Common use of NO PRIOR RIGHTS Clause in Contracts

NO PRIOR RIGHTS. This Agreement is not a contract of employment and neither this Agreement nor any action taken hereunder shall be construed as giving the Employee any right to be retained in the employ of the Company or any of its partners or affiliates nor limit the right of the Company to discharge the Employee. This Agreement provides solely for additional compensation for the Employee's services, payable after the termination of his employment with the Company and is not intended to be an employment contract.

Appears in 3 contracts

Samples: Deferred Compensation Agreement (Standard Parking Ii LLC), Executive Employment Agreement (Apcoa Inc), Executive Employment Agreement (Ap Holdings Inc)

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NO PRIOR RIGHTS. This Agreement is not a contract of employment and neither this Agreement nor any action taken hereunder shall be construed as giving the Employee any right to be retained in the employ of the Company or any of its partners or affiliates nor limit the right of the Company to discharge the Employee. This Agreement provides solely for additional compensation for the Employee's ’s services, payable after the termination of his employment with the Company and is not intended to be an employment contract.

Appears in 1 contract

Samples: Deferred Compensation Agreement (Standard Parking Corp)

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