Common use of Consideration to the Company Clause in Contracts

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 7 contracts

Samples: Stock Option Agreement (ReachLocal Inc), Stock Option Agreement (ReachLocal Inc), Stock Option Agreement (ReachLocal Inc)

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Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any SubsidiaryAffiliate. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary Affiliate or shall interfere with or restrict in any way the rights of the Company and its SubsidiariesAffiliates, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary an Affiliate and the Optionee.

Appears in 4 contracts

Samples: Stock Option Agreement (Puma Biotechnology, Inc.), Stock Option Agreement (Intermolecular Inc), Stock Option Agreement (Skullcandy, Inc.)

Consideration to the Company. In consideration of the grant granting of 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 the Company shall from time to time prescribe. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optioneecause.

Appears in 4 contracts

Samples: Stock Option Agreement (Renovis Inc), Stock Option Agreement (Sunesis Pharmaceuticals Inc), Stock Option Agreement (Renovis Inc)

Consideration to the Company. In consideration of the grant granting of 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 the Company shall from time to time prescribe. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 4 contracts

Samples: 2003 Incentive Award Plan (Gen Probe Inc), 2003 Incentive Award Plan (Gen Probe Inc), Hire Option Plan Non Qualified Stock Option Agreement (Gen Probe Inc)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Causecause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (ReachLocal Inc), Stock Option Agreement (ReachLocal Inc), Stock Option Agreement (ReachLocal Inc)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Causecause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (diaDexus, Inc.), Stock Option Agreement (diaDexus, Inc.), Stock Option Agreement (diaDexus, Inc.)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any SubsidiaryAffiliate. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary Affiliate or shall interfere with or restrict in any way the rights of the Company and its SubsidiariesAffiliates, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Causecause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary an Affiliate and the Optionee.

Appears in 3 contracts

Samples: Stock Option Agreement (Kythera Biopharmaceuticals Inc), Stock Option Agreement (Singulex Inc), Stock Option Agreement (Kilroy Realty Corp)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan Grant Notice or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Causecause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 1 contract

Samples: And Stock Option Agreement (Conatus Pharmaceuticals Inc.)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any SubsidiaryAffiliate. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary Affiliate or shall interfere with or restrict in any way the rights of the Company and its SubsidiariesAffiliates, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without CauseCause (as defined below), except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary an Affiliate and the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (ReachLocal Inc)

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Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any SubsidiaryAffiliate. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary Affiliate or shall interfere with or restrict in any way the rights of the Company and its SubsidiariesAffiliates, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Cause, except to the US-DOCS\98130099.2 extent expressly provided otherwise in a written agreement between the Company or a Subsidiary an Affiliate and the Optionee.

Appears in 1 contract

Samples: Notice and Stock Option Agreement (Puma Biotechnology, Inc.)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any SubsidiaryAffiliate. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary Affiliate or shall interfere with or restrict in any way the rights of the Company and its SubsidiariesAffiliates, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary an Affiliate and the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Skullcandy, Inc.)

Consideration to the Company. In consideration of the grant granting of 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 the Company shall from time to time prescribe. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee Optionee, at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 1 contract

Samples: 2003 Management and Directors Incentive (Gentek Inc)

Consideration to the Company. In consideration of the grant of the Option by the Company, the Optionee agrees to render faithful and efficient services to the Company or any SubsidiaryAffiliate. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary Affiliate or shall interfere with or restrict in any way the rights of the Company and its SubsidiariesAffiliates, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Causecause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary an Affiliate and the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Kythera Biopharmaceuticals Inc)

Consideration to the Company. In consideration of the grant granting of 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 the Company shall from time to time prescribe. Nothing in the Plan or this Agreement shall confer upon the Optionee any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Optionee at any time for any reason whatsoever, with or without Causecause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Optionee.

Appears in 1 contract

Samples: Stock Option Agreement (Sunesis Pharmaceuticals Inc)

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