Agreement Not an Employment Contract Sample Clauses

Agreement Not an Employment Contract. This Agreement shall not be deemed to constitute or be deemed ancillary to an employment contract between the Company and the Executive, and nothing herein shall be deemed to give the Executive the right to continue in the employ of the Company or to eliminate the right of the Company to discharge the Executive at any time.
AutoNDA by SimpleDocs
Agreement Not an Employment Contract. This Agreement is not an employment or service contract, and nothing in this Agreement or in the granting of the Options shall be deemed to create in any way whatsoever any obligation on Participant’s part to continue as an Employee of Company or any Subsidiary or on the part of Company or any Subsidiary to continue Participant’s employment or service as an Employee.
Agreement Not an Employment Contract. This Agreement is not an employment contract between the Company and Executive and gives Executive no right to retain his employment. This Agreement is not intended to interfere with the rights of the Company to terminate the Executive’s employment at any time with or without notice and with or without cause or to interfere with the Executive’s right to terminate his employment at any time.
Agreement Not an Employment Contract. This Agreement is not an employment contract between the Company and Executive and gives Executive no right to retain his employment. This Agreement is not intended to interfere with the rights of the Company to terminate the Executive’s employment at any time with or without notice and with or without cause or to interfere with the Executive’s right to terminate his employment at any time. In the event that a third party begins a tender or exchange offer, initiates a proxy contest or takes other steps to effect a Change in Control of the Company, the Executive agrees that the Executive will not voluntarily leave the employ of the Company and will perform the services of the Executive’s office until the third party has abandoned or terminated efforts to effect a Change in Control or until a Change in Control has occurred. In the event such Change in Control is supported and endorsed by the Board, the Executive agrees to assist, for a period of ninety (90) days from the date of Change in Control, in the orderly transition of management of the Company, provided the Company shall pay any reasonable expenses the Executive incurs in connection with such assistance. If the Executive’s employment with the Company should terminate for any reason prior to the occurrence of the Change in Control events described herein, this Agreement shall terminate and the Company will have no further obligation to the Executive hereunder.
Agreement Not an Employment Contract. This Agreement is not a contract between the Company and you that gives you the right to be retained in the employment of the Company. Likewise, this Agreement is not intended to interfere with the rights of the Company to terminate your employment at any time and with or without cause or to interfere with your right to terminate your employment at any time.
Agreement Not an Employment Contract. This Agreement shall not be deemed to constitute an employment contract between the Company and the Key Employee, and nothing herein shall be deemed to give the Key Employee the right to continue in the employ of the Company or interfere with the right of the Company to discharge the Key Employee at any time.
Agreement Not an Employment Contract. This Agreement is not a contract between the Company and you that gives you the right to be retained in the employment of the Company. Likewise, this Agreement is not intended to interfere with the rights of the Company to terminate your employment at any time and with or without cause or to interfere with your right to terminate your employment at any time. For the avoidance of doubt, however, should the Company initiate the termination of your employment other than for Cause (as defined in the 2002 D&O Plan) at any time prior to the Anticipated Retirement Date, then such termination shall be treated as a “retirement” for purposes of your receipt of all payments and benefits provided for in this Agreement or which are modified by this Agreement as to “retirement” eligibility. For the avoidance of doubt, payments and benefits not otherwise affected by this Agreement (such as retiree health and life benefits) shall be subject to their applicable terms and conditions.
AutoNDA by SimpleDocs
Agreement Not an Employment Contract. This Agreement is not a contract between the Company and you that gives you the right to be retained in the employment of the Company. Likewise, this Agreement is not intended to interfere with the rights of the Company to terminate your employment at any time and with or without cause or to interfere with your right to terminate your employment at any time. For the avoidance of doubt, however, should the Company initiate the termination of your employment other than for Cause (as defined in the 2002 D&O Plan), including as a result of your death or Disability (as defined in the 2002 D&O Plan), at any time prior to the Anticipated Retirement Date, then such termination shall be treated as a “retirement” for purposes of your right to receive all payments and benefits provided for in this Agreement. For the avoidance of doubt, payments and benefits not otherwise affected by this Agreement (such as retiree health and life benefits) shall be subject to their applicable terms and conditions.
Agreement Not an Employment Contract. Employee acknowledges that this Agreement does not constitute a contract of employment, does not imply that OvaScience will continue his/her employment for any period of time, and does not change the at-will nature of his/her employment.
Agreement Not an Employment Contract. ITEX employment of Executive is on an “at will” basis and nothing in this Agreement shall be interpreted or construed as a promise or contract of employment for a particular term or period. ITEX may terminate Executive’s employment at any time with or without cause and without notice. Executive may terminate his employment at any time with Good Reason or without Good Reason.
Time is Money Join Law Insider Premium to draft better contracts faster.