Common use of Rights of Purchaser Clause in Contracts

Rights of Purchaser. (a) Except as otherwise provided herein, Purchaser shall, during the term of this Agreement, exercise all rights and privileges of a stockholder of the Company with respect to the Common Stock. (b) Nothing in this Agreement shall be construed as a right by Purchaser to be retained by the Company, or a parent or subsidiary of the Company in any capacity. The Company reserves the right to terminate Purchaser’s Service at any time and for any reason without thereby incurring any liability to Purchaser.

Appears in 2 contracts

Samples: 2008 Stock Incentive Plan (MongoDB, Inc.), 2008 Stock Incentive Plan (MongoDB, Inc.)

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Rights of Purchaser. (a) Except as otherwise provided herein, Purchaser shall, during the term of this Agreement, exercise all rights and privileges of a stockholder of the Company with respect to the Common Stock, as beneficial owner of the Common Stock held by the Trustee for the benefit of the Purchaser. (b) Nothing in this Agreement shall be construed as a right by Purchaser to be retained by the Company, or a parent or subsidiary of the Company in any capacity. The Company reserves the right to terminate Purchaser’s Service at any time and for any reason without thereby incurring any liability to Purchaser.

Appears in 2 contracts

Samples: 2008 Stock Incentive Plan (MongoDB, Inc.), 2008 Stock Incentive Plan (MongoDB, Inc.)

Rights of Purchaser. (a) Except as otherwise provided herein, Purchaser shall, during the term of this Agreement, exercise all rights and privileges of a stockholder of the Company with respect to the Common Stock. (b) Nothing in this Agreement shall be construed as a right by Purchaser to be retained by the Company, or a parent or subsidiary of the Company in any capacity. The Company reserves the right to terminate Purchaser’s Service 's employment or other association with the Company at any time and for any reason without thereby incurring any liability to Purchaser.

Appears in 1 contract

Samples: Stock Option Agreement (Koffee Korner Inc.)

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Rights of Purchaser. (a) 8.1 Except as otherwise provided herein, Purchaser shall, during the term of this Agreement, exercise all rights and privileges of a stockholder of the Company with respect to the Common Stock. (b) 8.2 Nothing in this Agreement shall be construed as a right by Purchaser to be retained by the Company, or a parent or subsidiary of the Company in any capacity. The Company reserves the right to terminate Purchaser’s Service at any time and for any reason without thereby incurring any liability to Purchaser.

Appears in 1 contract

Samples: 2018 Stock Incentive Plan (Instil Bio, Inc.)

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