Services as a Director. Optionee acknowledges and agrees that the vesting of this Option is earned only by his or her continuing services as a director of the Company (not through the act of being appointed as a director, being granted this Option or acquiring shares hereunder). Optionee further acknowledges and agrees that nothing in this Agreement, nor in the Plan which is incorporated herein by reference, shall confer upon Optionee any right with respect to continuation of his or her services as a director, nor shall it interfere in any way with the right to terminate his or her services as a director of the Company at any time, with or without cause.
Appears in 4 contracts
Samples: Director Stock Option Grant Notice and Option Agreement (PNK Entertainment, Inc.), Director Stock Option Agreement (Kinsale Capital Group, Inc.), Director Stock Option Grant Notice and Option Agreement (Pinnacle Entertainment Inc.)
