Common use of Rights Not Conferred Clause in Contracts

Rights Not Conferred. The Option shall not be affected by any change in the nature of the Optionee's employment with the Company so long as the Optionee continues to be employed by the Company. Nothing contained in this Agreement shall confer upon the Optionee any right with respect to continuance of employment or other relationship with the Company or interfere in any way with the right of the Company to terminate the employment of the Optionee at any time.

Appears in 2 contracts

Samples: 1999 Nonqualified Stock Option Agreement (Engineering Animation Inc), Nonqualified Stock Option Agreement (Engineering Animation Inc)

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Rights Not Conferred. The Option shall not be affected by any change in the nature of the Optionee's ’s employment with the Company so long as the Optionee continues to be employed by the Company. Nothing contained in this Agreement the MIP or in the Option shall confer upon the Optionee any right with respect to continuance of employment or other relationship with by the Company or interfere in any way with the right of the Company to terminate the employment of the Optionee at any time.

Appears in 2 contracts

Samples: Stock Option Agreement (Andrew Corp), Stock Option Agreement (Andrew Corp)

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Rights Not Conferred. The Option shall not be affected by any change in the nature of the Optionee's employment with the Company so long as the Optionee he continues to be employed by the CompanyCompany or a subsidiary. Nothing contained in this Agreement the Plan or in the Option shall confer upon the Optionee any right with respect to continuance of employment or other relationship with by the Company or a subsidiary or interfere in any way with the right of the Company or a subsidiary to terminate the employment of the Optionee at any time.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Ilex Oncology Inc)

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