Common use of No Employment Relationship Clause in Contracts

No Employment Relationship. The grant of an Option 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 an 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 27 contracts

Samples: Stock Option Agreement (Nickolas Steven Paul), Option Agreement (ALKALINE WATER Co INC), Option Agreement (Nickolas Steven Paul)

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No Employment Relationship. The grant of an Option shall in no way constitute any form of agreement or understanding binding on the Company Corporation or any related company, express or implied, that the Company Corporation or any related company will employ or contract with an Optionee, for any length of time, nor shall it interfere in any way with the CompanyCorporation’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 (KonaRed Corp)

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No Employment Relationship. The Except as otherwise provided in the Service Agreement, the grant of an Option shall in no way constitute any form of agreement or understanding binding on the Company or any related companyCompany, express or implied, that the Company will contract with, or any related company will employ or contract with an Optioneeotherwise employ, 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 's right to terminate Optionee’s employment 's contractual relationship at any time, which right is hereby reserved.

Appears in 1 contract

Samples: Agreement (Sportsprize Entertainment Inc/)

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