Common use of No Effect on Employment Clause in Contracts

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereof.

Appears in 8 contracts

Samples: Restricted Stock Agreement (Marine Products Corp), Performance Restricted Stock Agreement (Marine Products Corp), Performance Restricted Stock Agreement (Marine Products Corp)

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No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's ’s employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereof.

Appears in 6 contracts

Samples: Time Lapse Restricted Stock Agreement (Rollins Inc), Restricted Stock Agreement (RPC Inc), Restricted Stock Agreement (Marine Products Corp)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or Company, to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereof.

Appears in 6 contracts

Samples: Incentive Stock Option Agreement (RPC Inc), Incentive Stock Option Agreement (Marine Products Corp), Stock Option Agreement (Rollins Inc)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's ’s employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereoftime of the Grant Date.

Appears in 4 contracts

Samples: Restricted Stock Grant Agreement (Dover Downs Gaming & Entertainment Inc), Restricted Stock Grant Agreement (Dover Downs Gaming & Entertainment Inc), Restricted Stock Grant Agreement (Dover Motorsports Inc)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's ’s employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereoftime this Option is granted.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (Dover Downs Gaming & Entertainment Inc), Incentive Stock Option Agreement (Dover Motorsports Inc)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit ----------------------- or restrict the right of the Company or any of its subsidiaries to terminate an Employee's employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereoftime this Option is granted.

Appears in 1 contract

Samples: Employment Agreement (Grand Prix Association of Long Beach Inc)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's ’s employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereof. 11.

Appears in 1 contract

Samples: Restricted Stock Agreement (Rollins Inc)

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No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's ’s employment at any time, time with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereoftime of the Grant Date.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Rollins Inc)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's employment at any time, time with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereoftime of the Grant Date.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Rollins Inc)

No Effect on Employment. Nothing herein shall be construed to grant Employee the right to continued employment with the Company or to limit or restrict the right of the Company or any of its subsidiaries to terminate an Employee's employment at any time, with or without cause, or to increase or decrease the compensation of the Employee from the rate in existence at the date hereoftime of the Grant Date.

Appears in 1 contract

Samples: Restricted Stock Grant Agreement (Dover Motorsports Inc)

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