Common use of RIGHTS OF THE OPTIONEE Clause in Contracts

RIGHTS OF THE OPTIONEE. The grant of this Option, execution of this Agreement or exercise of any portion of this Option shall not confer upon the Optionee any right to, or guaranty of, a position as an employee, consultant, advisor or director of the Company or any of its subsidiaries.

Appears in 5 contracts

Samples: Stock Option Agreement (Roadhouse Grill), Stock Option Agreement (Roadhouse Grill), Stock Option Agreement (Roadhouse Grill)

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RIGHTS OF THE OPTIONEE. The grant of this Option, execution of this Agreement or exercise of any portion of this Option shall not confer upon the Optionee any right to, or guaranty of, a position as an employee, consultant, advisor or director of the Company or any of its subsidiaries, or in any way limit the right of the Company or such subsidiaries to terminate the Optionee's position as an employee, consultant and/or director at any time.

Appears in 1 contract

Samples: Option Agreement (Guardian International Inc)

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