Common use of No Right to Board Membership Clause in Contracts

No Right to Board Membership. This Agreement does not confer upon the Grantee any right to remain a member of the Board, nor confer any obligation on the part of the Company or the Board to nominate the Grantee for re-election by the Company’s stockholders.

Appears in 5 contracts

Samples: Deferred Stock Unit Award Agreement (Wyeth), Deferred Stock Unit Award Agreement (Wyeth), Deferred Stock Unit Award Agreement (Wyeth)

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No Right to Board Membership. This Agreement does not confer upon the Grantee Optionee any right to remain a member of the Board, nor confer any obligation on the part of the Company or the Board to nominate the Grantee Optionee for re-election by the Company’s stockholders.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Wyeth)

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