Common use of Agreement Not a Contract of Employment Clause in Contracts

Agreement Not a Contract of Employment. This Agreement is not a contract of employment, and the terms of the engagement of the Optionee or the relationship of the Optionee with the Company shall not be affected in any way by this Agreement except as specifically provided herein. The execution of this Agreement shall not be construed as conferring any legal rights upon the Optionee for a continuation of engagement or relationship with the Company, nor shall it interfere with the right of the Company or any subsidiary thereof to discharge the Optionee and to treat him without regard to the effect which that treatment might have upon him as a Optionee.

Appears in 6 contracts

Samples: Stock Option Agreement (Florham Consulting Corp), Stock Option Agreement (Florham Consulting Corp), Stock Option Agreement (Global Music International, Inc.)

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Agreement Not a Contract of Employment. This Agreement is not a contract of employment, and the terms of the engagement employment of the Optionee or the relationship of the Optionee with the Company or any Affiliate shall not be affected in any way by this Agreement except as specifically provided herein. The execution of this Agreement shall not be construed as conferring any legal rights upon the Optionee for a continuation of engagement employment or relationship with the Company, the Grantor or any Affiliate, nor shall it interfere with the right of the Company or any subsidiary thereof to discharge the Optionee and to treat him without regard to the effect which that treatment might have upon him as a Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Preferred Employers Holdings Inc), Share Escrow Agreement (Harris Mel), Letter Agreement of Additional Terms Regarding Escrow Agreement (Preferred Employers Holdings Inc)

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Agreement Not a Contract of Employment. This Agreement is not a contract of employment, and the terms of the engagement employment of the Optionee or the relationship of the Optionee with the Company shall not be affected in any way by this Agreement except as specifically provided hereintherein. The execution of this Agreement agreement shall not be construed as conferring any legal rights upon the Optionee for a continuation of engagement or relationship with the Companyemployment, nor shall it interfere with the right of the Company or any subsidiary thereof to discharge the Optionee and to treat him without regard to the effect which that such treatment might have upon him as a an Optionee.

Appears in 1 contract

Samples: Employment Agreement (Micros Systems Inc)

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