Example ContractsClausesNo Further Ownership Rights
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No Further Ownership Rights. Until surrendered as contemplated by [Section 1.4], all of the shares of Company Common Stock (including any shares of Company Common Stock resulting from the Preferred Stock

No Further Ownership Rights. Upon Closing, shall cease to own any rights to any future stock, warrants or future equity claims in Franklin Networks, Inc. Likewise, upon Closing, Sellers shall cease to own any right future stock, warrants or future equity claims in as a result of the Initial Transaction.

No Further Ownership Rights in NOVA. All shares of UBI Class C Common Stock issued upon the surrender for exchange of certificates representing 100% of NOVA ownership in accordance with the terms of this [Article II] shall be deemed to have been issued (and paid) in full satisfaction of all rights pertaining to any and all NOVA ownership.

Ownership Rights. Subject to the restrictions set forth in the Plan and this Agreement, the Grantee shall possess all incidents of ownership of any Restricted Shares issued or transferred hereunder as of the date such Restricted Shares are issued or transferred to the Grantee, including the right to receive dividends with respect to such Restricted Shares and the right to vote such Restricted Shares. The Grantee shall have no rights of ownership in the Restricted Shares or Common Shares underlying the Additional Opportunity until the date on which the Restricted Shares or Common Shares, as applicable, underlying the Additional Opportunity are issued or transferred to the Grantee pursuant to the terms of this Agreement and the Statement of Management Objectives.

No Rights of Stock Ownership. This grant of Restricted Stock Units does not entitle the Grantee to any interest in or to any dividend, voting or other rights normally attributable to Stock ownership.

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No Ownership Interest. Nothing contained in this Agreement shall be deemed to vest in BRPA any direct or indirect ownership or incidence of ownership of or with respect to the Covered Shares of the Stockholder. All rights, ownership and economic benefits of and relating to the Covered Shares of the Stockholder shall remain vested in and belong to the Stockholder, and BRPA shall have no authority to manage, direct, restrict, regulate, govern or administer any of the policies or operations of Company or exercise any power or authority to direct the Stockholder in the voting or disposition of any of the Stockholder’s Covered Shares, except as otherwise provided herein.

No Ownership Interest. Except as otherwise provided herein, nothing contained in this Agreement shall be deemed to vest in Buyer any direct or indirect ownership or incidence of ownership of or with respect to the Subject Shares. All rights, ownership and economic benefits of and relating to the Subject Shares shall remain vested in and belong to the Shareholders, and Buyer shall not have any authority to manage, direct, restrict, regulate, govern or administer any of the policies or operations of the Parent or exercise any power or authority to direct the Shareholders in the voting of any of the Subject Shares, except as otherwise provided herein.

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No Further Liability. The liability of the Company, its affiliates and the Committee under or in connection with this Agreement is limited to the obligations set forth herein and no terms or provisions of this Agreement shall be construed to impose any liability on the Company, its affiliates, the Committee or their directors and employees in favor of any person or entity with respect to any loss, cost, tax or expense which the person or entity may incur in connection with or arising from any transaction related to this Agreement. No third party beneficiaries are intended.

No Further Modification. Except as set forth in this Third Amendment, all of the terms and provisions of the Lease shall remain unmodified and in full force and effect. In the event of any conflict between the terms and conditions of the Lease and the terms and conditions of this Third Amendment, the terms and conditions of this Third Amendment shall prevail.

No Further Payments. Employee acknowledges and agrees that the consideration provided in [Section 2] above: # is in full discharge of any and all liabilities and obligations the Released Parties have to Employee, monetarily or otherwise, with respect to Employee’s employment or otherwise; and # exceeds any payment, benefit, or other thing of value to which Employee might otherwise be entitled. Employee specifically acknowledges and agrees that the has paid to Employee all of the wages, commissions, overtime, premiums, vacation, notice pay, severance pay, separation pay, sick pay, holiday pay, equity, phantom equity, carried interest, distributions, allocations, royalties, bonuses, deferred compensation, and other forms of compensation, benefits, perquisites, or payments of any kind or nature whatsoever to which Employee was or may have been entitled (collectively, “Compensation”), and that the and the Released Parties do not owe Employee any other Compensation.

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