Common use of No Employment Commitment Clause in Contracts

No Employment Commitment. The grant of the Options shall in no way constitute any form of agreement or understanding binding on the Company or any Related Company, express or implied, that the Company or any Related Company will employ or contract with the Optionee, for any length of time, nor shall it interfere in any way with the Company’s or, where applicable, a Related Company’s right to terminate Optionee’s employment at any time, which right is hereby reserved.

Appears in 12 contracts

Samples: Stock Option Agreement (Scores Holding Co Inc), Stock Option Agreement (Armada Oil, Inc.), Stock Option Agreement (Dynastar Holdings, Inc.)

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No Employment Commitment. The grant of the Options shall in no way constitute any form of agreement or understanding binding on the Company or any Related CompanySubsidiary, express or implied, that the Company or any Related Company Subsidiary will employ or contract with the Optionee, for any length of time, nor shall it interfere in any way with the Company’s or, where applicable, a Related CompanySubsidiary’s right to terminate Optionee’s employment at any time, which right is hereby reserved.

Appears in 2 contracts

Samples: Stock Option Agreement (Neurotrope, Inc.), Stock Option Agreement (Armada Oil, Inc.)

No Employment Commitment. The grant of the Options shall in no way constitute any form of agreement or understanding binding on the Company or any Related Company, express or implied, that the Company or any Related Company will employ or contract with the Optionee, for any length of time, nor shall it interfere in any way with the Company’s 's or, where applicable, a Related Company’s 's right to terminate Optionee’s 's employment at any time, which right is hereby reserved.

Appears in 1 contract

Samples: Ock Option Agreement (Pacific Ventures Group, Inc.)

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No Employment Commitment. The grant of the Options shall in no way constitute any form of agreement or understanding binding on the Company or any Related Company, express or implied, that the Company or any Related Company will employ or contract with the Optionee, for any length of time, nor shall it interfere in any way with the Company’s or, where applicable, a Related Company’s right to terminate Optionee’s employment at any time, which right is hereby reserved.

Appears in 1 contract

Samples: Stock Option Agreement (PureBase Corp)

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