No Contract. Nothing contained in this Agreement shall confer upon the Optionee any right with respect to, nor limit or affect in any manner the right of the Company to terminate the service of the Optionee on the Board or adjust the compensation of the Optionee.
Appears in 1 contract
Sources: Non Employee Director Stock Option Agreement (Aviall Inc)
No Contract. Nothing contained in this Agreement shall confer upon the Optionee any right with respect toto the continuance of membership on the Board, nor limit or affect in any manner the right of the Board, the Company or its stockholders to terminate the service of remove the Optionee on from the Board or adjust the compensation of the Optionee.
Appears in 1 contract
Sources: Non Qualified Stock Option Agreement (Focal Communications Corp)
No Contract. Nothing contained in this Agreement shall confer upon the Optionee any right with respect toto continuance of membership on the Board, nor limit or affect in any manner the right of the Company to terminate the service of remove the Optionee on from the Board or adjust the compensation of the Optionee.
Appears in 1 contract