Common use of No Special Employment Rights Clause in Contracts

No Special Employment Rights. Nothing contained in the Plan or this option shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Employee for the period within which this option may be exercised. However, during the period of the Key Employee's employment, the Key Employee shall render diligently and faithfully the services which are assigned to the Key Employee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which, directly or indirectly, would be inconsistent with the best interests of the Company.

Appears in 5 contracts

Samples: Incentive Stock Option Agreement (Alpha Pro Tech LTD), Incentive Stock Option Agreement (Alpha Pro Tech LTD), Incentive Stock Option Agreement (Alpha Pro Tech LTD)

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No Special Employment Rights. Nothing contained in the Plan or this option ---------------------------- Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Employee for the period within which this option Option may be exercised. However, during the period of the Key Employee's employment, the Key Employee shall render diligently and faithfully the services which are assigned to the Key Employee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which, which directly or indirectly, indirectly would be inconsistent with the best interests of the Company.

Appears in 5 contracts

Samples: Employment Agreement (Big v Supermarkets Inc), Non Qualified Stock Option Agreement (Big v Supermarkets Inc), Non Qualified Stock Option Agreement (Big v Supermarkets Inc)

No Special Employment Rights. Nothing contained in the Plan or this option Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Employee for the period within which this option Option may be exercised. However, during the period of the Key Employee's employment, the Key Employee shall render diligently and faithfully the services which are assigned to the Key Employee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which, which directly or indirectly, indirectly would be inconsistent with the best interests of the Company.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Haemonetics Corp), Non Qualified Stock Option Agreement (Haemonetics Corp), Non Qualified Stock Option Agreement (Haemonetics Corp)

No Special Employment Rights. Nothing contained in the Plan or this option Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Employee for the period within which this option Option may be exercised. However, during the period of the Key Employee's ’s employment, the Key Employee shall render diligently and faithfully the services which are assigned to the Key Employee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which, which directly or indirectly, indirectly would be inconsistent with the best interests of the Company.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Haemonetics Corp), Non Qualified Stock Option Agreement (Haemonetics Corp), Non Qualified Stock Option Agreement (Haemonetics Corp)

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No Special Employment Rights. Nothing contained in the Plan or this option Agreement shall be construed or deemed by any person Person under any circumstances to bind the Company to continue the employment of the Employee for the period within which this option Option may be exercised. However, during the period of the Key Employee's ’s employment, the Key Employee shall render diligently and faithfully the services which are assigned to the Key Employee from time to time by the Board of Directors Board, any committee thereof, or by the executive officers of the Company and shall at no time take any action which, directly or indirectly, would be inconsistent with the best interests of the Company.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Global Eagle Entertainment Inc.), Incentive Stock Option Agreement (Tile Shop Holdings, Inc.)

No Special Employment Rights. Nothing contained in the Plan or this option Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Employee for the period within which this option Option may be exercised. However, during the period of the Key Employee's ’s employment, the Key Employee shall render diligently and faithfully the services which are assigned to the Key Employee from time to time by the Board of Directors Board, any committee thereof, or by the executive officers of the Company and shall at no time take any action which, directly or indirectly, would be inconsistent with the best interests of the Company.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Tile Shop Holdings, Inc.)

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