Common use of No Employment or Other Rights Clause in Contracts

No Employment or Other Rights. The grant of this Option shall not confer upon the Optionee any right to be retained by or in the employ or service of the Company and shall not interfere in any way with the right of the Company to terminate the Optionee’s employment or service at any time. Subject to any other agreement between the parties, the right of the Company to terminate at will the Optionee’s employment or service at any time for any reason is specifically reserved.

Appears in 5 contracts

Samples: Non Qualified Stock Option Agreement (Isolagen Inc), Non Qualified Stock Option Agreement (Isolagen Inc), Non Qualified Stock Option Agreement (Isolagen Inc)

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No Employment or Other Rights. The grant of this the Option shall not confer upon the Optionee Employee any right to be retained by or in the employ or service of the Company and shall not interfere in any way with the right of the Company to terminate the Optionee’s employment or service at any timeAgreement. Subject to any other agreement between the parties, the The right of the Company to terminate at will the Optionee’s employment or service Agreement at any time for any reason is specifically reserved, as provided in the Agreement.

Appears in 5 contracts

Samples: Stock Option Grant (Edgemode, Inc.), Stock Option Grant (Edgemode, Inc.), Stock Option Grant (Edgemode, Inc.)

No Employment or Other Rights. The grant of this the Option shall not confer upon the Optionee any right to be retained by or in the employ or service of the Company Companies and shall not interfere in any way with the right of the a Company to terminate the Optionee’s employment or service at any time. Subject to any other agreement between the parties, the The right of the a Company to terminate at will the Optionee’s employment or service at any time for any reason is specifically reserved.

Appears in 3 contracts

Samples: Nonqualified Stock Option Grant Agreement (Blue Ridge Real Estate Co), Nonqualified Stock Option Grant Agreement (Blue Ridge Real Estate Co), Nonqualified Stock Option Grant Agreement (Blue Ridge Real Estate Co)

No Employment or Other Rights. The grant of this the Option shall not confer upon the Optionee any right to be retained by or in the employ or service of the Company or any subsidiary of the Company and shall not interfere in any way with the right of the Company to terminate the Optionee’s employment or service at any time. Subject to any other agreement between the parties, the The right of the Company or any of its subsidiaries to terminate at will the Optionee’s employment or service at any time for any reason is specifically reserved.

Appears in 2 contracts

Samples: Stock Option Agreement (Pulse Electronics Corp), Stock Option Agreement (Pulse Electronics Corp)

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No Employment or Other Rights. The grant of this the Option shall not confer upon the Optionee any right to be retained by or in the employ or service of the Company Companies and shall not interfere in any way with the right of the a Company to terminate the Optionee’s 's employment or service at any time. Subject to any other agreement between the parties, the The right of the a Company to terminate at will the Optionee’s 's employment or service at any time for any reason is specifically reserved.

Appears in 1 contract

Samples: Nonqualified Stock Option Grant Agreement (Blue Ridge Real Estate Co)

No Employment or Other Rights. The grant of this the Option shall not confer upon the Optionee any right to be retained by or in the employ or service of the Company or any subsidiary of the Company and shall not interfere in any way with the right of the Company to terminate the Optionee’s 's employment or service at any time. Subject to any other agreement between the parties, the The right of the Company or any of its subsidiaries to terminate at will the Optionee’s 's employment or service at any time for any reason is specifically reserved.

Appears in 1 contract

Samples: Stock Option Agreement (Technitrol Inc)

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