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

No Right to Continue as a Director. Neither the Plan nor this option shall constitute or be evidence of any agreement or 3 understanding, express or implied, that the Optionee has a right to continue as a member of the Company's Board of Directors for any period of time.

Appears in 4 contracts

Samples: Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc), Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc), Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

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No Right to Continue as a Director. Neither the Plan Plan, nor this option the granting of any options, nor any other action taken pursuant to the Plan, shall constitute or be evidence of any agreement or 3 understanding, express or implied, that the Optionee has Company will retain a right to continue recipient as a member of the Company's Board of Directors director for any period of time, or at any particular rate of compensation.

Appears in 2 contracts

Samples: Option Assumption Agreement (First Sterling Banks Inc), Option Assumption Agreement (First Sterling Banks Inc)

No Right to Continue as a Director. Neither the Plan nor this option shall constitute or be evidence of any agreement or 3 understanding, express or implied, that the Optionee has a right to continue as a member of the Company's ’s Board of Directors for any period of time, or at any particular rate of compensation.

Appears in 2 contracts

Samples: Non Employee Director Non Qualified Stock Option Agreement (Hanger, Inc.), Non Employee Director Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

No Right to Continue as a Director. Neither the Plan nor this option shall constitute or be evidence of any agreement or 3 understanding, express or implied, that the Optionee has a right to continue as a member of the Company's Board of Directors for any period of time.or

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

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No Right to Continue as a Director. Neither the Plan nor this option shall constitute or be evidence of any agreement or 3 understanding, express or implied, that the Optionee has a right to continue as a member of the Company's Board of Directors for any 3 period of time.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Hanger Orthopedic Group Inc)

No Right to Continue as a Director. Neither the Plan nor this option shall constitute or be evidence of any agreement or 3 understanding, express or implied, that the Optionee has a right to continue as a member of the Company's ’s Board of Directors for any period of time, or at any particular rate of compensation.

Appears in 1 contract

Samples: Non Employee Director Non Qualified Stock Option Agreement (Hanger, Inc.)

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