Common use of No Enlargement of Employee Rights Clause in Contracts

No Enlargement of Employee Rights. This Plan is strictly a voluntary undertaking on the part of the Company and shall not be deemed to constitute a contract between the Company and any Participant to be consideration for, or an inducement to, or a condition of, the employment of any Participant. Nothing contained in the Plan shall be deemed to give the right to any Participant to be retained as an employee of the Company or any Affiliated Company or to limit the right of the Company or any Affiliated Company to discharge any Participant at any time.

Appears in 3 contracts

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

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No Enlargement of Employee Rights. This Plan is strictly a voluntary undertaking on the part of the Company and shall not be deemed to constitute a contract between the Company and any Participant Optionee to be consideration for, or an inducement to, or a condition of, the employment of any ParticipantOptionee. Nothing contained in the Plan shall be deemed to give the right to any Participant Optionee to be retained as an employee of the Company or any Affiliated Company or to limit the right of the Company or any Affiliated Company to discharge any Participant Optionee at any time.

Appears in 2 contracts

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

No Enlargement of Employee Rights. This Plan is strictly a voluntary undertaking on the part of the Company and shall not be deemed to constitute a contract between the Company or any Affiliate and any Participant to be consideration forEmployee or Participant, or be considered an inducement to, or a condition of, the employment of any ParticipantEmployee. Nothing contained in the Plan shall be deemed to give any Employee the right to any Participant to be retained as an employee in the service of the Company or any Affiliated Company Affiliate or to limit interfere with the right of the Company or any Affiliated Company Affiliate to discharge terminate the employment of any Participant person at any time.

Appears in 1 contract

Samples: Executive Severance Pay Plan (Symetra Financial CORP)

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No Enlargement of Employee Rights. This Plan is strictly a voluntary undertaking on the part of the Company and shall not be deemed to constitute a contract between the Company and any Participant Employee or to be consideration for, or an inducement to, or a condition of, the employment of any ParticipantEmployee. Nothing contained in the Plan shall be deemed to give the right to any Participant Employee to be retained as an employee in the employ of the Company or any Affiliated Company or to limit interfere with the right of the Company or any Affiliated Company to discharge any Participant Employee at any time.

Appears in 1 contract

Samples: Loan and Security Agreement (Qlogic Corp)

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