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Common use of Continued Service Clause in Contracts

Continued Service. Neither the grant of the Option nor this Agreement gives Optionee the right to continue Service with the Company or its Affiliates in any capacity. The Company and its Affiliates reserve the right to terminate Optionee’s Service at any time and for any reason not prohibited by law.

Appears in 16 contracts

Samples: Stock Option Agreement (M.D.C. Holdings, Inc.), Stock Option Agreement (M.D.C. Holdings, Inc.), Stock Option Agreement (M.D.C. Holdings, Inc.)

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Continued Service. Neither the grant of the Option nor this Agreement gives Optionee the right to continue Service with the Company or its Affiliates affiliates in any capacity. The Company and its Affiliates affiliates reserve the right to terminate Optionee’s Service at any time and for any reason not prohibited by law.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (LIGHTBRIDGE Corp), Nonstatutory Stock Option Agreement (National CineMedia, Inc.)

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Continued Service. Neither the grant of the Option nor this Agreement gives Optionee the right to continue Service with the Company or its Affiliates in any capacity. The Company and its Affiliates reserve the right to terminate Optionee’s 's Service at any time and for any reason not prohibited by law.

Appears in 1 contract

Samples: Stock Option Agreement (Intrepid Potash, Inc.)

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