Common use of No Obligation to Continue Position as an Employee Clause in Contracts

No Obligation to Continue Position as an Employee. Neither the Company nor any Subsidiary or affiliate thereof is obligated by or as a result of this Agreement to continue to have the Grantee as an employee and this Agreement shall not interfere in any way with the right of the Company or any Subsidiary or affiliate thereof to terminate the Grantee as an employee at any time, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary or affiliate thereof and the Grantee.

Appears in 7 contracts

Samples: Award Agreement (Tanger Properties LTD Partnership /Nc/), Award Agreement (Tanger Properties LTD Partnership /Nc/), Award Agreement (Tanger Properties LTD Partnership /Nc/)

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No Obligation to Continue Position as an Employee. Neither the Company nor any Subsidiary or affiliate thereof Affiliate is obligated by or as a result of this Agreement to continue to have the Grantee as an employee employee, consultant or advisor and this Agreement shall not interfere in any way with the right of the Company or any Subsidiary or affiliate thereof Affiliate to terminate the Grantee as an employee Grantee’s Continuous Service at any time, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary or affiliate thereof and the Grantee.

Appears in 7 contracts

Samples: Employment Agreement (Morgans Hotel Group Co.), Plan Award Agreement (Morgans Hotel Group Co.), Employment Agreement (Morgans Hotel Group Co.)

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No Obligation to Continue Position as an Employee. Neither the Company nor any Subsidiary or affiliate thereof is obligated by or as a result of this Agreement to continue to have the Grantee as an employee and this Agreement shall not interfere in any way with the right of the Company Company, the Partnership or any Subsidiary or affiliate thereof to terminate the Grantee as an employee at any time, except to the extent expressly provided otherwise in a written agreement between the Company Company, the Partnership or a Subsidiary or affiliate thereof and the Grantee.

Appears in 3 contracts

Samples: Award Agreement (Tanger Properties LTD Partnership /Nc/), Award Agreement (Tanger Properties LTD Partnership /Nc/), Award Agreement (Tanger Properties LTD Partnership /Nc/)

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