consent at any time. If the Optionee does not consent, or if the Optionee later withdraws his or her the Optionee’s consent, the Optionee may be unable to participate in the Plan. This would not affect the Optionee’s existing employment service or salary; instead, the Optionee merely may forfeit the opportunities associated wit with the Plan.

Appears in 2 contracts

Samples: 2023 Omnibus Incentive Plan (Veralto Corp), 2023 Omnibus Incentive Plan (Veralto Corp)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation Participation in the Plan is voluntary and his or her grant of consent the Optionee is providing the consents herein on a purely voluntary. The Optionee may deny or withdraw his or her consent at any timevoluntary basis. If the Optionee does not consent, or if the Optionee later withdraws his or her seeks to revoke the Optionee’s consent, the Optionee may Optionee’s salary from or service with the Employer will not be unable to participate in affected; the Plan. This only consequence of refusing or withdrawing consent is that the Company would not affect the Optionee’s existing employment be able to grant share options or salary; instead, other equity awards to the Optionee merely may forfeit the opportunities associated wit the Planor administer or maintain such awards.

Appears in 1 contract

Samples: Non Qualified Share Option Agreement (Mimecast LTD)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her grant of consent is purely voluntary. The Optionee may -6- deny or withdraw his or her consent at any time. If the Optionee does not consent, or if the Optionee later withdraws you withdraw his or her consent, the Optionee may be unable to he or she cannot participate in the Plan. This would not affect the Optionee’s existing employment salary as an employee or salaryhis or her career; instead, the Optionee would merely may forfeit the opportunities associated wit with the Plan.

Appears in 1 contract

Samples: Global Stock Option Agreement (Trimble Inc.)

Voluntariness and Consequences of Consent Denial or Withdrawal. The Optionee’s participation in the Plan and his or her grant of consent is purely voluntary. The Optionee may deny or withdraw his or her consent at any time. If the Optionee does not consent, or if the Optionee later withdraws you withdraw his or her consent, the Optionee may be unable to he or she cannot participate in the Plan. This would not affect the Optionee’s existing employment salary as an employee or salaryhis or her career; instead, the Optionee would merely may forfeit the opportunities associated wit with the Plan.

Appears in 1 contract

Samples: 2002 Stock Plan (Trimble Inc.)

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