Common use of No Obligation to Continue Service Clause in Contracts

No Obligation to Continue Service. Neither the Plan nor this Agreement imposes any obligation on the Company to continue the Optionee’s employment. Neither the Plan nor this Agreement interferes in any way with the right of the Company to terminate the Optionee’s service at any time.

Appears in 4 contracts

Samples: Nonqualified Stock Option Agreement (Presstek Inc /De/), Nonqualified Stock Option Agreement (Presstek Inc /De/), Nonqualified Stock Option Agreement (Presstek Inc /De/)

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No Obligation to Continue Service. Neither the Plan Plan, nor this Agreement Agreement, nor the grant of this Option imposes any obligation on the Company or its affiliated corporation to continue the Optionee’s employment. Neither the Plan nor this Agreement interferes in any way with the right service of the Company to terminate the Optionee’s service at any time.

Appears in 2 contracts

Samples: Stock Option Agreement (Tudou Holdings LTD), Option Exchange Agreement (Tudou Holdings LTD)

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No Obligation to Continue Service. Neither the Plan Plan, this Agreement, nor the grant of this Agreement option imposes any obligation on the Company to continue the Optionee’s employment. Neither the Plan nor this Agreement Optionee in service, or interferes in any way with the right of the Company to terminate the Optionee’s service at any time.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Presstek Inc /De/)

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