Common use of No Right to Continued Employment Clause in Contracts

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.

Appears in 28 contracts

Samples: 2012 Stock Incentive Plan (LG&E & KU Energy LLC), Nonqualified Stock Option Agreement (Freescale Semiconductor Holdings I, Ltd.), Form of Nonqualified Stock Option Agreement (Chart Industries Inc)

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No Right to Continued Employment. The granting of the Option evidenced hereby and this This Agreement shall impose no obligation on not confer upon the Optionee any right with respect to continuance of employment by the Company or any Affiliate to continue thereof, nor shall it interfere in any way with the Employment right of the Participant and shall not lessen Company or affect the Company’s or its Affiliate’s right any Affiliate thereof to terminate the Employment of such ParticipantOptionee’s employment at any time.

Appears in 25 contracts

Samples: Stock Option Agreement (Deltek, Inc), Stock Option Agreement (Deltek, Inc), Stock Option Agreement (Deltek, Inc)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate other member of the Company Group to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliatesuch other member’s right to terminate the Employment of such Participant.

Appears in 23 contracts

Samples: Agreement (Hawker Beechcraft Quality Support Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Quality Support Co), Nonqualified Stock Option Agreement (Hawker Beechcraft Quality Support Co)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s Affiliates’ right to terminate the Employment of such the Participant.

Appears in 11 contracts

Samples: Nonqualified Stock Option Agreement (Brown Mackie Holding CO), Nonqualified Stock Option Agreement (Education Management LLC), Nonqualified Stock Option Agreement (Education Management LLC)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s Affiliates’ right to terminate the Employment of such Participant.

Appears in 9 contracts

Samples: Nonqualified Stock Option Agreement (McJunkin Red Man Holding Corp), Option Agreement (Tradeweb Markets Inc.), Nonqualified Stock Option Agreement (McJunkin Red Man Holding Corp)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment of such Participant.

Appears in 8 contracts

Samples: Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Nonqualified Share Option Agreement (Aspen Insurance Holdings LTD), Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this This Agreement shall impose no obligation on not be construed as giving the Optionee any right to be retained in the employ or service of the Company or an Affiliate or to affect or limit in any Affiliate to continue way the Employment right of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right Company to terminate the Employment employment or service of such Participantthe Optionee at any time with or without assigning a reason therefor.

Appears in 8 contracts

Samples: Optionee Agreement (Telecommunication Systems Inc /Fa/), Optionee Agreement (Telecommunication Systems Inc /Fa/), Optionee Agreement (Telecommunication Systems Inc /Fa/)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant. The granting of the Option does not form part of and should in no way be construed as a term or condition of employment. At all times, the Option granted hereunder is discretionary and does not imply that additional Options will be awarded in the future.

Appears in 6 contracts

Samples: Form Nonqualified Stock Option Agreement (Freescale Semiconductor, Ltd.), Omnibus Incentive Plan (Freescale Semiconductor, Ltd.), Form Nonqualified Stock Option Agreement (Freescale Semiconductor Holdings I, Ltd.)

No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such the Participant.

Appears in 5 contracts

Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.), Option Agreements (Cooper-Standard Holdings Inc.), Option Agreements (Cooper-Standard Holdings Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant Optionee and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such ParticipantOptionee.

Appears in 3 contracts

Samples: Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.), Inducement Option Award Agreement (ProPhase Labs, Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company Corporation or any Affiliate affiliate to continue the Employment employment of the Participant Employee and shall not lessen or affect the CompanyCorporation’s or its Affiliateany affiliate’s right to terminate the Employment employment of such ParticipantEmployee.

Appears in 2 contracts

Samples: Stock Option Agreement (Bard C R Inc /Nj/), Agreement (Bard C R Inc /Nj/)

No Right to Continued Employment. The granting Company Option does not confer upon Participant any right to continue in the employ of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or an Affiliate, nor shall it interfere in any way with the right of the Company or an Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participantemployment at any time.

Appears in 2 contracts

Samples: Agreement (Extended Stay America Inc), Agreement (Extended Stay America Inc)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such Participant.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Toys R Us Inc), Nonqualified Stock Option Agreement (Toys R Us Inc)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate other member of the Company or its Affiliates to continue the Employment of the Participant Optionee and shall not lessen or affect the Company’s or any of its Affiliate’s Affiliates’ right to terminate the Employment of such Participantthe Optionee.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Michael Foods Group, Inc.), Nonqualified Stock Option Agreement (Michael Foods Group, Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment employment of such ParticipantParticipant for any reason at any time.

Appears in 2 contracts

Samples: Form of Nonqualified Stock Option Agreement (Telanetix,Inc), 2010 Stock Incentive Plan (Telanetix,Inc)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the - 3 - Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.

Appears in 2 contracts

Samples: Equity Compensation Plan (ProPhase Labs, Inc.), Equity Compensation Plan (ProPhase Labs, Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Award Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment of such Participant.

Appears in 2 contracts

Samples: Award Agreement (El Pollo Loco Holdings, Inc.), Award Agreement (El Pollo Loco Holdings, Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such ParticipantParticipant for any reason at any time.

Appears in 2 contracts

Samples: Incentive Plan (NewPage Group Inc.), Rollover Nonqualified Stock Option Agreement (NewPage Group Inc.)

No Right to Continued Employment. The granting This Agreement shall not confer on the Optionee any right to continue serving as an employee of the Option evidenced hereby and Company nor shall this Agreement shall impose no obligation on the Company or limit in any Affiliate to continue the Employment of the Participant and shall not lessen or affect way the Company’s or its Affiliate’s right to terminate or change the Employment terms of such Participantthe Optionee’s employment.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement for Employees (Capstead Mortgage Corp), For Employees (Capstead Mortgage Corp)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Toys R Us Inc), Employment Agreement (Toys R Us Inc)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant.

Appears in 2 contracts

Samples: October 2014 Nonqualified Stock Option Agreement (Toys R Us Inc), Form Nonqualified Stock Option Agreement (Freescale Semiconductor Holdings I, Ltd.)

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No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on right upon the Company or any Affiliate Participant to continue in the Employment of employ or service with the Participant Company’s investment adviser and shall not lessen or affect the Company’s or its Affiliateinvestment adviser’s right to terminate the Employment employ or service of such ParticipantParticipant at any time.

Appears in 2 contracts

Samples: Stock Option Agreement (Chimera Investment Corp), Form of Stock Option Agreement (CreXus Investment Corp.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Toys R Us Inc)

No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment of such Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)

No Right to Continued Employment. The granting Nothing in this Option Agreement shall be deemed by implication or otherwise to confer upon the Participant the right to continue in the employment or service of the Option evidenced hereby and this Agreement shall impose no obligation on the Partnership, Company or any Affiliate to continue the Employment thereof, or impose any limitation on any right of the Participant and shall not lessen Partnership, Company or affect the Company’s or its Affiliate’s right any Affiliate thereof, to terminate the Employment of such Participant's employment or service at any time for any reason.

Appears in 1 contract

Samples: Option Agreement (Abraxas Energy Partners LP)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on right upon the Participant to continue in the employ or service to the Company with the Company’s manager or any Affiliate its Affiliates or otherwise [or, if an independent director, to continue the Employment of the Participant Company] and shall not lessen or affect the Company’s or its Affiliatethe Company’s manager’s [or, if an independent director, the Company’s] right to terminate the Employment employ or service of such ParticipantParticipant at any time.

Appears in 1 contract

Samples: Form of Nonqualified Stock Option Agreement (Bayview Mortgage Capital, Inc.)

No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment employment of such the Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Agreement shall impose no obligation on the Company Corporation or any Affiliate affiliate to continue the Employment employment of the Participant Employee and shall not lessen or affect the Company’s Corporation's or its Affiliate’s any affiliate's right to terminate the Employment employment of such ParticipantEmployee.

Appears in 1 contract

Samples: Agreement (Bard C R Inc /Nj/)

No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)

No Right to Continued Employment. The granting This Agreement and the grant of the Option evidenced hereby and this Agreement shall impose no obligation on do not confer upon the Participant any right with respect to continuance of employment with the Company or any an Affiliate to continue and do not interfere with the Employment right of the Participant and shall not lessen Company or affect the Company’s or its Affiliate’s right an Affiliate to terminate the Employment of such Participant’s employment.

Appears in 1 contract

Samples: Stock Option Agreement (Summit Hotel Properties, Inc.)

No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate of its Affiliates to continue the Employment of the Participant and shall not lessen or affect the Company’s or its Affiliate’s right to terminate the Employment of such Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Cooper-Standard Holdings Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Option Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participant.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (El Pollo Loco Holdings, Inc.)

No Right to Continued Employment. The granting of the Option evidenced hereby and this Award Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment employment of the Participant Optionee and shall not lessen or affect the Company’s or its any Affiliate’s right to terminate the Employment employment of such Participantthe Optionee.

Appears in 1 contract

Samples: Award Agreement (El Pollo Loco Holdings, Inc.)

No Right to Continued Employment. The granting of the Option Options evidenced hereby and this Agreement shall impose no obligation on the Company or any Affiliate to continue the Employment of the Participant and shall not lessen or affect the Company’s 's or its Affiliate’s 's right to terminate the Employment of such Participant.

Appears in 1 contract

Samples: Nonqualified Share Option Agreement (Aspen Insurance Holdings LTD)

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