Common use of Optionee Representation; Not a Contract of Service Clause in Contracts

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the Board.

Appears in 6 contracts

Sources: Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC), Stock Option Agreement (Ortho Clinical Diagnostics Holdings PLC), Option Agreement (Clarivate Analytics PLC)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiariesSubsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider Provider, or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiariesSubsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause Cause, except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the Board.

Appears in 5 contracts

Sources: Employment Agreement (NBTY Florida, Inc.), Employment Agreement (NBTY Florida, Inc.), Stock Option Agreement (Solgar)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiariesSubsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiariesSubsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the Board.

Appears in 4 contracts

Sources: Stock Option Agreement (Syniverse Holdings Inc), Stock Option Agreement (Rapid Roaming Co), Stock Option Agreement (Allison Transmission Holdings Inc)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the Board.

Appears in 2 contracts

Sources: Stock Option Agreement (Lulu's Fashion Lounge Holdings, Inc.), Stock Option Agreement (Axalta Coating Systems Ltd.)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the BoardEmployment Agreement.

Appears in 1 contract

Sources: Stock Option Agreement (PPD, Inc.)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiariesSubsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider Provider, or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiariesSubsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause Cause, except pursuant to an the extent expressly provided otherwise in a written employment or consulting other agreement executed by and between the Company and the Optionee and approved by the BoardCompany or any of its Subsidiaries.

Appears in 1 contract

Sources: Stock Option Agreement (Booz Allen Hamilton Holding Corp)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiariesSubsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiariesSubsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause Cause, except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the Boardextent expressly provided otherwise in writing.

Appears in 1 contract

Sources: Stock Option Agreement (Allison Transmission Holdings Inc)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s execution of this Agreement and participation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiariesSubsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider an Officer of the Company, or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiariesSubsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with or without Cause Cause, except pursuant to an the extent expressly provided otherwise in a written employment or consulting other agreement executed by and between the Company Officer and the Optionee and approved by the BoardCompany or any of its Subsidiaries.

Appears in 1 contract

Sources: Rollover Stock Option Agreement (Booz Allen Hamilton Holding Corp)

Optionee Representation; Not a Contract of Service. The Optionee hereby represents that the Optionee’s ' s execution of this Agreement and participation pa11icipation in the Plan is voluntary and that the Optionee has in no way been induced to enter into this Agreement in exchange for or as a requirement of the expectation of service with the Company or any of its parents and subsidiariesSubsidiaries. Nothing in this Agreement or in the Plan shall confer upon the Optionee any right to continue as a Service Provider or shall interfere with or restrict in any way the rights of the Company or its parents and subsidiariesSubsidiaries, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoeverwhatsoever , with or without Cause except pursuant to an employment or consulting agreement executed by and between the Company and the Optionee and approved by the Board.

Appears in 1 contract

Sources: Stock Option Agreement (Syniverse Holdings Inc)