No Right of Continued Employment or Service; Forfeiture of Award. Neither the Plan, the grant of the Option nor any other action related to the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or an Affiliate or to interfere in any way with the right of the Corporation or an Affiliate to terminate the Participant’s employment or service at any time. Except as otherwise expressly provided in the Plan or this Agreement or as determined by the Administrator, all rights of the Participant with respect to the Option shall terminate upon termination of the Participant’s employment or service.
Appears in 2 contracts
Samples: Stock Option Agreement (Atlantic Capital Bancshares, Inc.), Stock Option Agreement (Pokertek Inc)
No Right of Continued Employment or Service; Forfeiture of Award. Neither the Plan, the grant of the Option nor any other action related to the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or an Affiliate a Subsidiary or to interfere in any way with the right of the Corporation or an Affiliate a Subsidiary to terminate the Participant’s employment or service at any time. Except as otherwise expressly provided in the Plan or this Agreement or as determined by the Administrator, all rights of the Participant with respect to the Option shall terminate upon termination of the Participant’s employment or service.
Appears in 1 contract
Samples: Xenith Bankshares, Inc.
No Right of Continued Employment or Service; Forfeiture of Award. Neither the Plan, the grant of the Option nor any other action related to the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or an Affiliate or to interfere in any way with the right of the Corporation or an Affiliate to terminate the Participant’s employment or service at any time. Except as otherwise expressly provided in the Plan Plan, Employment Agreement or this Agreement or as determined by the Administrator, all rights of the Participant with respect to the Option shall terminate upon termination of the Participant’s employment or service.
Appears in 1 contract
Samples: 2014 Stock Incentive Plan (Chanticleer Holdings, Inc.)
No Right of Continued Employment or Service; Forfeiture of Award. Neither the Plan, the grant of the Option RSUs nor any other action related to the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or an Affiliate or to interfere in any way with the right of the Corporation or an Affiliate to terminate the Participant’s employment or service at any time. Except as otherwise expressly provided in the Plan Plan, Employment Agreement or this Agreement or as determined by the Administrator, all rights of the Participant with respect to the Option RSUs shall terminate upon termination of the Participant’s employment or service.
Appears in 1 contract
Samples: Restricted Stock Unit Agreement (Chanticleer Holdings, Inc.)
No Right of Continued Employment or Service; Forfeiture of Award. Neither the Plan, the grant of the Option an Award nor any other action related to the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation Company or a Subsidiary as an Affiliate employee, Director or independent contractor or to interfere in any way with the right of the Corporation Company or an Affiliate a Subsidiary to terminate the Participant’s 's employment or service at any time. Except as otherwise expressly provided in the Plan or this Agreement Plan, an Agreement, or as may be determined by the AdministratorBoard, all rights of the a Participant with respect to the Option an unvested Award shall terminate upon termination the Termination of the Participant’s employment or serviceEmployment.
Appears in 1 contract
Samples: Incentive Stock Option Award Agreement (Us Energy Corp)