Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a Subsidiary. The Company and its Subsidiaries retain the right to terminate an employee at will and with or without cause at any time.
Appears in 4 contracts
Samples: Shareholder Value Award Agreement (Florida Power & Light Co), Shareholder Value Award Agreement (FPL Group Inc), Performance Share Award Agreement (FPL Group Inc)
Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant Optionee for continuous employment by the Company or a Subsidiary. The Company and its Subsidiaries retain the right to terminate an employee at will and with or without cause at any time.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (FPL Group Inc), Non Qualified Stock Option Agreement (FPL Group Inc)
Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a Subsidiarysubsidiary. The Company and its Subsidiaries retain subsidiaries retains the right to terminate an employee at will and with or without cause at any time.
Appears in 2 contracts
Samples: Performance Share Award Agreement (Unocal Corp), Performance Share Award Agreement (Unocal Corp)
Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a Subsidiarysubsidiary or affiliate. The Company and its Subsidiaries subsidiaries and affiliates retain the right to terminate an employee the Participant at will and with or without cause at any time.
Appears in 1 contract
Samples: Restricted Stock Award and Retention Agreement (Florida Power & Light Co)
Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant for continuous employment by the Company or a Subsidiarysubsidiary or affiliate. The Company and its Subsidiaries subsidiaries and affiliates retain the right to terminate an employee the Participant at will and with or without cause at any timetime (subject to any rights the Participant may have under the Participant's Retention Agreement and the Participant’s Employment Letter).
Appears in 1 contract
Effect Upon Employment. This Agreement is not to be construed as giving any right to the Participant Optionee for continuous employment by the Company or a Subsidiary. The Company and its Subsidiaries retain the right to terminate an employee at will and with or without cause at any timetime (subject to any rights the Optionee may have under the Optionee's Retention Agreement [and Employment Letter, in the case of Xx. Xxx]).
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Florida Power & Light Co)
