Common use of No Rights to Employment Clause in Contracts

No Rights to Employment. Nothing contained in this Agreement shall be construed as giving the Employee any right to be retained, in any position, as an employee of the Company. The Employee further acknowledges and agrees that the transactions contemplated hereunder and the vesting provisions set forth herein do not constitute an express or implied process of continued engagement as an employee until the Shares vest, for any period of time, or at all.

Appears in 9 contracts

Samples: Restricted Stock Agreement (American Superconductor Corp /De/), Restricted Stock Agreement (American Superconductor Corp /De/), Restricted Stock Agreement (American Superconductor Corp /De/)

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No Rights to Employment. Nothing contained in this Agreement shall be construed as giving the Employee any right to be retainedcontinued employment with the Company, in any position, as or to establish or maintain an employee of on-going business relationship with the Company. The Employee further acknowledges and agrees that the transactions contemplated hereunder and the vesting provisions schedule set forth herein do not constitute an express or implied process promise of continued engagement as an a consultant or employee until for the Shares vestvesting period, for any period of timeperiod, or at all.

Appears in 3 contracts

Samples: Restricted Stock Agreement, Restricted Stock Agreement (Abiomed Inc), Restricted Stock Agreement (Abiomed Inc)

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No Rights to Employment. Nothing contained in this Agreement shall be construed as giving the Employee Recipient any right to be retained, in any position, as an employee of the Company. The Employee further Recipient acknowledges and agrees that the transactions contemplated hereunder and the vesting provisions schedule set forth herein do not constitute an express or implied process promise of continued engagement as an employee until for the Shares vestvesting period, for any period of timeperiod, or at all.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Millennium Pharmaceuticals Inc), Restricted Stock Agreement (Millennium Pharmaceuticals Inc)

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