Common use of Employment Not Affected Clause in Contracts

Employment Not Affected. This grant of Phantom Units and DERs shall not confer upon the Participant any right to be retained by, or in the employ or service of, the Employer and shall not interfere in any way with the right of the Employer to terminate the Participant’s employment or service at any time. The right of the Employer to terminate at will the Participant’s employment or service at any time for any reason is specifically reserved.

Appears in 8 contracts

Samples: Phantom Unit Grant Agreement (Buckeye Partners, L.P.), Deferral and Incentive Plan (Buckeye Partners, L.P.), Phantom Unit Grant Agreement (Buckeye Partners, L.P.)

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Employment Not Affected. This grant of Phantom Units and DERs shall not confer upon the Participant any right to be retained by, or in the employ or service of, the Employer and shall not interfere in any way with the right of the Employer to terminate the Participant’s employment or service at any time. The right of the Employer to terminate at will the Participant’s employment or service at any time for any reason is specifically reserved.

Appears in 1 contract

Samples: Phantom Unit Grant Agreement (Buckeye Partners, L.P.)

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Employment Not Affected. This grant of Phantom Restricted Units and DERs shall not confer upon the Participant any right to be retained by, or in the employ or service of, the Employer and shall not interfere in any way with the right of the Employer to terminate the Participant’s 's employment or service at any time. The right of the Employer to terminate at will the Participant’s 's employment or service at any time for any reason is specifically reserved.

Appears in 1 contract

Samples: Phantom Unit Grant Agreement (Atlas Pipeline Holdings, L.P.)

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