Common use of No Construction as an Employment Agreement or Any Other Commitment Clause in Contracts

No Construction as an Employment Agreement or Any Other Commitment. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ or as an officer of the Company or any of its subsidiaries, if Indemnitee currently serves as an officer of the Company, or to be renominated or reelected as a director of the Company, if Indemnitee currently serves as a director of the Company.

Appears in 20 contracts

Samples: Indemnity Agreement (Prairie Operating Co.), Indemnity Agreement (Civitas Resources, Inc.), Indemnity Agreement (AMERICAN LEARNING Corp)

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No Construction as an Employment Agreement or Any Other Commitment. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ or as an officer of the Company or any of its subsidiaries, if Indemnitee currently serves as an officer of the Company, or to be renominated or reelected as a director of the Company, if Indemnitee currently serves as a director of the Company.

Appears in 3 contracts

Samples: Indemnity Agreement (Noble Drilling Corp), Indemnity Agreement (Noble Affiliates Inc), Indemnity Agreement (Titan Exploration Inc)

No Construction as an Employment Agreement or Any Other Commitment. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ or as an officer of the Company Corporation or any of its subsidiaries, if Indemnitee currently serves as an officer of the CompanyCorporation, or to be renominated or reelected as a director of the CompanyCorporation, if Indemnitee currently serves as a director of the CompanyCorporation.

Appears in 1 contract

Samples: Indemnification Agreement (Quantumsphere, Inc.)

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No Construction as an Employment Agreement or Any Other Commitment. Nothing contained in this Agreement shall be construed as giving Indemnitee any right to be retained in the employ as an employee or as an officer of the Company or any of its subsidiaries, if Indemnitee currently serves as an officer of the Company, or to be renominated or reelected as a director of the Company, if Indemnitee currently serves as a director of the Company.

Appears in 1 contract

Samples: Indemnity Agreement (OHA Investment Corp)

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