No Special Employment Rights. The granting of the Restricted Stock shall not be construed to confer upon the Participant any right with respect to the continuation of his or her employment by the Company (or any subsidiary of the Company) or interfere in any way with the right of the Company (or any subsidiary of the Company), subject to the terms of any separate employment agreement to the contrary, at any time to terminate such employment or to increase or decrease the compensation of the Participant from the rate in existence as of the date hereof.
Appears in 24 contracts
Samples: Restricted Stock Agreement (Cen Biotech Inc), Restricted Stock Agreement (Cen Biotech Inc), Restricted Stock Agreement (Cen Biotech Inc)
No Special Employment Rights. The granting of the Restricted Stock Shares shall not be construed to confer upon the Participant Grantee any right with respect to the continuation of his or her employment by the Company (or any subsidiary Subsidiary of the Company) or interfere in any way with the right of the Company (or any subsidiary Subsidiary of the Company), subject to the terms of any separate employment agreement to the contrary, at any time to terminate such employment or to increase or decrease the compensation of the Participant Grantee from the rate in existence as of the date hereof.
Appears in 1 contract
Samples: Restricted Share Agreement (Metropolitan Bank Holding Corp.)
No Special Employment Rights. The granting of the Restricted Stock shall not be construed to confer upon the Participant any right with respect to the continuation of his or her employment or association by or with the Company (or any subsidiary Subsidiary of the Company) or interfere in any way with the right of the Company (or any subsidiary Subsidiary of the Company), subject to the terms of any separate employment employment, consulting or similar agreement to the contrary, at any time to terminate such employment or association or to increase or decrease the compensation of the Participant from the rate in existence as of the date hereof.
Appears in 1 contract
No Special Employment Rights. The granting of the Restricted Stock shall not be construed to confer upon the Participant Grantee any right with respect to the continuation of his or her employment by the Company (or any subsidiary of the Company) or interfere in any way with the right of the Company (or any subsidiary of the Company), subject to the terms of any separate employment agreement to the contrary, at any time to terminate such employment or to increase or decrease the compensation of the Participant Grantee from the rate in existence as of the date hereof.
Appears in 1 contract
Samples: Restricted Share Agreement (Medis Technologies LTD)