Common use of No Rights to Continued Service Clause in Contracts

No Rights to Continued Service. Nothing in this Agreement shall confer upon any Participant any right to continue in the employ of the Company or any other entity, or to serve as a director or consultant thereof, or interfere in any way with the right of the Company or other entity to terminate his or her employment or relationship at any time, which employment or service can be terminated at will at any time The Participant further acknowledges and agrees that the transactions contemplated hereunder and the vesting schedule set forth on Schedule I to this Agreement do not constitute an express or implied promise of continued engagement as an employee or consultant for the vesting period, for any period, or at all.

Appears in 9 contracts

Samples: Stock Option Award Agreement (Next Fuel, Inc.), Stock Option Award Agreement (Next Fuel, Inc.), Stock Option Award Agreement (Next Fuel, Inc.)

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