Common use of Rights of the Employee Clause in Contracts

Rights of the Employee. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Employee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Employee at any time, subject to the terms of any written employment or similar agreement between the Company and the Employee.

Appears in 6 contracts

Samples: Restricted Stock Unit Agreement (Sirius Satellite Radio Inc), Term Stock Incentive Plan (Sirius Satellite Radio Inc), Stock Option Agreement (Sirius Satellite Radio Inc)

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Rights of the Employee. Neither None of this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Employee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Employee at any time, subject to the terms of any written employment or similar agreement between the Company and the Employee.

Appears in 2 contracts

Samples: Stock Option Agreement, Stock Option Agreement (Sirius Xm Radio Inc.)

Rights of the Employee. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Employee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate employment of the Employee at any time, subject to the terms of the Employment Agreement or any other written employment or similar agreement between the Company and the Employee.

Appears in 2 contracts

Samples: Stock Option Agreement (Sirius Xm Radio Inc.), Stock Option Agreement (Sirius Satellite Radio Inc)

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Rights of the Employee. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option Restricted Stock shall confer upon the Employee any right to, or guarantee of, continued employment by the Company, or in any way limit the right of the Company to terminate the employment of the Employee at any time, subject to the terms of any written employment the Employment Agreement or similar agreement between the Company and the Employee.

Appears in 1 contract

Samples: Stock Option Agreement (Sirius Satellite Radio Inc)

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