Common use of No Right to Continued Employment; No Rights as Shareholder Clause in Contracts

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares of Common Stock subject to the Option unless and until certificates representing the Shares have been issued by the Company to the holder of such Shares, or the Shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 20 contracts

Samples: Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.), Incentive Stock Option Award Agreement (BioRestorative Therapies, Inc.)

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No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company Continuous Service at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 10 contracts

Samples: Incentive Stock Option Agreement (Inmune Bio, Inc.), 2020 Equity Incentive Plan (Foxo Technologies Inc.), Incentive Stock Option Agreement (Agrify Corp)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of position with the Company. Further, nothing Nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company of Participant at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 7 contracts

Samples: Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of position with the Company. Further, nothing Nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company Service of Participant at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 4 contracts

Samples: Stock Option Award Agreement (Arena Group Holdings, Inc.), Stock Option Award Agreement (theMaven, Inc.), Stock Option Award Agreement (theMaven, Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company 's Continuous Service at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 4 contracts

Samples: Incentive Stock Option Agreement (Marizyme Inc), Incentive Stock Option Agreement (LIGHTBRIDGE Corp), Form of Incentive Stock Option Agreement (Cellceutix CORP)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the CompanyCompany or any of its subsidiaries. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company Continuous Service at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 3 contracts

Samples: Qualified Stock Option Agreement (International Money Express, Inc.), Qualified Stock Option Agreement (International Money Express, Inc.), Qualified Stock Option Agreement (Fintech Acquisition Corp. II)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s 's employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 3 contracts

Samples: Non Qualified Stock Option Agreement (CardConnect Corp.), Non Qualified Stock Option Agreement (CardConnect Corp.), Non Qualified Stock Option Agreement (CardConnect Corp.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant Grantee any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the ParticipantGrantee’s employment or service with the Company Continuous Service at any time, with or without Cause. The Participant Grantee shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 2 contracts

Samples: Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.), Restricted Stock Award Agreement (Advanced Emissions Solutions, Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s 's employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 2 contracts

Samples: Incentive Stock Option Agreement (CardConnect Corp.), Incentive Stock Option Agreement (CardConnect Corp.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer confers upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall may be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company 's Continuous Service at any time, with or without Cause. The Participant shall not have any has no rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Equity and Incentive Plan Incentive Stock Option Agreement (Scotts Liquid Gold Inc)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any positionposition with the Company, its Subsidiaries or its Affiliates as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company or any of its Subsidiaries or Affiliates to terminate the Participant’s employment or service with the Company at any time, with or without Causecause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Egalet Corp)

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No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the CompanyCompany or any of its subsidiaries. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Non Qualified Stock Option Agreement (International Money Express, Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, position as an Employee, Consultant Employee or Director of the Company. Further, nothing in the Plan or this Agreement shall may be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company Continuous Service at any time, with or without Cause. The Participant shall will not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesthe shares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such the holder.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (BG Staffing, Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the CompanyCompany or any of its subsidiaries. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s 's employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Fintech Acquisition Corp. II)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the CompanyCompany or any of its subsidiaries. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company 's Continuous Service at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Qualified Stock Option Agreement (Fintech Acquisition Corp. II)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Common Shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Incentive Stock Option Award Agreement (Byrna Technologies Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant any right to be retained in any position, as an Employeeemployee, Consultant consultant or Director director of the CompanyCompany or any of its subsidiaries. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company at any time, with or without Cause. The Participant shall not have any rights as a shareholder with respect to any Shares shares of Common Stock subject to the Option unless and until certificates representing the Shares shares have been issued by the Company to the holder of such Sharesshares, or the Shares shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (International Money Express, Inc.)

No Right to Continued Employment; No Rights as Shareholder. Neither the Plan nor this Agreement shall confer upon the Participant Optionee any right to be retained in any position, as an Employee, Consultant or Director of the Company. Further, nothing in the Plan or this Agreement shall be construed to limit the discretion of the Company to terminate the Participant’s employment or service with the Company Optionee's Continuous Status as an Employee at any time, with or without Cause. The Participant Optionee shall not have any rights as a shareholder Shareholder with respect to any Shares of Common Stock subject to the Option unless and until certificates representing the Shares have been issued by the Company to the holder of such Shares, or the Shares have otherwise been recorded on the books of the Company or of a duly authorized transfer agent as owned by such holder.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Santeon Group, Inc.)

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