Common use of Effect Upon Employment Clause in Contracts

Effect Upon Employment. Nothing in this Agreement or the Plan shall be construed to impose any obligation upon the Company or any of its subsidiaries to employ the Grantee or to retain the Grantee in its employ.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Enterprise Bancorp Inc /Ma/), Restricted Stock Agreement (Enterprise Bancorp Inc /Ma/), Restricted Stock Agreement (Enterprise Bancorp Inc /Ma/)

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Effect Upon Employment. Nothing in this Agreement or the Plan shall be construed to impose any obligation upon the Company or any of its subsidiaries to employ the Grantee or to retain the Grantee in its employ.. 14. [Intentionally Omitted]

Appears in 1 contract

Samples: Restricted Stock Agreement (Enterprise Bancorp Inc /Ma/)

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Effect Upon Employment. Nothing in this Agreement or the Plan shall be construed to impose any obligation upon the Company or any of its subsidiaries to employ the Grantee or to retain the Grantee in its employ. This Agreement does not interfere with the Grantee’s right or the Company’s right to terminate the Grantee’s employment at any time, with or without cause.

Appears in 1 contract

Samples: Restricted Stock Agreement (Enterprise Bancorp Inc /Ma/)

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