1 Notwithstanding this commitment, given the highly regulated nature of our business, the firm must retain the right to amend or eliminate these commitments: (i) if necessary or appropriate to comply with legal or regulatory requirements or any changes in applicable law, rules or regulations or in the interpretation thereof by any regulator, agency or tribunal of competent jurisdiction; or (ii) if the firm determines in its discretion that continuing these commitments in their then current form would be impractical or materially adverse to the firm as a result of any changes in applicable law, rules or regulations or accounting standards or in the interpretation thereof by any regulator, agency or tribunal of competent jurisdiction.
This article is for general information purposes only and should not be construed as, nor is it intended to be, a contract, offer of employment, guarantee of continued employment or representation or guarantee as to future compensation. This article creates no rights of any kind (vested or otherwise) nor does it create a contract or assurance of employment, awards, compensation or benefits. Employment at UBS at all times remains "at-will."
All reward programs at UBS (including, without limitation, those referenced in this article) are governed by the applicable terms and conditions of each program document and applicable agreement(s) (all collectively referred to as the “Plan Documents”). As a result, if there are any conflicts between this article and any of the Plan Documents, the terms of the Plan Documents will govern. Nothing within this article alters or changes any of the Plan Documents.
UBS reserves the right to amend, modify, suspend or terminate any of the Plan Documents, in whole or in part, at any time.
You should not rely upon this article for tax or other filings and should consult your own tax advisor with regard to any tax consequences with respect to your individual tax return.
For more information on third party rating methodologies, please visit ubs.com/us/en/designation-disclosurelink to disclosure page.
