Common use of No Other Rights Created Clause in Contracts

No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an employment agreement nor shall they confer upon the Optionee any right to remain in the employ of the Corporation or any Subsidiary thereof. The Optionee shall remain subject to termination of his or her employment to the same extent as though this Agreement did not exist.

Appears in 6 contracts

Samples: Non Qualified Stock Option Agreement (QC Holdings, Inc.), Incentive Stock Option Agreement (QC Holdings, Inc.), Non Qualified Stock Option Agreement (QC Holdings, Inc.)

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No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an employment agreement nor shall they confer upon the Optionee any right to remain in the employ of the Corporation Company or any Subsidiary subsidiary thereof. The Optionee shall remain subject to termination of his or her employment to the same extent as though this Agreement did not exist.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Premium Standard Farms, Inc.)

No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an be deemed to create a condition of employment agreement nor shall they confer upon the Optionee any or a right to remain in continued employment on the employ part of the Corporation or any Subsidiary thereofOptionee. The Optionee shall remain subject to termination of his or her employment to the same extent as though this Agreement did not exist.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (Pepco Holdings Inc)

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No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an employment agreement nor shall they confer upon the Optionee any right to remain in the employ of the Corporation or any Subsidiary thereof. The Optionee shall remain subject to termination of his or her employment as provided in the Employment Agreement to the same extent as though this Agreement did not exist.

Appears in 1 contract

Samples: Employment Agreement (Travelnowcom Inc)

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