Common use of No Effect on Service Clause in Contracts

No Effect on Service. The Participant’s service with the Company and its Subsidiaries is on an at-will basis only. Accordingly, the terms of the Participant’s service with the Company and its Subsidiaries will be determined from time to time by the Company or the Subsidiary employing or retaining the Participant (as the case may be), and the Company or the Subsidiary, as applicable, will have the right, which is hereby expressly reserved, to terminate or change the terms of the employment or service of the Participant at any time for any reason whatsoever, with or without good cause.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.), Restricted Stock Unit Agreement (NetApp, Inc.)

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No Effect on Service. The Participant’s service with the Company and its Subsidiaries is on an at-will basis only. Accordingly, the terms of the Participant’s service with the Company and its Subsidiaries Affiliates will be determined from time to time by the Company or the Subsidiary Affiliate employing or retaining the Participant (as the case may be), and the Company or the Subsidiary, as applicable, Subsidiary will have the right, which is hereby expressly reserved, to terminate or change the terms of the employment or service of the Participant at any time for any reason whatsoever, with or without good causeCause.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (SVB Financial Group), Restricted Stock Unit Agreement (SVB Financial Group), SVB Financial Group (SVB Financial Group)

No Effect on Service. The Participant’s service with the Company and its Subsidiaries is on an at-will basis only. Accordingly, the terms of the Participant’s service with the Company and its Subsidiaries Affiliates will be determined from time to time by the Company or the Subsidiary Affiliate employing or retaining the Participant (as the case may be), and the Company or the Subsidiary, as applicable, Affiliate will have the right, which is hereby expressly reserved, to terminate or change the terms of the employment or service of the Participant at any time for any reason whatsoever, with or without good causeCause.

Appears in 1 contract

Samples: Plan Restricted Stock Unit Agreement (Capitol Bancorp LTD)

No Effect on Service. The Participant’s service with the Company and its Subsidiaries Affiliates is on an at-will basis only. Accordingly, the terms of the Participant’s service with the Company and its Subsidiaries Affiliates will be determined from time to time by the Company or the Subsidiary Affiliate employing or retaining the Participant (as the case may be), and the Company or the Subsidiary, as applicable, Subsidiary will have the right, which is hereby expressly reserved, to terminate or change the terms of the employment or service of the Participant at any time for any reason whatsoever, with or without good causeCause.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (SVB Financial Group)

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No Effect on Service. The Participant’s service with the Company and its Subsidiaries is on an at-will basis only. Accordingly, the terms of the Participant’s service with the Company and its Subsidiaries will be determined from time to time by the Company or the Subsidiary employing or retaining the Participant (as the case may be), and the Company or the Subsidiary, as applicable, will have the right, which is hereby expressly reserved, to terminate or change the terms of the employment or service of the Participant at any time for any reason whatsoever, with or without good cause.

Appears in 1 contract

Samples: Performance Unit Agreement (NetApp, Inc.)

No Effect on Service. The Participant’s service with the Company and its Subsidiaries Affiliates is on an at-will basis only. Accordingly, the terms of the Participant’s service with the Company and its Subsidiaries Affiliates will be determined from time to time by the Company or the Subsidiary Affiliate employing or retaining the Participant (as the case may be), and the Company or the Subsidiary, as applicable, Affiliate will have the right, which is hereby expressly reserved, to terminate or change the terms of the employment or service of the Participant at any time for any reason whatsoever, with or without good causeCause.

Appears in 1 contract

Samples: Restricted Stock Unit Agreement (Capitol Bancorp LTD)

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