Common use of No Employment Contract Created Clause in Contracts

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 30 contracts

Samples: Stock Option Agreement (Tandem Diabetes Care Inc), Stock Option Agreement (Baxano Surgical, Inc.), Stock Option Agreement (Trans1 Inc)

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No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 17 contracts

Samples: Employment Agreement (Voice Assist, Inc.), Employment Agreement (Voice Assist, Inc.), Employment Agreement (Voice Assist, Inc.)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by by, or other service provider relationship with, the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 6 contracts

Samples: Stock Option Agreement (RespireRx Pharmaceuticals Inc.), Non Plan Stock Option Agreement (Endologix Inc /De/), Stock Option Agreement (Powerwave Technologies Inc)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, subject to any other written employment agreement to which the Company and Optionee may be a party.

Appears in 6 contracts

Samples: Software Development and Marketing Agreement (Vysis Inc), Stock Option Agreement (Powerwave Technologies Inc), Incentive Stock Option Agreement (Vision Solutions Inc)

No Employment Contract Created. Neither the granting of this Option ------------------------------ nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Keith Companies Inc), Stock Option Agreement (Pacific Mercantile Bancorp), Nonqualified Stock Option Agreement (Newport Corp)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiariesAffiliated Company. The right of the Company or any of its subsidiaries Affiliated Company to terminate at will the Optionee’s employment at any time (whether by dismissal, discharge or otherwise), with or without causeCause, is specifically reserved.

Appears in 4 contracts

Samples: Stock Option Agreement (Priveterra Acquisition Corp.), Stock Option Agreement (AEON Biopharma, Inc.), Stock Option Agreement (AEON Biopharma, Inc.)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (Cortex Pharmaceuticals Inc/De/), Non Qualified Stock Option Agreement (Cortex Pharmaceuticals Inc/De/)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, subject to any other written employment agreement to which the Company and Optionee may be a party.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (TherOx, Inc.), Nonqualified Stock Option Agreement (TherOx, Inc.)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, except as and to the extent otherwise provided in any employment agreement that may exist between the Company or any of its subsidiaries, on the one hand, and the Optionee, on the other hand.

Appears in 2 contracts

Samples: Stock Option Agreement (Collectors Universe Inc), Stock Option Agreement (Collectors Universe Inc)

No Employment Contract Created. Neither the granting of this Option nor ------------------------------ the exercise hereof shall be construed as granting a granted to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Gish Biomedical Inc), Nonqualified Stock Option Agreement (Gish Biomedical Inc)

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No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiariesAffiliate (or a successor entity). The right of the Company or any of its subsidiaries Affiliate (or successor entity) to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, subject to any written employment agreement which the Optionee may otherwise have with the Company or any Affiliate (or a successor entity).

Appears in 1 contract

Samples: Stock Option Agreement (Cke Restaurants Inc)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s employment at any time (whether by dismissal, discharge or otherwise), with or without causeCause, is specifically reserved.

Appears in 1 contract

Samples: Stock Option Agreement (Pacific Mercantile Bancorp)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by by, or other service provider relationship with, the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 1 contract

Samples: Stock Option Agreement (Endologix Inc /De/)

No Employment Contract Created. Neither the granting of this Option nor ------------------------------ the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 1 contract

Samples: Stock Option Agreement (STM Wireless Inc)

No Employment Contract Created. Neither the granting of this Option nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.,

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Vision Solutions Inc)

No Employment Contract Created. Neither the granting of this Option ------------------------------ nor the exercise hereof shall be construed as granting to the Optionee any right with respect to continuance of employment by by, or other service provider relationship with, the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved.

Appears in 1 contract

Samples: Option Agreement (Powerwave Technologies Inc)

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