No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an employment or consulting agreement nor shall confer upon the Optionee any right to remain a director of the Corporation. The Optionee shall remain subject to termination of his or her directorship to the same extent as though this Agreement did not exist.
Appears in 3 contracts
Samples: Non Qualified Stock Option Agreement (QC Holdings, Inc.), Non Qualified Stock Option Agreement (QC Holdings, Inc.), Non Qualified Stock Option Agreement (QC Holdings, Inc.)
No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an employment or consulting agreement nor shall confer upon be deemed to create a right on the part of the Optionee any right to remain be continued as a director of the Corporationdirector. The Optionee shall remain subject to termination of his or her directorship status as a director to the same extent as though this Agreement did not exist.
Appears in 2 contracts
Samples: Term Incentive Plan Director Non Qualified Stock Option Agreement (Atlantic City Electric Co), Non Qualified Stock Option Agreement
No Other Rights Created. Neither this Agreement nor the Option herein granted shall constitute an employment be deemed to create a condition of service as a director or consulting agreement nor shall confer upon the Optionee any a right to remain be continued as a director of the Corporationdirector. The Optionee shall remain subject to termination of his or her directorship status as a director to the same extent as though this Agreement did not exist.
Appears in 1 contract
Samples: Sierra Health Services (Sierra Health Services Inc)
