Common use of Limitation on Rights Clause in Contracts

Limitation on Rights. (a) This Agreement shall not be deemed to create a contract of employment between the Corporation and the Executive and shall create no right in the Executive to continue in the Corporation’s employment for any specific period of time, or to create any other rights in the Executive or obligations on the part of the Corporation, except as set forth herein. This Agreement shall not restrict the right of the Corporation to terminate the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 5 contracts

Samples: Executive Severance Agreement (Regis Corp), Lodgenet Entertainment Corporation Executive Severance Agreement (Lodgenet Entertainment Corp), Lodgenet Entertainment Corporation Executive Severance Agreement (Lodgenet Entertainment Corp)

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Limitation on Rights. (a) This Agreement shall not be deemed to create a contract of employment between the Corporation and the Executive and shall create no right in the Executive to continue in the Corporation’s 's employment for any specific period of time, or to create any other rights in the Executive or obligations on the part of the Corporation, except as set forth herein. This Except as set forth herein, this Agreement shall not restrict the right of the Corporation to terminate the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 1 contract

Samples: Executive Severance Agreement (Aames Financial Corp/De)

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