Common use of Agreement Not a Contract Clause in Contracts

Agreement Not a Contract. This Agreement (and the grant of Restricted Stock Units) is not a service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Participant’s part to continue as a Director, an Employee or a Consultant, or of the Company or an Affiliate to continue the Participant’s service as a Director, an Employee or a Consultant.

Appears in 10 contracts

Samples: Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc), Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc), Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc)

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Agreement Not a Contract. This Agreement (and the grant of Restricted Stock Units) is not a an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Participant’s part to continue as an Employee, a Consultant or a Director, an Employee or a Consultant, or of the Company or an Affiliate to continue the Participant’s service as an Employee, a Consultant or a Director. The Participant’s employment shall remain at-will, if applicable, and subject to termination by the Company or an Employee Affiliate, as applicable, at any time, with or a Consultantwithout cause or notice.

Appears in 9 contracts

Samples: Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc), Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc), Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc)

Agreement Not a Contract. This Agreement (and the grant of Restricted Stock UnitsStock) is not a an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Participant’s part to continue in the employment or service of the Company as an Employee, a Consultant or a Director, an Employee or a Consultant, or of the Company or an Affiliate to continue the Participant’s service as an Employee, a Consultant or a Director, an Employee or a Consultant.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement, Restricted Stock Grant Agreement (Arena Pharmaceuticals Inc), Restricted Stock Grant Agreement (Arena Pharmaceuticals Inc)

Agreement Not a Contract. This Agreement (and the grant of Restricted Stock UnitsStock) is not a an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Participant’s part to continue as a Director, an Employee or a ConsultantEmployee, or of the Company or an Affiliate a Subsidiary to continue the Participant’s service as a Director, an Employee or a ConsultantEmployee.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Arena Pharmaceuticals Inc)

Agreement Not a Contract. This Agreement (and the grant of Restricted Stock Units) is not a an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Participant’s part to continue as a Director, an Employee or a ConsultantEmployee, or of the Company or an Affiliate a Subsidiary to continue the Participant’s service as a Director, an Employee or a ConsultantEmployee.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc)

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Agreement Not a Contract. This Agreement (and the grant of Restricted Stock Units) is not a an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the ParticipantGrantee’s part to continue as a Director, an Employee or a ConsultantService Provider, or of the Company or an Affiliate a Subsidiary or Division to continue the ParticipantGrantee’s service as a Director, an Employee or a ConsultantService Provider.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Gorman Rupp Co)

Agreement Not a Contract. This Agreement (and the grant of Restricted Stock Units) is not a an employment or service contract, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on the Participant’s part to continue as an Employee, a Consultant or a Director, an Employee or a Consultant, or of the Company or an Affiliate to continue the Participant’s service as an Employee, a Consultant or a Director. Participant’s employment shall remain at-will, if applicable, and subject to termination by the Company or an Employee Affiliate, as applicable, at any time, with or a Consultantwithout cause or notice.

Appears in 1 contract

Samples: Restricted Stock Unit Grant Agreement (Arena Pharmaceuticals Inc)

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