Continuation of Service as Director. This Agreement shall not confer upon the Participant any right to continue service with the Company, nor shall this Agreement interfere in any way with the Company’s right to terminate the Participant’s service at any time.
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Continuation of Service as Director. This Agreement shall not confer upon the Participant any right to continue continuation of service with the Companyas a director, nor shall this Agreement interfere in any way with the Company’s right to terminate cease or refuse to nominate the Participant’s service at any timeParticipant for a stated term as a director of the Company, and the rules set forth in Section 18(b) of the Plan, as amended and supplemented, shall apply.
Appears in 2 contracts
Samples: Nonqualified Stock Option Award Agreement (Bandag Inc), Bandag, Incorporated 2004 Stock Grant and Awards Plan Restricted Stock Award Agreement (Bandag Inc)