Common use of No Enlargement of Employee Rights Clause in Contracts

No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company or to restrict in any way the right of the Company to terminate his/her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company at any time, with or without cause.

Appears in 10 contracts

Samples: Stock Option Agreement (Bam Entertainment Inc), Stock Option Agreement (Fiic Holdings), Stock Option Agreement (Ir Biosciences Holdings Inc)

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No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company or to restrict in any way the right of the Company to terminate his/her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's ’s employment with the Company at any time, with or without cause.

Appears in 8 contracts

Samples: Stock Option Agreement (TMSF Holdings Inc), Stock Option Agreement (TMSF Reit Inc.), Stock Option Agreement (TMSF Reit Inc.)

No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company Company, any future Parent or any future Subsidiary, or to restrict in any way the right of the Company Company, any future Subsidiary or any future Parent, to terminate his/her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 2 contracts

Samples: Restricted Stock Plan (Health Sciences Group Inc), Health Sciences Group (Health Sciences Group Inc)

No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company (or an Affiliated Company), or to restrict in any way the right of the Company (or an Affiliated Company if he is an employee thereof) to terminate his/her his employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: 1 (MRV Communications Inc)

No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment or service with the Company (or an Affiliated Company), or to restrict in any way the right of the Company (or an Affiliated Company if he or she is an employee thereof) to terminate his/her employmenthis employment or service. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, Optionee's employment or service with the Company may terminate Optionee's employment with be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (Craftclick Com Inc)

No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company (or an Affiliated Company), or to restrict in any way the right of the Company (or an Affiliated Company if he is an employee thereof) to terminate his/her his employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, Optionee’s employment with the Company may terminate Optionee's employment with be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (MRV Communications Inc)

No Enlargement of Employee Rights. Nothing in this Agreement --------------------------------- shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company Company, a Subsidiary, or to restrict in any way the right of the Company Company, a Subsidiary, to terminate his/her his employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Option Agreement (Imperial Credit Industries Inc)

No Enlargement of Employee Rights. Nothing in this Agreement --------------------------------- shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company Company, any Parent or Subsidiary, or any Affiliated Company, or to restrict in any way the right of the Company, a Subsidiary or Parent, or Affiliated Company to terminate his/her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Agreement (Impac Commercial Holdings Inc)

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No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company Company, any Parent or Subsidiary, or to restrict in any way the right of the Company Company, a Subsidiary or Parent, to terminate his/her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (Skechers Usa Inc)

No Enlargement of Employee Rights. Nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company (or an Affiliated Company), or to restrict in any way the right of the Company (or an Affiliated Company) if he or she is an employee thereof) to terminate his/his or her employment. Optionee acknowledges that in the absence of unless an express written employment agreement between Optionee and the Company provides to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (Kennedy Wilson Inc)

No Enlargement of Employee Rights. Nothing in this Agreement shall be --------------------------------- construed to confer upon the Optionee (if an employee) any right to continued employment with the Company (or an affiliated company), or to restrict in any way the right of the Company (or an affiliated company if he is an employee thereof) to terminate his/his or her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (DCH Technology Inc)

No Enlargement of Employee Rights. Nothing in this Agreement --------------------------------- shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company Company, any Parent or Subsidiary, or to restrict in any way the right of the Company Company, a Subsidiary or Parent, to terminate his/her employment. Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Agreement (Impac Commercial Holdings Inc)

No Enlargement of Employee Rights. Nothing If Optionee is employed by the Company, nothing in this Agreement shall be construed to confer upon the Optionee (if an employee) any right to continued employment with the Company or to restrict in any way the right of the Company to terminate his/her employmenthis (her) employment subject to the terms of any applicable agreement (including the Employment Agreement). Optionee acknowledges that in the absence of an express written employment agreement to the contrary, the Company may terminate Optionee's employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (MRV Communications Inc)

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