Common use of No Special Employment Rights Clause in Contracts

No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Optionee for the period within which this Option may be exercised. However, during the period of the Optionee's employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board or by the executive officers of the Company and shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 34 contracts

Samples: Green Mountain (Green Mountain Coffee Inc), Stock Option Agreement (Green Mountain Coffee Inc), Stock Option Agreement (Green Mountain Coffee Inc)

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No Special Employment Rights. Nothing contained in the Plan or this Agreement Option shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Optionee for the period within which this Option may be exercised. However, during the period of the Optionee's employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 9 contracts

Samples: Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc), Stock Option Agreement (Life Medical Sciences Inc)

No Special Employment Rights. Nothing contained in the Plan or this Option Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment services of the Optionee for the period within which this Option the Options may be exercised. However, during the period of in which the Optionee's employmentOptionee is rendering services, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee him or her from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 6 contracts

Samples: Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc), Incentive Stock Option Agreement (Universal Stainless & Alloy Products Inc), Non Statutory Stock Option Agreement (Universal Stainless & Alloy Products Inc)

No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Optionee for the period within which this Option may be exercised. However, during the period of the Optionee's employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board of Directors or by the executive officers of the Company and Company, provided that such services are consistent with the services usually required to be performed by the Optionee. The Optionee shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 3 contracts

Samples: Stock Option Agreement (Cisco Systems Inc), Stock Option Agreement Non Qualified Stock Option (Cisco Systems Inc), Corporation Stock Option Agreement Incentive Stock Option (Cisco Systems Inc)

No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to top continue the employment of the Optionee for the period within which this Option may shall be exercised. However, during the period of the Optionee's employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which which, directly or indirectly indirectly, would be inconsistent with the best interests of the Company.

Appears in 1 contract

Samples: Incentive Stock Option Agreement (Vastera Inc)

No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Optionee for the period within which this Option may be exercised. However, during the period of the Optionee's employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board of Directors or by the executive officers of the Company company and shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Life Medical Sciences Inc)

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No Special Employment Rights. Nothing contained in the Plan or this Agreement option shall be construed or deemed by any person under any circumstances to bind the Company to provide or continue the any employment of the Optionee for the period within which this Option option may be exercisedexercised or otherwise. However, during the period of the Optionee's employmentservice to the Company, the Optionee shall render diligently and faithfully the services which are assigned agreed to the Optionee from time to time by the Board or by the executive officers of the Company be provided and shall at no time not take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 1 contract

Samples: Non Statutory Stock Option Agreement (Global E Tutor Inc)

No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Optionee as an employee for the period within which this Option may be exercised. However, during the period of the Optionee's ’s employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board of Directors or by the executive officers of the Company or any of its Subsidiaries or Affiliates and shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Radvision LTD)

No Special Employment Rights. Nothing contained in the Plan or this Agreement shall be construed or deemed by any person under any circumstances to bind the Company to continue the employment of the Optionee for the period within which this Option may be exercised. However, during the period of the Optionee's employment, the Optionee shall render diligently and faithfully the services which are assigned to the Optionee from time to time by the Board of Directors or by the executive officers of the Company and shall at no time take any action which directly or indirectly would be inconsistent with the best interests of the Company.

Appears in 1 contract

Samples: Stock Option Agreement (Life Medical Sciences Inc)

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