No Right to Continued Retention. Neither the establishment of the Plan nor the Award hereunder shall be construed as giving Recipient the right to continued service with the Company or an Affiliate.
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Option Shares hereunder shall be construed as giving the Participant the right to continued employment or other service relationship with the Company or any Affiliate.
No Right to Continued Retention. Neither the establishment of the Stock Plan nor the award of Restricted Shares hereunder shall be construed as giving Employee the right to a continued service relationship with the Company or an affiliate.
No Right to Continued Retention. Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Grantee any right with respect to continuance as an employee, nor shall this Agreement or the Plan interfere in any way with the right of the Corporation to terminate the Grantee's service as an employee at any time.
No Right to Continued Retention. Nothing in this Agreement shall be interpreted or construed to confer upon Optionee any right with respect to Optionee's continued service as an independent contractor with Company, nor shall this Agreement interfere in any way with the right of the Board of Directors of the Company to terminate Optionee's services as an independent contractor at any time. EXHIBIT 1 COLLEXIS HOLDING, INC. NOTICE OF EXERCISE OF OPTION TO PURCHASE COMMON STOCK Name: ________________________________ Address: ________________________________ ________________________________ ________________________________ Date: ________________________________ Collexis Holding, Inc. 0000 Xxxx Xxxxxx Xxxxx 000 Xxxxxxxx, XX 00000 Attn: Chief Executive Officer Re: Exercise of Nonqualified Stock Option To whom it may concern: I hereby elect to exercise the option granted to me to purchase ________ Option Shares in accordance with that certain Nonqualified Stock Option Agreement (the "Agreement") dated as of ______ __, 2007. Except as otherwise defined in this notice, all capitalized terms and phrases in this notice shall have the meaning ascribed thereto in the Agreement. Subject to Company's acceptance, the purchase shall take place as of the _______ day of __________________ 20__ (the "Exercise Date"). On the Exercise Date, I will deliver to you cash or check payable to Company, in the total amount of $________, representing the full Purchase Price of such Option Shares. If I do not deliver cash or check to Company on the Exercise Date, I hereby request that Company withhold the number of Option Shares that have an aggregate value equal to the Purchase Price of the number of Option Shares for which this notice is given from the number of Option Shares issued to me. As soon as the stock certificate is registered in my name, please deliver it to me at the above address. If the Option Shares being acquired are not registered for issuance to and resale by Optionee pursuant to an effective registration statement on Form S-8 (or successor form) filed under the Securities Act of 1933, as amended (the "1933 Act"), I hereby represent, warrant, covenant, and agree with Company as follows:
No Right to Continued Retention. The award of Option Shares hereunder shall not be construed as giving the Optionee the right to continue as an employee of the Company or any affiliate.
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Restricted Shares hereunder shall be construed as giving Director the right to any continued service relationship with the Company or any affiliate of the Company.
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Option Shares hereunder shall be construed as giving the Grantee the right to continued employment with the Company or any affiliate. EXHIBIT 1 NOTICE OF EXERCISE OF INCENTIVE STOCK OPTION TO PURCHASE COMMON STOCK OF XXXXXX SUPPLY, INC. Xxxxxx Supply, Inc. Xxx Xxxxxx Xxx Orlando, Florida 32805 Attention: Secretary Re: Exercise of Incentive Stock Option Gentlemen: Subject to acceptance hereof by Xxxxxx Supply, Inc. (the “Company”) pursuant to the provisions of the Xxxxxx Supply, Inc. 2005 Executive Stock Plan (the “Plan”), I hereby give notice of my election to exercise the option granted to me to purchase shares of common stock of the Company (“Common Stock”) under the Incentive Stock Option Agreement (the “Agreement”) dated as of [DATE] (the “Option”). The purchase shall take place as of , (the “Exercise Date”). On or before the Exercise Date, I will pay the applicable purchase price as follows: ¨ by delivery of cash or a check acceptable to the Company for $ for the full purchase price payable to the order of Xxxxxx Supply, Inc. ¨ by delivery of cash or a check acceptable to the Company for $ representing a portion of the purchase price with the balance to consist of shares of Common Stock that I have owned for at least six months and that are represented by a stock certificate I will surrender to the Company with my endorsement. If the number of shares of Common Stock represented by such stock certificate exceed the number to be applied against the purchase price, I understand that a new stock certificate will be issued to me reflecting the excess number of shares. ¨ by delivery of a stock certificate representing shares of Common Stock that I have owned for at least six months which I will surrender to the Company with my endorsement as payment of the purchase price. If the number of shares of Common Stock represented by such certificate exceed the number to be applied against the purchase price, I understand that a new certificate will be issued to me reflecting the excess number of shares. ¨ by delivery of the purchase price by , a broker, dealer or other “creditor” as defined by Regulation T issued by the Board of Governors of the Federal Reserve System. I hereby authorize the Company to issue a stock certificate for the number of shares indicated above in the name of said broker, dealer or other creditor or its nominee pursuant to instructions received by the Company and to deliver said stock c...
No Right to Continued Retention. Neither the establishment of the Plan nor the award of Restricted Shares hereunder shall be construed as giving Employee the right to any continued service relationship with the Company. EXHIBIT A NOTICE OF WITHHOLDING ELECTION NETBANK, INC. 1996 STOCK INCENTIVE PLAN TO: NetBank, Inc. FROM:
No Right to Continued Retention. Nothing in this Agreement shall be interpreted or construed to confer upon the Grantee any right with respect to continuance as an Executive.
