Common use of Rights of Participants Clause in Contracts

Rights of Participants. Nothing in this Agreement shall interfere ------------------------ with or limit in any way the right of the Company to terminate your employment at any time (with or without Cause), nor confer upon you any right to continue in the employ of the Company or its subsidiaries for any period of time or to continue your present (or any other) rate of compensation. Nothing in this Agreement shall confer upon you any right to be selected again as a Plan participant, and nothing in the Plan or this Agreement shall provide for any adjustment to the number of Option Shares subject to your Option upon the occurrence of subsequent events except as provided in paragraph 11 below.

Appears in 3 contracts

Samples: Nonqualified Stock Option Agreement (Aircraft Service International Group Inc), Ranger Aerospace (Aircraft Service International Group Inc), Nonqualified Stock Option Agreement (Aircraft Service International Group Inc)

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Rights of Participants. Nothing in this Agreement shall interfere ------------------------ with or limit in any way the right of the Company to terminate your employment at any time (with or without Cause), nor confer upon you any right to continue in the employ of the Company or its subsidiaries for any period of time or to continue your present (or any other) rate of compensation, and in the event of your termination of employment (including, but not limited to, termination by the Company without Cause) any portion of your Option that was not previously vested and exercisable shall be forfeited. Nothing in this Agreement shall confer upon you any right to be selected again as a Plan participant, and nothing in the Plan or this Agreement shall provide for any adjustment to the number of Option Shares subject to your Option upon the occurrence of subsequent events except as provided in paragraph 11 below.

Appears in 1 contract

Samples: Northland Cranberries Inc /Wi/

Rights of Participants. Nothing in this Agreement shall ---------------------- interfere ------------------------ with or limit in any way the right of the Company to terminate your employment at any time (with or without Cause), nor confer upon you any right to continue in the employ of the Company or its subsidiaries for any period of time or to continue your present (or any other) rate of compensation, and in the event of your termination of employment (including, but not limited to, termination by the Company without Cause) any portion of your Option that was not previously vested and exercisable shall be forfeited. Nothing in this Agreement shall confer upon you any right to be selected again as a Plan participant, and nothing in the Plan or this Agreement shall provide for any adjustment to the number of Option Shares subject to your Option upon the occurrence of subsequent events except as provided in paragraph 11 below.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (Wec Co)

Rights of Participants. Nothing in this thus Agreement shall interfere ------------------------ with or limit in any way the right of the Company to terminate your employment at any time (with or without Cause), nor confer upon you any right to continue in the employ of the Company or its subsidiaries for any period of time or to continue your present (or any other) rate of compensation, and in the event of your termination of employment (including, but not limited to, termination by the Company without Cause) any portion of your Restricted Shares that were not previously vested shall be forfeited. Nothing in this Agreement shall confer upon you any right to be selected again as a Plan participant, and nothing in the Plan or this Agreement shall provide for any adjustment to the number of Option Restricted Shares subject to your Option upon the occurrence of subsequent events events, except as provided in paragraph 11 8 below.

Appears in 1 contract

Samples: Restricted Stock Purchase Agreement (Ruths Chris Steak House, Inc.)

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Rights of Participants. Nothing in this Agreement shall interfere ------------------------ with or limit in any way the right of the Company to terminate your employment service at any time (with or without Cause), nor confer upon you any right to continue in the employ service of the Company or its subsidiaries for any period of time or to continue your present (or any other) rate of compensation, and in the event of your termination of service (including, but not limited to, termination by the Company without Cause) any portion of your Option that was not previously vested and exercisable shall be forfeited. Nothing in this Agreement shall confer upon you any right to be selected again as a Plan participant, and nothing in the Plan or this Agreement shall provide for any adjustment to the number of Option Shares subject to your Option upon the occurrence of subsequent events except as provided in paragraph 11 below.

Appears in 1 contract

Samples: Soundbite Communications Inc

Rights of Participants. Nothing in this Agreement shall interfere ------------------------ with or limit in any way the right of the Company to terminate your employment at any time (with or without Cause), nor confer upon you any right to continue in the employ of the Company or its subsidiaries for any period of time or to continue your present (or any other) rate of compensation, and in the event of your termination of employment (including, but not limited to, termination by the Company without Cause), any portion of your Option that was not previously vested and exercisable shall expire and be forfeited. Nothing in this Agreement shall confer upon you any right to be selected again as a Plan participant, and nothing in the Plan or this Agreement shall provide for any adjustment to the number of Option Shares subject to your Option upon the occurrence of subsequent events except as provided in paragraph 11 Section 12 below.

Appears in 1 contract

Samples: Nonqualified Stock Option Agreement (EveryWare Global, Inc.)

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