Common use of Rights of the Grantee Clause in Contracts

Rights of the Grantee. The granting of the Restricted Stock shall in and of itself not confer any right of the Grantee to continue in the employ of the Company, any subsidiary or affiliate and shall not interfere in any way with the right of the Company, any subsidiary or affiliate to terminate the Grantee's employment at any time, subject to the terms of any employment agreement between the Company and the Grantee.

Appears in 10 contracts

Samples: Form of Restricted Stock Agreement (Pharmathene, Inc), Restricted Stock Agreement (Outback Steakhouse Inc), Restricted Stock Agreement (Osi Restaurant Partners, Inc.)

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Rights of the Grantee. The granting of the Restricted Stock shall in and of itself not confer any right of the Grantee to continue in as a member of the employ Board of Directors of the Company, any subsidiary or affiliate and shall not interfere in any way with the right of the Company, any subsidiary its Board of Directors, or affiliate shareholders to terminate the Grantee's employment directorship at any time, subject to the terms of any employment agreement between the Company Certificate of Incorporation and Bylaws of the Company, and the Granteelaws of the State of Delaware.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Outback Steakhouse Inc), Restricted Stock Agreement (Outback Steakhouse Inc), Restricted Stock Agreement (Outback Steakhouse Inc)

Rights of the Grantee. The granting of the Restricted Stock shall in and of itself not confer any right of the Grantee to continue in the employ of the Company, any subsidiary or affiliate and shall not interfere in any way with the right of the Company, any subsidiary or affiliate to terminate the Grantee's ’s employment at any time, subject to the terms of any employment agreement between the Company and the Grantee.

Appears in 1 contract

Samples: Restricted Stock Award Agreement (Hudson Holding Corp)

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Rights of the Grantee. The granting of the Restricted Stock shall in and of itself not confer any right of the Grantee to continue in the employ as a director of the Company, any subsidiary or affiliate and shall not interfere in any way with the right of the Company, any subsidiary or affiliate to terminate the Grantee's employment Grantee as a director at any time, subject to the terms of any employment agreement between the Company and the Grantee.

Appears in 1 contract

Samples: Restricted Stock Agreement (Adcare Health Systems Inc)

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