Example ContractsClausesaward confers no rights to continued serviceVariants
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No Right of Continued Employment. The granting of this Award does not confer upon the Participant any legal right to be continued in the employ of the Corporation or its Affiliates, and the Corporation and its Affiliates reserve the right to discharge the Participant whenever the interest of the Corporation or its Affiliates may so require without liability to the Corporation or its Affiliates, the Board of Directors of the Corporation or its Affiliates, or the Committee, except as to any rights which may be expressly conferred on the Participant under this Award.

No Right of Continued Employment. The granting of this Awardoption does not confer upon the Participant any legal right to be continued in the employ of the Corporation or its Affiliates, and the Corporation and its Affiliates reserve the right to discharge the Participant whenever the interest of the Corporation or its Affiliates may so require without liability to the Corporation or its Affiliates, the Board of Directors of the Corporation or its Affiliates, or the Committee, except as to any rights which may be expressly conferred on the Participant under this Award.option.

No Right of Continuedto Employment. The grantingissuance of thisthe Award doesshall not confer uponbe construed as giving Participant the Participant any legal right to be continuedretained in the employemploy, or as giving a director of the CorporationCompany or its Affiliates, and the Corporation and its Affiliates reservean Affiliate the right to discharge the Participant whenever the interestcontinue as a director, of the CorporationCompany or its Affiliates may so require without liability toan Affiliate, nor will it affect in any way the Corporation or its Affiliates, the Board of Directorsright of the CorporationCompany or its Affiliates,an Affiliate to terminate such employment or position at any time, with or without Cause. In addition, the Company or an Affiliate may at any time dismiss Participant from employment, or terminate the term of a director of the Company or an Affiliate, free from any liability or any claim under the Plan or the Committee, except asAgreement. Nothing in the Agreement shall confer on any person any legal or equitable right against the Company or any Affiliate, directly or indirectly, or give rise to any rightscause of action at law or in equity against the Company or an Affiliate. The Award granted hereunder shall not form any part of the wages or salary of Participant for purposes of severance pay or termination indemnities, irrespective of the reason for termination of employment. Under no circumstances shall any person ceasing to be an employee of the Company or any Affiliate be entitled to any compensation for any loss of any right or benefit under the Agreement or Plan which maysuch employee might otherwise have enjoyed but for termination of employment, whether such compensation is claimed by way of damages for wrongful or unfair dismissal, breach of contract or otherwise. By participating in the Plan, Participant shall be expressly conferred ondeemed to have accepted all the Participant under this Award.conditions of the Plan and the Agreement and the terms and conditions of any rules and regulations adopted by the Committee (as defined in the Plan) and shall be fully bound thereby.

No Right to Employment or Directorship. The grant of Continued Employment. The granting of thisan Award doesshall not confer uponbe construed as giving a Participant the Participant any legal right to be continued in the employretained as an employee of the CorporationCompany or its Affiliates, and the Corporation and its Affiliates reserveany Affiliate, or the right to dischargebe retained as a Director, nor will it affect in any way the Participant whenever the interestright of the CorporationCompany or its Affiliatesan Affiliate to terminate a Participant’s employment at any time, with or without cause, or remove a Director in accordance with applicable law. In addition, the Company or an Affiliate may so require withoutat any time dismiss a Participant from employment, or remove a Director who is a Participant, free from any liability or any claim under the Plan or any Award, unless otherwise expressly provided in the Plan or in any Award Agreement. By participating in the Plan, each Participant shall be deemed to have accepted all the Corporation or its Affiliates, the Board of Directorsconditions of the Corporation or its Affiliates, orPlan and the Committee, except as toterms and conditions of any rights which mayrules and regulations adopted by the Committee and shall be expressly conferred on the Participant under this Award.fully bound thereby.

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