Common use of No Employment or Other Rights Clause in Contracts

No Employment or Other Rights. This Option grant does not confer upon the Optionee any right to be continued in the employment of, or otherwise provide Services to, the Company or any Subsidiary or other affiliate thereof, or interfere with or limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate such Optionee’s employment at any time. For purposes of this Agreement only, the term “employment” shall include circumstances under which Optionee provides consulting or other Services to the Company or any of its Subsidiaries as an independent contractor, but such Optionee is not, nor shall be considered, an employee; provided, however, nothing in this Section 13(h) or this Agreement shall create an employment relationship between such person and the Company or its applicable Subsidiary, as the usages described in this Section are for convenience only.

Appears in 6 contracts

Samples: Nonqualified Stock Option Agreement (Orthofix International N V), Nonqualified Stock Option Agreement (Orthofix Medical Inc.), Nonqualified Stock Option Agreement (Orthofix International N V)

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No Employment or Other Rights. This Option grant does not confer upon the Optionee any right to be continued in the employment of, or otherwise provide Services services to, the Company or any Subsidiary or other affiliate thereof, or interfere with or limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate such Optionee’s employment at any time. For purposes of this Agreement only, the term “employment” shall include circumstances under which Optionee provides consulting or other Services services to the Company or any of its Subsidiaries as an independent contractor, but such Optionee is not, nor shall be considered, an employee; provided, however, nothing in this Section 13(h14(h) or this Agreement shall create an employment relationship between such person and the Company or its applicable Subsidiary, as the usages described in this Section are for convenience only.

Appears in 4 contracts

Samples: Option Agreement (Orthofix International N V), Option Agreement (Orthofix International N V), Nonqualified Stock Option Agreement (Orthofix International N V)

No Employment or Other Rights. This Option Agreement grant does not confer upon the Optionee any right to be continued in the employment of, or otherwise provide Services services to, the Company or any Subsidiary or other affiliate thereof, or interfere with or limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate such the Optionee’s employment at any time. For purposes of this Agreement only, the term “employment” shall include circumstances under which the Optionee provides consulting or other Services services to the Company or any of its Subsidiaries as an independent contractor, but such the Optionee is not, nor shall be considered, an employee; provided, however, nothing in this Section 13(h15(h) or this Agreement shall create an employment relationship between such person and the Company or its applicable Subsidiary, as the usages described in this Section are for convenience only.

Appears in 2 contracts

Samples: Employee Inducement Non Qualified Stock Option Agreement (Orthofix Medical Inc.), Employee Inducement Non Qualified Stock Option Agreement (Orthofix Medical Inc.)

No Employment or Other Rights. This Option Agreement grant does not confer upon the Optionee any right to be continued in the employment of, or otherwise provide Services services to, the Company or any Subsidiary or other affiliate thereof, or interfere with or limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate such Optionee’s 's employment at any time. For purposes of this Agreement only, the term "employment" shall include circumstances under which Optionee provides consulting or other Services services to the Company or any of its Subsidiaries as an independent contractor, but such Optionee is not, nor shall be considered, an employee; provided, however, nothing in this Section 13(h) or this Agreement shall create an employment relationship between such person and the Company or its applicable Subsidiary, as the usages described in this Section are for convenience only.

Appears in 2 contracts

Samples: Inducement Grant Nonqualified Stock Option Agreement (Orthofix International N V), Inducement Grant Nonqualified Stock Option Agreement (Orthofix International N V)

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No Employment or Other Rights. This Option Agreement grant does not confer upon the Optionee any right to be continued in the employment of, or otherwise provide Services services to, the Company or any Subsidiary or other affiliate thereof, or interfere with or limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate such Optionee’s employment at any time. For purposes of this Agreement only, the term “employment” shall include circumstances under which Optionee provides consulting or other Services services to the Company or any of its Subsidiaries as an independent contractor, but such Optionee is not, nor shall be considered, an employee; provided, however, nothing in this Section 13(h) or this Agreement shall create an employment relationship between such person and the Company or its applicable Subsidiary, as the usages described in this Section are for convenience only.

Appears in 1 contract

Samples: Inducement Grant Nonqualified Stock Option Agreement (Orthofix International N V)

No Employment or Other Rights. This Option Agreement grant does not confer upon the Optionee any right to be continued in the employment of, or otherwise provide Services services to, the Company or any Subsidiary or other affiliate thereof, or interfere with or limit in any way the right of the Company or any Subsidiary or other affiliate thereof to terminate such Optionee’s employment at any time. For purposes of this Agreement only, the term “employment” shall include circumstances under which Optionee provides consulting or other Services services to the Company or any of its Subsidiaries as an independent contractor, but such Optionee is not, nor shall be considered, an employee; provided, however, nothing in this Section 13(h12(h) or this Agreement shall create an employment relationship between such person and the Company or its applicable Subsidiary, as the usages described in this Section are for convenience only.

Appears in 1 contract

Samples: Inducement Grant Non Qualified Stock Option Agreement (Orthofix International N V)

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