Common use of No Obligation to Employ Clause in Contracts

No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause.

Appears in 16 contracts

Samples: Non Plan Stock Option Agreement, Non Plan Stock Option Agreement (Loxo Oncology, Inc.), Non Plan Stock Option Agreement (Cepheid)

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No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 10 contracts

Samples: Non Plan Stock Option Agreement (Niku Corp), Equity Award Grant Agreement (Quick Med Technologies Inc), Non Plan Stock Option Agreement (Silicon Image Inc)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause.

Appears in 8 contracts

Samples: Stock Incentive Plan (Accolade, Inc.), Stock Option Agreement (Verisign Inc/Ca), Stock Option Agreement (China Health Resource, Inc.)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 6 contracts

Samples: Equity Incentive Plan Stock Option Agreement (Niku Corp), Stock Option Agreement (Bioshield Technologies Inc), Stock Option Agreement (Bioshield Technologies Inc)

No Obligation to Employ. Nothing in this Agreement shall ----------------------- confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 5 contracts

Samples: Plan Stock Option Agreement (Verisign Inc/Ca), Stock Option Agreement (Tsi International Software LTD), Nonqualified Stock Option Agreement (Exodus Communications Inc)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company Company, a Subsidiary or any Parent or Subsidiary of the Companyan Affiliate, or limit in any way the right of the Company or any Parent Affiliate or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause. This Agreement does not constitute an employment contract. This Agreement does not guarantee employment for the length of time of the Vesting Schedule or for any portion thereof.

Appears in 5 contracts

Samples: Stock Option Agreement (Net Perceptions Inc), Stock Option Agreement (Stamford Industrial Group, Inc.), Stock Option Agreement (Stamford Industrial Group, Inc.)

No Obligation to Employ. Nothing in the Plan, the Certificate or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause.

Appears in 4 contracts

Samples: Equity Incentive Plan (Lexar Media Inc), Non Employee Stock Option Agreement (Lexar Media Inc), Stock Option Agreement (Lexar Media Inc)

No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent Parent, Subsidiary or Subsidiary Affiliate of the Company, or limit in any way the right of the Company or any Parent Parent, Subsidiary or Subsidiary Affiliate of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Causecause.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Macromedia Inc), Qualified Stock Option Agreement (Macromedia Inc), Non Qualified Stock Option Agreement (Macromedia Inc)

No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ of, Optionee’s employment or other relationship with, the Company or any Parent or Subsidiary of with the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause.

Appears in 3 contracts

Samples: Stock Option Agreement (NGTV), Stock Option Agreement (NGTV), Stock Option Agreement (NGTV)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company Company, a Subsidiary or any Parent or Subsidiary of the Companyan Affiliate, or limit in any way the right of the Company or any Parent Affiliate or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause. This Agreement does not constitute an employment or other service contract. This Agreement does not guarantee employment or other service for the length of time of the Vesting Schedule or for any portion thereof.

Appears in 3 contracts

Samples: Stock Option Agreement (Cadre Holdings, Inc.), Stock Option Agreement (Black Diamond, Inc.), Stock Option Agreement (Clarus Corp)

No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ of, to continue to be a Service Provider or to have or continue any other relationship with, the Company or any Parent Parent, Subsidiary or Subsidiary Affiliate of the Company, or limit in any way the right of the Company or any Parent Parent, Subsidiary or Subsidiary Affiliate of the Company to terminate Optionee’s 's employment or other relationship (as a Service Provider or otherwise) at any time, with or without Causecause.

Appears in 2 contracts

Samples: Non Qualified Stock Option Agreement (HNC Software Inc/De), Non Qualified Stock Option Agreement (HNC Software Inc/De)

No Obligation to Employ. Nothing in the Plan or this Agreement ----------------------- shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 2 contracts

Samples: Stock Option Agreement (Interwoven Inc), Stock Option Agreement (Interwoven Inc)

No Obligation to Employ. Nothing in the Plan or this ----------------------- Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 2 contracts

Samples: Stock Option Agreement (Interwoven Inc), Nonqualified Stock Option Agreement (Exodus Communications Inc)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Causecause.

Appears in 2 contracts

Samples: Stock Option Agreement (Grail, Inc.), Stock Option Agreement (Grail, Inc.)

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No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent Affiliate or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause. THIS AGREEMENT DOES NOT CONSTITUTE AN EMPLOYMENT CONTRACT. THIS AGREEMENT DOES NOT GUARANTEE EMPLOYMENT FOR THE LENGTH OF TIME OF THE VESTING SCHEDULE OR FOR ANY PORTION THEREOF.

Appears in 2 contracts

Samples: 2001 Stock Incentive Plan Stock Option Agreement (Specialty Catalog Corp), 2001 Stock Incentive Plan Stock Option Agreement (Specialty Catalog Corp)

No Obligation to Employ. Nothing in the Plan or this Agreement ----------------------- shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 1 contract

Samples: Stock Option Agreement (Netopia Inc)

No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ ofservice of the Company, or other relationship with, the Company any parent or any Parent or Subsidiary subsidiary of the Company, or limit in any way the right of the Company Company, or any Parent parent or Subsidiary subsidiary of the Company Company, to terminate Optionee’s employment or other relationship service at any time, with or without Cause.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Verisign Inc/Ca)

No Obligation to Employ. Nothing in this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary Affiliate of the Company, or limit in any way the right of the Company or any Parent or Subsidiary Affiliate of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 1 contract

Samples: Option Agreement (Marketwatch Com Inc)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer confers on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company (or any successor-in-interest to the Company), or limit limits in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause.

Appears in 1 contract

Samples: Equity Incentive Plan (Formfactor Inc)

No Obligation to Employ. Nothing in this Agreement shall confer ----------------------- on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Exodus Communications Inc)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s employment or other relationship at any time, with or without Cause. 4.

Appears in 1 contract

Samples: Stock Option Agreement (Par Technology Corp)

No Obligation to Employ. Nothing in the Plan or this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Causecause.

Appears in 1 contract

Samples: Stock Option Agreement (Silicon Image Inc)

No Obligation to Employ. Nothing in the terms of the Plan or ----------------------- this Agreement shall confer on Optionee any right to continue in the employ of, or other relationship with, the Company or any Parent or Subsidiary of the Company, or limit in any way the right of the Company or any Parent or Subsidiary of the Company to terminate Optionee’s 's employment or other relationship at any time, with or without Cause.

Appears in 1 contract

Samples: Stock Option Agreement (Ebay Inc)

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