Common use of Consideration to the Company Clause in Contracts

Consideration to the Company. In consideration of the issuance of the Shares by the Company, Xxxxxxxxx agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon Purchaser any right to (a) continue in the employ of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which are hereby expressly reserved, to discharge Purchaser, if Purchaser is an Employee, or (b) continue to provide services to the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company or its Subsidiaries, which are hereby expressly reserved, to terminate the services of Purchaser, if Purchaser is a Consultant, 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 and Purchaser.

Appears in 6 contracts

Samples: Stockholders’ Agreement (Nevro Corp), 2007 Stock Incentive Plan (Nevro Corp), Restricted Stock Purchase Agreement (Gritstone Oncology, Inc.)

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Consideration to the Company. In consideration of the issuance of the Shares by the Company, Xxxxxxxxx agrees to render faithful and efficient services to the Company or any Subsidiarysubsidiary. Nothing in the Plan or this Agreement shall confer upon Purchaser any right to (a) continue in the employ of the Company or any Subsidiary subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiariessubsidiaries, which are hereby expressly reserved, to discharge Purchaser, if Purchaser is an Employee, or (b) continue to provide services to the Company or any Subsidiary subsidiary or shall interfere with or restrict in any way the rights of the Company or its Subsidiariessubsidiaries, which are hereby expressly reserved, to terminate the services of Purchaser, if Purchaser is a Consultant, 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 and Purchaser.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Frontier Group Holdings, Inc.), Restricted Stock Purchase Agreement (Restoration Robotics Inc), Restricted Stock Purchase Agreement (Frontier Group Holdings, Inc.)

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Consideration to the Company. In consideration of the issuance of the Shares by the Company, Xxxxxxxxx Participant agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon Purchaser Participant any right to (a) continue in the employ of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which are hereby expressly reserved, to discharge PurchaserParticipant, if Purchaser Participant is an Employee, or (b) continue to provide services to the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company or its Subsidiaries, which are hereby expressly reserved, to terminate the services of PurchaserParticipant, if Purchaser Participant is a Consultant, 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 and PurchaserParticipant.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Vnus Medical Technologies Inc)

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