Common use of No Effect on Employment or Service Clause in Contracts

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates (or between Affiliates) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 21 contracts

Samples: 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp), 2020 Omnibus Stock Plan (Varex Imaging Corp)

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No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates Subsidiaries (or between AffiliatesSubsidiaries) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates Subsidiaries is on an at-will basis only.

Appears in 7 contracts

Samples: 2004 Equity Incentive Plan (Polycom Inc), Equity Incentive Plan (Polycom Inc), 2007 Stock Incentive Plan (Epicor Software Corp)

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company or a Subsidiary to terminate any Participant’s employment or service at any time, with or without cause, subject to compliance with local law. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates Subsidiaries (or between AffiliatesSubsidiaries) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 5 contracts

Samples: 2008 Equity Incentive Plan (Tibco Software Inc), 2008 Equity Incentive Plan (Tibco Software Inc), 2008 Equity Incentive Plan (Tibco Software Inc)

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates (or between Affiliates) shall not be deemed a Termination of Service. , Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 3 contracts

Samples: Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc), Omnibus Stock Plan (Varian Semiconductor Equipment Associates Inc)

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate any Participant’s 's employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates (or between Affiliates) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 3 contracts

Samples: 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.), 2014 Equity Incentive Plan (Helios & Matheson Analytics Inc.)

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates Subsidiaries (or between Affiliatesits Subsidiaries) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates Subsidiaries is on an at-will basis only.

Appears in 2 contracts

Samples: 2004 Equity Incentive Plan (Walt Disney Co/), 2004 Equity Incentive Plan (Walt Disney Co/)

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No Effect on Employment or Service. Nothing in the Plan shall will interfere with or limit in any way the right of the Company to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates (or between Affiliates) shall will not be deemed a Termination of Service. Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 1 contract

Samples: 2004 Equity Incentive Plan (Sumtotal Systems Inc)

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company or an Affiliate to terminate any Participant’s employment or service at any time, with or without cause. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates (or between Affiliates) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 1 contract

Samples: Equity Incentive Plan (Informatica Corp)

No Effect on Employment or Service. Nothing in the Plan shall interfere with or limit in any way the right of the Company or a Subsidiary to terminate any Participant’s 's employment or service at any time, with or without cause, subject to compliance with local law. For purposes of the Plan, transfer of employment of a Participant between the Company and any one of its Affiliates Subsidiaries (or between AffiliatesSubsidiaries) shall not be deemed a Termination of Service. Employment with the Company and its Affiliates is on an at-will basis only.

Appears in 1 contract

Samples: Inducement Award Plan (Tibco Software Inc)

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