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 Participant (if an employee) any right to continued employment with the Company, any Parent or Subsidiary, or to restrict in any way the right of the Company, a Subsidiary or Parent to terminate his/her employment. Participant acknowledges that in the absence of an express written employment agreement to the contrary, Participant’s employment with the Company may be terminated by the Company at any time, with or without cause.

Appears in 6 contracts

Samples: Restricted Stock Award Agreement (TMSF Reit Inc.), Restricted Stock Award Agreement (TMSF Holdings Inc), Restricted Stock Award Agreement (Impac Mortgage Holdings Inc)

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

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Fiic Holdings), Restricted Stock Award Agreement (TMSF Holdings Inc), Restricted Stock Award Agreement (TMSF Reit Inc.)

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

Appears in 3 contracts

Samples: Restricted Stock Award Agreement (Ir Biosciences Holdings Inc), Restricted Stock Award Agreement (Fiic Holdings), Restricted Stock Award Agreement (Ir Biosciences Holdings Inc)

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

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Ir Biosciences Holdings Inc), Restricted Stock Award Agreement (Fiic Holdings)

No Enlargement of Employee Rights. Nothing in this Agreement shall be --------------------------------- construed to confer upon Participant (if Participant(if an employee) any right to continued employment with the Company, any Parent or Subsidiary, or to restrict in any way the right of the Company, a Subsidiary or Parent to terminate his/her employment. Participant acknowledges that in the absence of an express written employment agreement to the contrary, Participant’s '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 (Impac Commercial Holdings Inc)

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No Enlargement of Employee Rights. Nothing in this Agreement shall be --------------------------------- construed to confer upon Participant (if an employee) any right to continued employment with the Company, any Parent or Subsidiary, or to restrict in any way the right of the Company, a Subsidiary or Parent Parent, to terminate his/her employment. Participant acknowledges that in the absence of an express written employment agreement to the contrary, Participant’s '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 (Impac Commercial Holdings Inc)

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

Appears in 1 contract

Samples: Deferred Stock or Restricted Stock Award Agreement (Skechers Usa Inc)

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

Appears in 1 contract

Samples: Operating Agreement (Anworth Mortgage Asset Corp)

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