Common use of No Rights to Grants or Continued Employment Clause in Contracts

No Rights to Grants or Continued Employment. The Participant shall not have any claim or right to receive grants of Options under the Plan. Neither the Plan nor this Agreement nor any action taken or omitted to be taken hereunder or thereunder shall be deemed to create or confer on the Participant any right to be retained in the employ of the Company or any Subsidiary or other affiliate thereof, or to interfere with or to limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate the employment of the Participant at any time.

Appears in 2 contracts

Samples: Stock Option Agreement (Dictaphone Corp /De), Stock Option Agreement (Dictaphone Corp /De)

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No Rights to Grants or Continued Employment. The Participant shall not have any claim or right to receive grants of Options under the Plan. Neither the Plan nor this Agreement nor any action taken or omitted to be taken hereunder or thereunder shall be deemed to create or confer on the Participant any right to be retained in the employ of the Company or any Subsidiary or other affiliate thereofof its subsidiaries, or to interfere with or to limit in any way the right of the Company or any Subsidiary or other affiliate thereof of its subsidiaries to terminate the employment of the Participant at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Lincoln Educational Services Corp)

No Rights to Grants or Continued Employment. The Participant shall not have any claim or right to receive grants of Options under the Plan. Neither the Plan nor this Agreement nor any action taken or omitted to be taken hereunder or thereunder shall be deemed to create or confer on the Participant any right to be retained in the employ of the Company or any Subsidiary or other affiliate Affiliate thereof, or to interfere with or to limit in any way the right of the Company or any Subsidiary or other affiliate Affiliate thereof to terminate the employment of the Participant at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Acg Holdings Inc)

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No Rights to Grants or Continued Employment. The Participant shall not have any claim or right to receive grants of Options Restricted Shares under the Plan. Neither the Plan nor this Agreement nor any action taken or omitted to be taken hereunder or thereunder shall be deemed to create or confer on the Participant any right to be retained in the employ of the Company or any Subsidiary or other affiliate thereofSubsidiary, or to interfere with or to limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate the employment of the Participant at any time.

Appears in 1 contract

Samples: Restricted Stock Agreement (Pathmark Stores Inc)

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