Common use of Right of Discharge Preserved Clause in Contracts

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the Company, or affect any right which the Company may have to terminate such employment or service.

Appears in 154 contracts

Samples: Performance Prsu Grant Agreement (Genco Shipping & Trading LTD), Performance Prsu Grant Agreement (Genco Shipping & Trading LTD), Performance Prsu Grant Agreement (Genco Shipping & Trading LTD)

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Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service as a member of the CompanyBoard of Directors, or affect any right which the Company may have to terminate such employment or service.

Appears in 34 contracts

Samples: Restricted Stock Grant Agreement (General Maritime Corp / MI), Restricted Stock Grant Agreement (General Maritime Corp / MI), Restricted Stock Grant Agreement (General Maritime Corp / MI)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue as a director of or in the employ or other service of the Company, or affect any right which the Company may have to terminate such employment or service.

Appears in 16 contracts

Samples: Restricted Stock Grant Agreement (Baltic Trading LTD), Director Restricted Stock Grant Agreement (Genco Shipping & Trading LTD), Director Restricted Stock Grant Agreement (Baltic Trading LTD)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant Grantee the right to continue in the employ or other service of the Company or one of the Company's subsidiaries, or affect any right which the Company may have to terminate such employment or service.

Appears in 16 contracts

Samples: Restricted Stock Grant Agreement (Nastech Pharmaceutical Co Inc), Restricted Stock Grant Agreement (Nastech Pharmaceutical Co Inc), Restricted Stock Grant Agreement (Nastech Pharmaceutical Co Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer confers upon the Participant the right to continue in the employ or other service of the Company, or affect any right which the Company may have to terminate such employment or service.

Appears in 13 contracts

Samples: Officer Restricted Stock Unit Agreement (Vishay Intertechnology Inc), Officer Restricted Stock Unit Agreement (Vishay Intertechnology Inc), Officer Phantom Stock Unit Agreement (Vishay Intertechnology Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant Grantee the right to continue in the employ or other service of the Company or one of the Company’s subsidiaries, or affect any right which the Company may have to terminate such employment or service.

Appears in 5 contracts

Samples: Stock Grant Agreement (China Green Agriculture, Inc.), Restricted Stock Grant Agreement (China Green Agriculture, Inc.), Restricted Stock Grant Agreement (China Green Agriculture, Inc.)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the Company or one of the Company’s subsidiaries, or affect any right which that the Company may have to terminate such employment or service.

Appears in 4 contracts

Samples: Restricted Stock Unit Agreement (Atmi Inc), Restricted Stock Unit Agreement (Atmi Inc), Management Restricted Stock Grant Agreement (Atmi Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the CompanyCompany Group, or affect any right which the Company Group may have to terminate such employment or service.

Appears in 3 contracts

Samples: Agreement (FCB Financial Holdings, Inc.), Incentive Stock Option Grant Agreement (FCB Financial Holdings, Inc.), Incentive Stock Option Grant Agreement (Bond Street Holdings Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the Company, Company or affect any right which the Company may have to terminate such employment or service.

Appears in 3 contracts

Samples: Restricted Stock Unit Grant Agreement (Siga Technologies Inc), Restricted Stock Unit Grant Agreement (Siga Technologies Inc), Restricted Stock Unit Grant Agreement (Siga Technologies Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the Company or one of the Company's subsidiaries, or affect any right which the Company may have to terminate such employment or service.

Appears in 3 contracts

Samples: Restricted Stock Grant Agreement (Atmi Inc), Restricted Stock Grant Agreement (Atmi Inc), Restricted Stock Grant Agreement (Franklin Credit Management Corp/De/)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the Company, or affect any right which the Company may have to terminate such employment or service.

Appears in 2 contracts

Samples: Stock Option Grant Agreement (Siga Technologies Inc), Restricted Stock Grant Agreement (Independence Holding Co)

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Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant Optionee the right to continue in the employ of the Company and its subsidiaries, or other to continue in the service of the CompanyCompany and its subsidiaries as a consultant or director, or affect any right which the Company and its subsidiaries may have to terminate such employment or service.

Appears in 2 contracts

Samples: Incorporated 1998 Stock Incentive Plan (Genta Incorporated /De/), Stock Option Agreement (Genta Incorporated /De/)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant Employee Member the right to continue in the employ or other service of the Companyany Company Group Member, or affect any right which the that any Company Group Member may have to terminate such employment or service.

Appears in 1 contract

Samples: Incentive Units Award Agreement (Flagship Credit Corp.)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant Optionee the right to continue in the employ of the Company and its subsidiaries, or other to continue in the service of the Company, Company and its subsidiaries as a consultant or director or affect any existing right which that the Company may and its subsidiaries have to terminate such employment or service.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Genta Inc De/)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service of the Company or one of the Company’s subsidiaries, or affect any right which the Company may have to terminate such employment or service.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Atmi Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant the right to continue in the employ or other service as a director of the Company, or affect any right which the Company may have to terminate such employment or service.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Atmi Inc)

Right of Discharge Preserved. Nothing in this Agreement shall confer upon the Participant Optionee the right to continue in the employ or other service of the Company, Company as a director or affect any existing right which the Company may have to terminate such employment or service.

Appears in 1 contract

Samples: Incorporated Non (Genta Incorporated /De/)

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