Common use of Effect on Employment Clause in Contracts

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary or in any way affect any right and power of the Company or a Subsidiary to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 30 contracts

Samples: 2023 Stock Incentive Plan (Universal Corp /Va/), Southern National Bancorp of Virginia Inc, Landamerica Financial Group Inc

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Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company or a Subsidiary Related Entity or in any way affect any right and power of the Company or a Subsidiary Related Entity to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor.

Appears in 12 contracts

Samples: Media Sciences International Inc, Media Sciences International Inc, Media Sciences International Inc

Effect on Employment. Neither the adoption of this the Plan, its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any Director any right to continue on the Board or confer upon any employee any right to continue in the employ of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to remove any Director or terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 7 contracts

Samples: Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp)

Effect on Employment. Neither the adoption of this the Plan, its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 7 contracts

Samples: Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp), Option Agreement (Approved Financial Corp)

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 5 contracts

Samples: Hilb Rogal & Hamilton Co /Va/, PMT Services Inc /Tn/, Washington Mutual Inc

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company Corporation or a Subsidiary Related Entity or in any way affect any right and power of the Company Corporation or a Subsidiary Related Entity to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor.

Appears in 3 contracts

Samples: 1998 Incentive (Educational Video Conferencing Inc), Boundless Corp, Evci Career Colleges Inc

Effect on Employment. Neither the adoption of this Plan, its -------------------- operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary or in any way affect any right and power of the Company or a Subsidiary to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 3 contracts

Samples: United Financial Banking Companies Inc, United Financial Banking Companies Inc, Equifax Inc

Effect on Employment. Neither the adoption of this the Plan, or its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary or in any way affect any right and power of the Company or a Subsidiary to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 3 contracts

Samples: Open Plan (Open Plan Systems Inc), Open Plan (Open Plan Systems Inc), Open Plan Systems Inc

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor. 13.02.

Appears in 1 contract

Samples: Mainstreet Bankgroup Inc

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ of continued employment with the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: 1 (Juliana Mining Co Inc)

Effect on Employment. Neither the adoption of this Plan, its operation, -------------------- nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary or in any way affect any right and power of the Company or a Subsidiary to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Blimpie International Inc

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee or consultant any right to continue in the employ of of, or under contract with, the Company or a Subsidiary any Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee or consultant at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Front Royal Inc

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee individual at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Shenandoah Telecommunications Co/Va/

Effect on Employment. Neither the adoption of this the Plan, its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any employee Participant any right to continue in the employ as an employee or an independent contractor of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment service of any employee Participant at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Agreement (Ocwen Asset Investment Corp)

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Effect on Employment. Neither the adoption of this the Plan, its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Albemarle Corp

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Tredegar Corp

Effect on Employment. Neither the adoption of this the Plan, its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any employee any the right to continue in the employ of the Company or a Subsidiary or in any way affect any right and power of the Company or a Subsidiary to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Networks North Inc

Effect on Employment. Neither the adoption of this the Plan, its operation, nor any documents describing or referring to this the Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company or a Subsidiary an Affiliate or in any way affect any right and or power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Hawthorne Financial Corp

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee any right to continue in the employ of the Company Corporation or a Subsidiary an Affiliate or in any way affect any right and power of the Company Corporation or a Subsidiary an Affiliate to terminate the employment of any an employee at any time with or without assigning a reason thereforthereunder.

Appears in 1 contract

Samples: Perardua Corp

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company or a Subsidiary or in any way affect any right and power of the Company or a Subsidiary to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: First Capital Bancorp, Inc.

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment of any employee at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Storage Usa Inc

Effect on Employment. Neither the adoption of this Plan, its operation, nor any documents document describing or referring to this Plan (or any part thereof) shall confer upon any employee individual any right to continue in the employ or service of the Company or a Subsidiary an Affiliate or in any way affect any right and power of the Company or a Subsidiary an Affiliate to terminate the employment or service of any employee individual at any time with or without assigning a reason therefor.

Appears in 1 contract

Samples: Shenandoah Telecommunications Co/Va/

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