Common use of Limitation of Employment Rights Clause in Contracts

Limitation of Employment Rights. The Option confers upon you no right to continue in the employ of the Company or an Affiliated Employer or interferes in any way with the right of the Company or an Affiliated Employer to terminate your employment at any time.

Appears in 3 contracts

Samples: Employment Agreement (Kadant Inc), Stock Option Agreement (Thermo Electron Corp), Stock Option Agreement (Thermo Electron Corp)

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Limitation of Employment Rights. The Option confers upon you no -------------------------------- right to continue in the employ or service of the Company or an Affiliated Employer and its subsidiaries or interferes in any way with the right of the Company or an Affiliated Employer and its subsidiaries to terminate your employment or services as a director at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Photoelectron Corp)

Limitation of Employment Rights. The Option confers upon you no right to continue in the employ of the Company or an Affiliated Employer and its subsidiaries or interferes in any way with the right of the Company or an Affiliated Employer and its subsidiaries to terminate your employment at any time.

Appears in 1 contract

Samples: Employment Agreement (Thermo Electron Corp)

Limitation of Employment Rights. The Option confers upon you no ------------------------------- right to continue in the employ or service of the Company or an Affiliated Employer and its subsidiaries or interferes in any way with the right of the Company or an Affiliated Employer and its subsidiaries to terminate your employment or services as a director at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Photoelectron Corp)

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Limitation of Employment Rights. The Option option confers upon you no right ------------------------------- to continue in the employ or service of the Company or an Affiliated Employer and its subsidiaries or interferes in any way with the right of the Company or an Affiliated Employer and its subsidiaries to terminate your employment or services as a director at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Photoelectron Corp)

Limitation of Employment Rights. The Option confers upon you no right ------------------------------- to continue in the employ or service of the Company or an Affiliated Employer and its subsidiaries or interferes in any way with the right of the Company or an Affiliated Employer and its subsidiaries to terminate your employment or services as a director at any time.

Appears in 1 contract

Samples: Stock Option Agreement (Photoelectron Corp)

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