Common use of No Employee Rights Clause in Contracts

No Employee Rights. Nothing in this Agreement expressed or implied shall confer upon any employee of the Company, any Subsidiary, the Purchaser, or any other employee or legal representatives or beneficiaries thereof, any rights or remedies, including any right to employment or continued employment for any specified period, of any nature or kind whatsoever under or by reason of this Agreement, or shall change the employment as will status of any employee of the Purchaser, the Company or any Subsidiary.

Appears in 2 contracts

Samples: Stock Sale and Purchase Agreement (C Cotran Holding Inc), Stock Sale and Purchase Agreement (Sel Drum International Inc)

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No Employee Rights. Nothing in this Agreement expressed Agreement, express or implied implied, shall confer upon any employee of the Company, any Subsidiary, the Purchaser, Company or any other employee or legal representatives or beneficiaries thereof, of its Subsidiaries any rights or remedies, including any right to employment employment, or continued employment for any specified period, of any nature or kind whatsoever under or by reason of this Agreement, or shall change the employment as will status of any employee of the Purchaser, the Company or any Subsidiary.

Appears in 1 contract

Samples: Stock Purchase Agreement (Youbet Com Inc)

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No Employee Rights. Nothing in this Agreement herein expressed or implied (other than ------------------ the employment agreements being delivered in connection with this Agreement) shall confer upon any employee of the Company (other than Xxxxxxx Xxxxxxxx in his capacity as a shareholder of the Company), any Subsidiary, the Purchaser, or any other employee or legal representatives or beneficiaries thereof, of any thereof any rights or remedies, including any right to employment or continued employment for any specified period, of any nature or kind whatsoever under or by reason of this Agreement, or shall change cause the employment as will status of any employee of the Purchaser, the Company or any Subsidiaryto be other than terminable at will.

Appears in 1 contract

Samples: Agreement and Plan of Exchange (Group Maintenance America Corp)

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