Employment Obligation. The granting of the Option shall not impose upon the Corporation any obligation to employ or become affiliated with or continue to employ or be affiliated with the Optionee. The right of the Corporation to terminate the employment of or its affiliation with the Optionee or any other person shall not be diminished or affected by reason of the fact that the Option has been granted to the Optionee.
Employment Obligation. 10.1 In consideration for the granting of this Option, the Grantee agrees that during the period of his employment by the Company or its affiliates, he shall faithfully and to the best of his ability devote his time, energy and skills during all normal working hours to the service of the Company or its subsidiaries in the promotion of their interests.
Employment Obligation. The Company shall employ* at least persons in the Locality with a quarterly aggregate payroll of at least $ . Said employment and payroll will be in addition to those already employed in the Locality by the Company and paid during the calendar quarter ending on , hereinafter called the “Base Quarter.” Persons employed by the Company in the Locality shall be counted as employed hereunder only to the extent that they (a) exceed the aggregate number of employees at all Company locations within the Commonwealth of Virginia during the Base Quarter, and (b) are not counted as fulfillment of any other employment obligation made to the Commission by the Company under any other agreement.
Employment Obligation. For certainty, the Purchaser shall assume no responsibility for any employee of the Vendor and the Purchaser shall not be obligated to offer employment to any employee of the Vendor.
Employment Obligation. The Company shall employ* at least persons in the Locality with a quarterly aggregate payroll of at least $ . Said employment and payroll will be in addition to those already employed in the Locality by the Company and paid during the calendar quarter ending on <the last day of the quarter immediately prior to the date of this agreement>, hereinafter called the “Base Quarter.” Persons employed by the Company in the Locality shall be counted as employed hereunder only to the extent that they (a) exceed the aggregate number of employees at all Company locations within the Commonwealth of Virginia during the Base Quarter, and (b) are not counted as fulfillment of any other employment obligation made to the Commission by the Company under any other agreement.
Employment Obligation. The granting of the Option by UTI to the Employee shall not impose upon UTI any obligation to employ or continue to employ the Employee; and the right of UTI to terminate the employment of the Employee with UTI shall not be diminished or affected by reason of the grant of the Option to the Employee pursuant to this Agreement.
Employment Obligation. As an inducement to the Company to issue the Equity Awards to Employee pursuant to Section 4(b), and as a condition thereto, Employee acknowledges and agrees that neither the issuance of the Equity Awards to Employee, nor any provision contained in this Employment Agreement, shall entitle Employee to remain in the employment of the Company or any of its subsidiaries or shall affect the right of the Company or any of its subsidiaries to terminate Employee’s employment at any time for any reason.
Employment Obligation. The granting of the Option by the Company to the Optionee shall not impose upon the Company any obligation to employ or continue to employ the Optionee; and the right of the Company to terminate the employment of the Optionee with the Company shall not be diminished or affected by reason of the grant of the Option to the Optionee pursuant to this Agreement.
Employment Obligation. The granting of any Option shall not impose upon the Company or any Subsidiary any obligation to employ or continue to employ any Optionee, or to engage or retain the services of any person, and the right of the Company or any Subsidiary to terminate the employment or services of any person shall not be diminished or affected by reason of the fact that an Option has been granted to him or her. The existence of any Option shall not be taken into account in determining any damages relating to termination of employment or services for any reason.
Employment Obligation. The granting of any Option under this Plan shall not impose upon the Company any obligation whatsoever to employ or to continue to employ any Optionee, and the right of the Company to terminate the employment of any officer or other Employee shall not be diminished or affected by reason of the fact that an Option has been granted to him under the Plan.
