No Right to Continue. PMI shall have no right to require Dealer to continue to act as a Dealer of Products, or any of them, and Dealer shall have no right to require PMI to continue to supply Products, or any of them, to Dealer or any other person. Each of PMI and Dealer covenants and agrees that at no time will it commence any action or proceeding wherein it alleges that it has or had any such rights.
No Right to Continue. PMI shall have no right to require Referral Agent to continue to act as a Referral Agent of Products, or any of them, and Referral Agent shall have no right to require PMI to continue to supply Products, or any of them, to Referral Agent or any other person. Each of PMI and Referral Agent covenants and agrees that at no time will it commence any action or proceeding wherein it alleges that it has or had any such rights.
No Right to Continue. None of the Plan, the granting of the Option or any other action taken pursuant to the Plan will constitute or be evidence of any grant or understanding, express or implied, that the Optionee has a right to continue as a director for any period of time or at any particular rate of compensation.