Common use of Agreement Not a Contract Clause in Contracts

Agreement Not a Contract. Neither the Award Agreement (and the grant of Stock Options) nor these Terms and Conditions constitutes an employment or service contract, and nothing herein or in the Award Agreement shall be deemed to create in any way whatsoever any obligation on Participant’s part to continue as an Employee, or of the Company or a Subsidiary to continue Participant’s service as an Employee.

Appears in 3 contracts

Samples: Stock Option Award Agreement (Escalade Inc), Stock Option Award Agreement (Escalade Inc), Stock Option Award Agreement (Escalade Inc)

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Agreement Not a Contract. Neither the Award Agreement (and the grant of Stock Options) nor these Terms and Conditions constitutes an employment or service contract, and nothing herein or in the Award Agreement shall be deemed to create in any way whatsoever any obligation on ParticipantDirector’s part to continue as an Employeea director, or of the Company or a Subsidiary to continue ParticipantDirector’s service as an Employeea director.

Appears in 2 contracts

Samples: Stock Option Award Agreement (Escalade Inc), Stock Option Award Agreement (Escalade Inc)

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Agreement Not a Contract. Neither the Award Agreement (and the grant of Restricted Stock OptionsUnits) nor these Terms and Conditions constitutes an employment or service contract, and nothing herein or in the Award Agreement shall be deemed to create in any way whatsoever any obligation on Participant’s part to continue as an Employee, or of the Company or a Subsidiary to continue Participant’s service as an Employee.

Appears in 2 contracts

Samples: Restricted Stock Unit Award Agreement (Escalade Inc), Restricted Stock Unit Award Agreement (Escalade Inc)

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