Common use of No Effect on Employment or Service Clause in Contracts

No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right regarding continuing the Participant’s relationship as a Service Provider with the Company or member of the Company Group, nor will they interfere with the Participant’s right, or the Participant’s employer’s right, to terminate such relationship at any time free from any liability or claim under the Plan.

Appears in 10 contracts

Samples: Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.), Business Combination Agreement (Digital Transformation Opportunities Corp.)

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No Effect on Employment or Service. Neither the this Plan nor any Award will confer upon a Participant any right regarding with respect to continuing the Participant’s relationship as a Service Provider with the Company or member of the Company Groupits Subsidiaries or Parents, as applicable, nor will they interfere in any way with the Participant’s right, right or the Participant’s employer’s rightright of the Company and its Subsidiaries or Parents, as applicable, to terminate such relationship at any time time, free from any liability or claim under the this Plan.

Appears in 4 contracts

Samples: Business Combination Agreement (Apexigen, Inc.), Project Barolo Merger (Apexigen, Inc.), Business Combination Agreement (Brookline Capital Acquisition Corp.)

No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right regarding with respect to continuing the Participant’s relationship as a Service Provider with the Company or member of the Company Groupits Subsidiaries or Parents, as applicable, nor will they interfere in any way with the Participant’s right, right or the Participant’s employer’s rightright of the Company and its Subsidiaries or Parents, as applicable, to terminate such relationship at any time time, free from any liability or claim under the Plan.

Appears in 4 contracts

Samples: Business Combination Agreement (Tailwind Acquisition Corp.), Business Combination Agreement (Tailwind Acquisition Corp.), Agreement and Plan of Merger (Osprey Technology Acquisition Corp.)

No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right regarding with respect to continuing the Participant’s relationship as a Service Provider with the Company or member of the Company GroupCompany, nor will they interfere in any way with the Participant’s right, right or the ParticipantCompany’s employer’s right, right to terminate such relationship at any time free from any liability time, with or claim under without cause, to the Planextent permitted by Applicable Laws.

Appears in 3 contracts

Samples: Restricted Stock Unit Award Agreement (Telenav, Inc.), Employment Agreement (Rackspace Hosting, Inc.), Aldila Inc

No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right regarding with respect to continuing the Participant’s relationship as a Service Provider with the Company Company, or member of (if different) the Company GroupParticipant’s employer, nor will they interfere in any way with the Participant’s right, right or the Participant’s employer’s right, right to terminate such relationship at any time free from any liability time, with or claim under without cause, to the Planextent permitted by Applicable Laws.

Appears in 1 contract

Samples: Investment Agreement (Easterly Acquisition Corp.)

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No Effect on Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right regarding with respect to continuing the Participant’s relationship as a Service Provider with the Company or member of the Company Groupany Affiliate, nor will they interfere in any way with the Participant’s right, right or the ParticipantCompany’s employeror any Affiliate’s right, right to terminate such relationship at any time free from any liability time, with or claim under without cause, to the Planextent permitted by Applicable Laws.

Appears in 1 contract

Samples: Agreement and Plan of Merger and Reorganization (Flexible Solutions International Inc)

No Effect on Employment or Service. Neither the Plan nor any Award (nor any vesting schedule contained therein) will confer upon a Participant any right regarding with respect to continuing the Participant’s relationship as a Service Provider with the Company or member of the Company GroupProvider, nor will they interfere in any way with the Participant’s right, right or the Participant’s employer’s right, right of the Company (or any Parent or Subsidiary of the Company) to terminate such relationship at any time free from any liability time, with or claim under without Cause, to the Planextent permitted by Applicable Laws.

Appears in 1 contract

Samples: Business Combination Agreement (Longview Acquisition Corp. II)

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