Common use of Rights of the Employee Clause in Contracts

Rights of the Employee. In no event shall the granting of the Option or the other provisions hereof or the acceptance of the Option by the Employee interfere with or limit in any way the right of the Company, its Parent, a Subsidiary or an Affiliate to terminate the Employee’s employment at any time, nor confer upon the Employee any right to continue in the employ of the Company, its Parent, a Subsidiary or an Affiliate for any period of time or to continue his present or any other rate of compensation.

Appears in 2 contracts

Samples: Non Qualified Stock Option Award Agreement (KeyStone Solutions, Inc.), Incentive Stock Option Award Agreement (KeyStone Solutions, Inc.)

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Rights of the Employee. In no event shall the granting of the Option or the other provisions hereof or the acceptance of the Option by the Employee interfere with or limit in any way the right of the Company, its Parent, a Subsidiary or an Affiliate to terminate the Employee’s employment at any time, nor confer upon the Employee any right to continue in the employ of the Company, its Parent, a Subsidiary or an Affiliate for any period of time or to continue his present or any other rate of compensation.

Appears in 2 contracts

Samples: Incentive Stock Option Award Agreement (Real Industry, Inc.), Non Qualified Stock Option Award Agreement (Real Industry, Inc.)

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Rights of the Employee. In no event shall the granting of the Option Options or the other provisions hereof or the acceptance of the Option Options by the Employee interfere with or limit in any way the right of the Company, Company or any of its Parent, a Subsidiary or an Affiliate Affiliates to terminate the Employee’s employment or term of service, as applicable, at any time, nor confer upon the Employee any right to continue in the employ of the Company, its Parent, a Subsidiary or an Affiliate Employer for any period of time or to continue his or her present or any other rate of compensation.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Novume Solutions, Inc.)

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