Common use of Voluntary Award Clause in Contracts

Voluntary Award. The Optionee acknowledges and agrees that the Option granted hereunder is granted on a voluntary basis and without creating legal rights on the part of the Optionee for the future.

Voluntary Award. The Optionee acknowledges and agrees that the Option --------------- granted hereunder is granted on a voluntary basis and without creating legal rights on the part of the Optionee for the future.