Common use of No Employment or Service Contract Clause in Contracts

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time or interfere with or restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 6 contracts

Samples: Employee Stock Purchase Agreement (Symbion Inc/Tn), Employee Stock Purchase Agreement (Symbion Inc/Tn), Employee Stock Purchase Agreement (Symbion Inc/Tn)

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No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser Individual any right to continue in the service Service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserIndividual) for any period of time specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserIndividual) or the PurchaserIndividual, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser Individual's Service at any time for any reason whatsoever, with or without cause.

Appears in 5 contracts

Samples: Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc), Restricted Stock Issuance Agreement (Lifen Inc)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in his employment with the service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) Company for any period of time specific duration or interfere with or otherwise restrict in any way the rights of the Corporation Company (or any parent Parent or subsidiary corporation of the Corporation Subsidiary employing or retaining the Purchaser) or of the Purchaser, which rights are hereby expressly reserved by each, to terminate the Purchaser's employment status of Purchaser at any time for any reason whatsoeverreason, with or without causeCause.

Appears in 4 contracts

Samples: Founder Stock Purchase Agreement (Oilfield Safety Holdings Inc), Founder Stock Purchase Agreement (Barrier 4, Inc.), Founder Stock Purchase Agreement (Drax, Industries Inc.)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserCompany) for any period of time or interfere with or restrict in any way the rights of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserCompany) or the Purchaser, which rights are hereby expressly reserved by each, Purchaser to terminate the employment Service Provider status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 3 contracts

Samples: Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.), Restricted Stock Purchase Agreement (Vallon Pharmaceuticals, Inc.)

No Employment or Service Contract. Nothing in this Agreement shall --------------------------------- confer upon the Purchaser any right to continue in the service of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserCompany) for any period of time or interfere with or restrict in any way the rights of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserCompany) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment Service Provider status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 3 contracts

Samples: Founder Stock Purchase Agreement (Gentle Dental Service Corp), Founder Stock Purchase Agreement (Gentle Dental Service Corp), Employee Stock Purchase Agreement (Newcom Inc)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service Service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser Purchaser's Service at any time for any reason whatsoever, with or without cause.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Nanogen Inc), Collateral Therapeutics Inc

No Employment or Service Contract. Nothing Subject to the terms of the Employment Agreement, nothing in this Agreement shall confer upon the Purchaser any right to continue in the service Service of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time specific duration or interfere with or otherwise restrict in any way the rights of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser Purchaser's Service at any time for any reason whatsoever, with or without cause.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Netscreen Technologies Inc), Restricted Common Stock Purchase Agreement (Netscreen Technologies Inc)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time or interfere with or restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment Service Provider status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 2 contracts

Samples: Employee Stock Purchase Agreement (Group 1 Automotive Inc), Employee Stock Purchase Agreement (Group 1 Automotive Inc)

No Employment or Service Contract. Nothing contained in this Agreement shall confer upon the Purchaser any right to continue in the service Service of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time specific duration or interfere with or otherwise restrict in any way the rights of the Corporation Company (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser Purchaser’s Service at any time for any reason whatsoever, with or without cause.

Appears in 2 contracts

Samples: Restricted Stock Agreement (Danger Inc), Restricted Stock Agreement (Danger Inc)

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No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time or interfere with or restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, : which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Employee Stock Purchase Agreement (Symbion Inc/Tn)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation Company (or any parent or subsidiary corporation of the Corporation Company employing or retaining Purchaser) for any period of time specific duration or interfere with or restrict in any way the rights of the Corporation Company (or any parent or subsidiary corporation of the Corporation Company employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment Employee status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Series B Preferred Stock Purchase Agreement (Netzero Inc)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser Individual any right to continue in the service Service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserIndividual) for any period of time specific duration or interfere with or otherwise restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining PurchaserIndividual) or the PurchaserIndividual, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser Individual’s Service at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Restricted Stock Issuance Agreement (Salmedix Inc)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time or interfere with or restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser, which rights are hereby expressly reserved by each, to terminate the employment status of Purchaser at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Employee Stock Purchase Agreement (Symbion Inc/Tn)

No Employment or Service Contract. Nothing in this Agreement shall confer upon the Purchaser any right to continue in the service of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) for any period of time or interfere with or restrict in any way the rights of the Corporation (or any parent or subsidiary corporation of the Corporation employing or retaining Purchaser) or the Purchaser), which rights are hereby expressly reserved by each, to terminate the employment status Purchaser as an employee of Purchaser the Corporation or any parent or subsidiary of the Corporation at any time for any reason whatsoever, with or without cause.

Appears in 1 contract

Samples: Stock Purchase Agreement (Digitalconvergence Com Inc)

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