Common use of No Employment Contract Created Clause in Contracts

No Employment Contract Created. The issuance of the Restricted Shares is not be construed as granting to Grantee any right with respect to continuance of employment or any service with the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will Grantee's employment or terminate Grantee’s service at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, subject to any other written employment or other agreement to which the Company and Grantee may be a party.

Appears in 4 contracts

Samples: Restricted Shares Grant Agreement (Longhai Steel Inc.), Restricted Shares Grant Agreement (China Valves Technology, Inc), Restricted Shares Grant Agreement (China Valves Technology, Inc)

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No Employment Contract Created. The issuance of the Restricted Shares is shall not be construed as granting to Grantee any right with respect to continuance of employment or any service with by the Company or any of its subsidiaries. The right of the Company or any of its subsidiaries to terminate at will Grantee's employment or terminate Grantee’s service at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, subject to any other written employment or other agreement to which the Company and Grantee may be a party.

Appears in 2 contracts

Samples: Employment Agreement (Datum Inc), Restricted Stock Grant Agreement (Datum Inc)

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No Employment Contract Created. The issuance of the shares of Restricted Shares is Stock shall not be construed as granting to Grantee any right with respect to continuance of employment or any service with other business relationship by the Company Corporation or any of its subsidiariesSubsidiaries. The right of the Company Corporation or any of its subsidiaries Subsidiaries to terminate at will Grantee's employment or terminate Grantee’s service a business relationship with the Grantee at any time (whether by dismissal, discharge or otherwise), with or without cause, is specifically reserved, subject to any other written employment or other agreement to which the Company Corporation and Grantee may be a party.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (China Security & Surveillance Technology, Inc.)

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