No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.
Appears in 28 contracts
Samples: Option Award Agreement (ProPhase Labs, Inc.), Nonqualified Stock Option Agreement (PPL Energy Supply LLC), Option Award Agreement (ProPhase Labs, Inc.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this This Agreement shall impose no obligation on not confer upon the Optionee any right with respect to continuance of employment by the Company or any Affiliate to continue thereof, nor shall it interfere in any way with the Employment right of the Participant and shall not lessen Company or affect the Company’s or its Affiliate’s right any Affiliate thereof to terminate the Employment of such ParticipantOptionee’s employment at any time.
Appears in 25 contracts
Samples: Stock Option Agreement (Deltek, Inc), Stock Option Agreement (Deltek, Inc), Stock Option Agreement (Deltek, Inc)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate other member of the Company Group to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliatesuch other member’s right to terminate the Employment of such Participant.
Appears in 23 contracts
Samples: Employment Agreement (Hawker Beechcraft Quality Support Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Notes Co)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s Affiliates’ right to terminate the Employment of such the Participant.
Appears in 11 contracts
Samples: Nonqualified Stock Option Agreement (Education Management LLC), Nonqualified Stock Option Agreement (Brown Mackie Holding CO), Nonqualified Stock Option Agreement (Brown Mackie Holding CO)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s Affiliates’ right to terminate the Employment of such Participant.
Appears in 9 contracts
Samples: Option Agreement (Tradeweb Markets Inc.), Nonqualified Stock Option Agreement (McJunkin Red Man Holding Corp), Nonqualified Stock Option Agreement (McJunkin Red Man Holding Corp)
No Right to Continued Employment. The granting of the Option evidenced hereby and this This Agreement shall impose no obligation on not be construed as giving the Optionee any right to be retained in the employ or service of the Company or an Affiliate or to affect or limit in any Affiliate to continue way the Employment right of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right Company to terminate the Employment employment or service of such Participantthe Optionee at any time with or without assigning a reason therefor.
Appears in 8 contracts
Samples: Stock Option Agreement (Telecommunication Systems Inc /Fa/), Incentive Stock Option Agreement (Telecommunication Systems Inc /Fa/), Incentive Stock Option Agreement (Telecommunication Systems Inc /Fa/)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment of such Participant.
Appears in 8 contracts
Samples: Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Nonqualified Share Option Agreement (Aspen Insurance Holdings LTD)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant. The granting of the Option does not form part of and should in no way be construed as a term or condition of employment. At all times, the Option granted hereunder is discretionary and does not imply that additional Options will be awarded in the future.
Appears in 6 contracts
Samples: Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant Optionee and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such ParticipantOptionee.
Appears in 6 contracts
Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.)
No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such the Participant.
Appears in 5 contracts
Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.), Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.), Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)
No Right to Continued Employment. The granting Nothing in this Option Agreement shall confer upon a Participant who is an employee of the Option evidenced hereby and this Agreement shall impose no obligation on Company any right to continue in the employ of the Company or to interfere in any Affiliate to continue way with the Employment right of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right Company to terminate the Employment of such Participant’s employment at any time.
Appears in 4 contracts
Samples: Non Qualified Stock Option Award Agreement (Pacific Premier Bancorp Inc), Incentive Stock Option Award Agreement (Pacific Premier Bancorp Inc), Incentive Stock Option Award Agreement (Pacific Premier Bancorp Inc)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant.
Appears in 3 contracts
Samples: Employment Agreement, Nonqualified Stock Option Agreement (Toys R Us Inc), Employment Agreement (Toys R Us Inc)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company Corporation or any Affiliate affiliate to continue the Employment employment of the Participant Employee and shall not lessen or affect the CompanyCorporation’s or its Affiliateany affiliate’s right to terminate the Employment employment of such ParticipantEmployee.
Appears in 2 contracts
Samples: Stock Option Agreement (Bard C R Inc /Nj/), Stock Option Agreement (Bard C R Inc /Nj/)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Toys R Us Inc), Nonqualified Stock Option Agreement (Freescale Semiconductor Holdings I, Ltd.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the - 3 - Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.
Appears in 2 contracts
Samples: Options Award Agreement (ProPhase Labs, Inc.), Options Award Agreement (ProPhase Labs, Inc.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such Participant.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Toys R Us Inc), Nonqualified Stock Option Agreement (Toys R Us Inc)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate other member of the Company or its Affiliates to continue the Employment of the Participant Optionee and shall not lessen or affect the Company’s or any of its Affiliate’s Affiliates’ right to terminate the Employment of such Participantthe Optionee.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Michael Foods Group, Inc.), Nonqualified Stock Option Agreement (Michael Foods Group, Inc.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment employment of such ParticipantParticipant for any reason at any time.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (Telanetix,Inc), Nonqualified Stock Option Agreement (Telanetix,Inc)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such ParticipantParticipant for any reason at any time.
Appears in 2 contracts
Samples: Nonqualified Stock Option Agreement (NewPage Group Inc.), Rollover Nonqualified Stock Option Agreement (NewPage Group Inc.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on right upon the Company or any Affiliate Participant to continue in the Employment of employ or service with the Participant Company’s investment adviser and shall not lessen or affect the Company’s or its Affiliateinvestment adviser’s right to terminate the Employment employ or service of such ParticipantParticipant at any time.
Appears in 2 contracts
Samples: Stock Option Agreement (CreXus Investment Corp.), Nonqualified Stock Option Agreement (Chimera Investment Corp)
No Right to Continued Employment. The granting Company Option does not confer upon Participant any right to continue in the employ of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participantemployment at any time.
Appears in 2 contracts
Samples: Incentive Stock Option Agreement (Extended Stay America Inc), Stock Option Agreement (Extended Stay America Inc)
No Right to Continued Employment. The granting Nothing in this Option Agreement shall be deemed by implication or otherwise to confer upon the Participant the right to continue in the employment or service of the Option evidenced hereby and this Agreement shall impose no obligation on the Partnership, Company or any Affiliate to continue the Employment thereof, or impose any limitation on any right of the Participant and shall not lessen Partnership, Company or affect the Company’s or its Affiliate’s right any Affiliate thereof, to terminate the Employment of such Participant's employment or service at any time for any reason.
Appears in 1 contract
No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Option Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (El Pollo Loco Holdings, Inc.)
No Right to Continued Employment. The granting This Agreement and the grant of the Option evidenced hereby and this Agreement shall impose no obligation on do not confer upon the Participant any right with respect to continuance of employment with the Company or any an Affiliate to continue and do not interfere with the Employment right of the Participant and shall not lessen Company or affect the Company’s or its Affiliate’s right an Affiliate to terminate the Employment of such Participant’s employment.
Appears in 1 contract
Samples: Stock Option Agreement (Summit Hotel Properties, Inc.)
No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment of such Participant.
Appears in 1 contract
Samples: Nonqualified Share Option Agreement (Aspen Insurance Holdings LTD)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company Corporation or any Affiliate affiliate to continue the Employment employment of the Participant Employee and shall not lessen or affect the Company’s Corporation's or its Affiliate’s any affiliate's right to terminate the Employment employment of such ParticipantEmployee.
Appears in 1 contract
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such Participant.
Appears in 1 contract
Samples: Performance Based Nonqualified Stock Option Agreement (Toys R Us Inc)
No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment of such Participant.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)
No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on right upon the Participant to continue in the employ or service to the Company with the Company’s manager or any Affiliate its Affiliates or otherwise [or, if an independent director, to continue the Employment of the Participant Company] and shall not lessen or affect the Company’s or its Affiliatethe Company’s manager’s [or, if an independent director, the Company’s] right to terminate the Employment employ or service of such ParticipantParticipant at any time.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Bayview Mortgage Capital, Inc.)
No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)
No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such the Participant.
Appears in 1 contract
Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)