Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates and the Company and any such Affiliate shall have the right to terminate the Employment of the Participant at any such time, with or without cause, notwithstanding the fact that some or all of the Restricted Shares and Retained Distributions covered by this Agreement may be forfeited as a result of such termination.
Appears in 3 contracts
Samples: Restricted Stock Award Agreement (Prospect Medical Holdings Inc), Restricted Stock Award Agreement (Annas Linens, Inc.), Restricted Stock Agreement (Time Warner Inc)
Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant any right to continue in the employ of the Company or any of its Affiliates Affiliates, and the Company and any such Affiliate shall have the right to terminate the Employment employment of the Participant at any such time, with or without causenotice, for any lawful reason or no reason, notwithstanding the fact that some or all of the Restricted Shares and Retained Distributions Options covered by this Agreement may be forfeited as a result of such terminationtermination of employment. The granting of the Option under this Agreement shall not confer on the Participant any right to any future Awards under the Plan.
Appears in 2 contracts
Samples: Non Qualified Stock Option Agreement (Time Warner Cable Inc.), Performance Based Non Qualified Stock Option Agreement (Time Warner Cable Inc.)
Right of Company to Terminate Employment. Nothing contained in the 2010 Plan or in this Agreement shall confer on any Participant any Employee the right to continue in the employ of the Company or any Subsidiary or interfere in any way with the right of its Affiliates and the Company and any such Affiliate shall have the right or a Subsidiary to terminate the Employment employment of the Participant Employee at any such time, with or without cause, notwithstanding the fact that some or all of the Restricted Shares and Retained Distributions covered by this Agreement may be forfeited as a result of such termination.
Appears in 2 contracts
Samples: Employee Stock Option Agreement (Intergroup Corp), Employee Stock Option Agreement (Intergroup Corp)
Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant Holder any right to continue in the employ of the Company or any of its Affiliates and the Company and any such Affiliate shall have the right to terminate the Employment employment of the Participant Holder at any such time, with or without cause, notwithstanding the fact that some or all of the Restricted Shares and Retained Distributions covered by this Agreement may be forfeited as a result of such termination.
Appears in 1 contract
Samples: Restricted Stock Purchase Agreement (Time Warner Inc)
Right of Company to Terminate Employment. Nothing contained in the Plan or this Agreement shall confer on any Participant Holder any right to continue in the employ of the Company or any of its Affiliates Subsidiaries and the Company and any such Affiliate Subsidiary shall have the right to terminate the Employment employment of the Participant Holder at any such time, with or without cause, notwithstanding the fact that some or all of the Restricted Shares and Retained Distributions covered by this Agreement may be forfeited as a result of such termination.
Appears in 1 contract
