No Right to Continued Retention. Neither the establishment of the Plan nor the Award hereunder shall be construed as giving Recipient the right to continued service with the Company or an Affiliate.
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Option Shares hereunder shall be construed as giving the Participant the right to continued employment or other service relationship with the Company or any Affiliate.
No Right to Continued Retention. Neither the establishment of the Stock Plan nor the award of Restricted Shares hereunder shall be construed as giving Employee the right to a continued service relationship with the Company or an affiliate.
No Right to Continued Retention. Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Grantee any right with respect to continuance as an employee, nor shall this Agreement or the Plan interfere in any way with the right of the Corporation to terminate the Grantee's service as an employee at any time.
No Right to Continued Retention. Nothing in this Agreement shall be interpreted or construed to confer upon Optionee any right with respect to Optionee's continued service as an employee with Company, nor shall this Agreement interfere in any way with the right of the Board of Directors of the Company to terminate Optionee's service of employment at any time. Name: ________________________________ Address: ________________________________ ________________________________ ________________________________ Date: ________________________________ Collexis Holding, Inc. 0000 Xxxxxxx Xxxx. Columbia, SC 29209 Attn: Chief Executive Officer Re: Exercise of Nonqualified Stock Option To whom it may concern: I hereby elect to exercise the option granted to me to purchase ________ Option Shares in accordance with that certain Nonqualified Stock Option Agreement (the "Agreement") dated as of ______ __, 2007. Except as otherwise defined in this notice, all capitalized terms and phrases in this notice shall have the meaning ascribed thereto in the Agreement. Subject to Company's acceptance, the purchase shall take place as of the _______ day of __________________ 20__ (the "Exercise Date"). On the Exercise Date, I will deliver to you cash or check payable to Company, in the total amount of $________, representing the full Purchase Price of such Option Shares. If I do not deliver cash or check to Company on the Exercise Date, I hereby request that Company withhold the number of Option Shares that have an aggregate value equal to the Purchase Price of the number of Option Shares for which this notice is given from the number of Option Shares issued to me. As soon as the stock certificate is registered in my name, please deliver it to me at the above address. If the Option Shares being acquired are not registered for issuance to and resale by Optionee pursuant to an effective registration statement on Form S-8 (or successor form) filed under the Securities Act of 1933, as amended (the "1933 Act"), I hereby represent, warrant, covenant, and agree with Company as follows:
1. The Option Shares being acquired by me are being acquired for my own account without the participation of any other person, with the intent of holding the Option Shares for investment and without the intent of participating, directly or indirectly, in a distribution of the Option Shares, and not with a view to, or for resale in connection with, any distribution of the Option Shares, nor am I aware of the existence of any distribution of th...
No Right to Continued Retention. The award of Option Shares hereunder shall not be construed as giving the Optionee the right to continue as an employee of the Company or any affiliate.
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Restricted Shares hereunder shall be construed as giving Employee the right to any continued service relationship with the Company. TO: NetBank, Inc. FROM:
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Restricted Shares hereunder shall be construed as giving Director the right to any continued service relationship with the Company or any affiliate of the Company.
No Right to Continued Retention. Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Grantee any right with respect to continuance as an Executive.
No Right to Continued Retention. This Agreement does not confer upon the Holder any right to continued retention by the Corporation or any of its subsidiaries or affiliated companies, nor shall it interfere in any way with the right to terminate the retention of the Holder at any time for any reason or no reason.
