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 Affiliate is obligated by or as a result of this Agreement to continue to have the Grantee as an employee, consultant or advisor and this Agreement shall not interfere in any way with the right of the Company or any Affiliate to terminate the Grantee’s Continuous Service at any time.

Appears in 7 contracts

Samples: Employment Agreement (Morgans Hotel Group Co.), Employment 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 Affiliate Subsidiary or affiliate thereof is obligated by or as a result of this Agreement to continue to have the Grantee as an employee, consultant or advisor employee and this Agreement shall not interfere in any way with the right of the Company or any Affiliate Subsidiary or affiliate thereof to terminate the Grantee’s Continuous Service 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: Notional Unit Award Agreement (Tanger Properties LTD Partnership /Nc/), Notional Unit Award Agreement (Tanger Properties LTD Partnership /Nc/), Notional Unit Award Agreement (Tanger Properties LTD Partnership /Nc/)

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

Appears in 3 contracts

Samples: Restricted Share Unit Award Agreement (Tanger Properties LTD Partnership /Nc/), Notional Unit Award Agreement (Tanger Properties LTD Partnership /Nc/), Award Agreement (Tanger Properties LTD Partnership /Nc/)

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