Common use of Non-Guarantee of Employment or Service Relationship Clause in Contracts

Non-Guarantee of Employment or Service Relationship. Nothing in the Plan or this Agreement shall alter the at-will or other employment status or other service relationship of the Optionee, nor be construed as a contract of employment or service relationship between the Company and the Optionee, or as a contractual right of Optionee to continue in the employ of, or in a service relationship with, the Company for any period of time, or as a limitation of the right of the Company to discharge the Optionee at any time with or without cause or notice and whether or not such discharge results in the failure of any Options to vest or any other adverse effect on the Optionee’s interests under the Plan.

Appears in 9 contracts

Samples: Nonstatutory Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Stock Option Grant Agreement (Telecommunication Systems Inc /Fa/), Employment Agreement (Sourcefire Inc)

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Non-Guarantee of Employment or Service Relationship. Nothing in the Plan or this Agreement shall will alter the at-will or other employment status or other service relationship of the OptioneeOptionee with the Company, nor be construed as a contract of employment or service relationship between the Company Optionee and the OptioneeCompany, or as a contractual right of Optionee to continue in the employ of, or in a service relationship with, the Company for any period of time, or as a limitation of the right of the Company to discharge the Optionee at any time with or without cause Cause or notice and whether or not such discharge results in the failure of any of the Options to vest become exercisable or any other adverse effect on the Optionee’s interests under the Planthis Agreement.

Appears in 2 contracts

Samples: Nonqualified Stock Option Agreement (Laureate Education, Inc.), Nonqualified Stock Option Agreement (Electric Aquagenics Unlimited Inc)

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Non-Guarantee of Employment or Service Relationship. Nothing in the Plan or this Agreement shall will alter the at-will or other employment status or other service relationship of the OptioneeOptionee with the Company, nor be construed as a contract of employment or service relationship between the Company Optionee and the OptioneeCompany, or as a contractual right of Optionee to continue in the employ of, or in a service relationship with, the Company for any period of time, or as a limitation of the right of the Company to discharge the Optionee at any time with or without cause Cause or notice and whether or not such discharge results in the failure of any of the Options to vest become exercisable or any other adverse effect on the Optionee’s interests under the Plan.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Laureate Education, Inc.)

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