Common use of AWARD NOT A SERVICE CONTRACT Clause in Contracts

AWARD NOT A SERVICE CONTRACT. Director acknowledges that neither this Agreement nor the stock bonus granted to Director constitutes an employment or service contract with the Company or an Affiliate, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on Director to continue any relationship he may have as a Director for the Company.

Appears in 3 contracts

Samples: Restricted Stock Bonus Agreement (Hot Topic Inc /Ca/), Restricted Stock Bonus Agreement (Becker Drapkin Management, L.P.), Restricted Stock Bonus Agreement (Becker Drapkin Management, L.P.)

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AWARD NOT A SERVICE CONTRACT. Director acknowledges that neither this Agreement nor the stock bonus granted to Director constitutes an employment or service contract with the Company or an Affiliate, and nothing in this Agreement shall be deemed to create in any way whatsoever any obligation on Director Director's to continue any relationship he may have as a Director for the Company.

Appears in 1 contract

Samples: Restricted Stock Bonus Agreement (Hot Topic Inc /Ca/)

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