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 Participant’s employment at any time (with or without Cause), nor confer upon the Participant 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 cessation of Participant as an employee of the Company and its Subsidiaries, the Option, if not previously vested and exercisable, will be forfeited. Nothing in this Agreement shall confer upon the Participant any right to be selected again as a Plan participant.

Appears in 6 contracts

Samples: Stock Option Agreement (CHG Healthcare Services, Inc.), Stock Option Agreement (CHG Healthcare Services, Inc.), Stock Option Agreement (CHG Healthcare Services, Inc.)

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