Common use of RIGHTS OF THE OPTIONEE Clause in Contracts

RIGHTS OF THE OPTIONEE. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Optionee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Optionee at any time, subject to the terms of any written employment agreement between the Company and the Optionee.

Appears in 5 contracts

Samples: Employment Agreement (Sirius Satellite Radio Inc), Employment Agreement (Sirius Satellite Radio Inc), Employment Agreement (Sirius Satellite Radio Inc)

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RIGHTS OF THE OPTIONEE. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall will confer upon the Optionee any right to, or guarantee of, continued employment by or service with the Company, or in any way limit the right of the Company to terminate employment the Continuous Service of the Optionee at any time, subject to the terms of any written employment or similar agreement between or among the Company and the Optionee.

Appears in 2 contracts

Samples: Nonstatutory Stock Option Agreement (J M SMUCKER Co), Nonstatutory Stock Option Agreement (J M SMUCKER Co)

RIGHTS OF THE OPTIONEE. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Optionee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Optionee at any time, subject to the terms of any written employment agreement between the Company and the Optionee.

Appears in 1 contract

Samples: Employment Agreement (Sirius Satellite Radio Inc)

RIGHTS OF THE OPTIONEE. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall will confer upon the Optionee any right to, or guarantee of, continued employment by or service with the Company, or in any way limit the right of the Company to terminate employment the Continuous Service of the Optionee at any time, subject to the terms of the Employment Agreement or any other written employment or similar agreement between or among the Company and the Optionee.

Appears in 1 contract

Samples: Nonstatutory Stock Option Agreement (J M SMUCKER Co)

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RIGHTS OF THE OPTIONEE. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Optionee any right to, or guarantee of, a continued employment consulting relationship by the Company, or in any way limit the right of the Company to terminate employment such relationship of the Optionee at any time, subject to the terms of any written employment agreement agreements between the Company and the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Midcom Communications Inc)

RIGHTS OF THE OPTIONEE. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Optionee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Optionee at any time, subject to the terms of any written employment agreement agreements between the Company and the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Cd Radio Inc)

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