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

No Right to Employment or Services. The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the Company, the Partnership or any of their Affiliates, or to remain on the Board, as applicable. Furthermore, the Company, the Partnership and/or an Affiliate thereof may at any time dismiss a Participant from employment free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan, any Award Agreement or other written agreement between any such entity and the Participant.

Appears in 5 contracts

Samples: Retention Agreement (MPLX Lp), Retention Agreement (Marathon Petroleum Corp), Retention Agreement (MPLX Lp)

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No Right to Employment or Services. The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the Company, the Partnership Company or any of their AffiliatesAffiliate, to continue as a consultant, or to remain on the Board, as applicable. FurthermoreFurther, the Company, the Partnership and/or Company or an Affiliate thereof may at any time dismiss a Participant from employment or terminate a consulting relationship, free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan, any Award Agreement agreement or other written agreement between any such entity and the Participantagreement.

Appears in 2 contracts

Samples: Option Agreement (Linn Energy, LLC), Option Agreement (Linn Energy, LLC)

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No Right to Employment or Services. The grant of an Award shall not be construed as giving a Participant the right to be retained in the employ of the Company, the Partnership or any of their AffiliatesAffiliate, continue consulting services or to remain on the Board, as applicable. Furthermore, the Company, the Partnership and/or or an Affiliate thereof may at any time dismiss a Participant from employment free from any liability or any claim under the Plan, unless otherwise expressly provided in the Plan, any Award Agreement or other written agreement between any such entity and the Participantagreement.

Appears in 2 contracts

Samples: Long Term Incentive Plan (Energy Transfer LP), Long Term Incentive Plan (Energy Transfer Partners, L.P.)

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