Common use of Continuance of Employment/Service Required; No Employment/Service Commitment Clause in Contracts

Continuance of Employment/Service Required; No Employment/Service Commitment. The vesting schedule in Section 3 requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award and the rights and benefits under this Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 8 below or under the Plan. Nothing contained in this Agreement or the Plan constitutes an employment or service commitment by the Corporation, affects the Participant’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Participant any right to remain employed by or in service to the Corporation or any Subsidiary, interferes in any way with the right of the Corporation or any Subsidiary at any time to terminate such employment or services, or affects the right of the Corporation or any Subsidiary to increase or decrease the Participant’s other compensation or benefits. Nothing in this Agreement, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent thereto.

Continuance of Employment/Service Required; No Employment/Service Commitment. The vesting schedule in Section 3 requires continued employment or service Service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award Option and the rights and benefits under this Option Agreement. Employment or service Service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services Services as provided in Section 8 4 below or under the Plan. Nothing contained in this Option Agreement or the Plan constitutes an a continued employment or service commitment by the CorporationCompany or any of its Subsidiaries, affects the ParticipantGrantee’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Participant Grantee any right to remain employed by or in service to the Corporation Company or any Subsidiary, interferes in any way with the right of the Corporation Company or any Subsidiary at any time to terminate such employment or servicesservice, or affects the right of the Corporation Company or any Subsidiary to increase or decrease the ParticipantGrantee’s other compensation or benefitscompensation. Nothing in this Option Agreement, however, is intended to adversely affect any independent contractual right of the Participant Grantee without his or her consent thereto.

Continuance of Employment/Service Required; No Employment/Service Commitment. The vesting schedule in Section 3 requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award Option and the rights and benefits under this Option Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 8 4 below or under the Plan, unless otherwise provided by an employment agreement. Nothing contained in this Option Agreement or the Plan constitutes an a continued employment or service commitment by the CorporationCorporation or any of its Subsidiaries, affects the ParticipantGrantee’s status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Participant Grantee any right to remain employed by or in service to the Corporation or any Subsidiary, interferes in any way with the right of the Corporation or any Subsidiary at any time to terminate such employment or servicesservice, or affects the right of the Corporation or any Subsidiary to increase or decrease the ParticipantGrantee’s other compensation or benefits. Nothing in this Agreement, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent theretocompensation.

Continuance of Employment/Service Required; No Employment/Service Commitment. The vesting schedule in Section 3 requires continued employment or service through each applicable vesting date as a condition to the vesting of the applicable installment of the Award Option and the rights and benefits under this Option Agreement. Employment or service for only a portion of the vesting period, even if a substantial portion, will not entitle the Participant Grantee to any proportionate vesting or avoid or mitigate a termination of rights and benefits upon or following a termination of employment or services as provided in Section 8 4 below or under the Plan, unless otherwise provided by an employment agreement. Nothing contained in this Option Agreement or the Plan constitutes an a continued employment or service commitment by the CorporationCorporation or any of its Subsidiaries, affects the Participant’s Grantee's status, if he or she is an employee, as an employee at will who is subject to termination without cause, confers upon the Participant Grantee any right to remain employed by or in service to the Corporation or any Subsidiary, interferes in any way with the right of the Corporation or any Subsidiary at any time to terminate such employment or servicesservice, or affects the right of the Corporation or any Subsidiary to increase or decrease the Participant’s Grantee's other compensation or benefits. Nothing in this Agreement, however, is intended to adversely affect any independent contractual right of the Participant without his or her consent theretocompensation.