Common use of Continuance of Service Clause in Contracts

Continuance of Service. The granting of the Option is in consideration of the Optionee’s continuing service to the Company; provided, however, nothing in this Agreement shall confer upon the Optionee the right to continue in the service of the Company or any subsidiary.

Appears in 2 contracts

Sources: Stock Option Agreement (Savient Pharmaceuticals Inc), Non Qualified Stock Option Agreement (Savient Pharmaceuticals Inc)