Common use of Rights of Participants Clause in Contracts

Rights of Participants. Except as expressly provided herein, nothing in this Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Executive’s employment at any time (with or without Cause), nor confer upon the Executive any right to continue in the employ of the Company or any Subsidiary for any period of time or to continue his present (or any other) rate of compensation, and, in the event of the Executive’s termination of employment (including, but not limited to, the Executive’s termination of employment by the Company or any Subsidiary without Cause) the Option, if not previously vested and exercisable, will be forfeited. Nothing in this Agreement shall confer upon the Executive any right to be selected again as a Plan participant.

Rights of Participants. Except as expressly provided herein, nothing in this Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Executive’s employment at any time (with or without Cause), nor confer upon the Executive any right to continue in the employ of the Company or any Subsidiary for any period of time or to continue his present (or any other) rate of compensation, and, in the event of the Executive’s termination cessation of employment (including, but not limited to, the Executive’s termination Executive as an employee of employment by the Company or any Subsidiary without Cause) and its Subsidiaries the Option, if not previously vested and exercisable, will be forfeited. Nothing in this Agreement shall confer upon the Executive any right to be selected again as a Plan participant.

Rights of Participants. Except as expressly provided herein, nothing Nothing in this Agreement shall interfere with or limit in any way the right of the Company or any Subsidiary to terminate the Executive’s employment at any time (with or without Cause), nor confer upon the Executive any right to continue in the employ of the Company or any Subsidiary for any period of time or to continue his Executive’s present (or any other) rate of compensation, and, and in the event of the Executive’s termination of employment (including, but not limited to, the Executive’s termination of employment by the Company or any Subsidiary without Cause) any portion of the Option, if Option that was not previously vested and exercisable, will exercisable shall be forfeited. Nothing in this Agreement shall confer upon the Executive any right to be selected again as a Plan participant.in