Common use of Effect on Employment Clause in Contracts

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 18 contracts

Samples: Executive Option Agreement (CC Media Holdings Inc), Employment Agreement (CC Media Holdings Inc), Executive Option Agreement (CC Media Holdings Inc)

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Effect on Employment. Neither the grant of this Option, nor the issuance of Shares Units upon exercise of this Option, Option shall give the Optionee Employee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee the Employee at any time, time or affect any right of such Optionee Employee to terminate his or her Employment employment at any time.

Appears in 11 contracts

Samples: Stockholders Agreement (Burlington Holdings, Inc.), Stockholders Agreement (Burlington Holdings, Inc.), Stockholders Agreement (Burlington Holdings, Inc.)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares Units upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 8 contracts

Samples: Senior Executive Option Agreement (CRC Health CORP), CRC Health CORP, CRC Health CORP

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 7 contracts

Samples: Agreement (Sungard Capital Corp Ii), Agreement (Sungard Capital Corp Ii), Agreement (Sungard Capital Corp Ii)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares shares upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 6 contracts

Samples: Substitute Option (West Corp), Employment Agreement (C C Media Holdings Inc), Employment Agreement (BT Triple Crown Capital Holdings III, Inc.)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, Option shall give the Optionee Employee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee the Employee at any time, time or affect any right of such Optionee Employee to terminate his or her Employment employment at any time.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (Burlington Stores, Inc.), Stockholders Agreement (Burlington Stores, Inc.), Non Qualified Stock Option Agreement (Burlington Stores, Inc.)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, Option shall give the Optionee Employee any right to be retained in the employ of the Company or its AffiliatesSubsidiaries, affect the right of the Company or its Affiliates Subsidiaries to discharge or discipline such Optionee the Employee at any time, time or affect any right of such Optionee Employee to terminate his or her Employment employment at any time.

Appears in 6 contracts

Samples: Award Agreement (Burlington Stores, Inc.), Award Agreement (Burlington Stores, Inc.), Non Qualified Stock Option Agreement (Burlington Stores, Inc.)

Effect on Employment. Neither the grant of this the Option, nor the issuance of Shares upon exercise of this the Option, shall will give the Optionee any right to be retained in the employ or service of the Company or any of its Affiliatesaffiliates, affect the right of the Company or any of its Affiliates affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment employment or service at any time.

Appears in 4 contracts

Samples: Share Incentive Plan (Oxford Immunotec Global PLC), Share Incentive Plan (Oxford Immunotec Global PLC), Share Incentive Plan (Oxford Immunotec Global PLC)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time, subject to applicable local law and the terms of any employment agreement.

Appears in 4 contracts

Samples: Agreement (Sungard Capital Corp Ii), Agreement (Sungard Capital Corp Ii), Stockholders Agreement (SunGard HTE Inc.)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, shall will give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 3 contracts

Samples: Stock Option Agreement (Michaels Stores Inc), Stock Option Agreement (Michaels Stores Inc), Stock Option Agreement (Michaels Stores Inc)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares upon exercise of this Option, shall will give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such the Optionee at any time, or affect any right of such the Optionee to terminate his or her Employment at any time.

Appears in 3 contracts

Samples: Option Agreement (Michaels Stores Inc), Option Agreement (Michaels Stores Inc), Form of Stock Option Agreement (Michaels Stores Inc)

Effect on Employment. Neither the grant of this Optionthe Options, nor the issuance of Shares upon exercise of this Optionthe Options, shall give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 2 contracts

Samples: Senior Management Stock Option Award (LPL Investment Holdings Inc.), Senior Executive Stock Option Award (LPL Investment Holdings Inc.)

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Effect on Employment. Neither the grant of this Option, nor the issuance of Shares shares upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment employment at any time.

Appears in 2 contracts

Samples: Option Agreement (LCE AcquisitionSub, Inc.), Form of Option Agreement (LCE AcquisitionSub, Inc.)

Effect on Employment. Neither the grant of this Option, nor the issuance of Shares Stock upon exercise of this Option, shall give the Optionee any right to be retained in the employ of the Company or its Affiliates, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, time or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 1 contract

Samples: Option Agreement (Bloomin' Brands, Inc.)

Effect on Employment. Neither the grant of this the Option, nor the issuance of Shares upon exercise of this the Option, shall give the Optionee any right to be retained in the employ or service of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 1 contract

Samples: Director Nonstatutory Option Agreement (IMS Health Holdings, Inc.)

Effect on Employment. Neither the grant of this Optionoption, nor the issuance of Shares upon exercise of this Optionoption, shall give the Optionee any right to be retained in the employ of the Company or its AffiliatesCompany, affect the right of the Company or its Affiliates to discharge or discipline such Optionee at any time, time or affect any right of such Optionee to terminate his or her Employment employment at any time.

Appears in 1 contract

Samples: Employment Agreement (Stanadyne Corp)

Effect on Employment. Neither the grant of this Optionoption, nor the issuance of Shares upon exercise of this Optionoption, shall give the Optionee any right to be retained in the employ of the Company or its AffiliatesSummit, affect the right of the Company or its Affiliates Summit to discharge or discipline such Optionee at any time, or affect any right rights of such Optionee to terminate his or her Employment employment at any time.

Appears in 1 contract

Samples: Artisan Entertainment Inc

Effect on Employment. Neither the grant of this the Option, nor the issuance of Shares upon exercise of this the Option, shall give the Optionee any right to be retained in the employ of the Company or any of its Affiliates, affect the right of the Company or any of its Affiliates to discharge or discipline such Optionee at any time, or affect any right of such Optionee to terminate his or her Employment at any time.

Appears in 1 contract

Samples: President and Vice President Nonstatutory Option Agreement (Avaya Inc)

Effect on Employment. Neither the grant of this Optionoption, nor the issuance of Shares upon exercise of this Optionoption, shall give the Optionee Participant any right to be retained in the employ of the Company or its AffiliatesCompany, affect the right of the Company or its Affiliates to discharge or discipline such Optionee Participant at any time, time or affect any right of such Optionee Participant to terminate his or her Employment at any time.

Appears in 1 contract

Samples: Acceptance and Agreement (Panther Expedited Services, Inc.)

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