Common use of Continuation of Employment or Service Clause in Contracts

Continuation of Employment or Service. Neither the Plan nor this Option Agreement shall impose any obligation on the Company or the Subsidiary to continue the Optionee's employment or service and nothing in the Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 3 contracts

Samples: Employment Agreement (WhiteSmoke, Inc.), Employment Agreement (WhiteSmoke, Inc.), Employment Agreement (WhiteSmoke, Inc.)

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Continuation of Employment or Service. Neither the Plan nor this Option Agreement shall impose any obligation on the Company or the Subsidiary an Affiliate to continue the Optionee's ’s employment or service and nothing in the Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment employ or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Pluristem Therapeutics Inc)

Continuation of Employment or Service. Neither the Plan nor this Option Agreement shall impose any obligation on the Company or the Subsidiary an Affiliate to continue the Optionee's Participant’s employment or service and nothing in the Plan or in this Option Agreement shall confer upon the Optionee Participant any right to continue in the employment employ or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 1 contract

Samples: Option Agreement (Painreform Ltd.)

Continuation of Employment or Service. Neither the 2007 Plan nor this Option Agreement shall impose any obligation on the Company or the Subsidiary an Affiliate to continue the Optionee's ’s employment or service and nothing in the 2007 Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment employ or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 1 contract

Samples: Option Agreement (Ness Technologies Inc)

Continuation of Employment or Service. Neither the Plan nor this Option Agreement shall impose any obligation on the Company or the Subsidiary an Affiliate to continue the Optionee's ’s employment or service and nothing in the Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment employ or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Pluristem Therapeutics Inc)

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Continuation of Employment or Service. Neither the 2007 Plan nor this Option Agreement shall impose any obligation on the Company or the Subsidiary an Affiliate to continue the Optionee's employment or service and nothing in the 2007 Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment employ or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 1 contract

Samples: Option Agreement (Ness Technologies Inc)

Continuation of Employment or Service. Neither Nothing in the Plan nor Plan, and this Option Agreement shall impose be construed as imposing any obligation on the Company or the Subsidiary an Affiliate to continue the Optionee's employment or service and nothing in the Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment employ or service of the Company and/or an Affiliate or restrict the right of the Company or an Affiliate to terminate such employment or service at any time.

Appears in 1 contract

Samples: Option Agreement (Zone 4 Play Inc)

Continuation of Employment or Service. Neither the Plan nor this This Option Agreement shall impose any obligation on the Company or the Subsidiary not be construed to continue the Optionee's employment or service and nothing in the Plan or in this Option Agreement shall confer upon the Optionee any right to continue in the employment or service of the Company and/or an Affiliate or restrict and shall not limit the right of the Company or an Affiliate Company, in its sole discretion, to terminate such the employment or service of Optionee at any time.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Clear Choice Financial, Inc.)

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