Employment Obligation. The granting of the Option by UTI to the Employee shall not impose upon UTI any obligation to employ or continue to employ the Employee; and the right of UTI to terminate the employment of the Employee with UTI shall not be diminished or affected by reason of the grant of the Option to the Employee pursuant to this Agreement.
Appears in 4 contracts
Samples: Stock Option Agreement (Remy Capital Partners Iii L P), Stock Option Agreement (Remy Capital Partners Iii L P), Stock Option Agreement (Remy Capital Partners Iii L P)