Common use of Employment Not Affected Clause in Contracts

Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to Grantee any right with respect to the continuance of employment by the Company. Except as may otherwise be limited by a written agreement between the Company and Grantee, the right of the Company and any employing subsidiary to terminate at will Grantee's employment by the Company or any employing subsidiary at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, or the employing subsidiary (whichever the case may be), and acknowledged by Grantee.

Appears in 4 contracts

Samples: Grant of Incentive (Bancorp, Inc.), Grant of Incentive (Bancorp, Inc.), Non Qualified (Bancorp, Inc.)

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Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to the Grantee any right with respect to the continuance of employment by the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, or the employing subsidiary (whichever the case may be), and acknowledged by the Grantee.

Appears in 3 contracts

Samples: Agreement (Rait Investment Trust), Agreement (Resource America Inc), Rait Investment Trust

Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to Grantee the Participant any right with respect to the continuance of employment by with the CompanyCompany or any Subsidiary. Except as may otherwise be limited by a written agreement between the Company or any Subsidiary and Granteethe Participant, the right of the Company and or any employing subsidiary Subsidiary to terminate at will Granteethe Participant's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, Company or the employing subsidiary Subsidiary (whichever the case may be), and acknowledged by Granteethe Participant.

Appears in 3 contracts

Samples: Option Agreement (Startek Inc), Option Agreement (Startek Inc), Option Agreement (Startek Inc)

Employment Not Affected. Neither the The granting of the Option nor its exercise shall not be construed as granting to the Grantee any right with respect to the continuance of employment by of the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, or the employing subsidiary (whichever the case may be), and acknowledged by the Grantee.

Appears in 3 contracts

Samples: Grant of Incentive (Fidelity Leasing Inc), Grant of Incentive (Fidelity Leasing Inc), Grant of Incentive (Fidelity Leasing Inc)

Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to the Grantee any right with respect to the continuance of employment by with the CompanyCompany or any of its subsidiaries. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and or any employing subsidiary of the Company to terminate at will the Grantee's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company or any subsidiary of the Company, or as the employing subsidiary (whichever the case may be)employer, and is acknowledged by the Grantee.

Appears in 2 contracts

Samples: Employment Agreement (Uci Medical Affiliates Inc), Employment Agreement (Uci Medical Affiliates Inc)

Employment Not Affected. Neither the The granting of the Option nor its exercise shall not be construed as granting to Grantee the Grantee, if he is an employee of the Company, any right with respect to the continuance of employment by of the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, as the Company or on behalf of the employing subsidiary Company (whichever the case may be), and acknowledged by the Grantee.

Appears in 1 contract

Samples: Employment Agreement (Gumtech International Inc \Ut\)

Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to Grantee the Employee any right with respect to the continuance of employment by the Companyemployment. Except as may otherwise be limited by a written agreement between the Company or one of its subsidiaries, as the case may be, and Granteethe Employee, the right of the Company and any employing subsidiary (or one of its subsidiaries) to terminate at will Granteethe Employee's employment by the Company or any employing subsidiary at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, or the employing subsidiary (whichever the case may be), and acknowledged by Granteereserved.

Appears in 1 contract

Samples: Escrow Agreement (Carreker Antinori Inc)

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Employment Not Affected. Neither the The granting of the Option nor its exercise shall not be construed as granting to the Grantee any right with respect to the continuance of employment by of the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, or the employing subsidiary (whichever the case may be), and acknowledged by the Grantee.

Appears in 1 contract

Samples: Grant of Incentive (Resource America Inc)

Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to the Grantee any right with respect to the continuance of employment by the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, as the Company or on behalf of the employing subsidiary Company (whichever the case may be), and acknowledged by the Grantee.

Appears in 1 contract

Samples: Form of Incentive Stock Option Agreement (Cotton States Life Insurance Co /)

Employment Not Affected. Neither the The granting of the Option nor its exercise shall not be construed as granting to the Grantee any right with respect to the continuance of employment by of the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, or the employing subsidiary (whichever the case may be), and acknowledged by the Grantee.

Appears in 1 contract

Samples: Grant of Incentive Stock (Fidelity Leasing Inc)

Employment Not Affected. Neither the granting of the Option nor its exercise shall be construed as granting to Grantee the Grantee, if he is an employee of the Company, any right with respect to the continuance of employment by of the Company. Except as may otherwise be limited by a written agreement between the Company and the Grantee, the right of the Company and any employing subsidiary to terminate at will the Grantee's employment by the Company or any employing subsidiary with it at any time (whether by dismissal, discharge, retirement or otherwise) is specifically reserved by the Company, as the Company or on behalf of the employing subsidiary Company (whichever the case may be), and acknowledged by the Grantee.

Appears in 1 contract

Samples: Orlando Predators Entertainment Inc

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