Common use of No Right to Employment or Directorship Clause in Contracts

No Right to Employment or Directorship. Optionee shall be considered to be in the employment of the Company or its Affiliates or in service on the Board so long as he or she remains an employee or director of the Company or its Affiliates. Any questions as to whether and when there has been a termination of such employment or service on the Board and the cause of such termination shall be determined by the Committee, and its determination shall be final. Nothing contained herein shall be construed as conferring upon Optionee the right to continue in the employ of the Company or its Affiliates or to continue service on the Board, nor shall anything contained herein be construed or interpreted to limit the "employment at will" relationship between Optionee and the Company or its Affiliates.

No Right to Employment or Directorship. Optionee shall be considered to be in the employment of the Company or its Affiliates or in service on the Board as a director or consultant so long as he or she remains an employee employee, director or director consultant of the Company or its Affiliates. Any questions as to whether and when there has been a termination of such employment or service on the Board as a director or consultant and the cause of such termination shall be determined by the Committee, and its determination shall be final. Nothing contained herein shall be construed as conferring upon Optionee the right to continue in the employ of the Company or its Affiliates or to continue service on the Boardas a director or consultant, nor shall anything contained herein be construed or interpreted to limit the "“employment at will" ” relationship between Optionee and the Company or its Affiliates.

No Right to Employment or Directorship. Optionee who is an employee or director shall be considered to be in the employment of the Company or its Affiliates or in service on the Board of Directors so long as he or she remains an employee or director of the Company or its AffiliatesAffiliates or in service on the Board of Directors. Any questions as to whether and when there has been a termination of such employment or service on the Board and the cause of such termination shall be determined by the Committee, and its determination shall be final. Nothing contained herein shall be construed as conferring upon Optionee the right to continue in the employ of the Company or its Affiliates or to continue in service on the BoardBoard of Directors, nor shall anything contained herein be construed or interpreted to limit the "employment at will" relationship between Optionee and the Company or its AffiliatesCompany.