Common use of Consideration to Company Clause in Contracts

Consideration to Company. In consideration of the granting of this Option by the Company, the Employee agrees to render faithful and efficient services to the Company or a Subsidiary, with such duties and responsibilities as the Company shall from time to time prescribe. Nothing in this Agreement or in the Plan shall confer upon the Employee any right to continue in the employ of the Company or any Subsidiary, or as a director of the Company, or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which are hereby expressly reserved, to discharge the Employee at any time for any reason whatsoever, with or without cause.

Appears in 11 contracts

Samples: Incentive Stock Option Agreement (Rentrak Corp), Non Qualified Stock Option Agreement (Rentrak Corp), Non Qualified Stock Option Agreement (Rentrak Corp)

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