Common use of Non-Guarantee of Service Relationship Clause in Contracts

Non-Guarantee of Service Relationship. Nothing in the Plan, the EIP or this Agreement alters your service relationship with the Company or shall constitute or be evidence of any agreement or understanding, express or implied, that the Company will retain you as an officer, director or key employee for any period of time. This Agreement is not to be construed as a contract of service relationship between the Company and you. This Agreement does not limit in any way the possibility of your separation from the Company in accordance with the By-Law provisions in effect at the relevant time, whether or not such removal results in the forfeiture of any Award Shares or any other adverse effect on your interests under the Plan.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (MAGELLAN GOLD Corp), Restricted Stock Unit Agreement (MAGELLAN GOLD Corp), Restricted Stock Unit Agreement (MAGELLAN GOLD Corp)

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