Common use of No Right to Continue as a Director Clause in Contracts

No Right to Continue as a Director. Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Participant any right to continue as a director of the Corporation, nor shall this Agreement or the Plan interfere in any way with the right of the Corporation or its directors or stockholders to remove the Participant as a director in accordance with the by-laws of the Corporation.

Appears in 9 contracts

Samples: Deferred Stock Unit Agreement (L3 Technologies, Inc.), Restricted Stock Unit Agreement (L3 Technologies, Inc.), Restricted Stock Unit Agreement (L3 Technologies, Inc.)

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No Right to Continue as a Director. Nothing in Neither the Plan nor this Agreement shall constitute or the Plan shall be interpreted evidence of any agreement, express or construed to confer upon implied, that the Participant any has a right to continue as a director of the CorporationCompany for any period of time, nor shall this Agreement or the Plan interfere in at any way with the right of the Corporation or its directors or stockholders to remove the Participant as a director in accordance with the by-laws of the Corporationparticular compensation.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Peabody Energy Corp), Term Equity Incentive Plan (Peabody Energy Corp), Restricted Stock Agreement (Peabody Energy Corp)

No Right to Continue as a Director. Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Participant any right to continue as a director of the Corporation, nor shall this Agreement or the Plan interfere in any way with the right of the Corporation or its directors or stockholders to remove the Participant as a director in accordance with the by-laws bylaws of the Corporation.

Appears in 2 contracts

Samples: Restricted Stock Unit Agreement (Engility Holdings, Inc.), Restricted Stock Unit Agreement (Engility Holdings, Inc.)

No Right to Continue as a Director. Nothing in this Agreement or Neither the Plan nor any action taken thereunder shall be interpreted or construed deemed to confer upon give Participant the Participant any right to continue service as a director of the Corporation, nor shall this Agreement or the Plan interfere in any way with the right of the Corporation or its directors or stockholders to remove the Participant as a director in accordance with the by-laws of the Corporation.

Appears in 1 contract

Samples: Rsu Grant Agreement (Encana Corp)

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No Right to Continue as a Director. Nothing in this Option Agreement or the Plan shall be interpreted or construed to confer upon the Participant Optionee any right to continue as a director of the CorporationCompany, nor shall this Agreement or the Plan interfere in any way with the right of the Corporation Company or its directors or stockholders to remove the Participant Optionee as a director in accordance with the byBy-laws of the CorporationCompany.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (L 3 Communications Holdings Inc)

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