Common use of Continuation of Employment or Services Clause in Contracts

Continuation of Employment or Services. This Option Agreement shall not be construed to confer upon the Optionee any right to continue in the employ of, or providing services to, the Company and shall not limit the right of the Company, in its sole discretion, to terminate the employment or services of the Optionee at any time.

Appears in 10 contracts

Samples: Performance Based Stock Option Agreement (On Semiconductor Corp), Non Qualified Stock Option Agreement (On Semiconductor Corp), Non Qualified Stock Option Agreement (On Semiconductor Corp)

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Continuation of Employment or Services. This Option Agreement shall not be construed to confer upon the Optionee any right to continue in the employ of, or providing services to, service of the Company and shall not limit the right of the Company, in its sole discretion, to terminate the employment or services Services of the Optionee at any time.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (White Electronic Designs Corp), Employee Stock Option Agreement (White Electronic Designs Corp)

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Continuation of Employment or Services. This Option Agreement shall not be construed to confer upon the Optionee any right to continue in the employ ofemployment with, or providing to provide services to, the Company and shall not limit the right of the Company, in its sole and absolute discretion, to terminate the employment or services of the Optionee at any time.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (On Semiconductor Corp)

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