Common use of No Agreement to Employ Clause in Contracts

No Agreement to Employ. Nothing contained in this Agreement constitutes an employment commitment by the Company or any Affiliated Company, confers upon the Grantee any right to remain employed by the Company or any Affiliated Company, or interferes in any way with the right of the Company or any Affiliated Company at any time to terminate such employment. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Grantee under any written agreement with the Company or any Affiliated Company.

Appears in 8 contracts

Samples: Stock Appreciation Right Award Agreement (Newport Corp), Restricted Stock Unit Award Agreement (Newport Corp), Restricted Stock Unit Award Agreement (Newport Corp)

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No Agreement to Employ. Nothing contained in this Agreement constitutes an employment commitment by the Company or any Affiliated Company, confers upon the Grantee any right to remain employed by the Company or any Affiliated Company, or interferes in any way with the right of the Company or any Affiliated Company at any time to terminate such employment. Nothing in this paragraph, however, is intended to adversely affect any independent contractual right of the Grantee under any written employment agreement with the Company or any Affiliated Company.

Appears in 1 contract

Samples: Restricted Stock Unit Award Agreement (Newport Corp)

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