Common use of No Equity Clause in Contracts

No Equity. Anything herein or elsewhere to the contrary notwithstanding, in no event shall Employee have any equity or equity interest of any kind whatsoever in the Company or any affiliate of the Company, and nothing herein is intended to, nor shall it, constitute a grant of equity, or a partnership or joint venture relationship.

Appears in 2 contracts

Sources: Employment Agreement, Employment Agreement