Common use of Employment of Optionee Clause in Contracts

Employment of Optionee. Nothing in this Agreement shall be construed to be evidence of any agreement or understanding, express or implied, that the Company or any of its Subsidiaries will employ Optionee in any particular position at any particular rate of compensation or for any particular period of time, and nothing herein will interfere with or limit in any way the right of the Company or any Subsidiary to terminate the employment or service of Optionee at any time.