Non-Guarantee of Employment. Nothing in the Plan or this Option shall alter the employment status of Optionee, nor be construed as a contract of employment between the Company or any of the Company’s subsidiaries, and Optionee, or as a contractual right of Optionee to continue in the employ of the Company or any of its subsidiaries, or as a limitation of the right of the Company, or any of the Company’s subsidiaries to discharge Optionee at any time with or without cause or notice.
Appears in 3 contracts
Samples: Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc)
Non-Guarantee of Employment. Nothing in the Plan or this Option Agreement shall alter the employment at-will or other employment, consultant, or director status of the Optionee, nor be construed as a contract of employment between the Company or any of and the Company’s subsidiaries, and Optionee, or as a contractual right of Optionee to continue in the employ of of, the Company or any of its subsidiariesCompany, or as a limitation of the right of the Company, or any of the Company’s subsidiaries Company to discharge the Optionee at any time with or without cause or notice.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (Arkados Group, Inc.), Consultant Stock Option Grant Agreement (Cdknet Com Inc), Employee Stock Option Grant Agreement (Cdknet Com Inc)
Non-Guarantee of Employment. Nothing in the Plan or this Option Agreement shall alter the employment status of Optionee, nor be construed as a contract of employment between the Company Corporation, the Company, any successor entity thereto or any of the CompanyCorporation’s other subsidiaries, and Optionee, or as a contractual right of Optionee to continue in the employ of the Company or any of its subsidiariesCompany, or as a limitation of the right of the Company, any successor entity thereto or any of the CompanyCorporation’s other subsidiaries to discharge Optionee at any time with or without cause or notice.
Appears in 3 contracts
Samples: Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Nonstatutory Stock Option Grant Agreement (Ic Isaacs & Co Inc), Omnibus Stock Plan (Ic Isaacs & Co Inc)
Non-Guarantee of Employment. Nothing in the Plan or this Option Agreement shall alter the employment status of Optionee, nor be construed as a contract of employment between the Company Corporation, the Company, any successor entity thereto or any of the CompanyCorporation’s other subsidiaries, and Optionee, or as a contractual right of Optionee to continue in the employ of the Company or any of its subsidiariesCompany, or as a limitation of the right of the Company, any successor entity thereto or any of the CompanyCorporation’s other subsidiaries to discharge Optionee at any time with or without cause or notice.. Section 6.2
Appears in 1 contract
Samples: Omnibus Stock Plan Nonstatutory Stock Option Grant Agreement
