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

No Right to Continue as a Director. This Agreement does not constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain Director for any period of time or at any particular rate of compensation.

Appears in 4 contracts

Samples: Director Stock Option Agreement (Bombay Company Inc), Director Stock Option Agreement (Bombay Company Inc), Director Stock Option Agreement (Bombay Company Inc)

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No Right to Continue as a Director. This Neither this Agreement does not nor any other action taken pursuant to this Agreement shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain Director the Optionee for any period of time or at any particular rate of compensationtime.

Appears in 2 contracts

Samples: Director Non Statutory Stock Option Agreement (Epresence Inc), Director Non Statutory Stock Option Agreement (Epresence Inc)

No Right to Continue as a Director. This Agreement does not constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain Director as a director for any period of time or at any particular rate of compensation.

Appears in 1 contract

Samples: Restricted Stock Agreement (Bombay Company Inc)

No Right to Continue as a Director. This Nothing in this Agreement does not shall confer upon Optionee any right to continue to serve as a director on the Board of the Company or any of its subsidiaries, or shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain Director Optionee as a director for any period of time or at any particular rate of compensationtime.

Appears in 1 contract

Samples: Stock Option Agreement (Horizon Offshore Inc)

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No Right to Continue as a Director. This Neither this Agreement does not nor any other action taken pursuant to this Agreement shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain Director the Optionee, as a director or otherwise, for any period of time or at any particular rate of compensationtime.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Mapinfo Corp)

No Right to Continue as a Director. This Neither this Agreement does not nor any other action taken pursuant to this Agreement shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain Director the Optionee for any period of time or at any particular rate of compensation.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Iomega Corp)

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