Common use of Consideration to the Company Clause in Contracts

Consideration to the Company. In consideration of the granting of this Option by the Company, the Optionee agrees to render faithful and efficient services as an employee of the Company. Nothing in this Agreement or in the Plan will confer upon the Optionee any right to continue as an employee of the Company or will interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate the Optionee’s employment with the Company at any time for any reason whatsoever, with or without cause.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Amcon Distributing Co), Layne Christensen Co

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Consideration to the Company. In consideration of the granting of this Option by the Company, the Optionee agrees to render faithful and efficient services to the Company with such duties and responsibilities as an employee of the CompanyCompany shall from time to time prescribe. Nothing in this Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee in the employ or service of the Company or will shall interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate discharge the Optionee’s employment with the Company Optionee at any time for any reason whatsoever, with or without causeCause.

Appears in 2 contracts

Samples: Management Stock Option Subscription Agreement (Buckeye Technologies Inc), Stock Option Subscription Agreement (Buckeye Technologies Inc)

Consideration to the Company. In consideration of the granting of this Option by the Company, the Optionee agrees to render faithful and efficient services as an employee of to the Company, with such duties and responsibilities as the Company shall from time to time prescribe. Nothing in this Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee in the service of the Company or will any of its Subsidiaries or Affiliates or shall interfere with or restrict in any way the rights of the CompanyCompany and its Subsidiaries and Affiliates, which are hereby expressly reserved, to terminate the Optionee’s employment with service of the Company Optionee at any time for any reason whatsoever, with or without causeCause.

Appears in 2 contracts

Samples: Non Qualified Share Option Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.), Non Qualified Share Option Agreement (Avago Technologies Manufacturing (Singapore) Pte. Ltd.)

Consideration to the Company. In consideration of the granting of this Option by the Company, the Optionee agrees to render faithful and efficient services as an employee of the Company. Nothing in this Agreement or in the Plan will confer upon the Optionee any right to continue as an employee of the Company or will interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate the Optionee’s Optionee employment with the Company at any time for any reason whatsoever, with or without cause.

Appears in 2 contracts

Samples: Nonqualified Share Option Agreement (Entertainment Properties Trust), Nonqualified Stock Option Agreement (Gateway Energy Corp/Ne)

Consideration to the Company. In consideration of the granting of this the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any Subsidiary, with such duties and responsibilities as an employee of the CompanyCompany shall from time to time prescribe. Nothing in the Plan or this Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee in the employ of the Company or will any Subsidiary or shall interfere with or restrict in any way the rights of the CompanyCompany and its Subsidiaries, which are hereby expressly reserved, to terminate discharge the Optionee’s employment with the Company Optionee at any time for any reason whatsoever, with or without cause.Cause. Rev. 3 10/4/06

Appears in 1 contract

Samples: Incentive Award Agreement (Micrel Inc)

Consideration to the Company. In consideration of the granting of this Option by the Company, the Optionee agrees to render faithful and efficient services as an employee of to the Company, with such duties and responsibilities as the Company shall from time to time prescribe. Nothing in this Option Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee in the employ of the Company or will shall interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to terminate the Optionee’s employment with of the Company Optionee at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Stock Option Agreement (Proxim Corp)

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Consideration to the Company. In consideration of the granting of this Option these Options by the Company, the Optionee agrees to render faithful and efficient services to the Company or a Subsidiary, with such duties and responsibilities as an employee of the CompanyCompany or such Subsidiary shall from time to time prescribe. Nothing in this Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee in the employ of the Company or will any Subsidiary or affiliate or shall interfere with or restrict in any way the rights of the CompanyCompany and its Subsidiaries or affiliates, which are hereby expressly reserved, to terminate the Optionee’s employment with of the Company Optionee at any time for any reason whatsoever, with or without causeCause.

Appears in 1 contract

Samples: 2012 Stock Purchase and Option Plan Of (Blue Buffalo Pet Products, Inc.)

Consideration to the Company. In consideration of the granting of this Option these Options by the Company, the Optionee agrees to render faithful and efficient services to the Company or a Subsidiary with such duties and responsibilities as an employee of the CompanyCompany shall from time to time prescribe. Nothing in this Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee in the employ of the Company or will any Subsidiary or shall interfere with or restrict in any way the rights of the CompanyCompany and its Subsidiaries, which are hereby expressly reserved, to terminate the Optionee’s employment with of the Company Optionee at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Keebler Foods Co)

Consideration to the Company. In consideration of the granting of this Option by the CompanyOptions, the Optionee agrees to render faithful and efficient services to the Company or a Subsidiary, with such duties and responsibilities as an employee such entity shall from time to time prescribe, and to agree to abide by the covenant set forth in Article 6.2 of the Companythis Agreement. Nothing in the Plan or this Agreement or in the Plan will shall confer upon the Optionee any right to continue as an employee of the Company or will any Subsidiary or shall interfere with or restrict in any way the rights of the CompanyCompany and any Subsidiary, which are hereby expressly reserved, to terminate discharge the Optionee’s employment with the Company Optionee at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Duane Reade Inc)

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