No Right of Employment. This Option shall not confer upon the Optionee any right to continue in the employment of the Company or limit in any respect the right of the Company to discharge the Optionee at any time, with or without cause and with or without notice.
Appears in 6 contracts
Samples: Form of Nonstatutory Stock Option Agreement (Tekelec), Nonstatutory Stock Option Agreement (Tekelec), Nonstatutory Stock Option Agreement (Tekelec)
No Right of Employment. This Neither this Option nor the Plan shall not confer upon the Optionee any right to continue in the employment of the Company or limit in any respect the right of the Company to discharge the Optionee at any time, with or without cause and with or without notice.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Trimark Holdings Inc), Stock Purchase Agreement (Trimark Holdings Inc), Stock Purchase Agreement (Trimark Holdings Inc)
No Right of Employment. This Neither this Plan nor any Option granted hereunder shall not confer upon the any Optionee any right to continue in the employment to serve as an Employee of the Company or limit in any respect the right of the Company to discharge the Optionee at any time, with or without cause and with or without notice.
Appears in 1 contract
Samples: Option Agreement (Young M Dendy)