Common use of No Employment Clause in Contracts

No Employment. Nothing contained in this Award Agreement confers, intends to confer or implies any rights to an employment or other relationship or rights to a continued employment or other relationship with the Company or its Affiliates in favor of Recipient or limits the ability of the Company or its Affiliates to terminate, with or without cause, in its sole and absolute discretion, the Relationship with Recipient, subject to the terms of any written employment or other agreement between Recipient and the Company or an Affiliate.

Appears in 4 contracts

Samples: Cash Incentive Award Agreement (Pike Electric CORP), Incentive Compensation Plan (Pike Electric CORP), Restricted Stock Unit Award Agreement (Pike Electric CORP)

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No Employment. Nothing contained in this Award Agreement confersshall confer, intends intend to confer or implies imply any rights to an employment or other relationship or rights to a continued employment or other relationship with the Company or its Affiliates in favor of Recipient or limits limit the ability of the Company or its Affiliates to terminate, with or without cause, in its sole and absolute discretion, the Relationship with Recipient, subject to the terms of any written employment or other agreement between Recipient and the Company or an Affiliate.

Appears in 2 contracts

Samples: Option Award Agreement (Pike Electric CORP), Restricted Share Award Agreement (Pike Electric CORP)

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No Employment. Nothing contained in this Award Agreement confers, intends to confer or implies any rights to an employment or other relationship or rights to a continued employment or other relationship with the Company or its Affiliates in favor of Recipient or limits limit the ability of the Company or its Affiliates to terminate, with or without cause, in its sole and absolute discretion, the Relationship with Recipient, subject to the terms of any written employment or other agreement between Recipient and the Company or an Affiliate.

Appears in 2 contracts

Samples: Incentive Compensation Plan (Pike Electric CORP), Incentive Compensation Plan (Pike Electric CORP)

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