Common use of RIGHT TO CONTINUED EMPLOYMENT Clause in Contracts

RIGHT TO CONTINUED EMPLOYMENT. Nothing in the Omnibus Stock Plan or this Agreement shall be construed as a contract of employment between the Company and the Award Recipient, or as a contractual right of the Award Recipient to continue in the employ of the Company or Merc-Safe.

Appears in 4 contracts

Samples: Omnibus Stock Plan (Mercantile Bankshares Corp), Omnibus Stock Plan (Mercantile Bankshares Corp), Omnibus Stock Plan (Mercantile Bankshares Corp)

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RIGHT TO CONTINUED EMPLOYMENT. Nothing in the Omnibus Stock Plan or this Agreement shall be construed as a contract of employment between the Company or any affiliate and the Award Recipient, or as a contractual right of the Award Recipient to continue in the employ of the Company or Merc-Safeany affiliate.

Appears in 2 contracts

Samples: Omnibus Stock Plan (Mercantile Bankshares Corp), Omnibus Stock Plan (Mercantile Bankshares Corp)

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RIGHT TO CONTINUED EMPLOYMENT. Nothing in the Omnibus Stock Plan or this Agreement shall be construed as a contract of employment between the Company and the Award Recipient, or as a contractual right of the Award Recipient to continue in the employ of the Company or Merc-Safeany affiliate.

Appears in 1 contract

Samples: Omnibus Stock Plan (Mercantile Bankshares Corp)

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