Common use of No Right of Continued Employment Clause in Contracts

No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation or interfere with the right of the Corporation or a related corporation to terminate the Participant's employment or service at any time. Except as otherwise expressly provided in the Plan, all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporation.

Appears in 3 contracts

Samples: Agreement (Clarus Corp), Stock Option Agreement (Clarus Corp), Exhibit 99 (Clarus Corp)

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No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation or interfere with the right of the Corporation or a related corporation to terminate the Participant's employment or service at any time. Except as otherwise expressly provided in the PlanPlan and this Agreement (including but not limited to Schedule A), all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporation.

Appears in 3 contracts

Samples: 2003 Stock Incentive (Rf Micro Devices Inc), 2003 Stock Incentive Plan (Rf Micro Devices Inc), 2003 Stock Incentive Plan Of (Rf Micro Devices Inc)

No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation or interfere with the right of the Corporation or a related corporation to terminate the Participant's ’s employment or service at any time. Except as otherwise expressly provided in the PlanPlan and this Agreement, all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporation.

Appears in 3 contracts

Samples: 2003 Stock Incentive Plan Of (Rf Micro Devices Inc), 2003 Stock Incentive Plan Of (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation or interfere with the right of the Corporation or a related corporation to terminate the Participant's ’s employment or service at any time. Except as otherwise expressly provided in the PlanPlan and this Agreement (including but not limited to Schedule A), all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporation.

Appears in 2 contracts

Samples: 2003 Stock Incentive Plan Of (Rf Micro Devices Inc), Stock Option Agreement (Rf Micro Devices Inc)

No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation Related Corporation or interfere with the right of the Corporation or a related corporation Related Corporation to terminate the Participant's employment or service at any time. Except as otherwise expressly provided in the Plan, all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporation.

Appears in 2 contracts

Samples: Equity Incentive Plan (Insteel Industries Inc), Equity Incentive Plan (Insteel Industries Inc)

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No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation entity or interfere with the right of the Corporation or a related corporation entity to terminate the Participant's employment or service at any time. Except as otherwise expressly provided in the Plan, all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporationentity.

Appears in 1 contract

Samples: Stock Incentive (Clarus Corp)

No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation entity or interfere with the right of the Corporation or a related corporation entity to terminate the Participant's employment or service at any time. Except as otherwise expressly provided in the Plan, all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporationentity.

Appears in 1 contract

Samples: Stock Option Agreement (Clarus Corp)

No Right of Continued Employment. Nothing contained in this -------------------------------- Agreement or the Plan shall confer upon the Participant any right to continue in the employment or service of the Corporation or a related corporation or interfere with the right of the Corporation or a related corporation to terminate the Participant's employment or service at any time. Except as otherwise expressly provided in the Plan, all rights of the Participant under the Plan with respect to the unexercised portion of his Option shall terminate upon termination of the employment of the Participant with the Corporation or a related corporation.

Appears in 1 contract

Samples: Stock Incentive (Clarus Corp)

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