Common use of No Impairment of Rights Clause in Contracts

No Impairment of Rights. Nothing in this Agreement or in the Plan shall be deemed to impair or otherwise restrict the rights of the Company or the stockholders to remove the Optionee from the Board at any time pursuant to the provisions of applicable law.

Appears in 6 contracts

Samples: Nonstatutory Stock Option Agreement (Endosonics Corp), Non Statutory Stock Option Agreement (Oncor Inc), Non Employee Director Automatic Stock Option Agreement (Oncor Inc)

AutoNDA by SimpleDocs

No Impairment of Rights. Nothing in this Agreement or in the Plan shall be deemed to impair or otherwise restrict the rights of the Company or the stockholders shareholders to remove the Optionee from the Board at any time pursuant to the provisions of applicable law.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (Giga Tronics Inc), Nonstatutory Stock Option Agreement (Giga Tronics Inc)

No Impairment of Rights. Nothing in this Agreement or in the Plan shall be deemed ----------------------- to impair or otherwise restrict the rights of the Company or the stockholders to remove the Optionee from the Board at any time pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Vicinity Corp)

No Impairment of Rights. Nothing in this Agreement or in the Plan shall in any way be deemed construed or interpreted so as to impair affect adversely or otherwise restrict impair the rights right of the Company Corporation or the stockholders to remove the Optionee Participant from the Board at any time pursuant to in accordance with the provisions of applicable law.

Appears in 1 contract

Samples: Automatic Direct Stock Issuance Agreement (Sunstone Hotel Investors Inc)

AutoNDA by SimpleDocs

No Impairment of Rights. Nothing in this Agreement or in the Plan shall be deemed to impair or otherwise restrict the rights of the Company or the its stockholders to remove the Optionee from the Board at any time pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Matrix Pharmaceutical Inc/De)

No Impairment of Rights. Nothing in this Agreement or in the Plan ----------------------- shall be deemed to impair or otherwise restrict the rights of the Company or the stockholders to remove the Optionee from the Board at any time pursuant to the provisions of applicable law.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Oec Medical Systems Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!