Common use of Services as Employee Clause in Contracts

Services as Employee. Nothing contained in this Agreement or the Plan constitutes an employment or service commitment by the Company, its Affiliates, or its Subsidiaries, affects the Employee’s status as an employee at will who is subject to termination without Cause, confers upon the Employee any right to remain employed by or in service to the Company, its Affiliates, or its Subsidiaries, interferes in any way with the right of the Company, its Affiliates, and its Subsidiaries at any time to terminate such employment or services, or affects the right of the Company, its Affiliates, or its Subsidiaries to increase or decrease the Employee’s compensation or benefits. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Employee without his or her consent.

Appears in 7 contracts

Samples: Cathay General Bancorp (Cathay General Bancorp), Restricted Stock Unit Agreement (Cathay General Bancorp), Cathay General Bancorp (Cathay General Bancorp)

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