Common use of No Right to Employment or Service Clause in Contracts

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued in the employment of an Employer or interfere in any way with the Employer's right to terminate the Optionee's employment at will at any time, for any reason, with or without cause, or to decrease the Optionee's compensation or benefits, or (ii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.

Appears in 7 contracts

Samples: Incentive Stock Option Agreement (McCormick & Schmicks Seafood Restaurants Inc.), Incentive Stock Option Agreement (Verasun Energy Corp), Non Statutory Stock Option Agreement (Verasun Energy Corp)

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No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued in the employment of an Employer or interfere in any way with the Employer's ’s right to terminate the Optionee's ’s employment at will at any time, for any reason, with or without cause, or to decrease the Optionee's ’s compensation or benefits, or (ii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.

Appears in 6 contracts

Samples: Form of Incentive Stock Option Agreement (Methes Energies International LTD), Non Statutory Stock Option Agreement (Methes Energies International LTD), Verasun Energy Corporation (Verasun Energy Corp)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued employed or to continue in the employment of an Employer or service to the Company; (ii) interfere in any way with the Employer's right of the Company to terminate the Optionee's employment at will or service with the Company at any time, time for any reason, with or without cause, or to decrease the Optionee's compensation or benefits, ; or (iiiii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal renewal, or modification of any compensation, contract or arrangement with or by the EmployerCompany.

Appears in 3 contracts

Samples: Stock Option Agreement (Columbia Sportswear Co), Sportswear Company Stock Option Agreement (Columbia Sportswear Co), Sportswear Company Stock Option Agreement (Columbia Sportswear Co)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued employed or to continue in the employment of an Employer or service to the Company; (ii) interfere in any way with the Employer's right of the Company to terminate the Optionee's ’s employment at will or service with the Company at any time, time for any reason, with or without cause, or to decrease the Optionee's ’s compensation or benefits, ; or (iiiii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal renewal, or modification of any compensation, contract or arrangement with or by the EmployerCompany.

Appears in 2 contracts

Samples: Sportswear Company Stock Option Agreement (Columbia Sportswear Co), Stock Option Agreement (Columbia Sportswear Co)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued in the employment or service of an Employer or interfere in any way with the Employer's right to terminate the Optionee's employment or service at will at any time, for any reason, with or without cause, or to decrease the Optionee's compensation or benefits, or (ii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.

Appears in 2 contracts

Samples: Stock Option Agreement (Sensar Corp /Nv/), Stock Option Agreement (Sensar Corp /Nv/)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued in the employment of an Employer or interfere in any way with the Employer's ’s right to terminate the Optionee's ’s employment at will at any time, for any reason, with or without cause, or to decrease the Optionee's ’s compensation or benefits, or (ii) confer upon the Optionee or a Lifetime Transferee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.

Appears in 2 contracts

Samples: 2011 Equity Incentive Plan (NUSCALE POWER Corp), 2011 Equity Incentive Plan (NUSCALE POWER Corp)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued employed or to continue in the employment of an Employer or service to the Company; (ii) interfere in any way with the Employer's right of the Company to terminate the Optionee's ’s employment at will or service with the Company at any time, time for any reason, with or without cause, or to decrease the Optionee's ’s compensation or benefits, or (ii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.; or

Appears in 2 contracts

Samples: Stock Option Agreement (Columbia Sportswear Co), Stock Option Agreement (Columbia Sportswear Co)

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No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued employed or to continue in the employment of an Employer or service to the Company; (ii) interfere in any way with the Employer's right of the Company to terminate the Optionee's employment at will or service with the Company at any time, time for any reason, with or without cause, or to decrease the Optionee's compensation or benefits, or (iiiii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal renewal, or modification of any compensation, contract or arrangement with or by the EmployerCompany.

Appears in 2 contracts

Samples: Stock Option Agreement (Macheezmo Mouse Restaurants Inc), Stock Option Agreement (Macheezmo Mouse Restaurants Inc)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (i) confer upon the Optionee any right to be continued in the employment of an Employer or interfere in any way with the Employer's ’s right to terminate the Optionee's ’s employment at will at any time, for any reason, with or without cause, or to decrease the Optionee's ’s compensation or benefits, or (ii) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (ADVANCED MEDICAL ISOTOPE Corp)

No Right to Employment or Service. Nothing in the Plan or this Agreement shall (ia) confer upon the Optionee any right to be continued in the employment of an Employer or interfere in any way with the Employer's ’s right to terminate the Optionee's ’s employment at will at any time, for any reason, with or without cause, or to decrease the Optionee's ’s compensation or benefits, or (iib) confer upon the Optionee any right to be retained or employed by the Employer or to the continuation, extension, renewal or modification of any compensation, contract or arrangement with or by the Employer.

Appears in 1 contract

Samples: Stock Option Agreement (Nike Inc)

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