Common use of Discontinuance of Employment Clause in Contracts

Discontinuance of Employment. This Agreement shall not give the Recipient a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient may terminate his/her employment at any time and otherwise deal with the Recipient without regard to the effect it may have upon him/her under this Agreement.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Capella Education Co), Restricted Stock Agreement (Capella Education Co), Restricted Stock Unit Agreement (Capella Education Co)

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Discontinuance of Employment. This Agreement shall not give the Recipient Employee a right to continued employment with the Company or any parent or subsidiary of the Companythereof, and the Company or any such parent or subsidiary thereof employing the Recipient Employee may terminate his/his or her employment at any time and otherwise deal with the Recipient Employee without regard to the effect it may have upon him/him or her under this Agreement.

Appears in 3 contracts

Samples: Nonstatutory Stock Option Agreement (Buffets Inc), Nonstatutory Stock Option Agreement (Buffets Inc), Nonstatutory Stock Option Agreement (Buffets Inc)

Discontinuance of Employment. This Agreement shall not give the Recipient Employee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient Employee may terminate his/his or her employment at any time and otherwise deal with the Recipient Employee without regard to the effect it may have upon him/him or her under this Agreement. From and after the termination of employment of the Employee, the Holder will no longer be entitled to be issued any RUs under this Agreement.

Appears in 2 contracts

Samples: Restricted Unit Agreement (Advanced BioEnergy, LLC), Restricted Unit Agreement (Advanced BioEnergy, LLC)

Discontinuance of Employment. This Agreement shall not give the Recipient a right to continued employment or engagement with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient may terminate his/her employment or engagement at any time and otherwise deal with the Recipient without regard to the effect it may have upon him/her under this Agreement.

Appears in 2 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (M/a-Com Technology Solutions Holdings, Inc.)

Discontinuance of Employment. This Agreement shall not give the Recipient Participant a right to continued employment with the Company or any parent or subsidiary Subsidiary of the Company, and the Company or any such parent or subsidiary Subsidiary employing the Recipient Participant may terminate his/her Participant’s employment at any time and otherwise deal with the Recipient Participant without regard to the effect it may have upon him/her Participant under this Agreement.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Clearfield, Inc.)

Discontinuance of Employment. This Agreement shall not give the Recipient a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient may terminate his/her employment at any time and otherwise deal with the Recipient without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Market Stock Unit Award Agreement (Capella Education Co)

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Discontinuance of Employment. This Agreement shall not give the Recipient Participant a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient Participant may terminate his/her employment at any time and otherwise deal with the Recipient Participant without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Performance Share Agreement (Tennant Co)

Discontinuance of Employment. This Agreement shall not give the Recipient Employee a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient Employee may terminate his/his or her employment at any time and otherwise deal with the Recipient Employee without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Performance Based Deferred Share Unit Agreement (Stellent Inc)

Discontinuance of Employment. This Agreement shall not give the Recipient Participant a right to continued employment with the Company or any parent or subsidiary of the Company, and the Company or any such parent or subsidiary employing the Recipient Participant may terminate his/her employment at any time and otherwise deal with the Recipient Participant without regard to the effect it may have upon him/her under this Agreement.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Rli Corp)

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