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Common use of Services as a Director Clause in Contracts

Services as a Director. Nothing in this Agreement gives the Optionee any right to continued service as a director of the Corporation or limits in any way the right of the Corporation, its directors or its stockholders to terminate that service.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (Logimetrics Inc), Non Qualified Stock Option Agreement (Logimetrics Inc), Non Qualified Stock Option Agreement (Logimetrics Inc)

Services as a Director. Nothing in this Agreement gives the Optionee any right to continued service as a director or officer of the Corporation Company or limits in any way the right of the Corporation, Company and/or its directors or its stockholders to terminate that service.

Appears in 1 contract

Samples: Stock Option Agreement (Elite Pharmaceuticals Inc /De/)