No Right of Employment. Neither the grant nor exercise of any Option nor anything in the Plan or this Agreement shall impose upon the Corporation or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation to terminate any employee shall not be diminished or affected because an Option has been granted to such employee.
Appears in 25 contracts
Samples: Incentive Stock Option Agreement (Patriot Scientific Corp), Incentive Stock Option Agreement (Artes Medical Inc), Non Qualified Stock Option Agreement (Artes Medical Inc)
No Right of Employment. Neither the grant nor exercise of any Option this option nor anything in the Plan or this Agreement shall impose upon the Corporation or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation to terminate any employee Optionee shall not be diminished or affected because an this Option has been granted to such employeeOptionee.
Appears in 9 contracts
Samples: Amended Stock Option Agreement (National Manufacturing Technologies), Stock Option Agreement (National Manufacturing Technologies), Stock Option Agreement (National Manufacturing Technologies)
No Right of Employment. Neither the grant nor exercise of any the Option nor anything in the Plan or this Agreement shall impose upon the Corporation Company or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation Company to terminate any employee Optionee shall not be diminished or affected because an Option has been granted to such employeeOptionee.
Appears in 5 contracts
Samples: Stock Option Agreement (Global Clean Energy Holdings, Inc.), Stock Option Agreement (Global Clean Energy Holdings, Inc.), Stock Option Agreement (Global Clean Energy Holdings, Inc.)
No Right of Employment. Neither the grant nor exercise of any the Option nor anything in the Plan or this Agreement shall impose upon the Corporation Company or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation Company to terminate any employee Optionee shall not be diminished or affected because an the Option has been granted to such employeeOptionee.
Appears in 4 contracts
Samples: Amended and Restated Stock Option Agreement (Global Clean Energy Holdings, Inc.), Amended and Restated Stock Option Agreement (Global Clean Energy Holdings, Inc.), Stock Option Agreement (Davi Luxury Brand Group, Inc.)
No Right of Employment. Neither the grant nor exercise of any Option nor anything in the Plan or this Agreement shall impose upon the Corporation or any other corporation Company any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation Company to terminate any employee shall not be diminished or affected because an Option has been granted to such employee.
Appears in 4 contracts
Samples: Non Qualified Stock Option Agreement (CHINA INFRASTRUCTURE CONSTRUCTION Corp), Qualified Stock Option Agreement Agreement (Universal Technology Systems Corp.), Non Qualified Stock Option Agreement (RINO International CORP)
No Right of Employment. Neither the grant nor exercise of any the Option nor anything in the Plan or this Agreement shall impose upon the Corporation Company or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation Company to terminate any employee Optionee, as provided in the Employment Agreement, shall not be diminished or affected because an the Option has been granted to such employeeOptionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Kaching Kaching, Inc.), Stock Option Agreement (Kaching Kaching, Inc.)
No Right of Employment. Neither the grant nor exercise of any Option nor anything in the Plan or this Agreement shall impose upon the Corporation Company or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation Company to terminate any employee Optionee, as provided in the Employment Agreement, shall not be diminished or affected because an Option has been granted to such employeeOptionee.
Appears in 2 contracts
Samples: Stock Option Agreement (Global Clean Energy Holdings, Inc.), Stock Option Agreement
No Right of Employment. Neither the grant nor exercise of any Option nor anything in the Plan or this Agreement shall impose upon the Corporation Company or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation Company and any other corporation to terminate any employee shall not be diminished or affected because an Option has been granted to such employee.
Appears in 2 contracts
Samples: Stock Option Agreement (Sensor System Solutions Inc), Stock Option Agreement (Lixte Biotechnology Holdings, Inc.)
No Right of Employment. Neither the grant nor exercise of any the Option nor anything in the Plan or this Agreement shall impose upon the Corporation or any other corporation any obligation to employ or continue to employ any OptioneeXxxxxxxx. The right of the Corporation and any other corporation to terminate any employee Xxxxxxxx shall not be diminished or affected because an the Option has been granted to such employeeXxxxxxxx.
Appears in 1 contract
Samples: Securities Issuance Agreement (Davi Luxury Brand Group, Inc.)
No Right of Employment. Neither the grant nor exercise of any the Option nor anything in the Plan or this Agreement shall impose upon the Corporation or any other corporation any obligation to employ or continue to employ any Optionee. The right of the Corporation and any other corporation to terminate any employee shall not be diminished or affected because an this Option has been granted to such employeeOptionee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Patriot Scientific Corp)
No Right of Employment. Neither the grant nor exercise of any Option nor anything in the Plan or this Agreement shall impose upon the Corporation or any other corporation any obligation to employ or continue to employ or retain any Optionee. The right of the Corporation and any other corporation to terminate any employee shall not be diminished or affected because an Option has been granted to such employee.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Brazil Minerals, Inc.)
No Right of Employment. Neither the grant nor exercise of any portion of the Option nor anything in the Plan or this Agreement shall impose upon the Corporation Company or any other corporation any obligation to employ or continue to employ any Optionee. The ; the right of the Corporation Company and any other corporation to terminate any employee Optionee shall not be diminished or affected because an Option has been granted to such employeeas a result of the Option.
Appears in 1 contract
Samples: Non Qualified Stock Option Agreement (Protalex Inc)
No Right of Employment. Neither the grant nor exercise of any Option option nor anything in the this Plan or this Agreement shall impose upon the Corporation or any other corporation any obligation to employ or continue to employ any Optioneeoptionee. The right of the Corporation and any other corporation to terminate any employee shall not be diminished or affected because an Option option has been granted to such employee.
Appears in 1 contract
