Common use of Rights of the Participant Clause in Contracts

Rights of the Participant. Neither this Option, the execution of this Agreement nor the exercise of any portion of this Option shall confer upon the Participant any right to, or guarantee of, continued employment by or service with the Company, or in any way limit the right of the Company to terminate the Continuous Service of the Participant at any time, subject to the terms of the Employment Agreement or any other written employment or similar agreement between or among the Company and the Participant.

Appears in 5 contracts

Samples: Nonstatutory Stock Option Agreement (Woodside Homes, Inc.), Nonstatutory Stock Option Agreement (Woodside Homes, Inc.), Nonstatutory Stock Option Agreement (Woodside Homes, Inc.)

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