Common use of RIGHT TO REMAIN IN SERVICE Clause in Contracts

RIGHT TO REMAIN IN SERVICE. No provision of this Agreement shall (a) confer upon Participant any right to continue in the Service of the Company or any of its subsidiaries, (b) affect the right of the Company and each of its subsidiaries to terminate the Service of Participant, with or without cause, or (c) confer upon Participant any right to participate in any employee welfare or benefit plan or other program of the Company or any of its subsidiaries other than the Plan. Participant hereby acknowledges and agrees that the Company and each of its subsidiaries may terminate the Service of Participant at any time and for any reason, or for no reason, unless Participant and the Company or such subsidiary are parties to a written employment agreement that expressly provides otherwise.

Appears in 5 contracts

Samples: Restricted Stock Agreement (Paula Financial), Restricted Stock Agreement (Paula Financial), Restricted Stock Agreement (Paula Financial)

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