No Employment or Other Rights Clause Example from Business Contracts

This example No Employment or Other Rights clause appears in 2 contracts from 1 company

No Employment or Other Rights. The grant of the Option shall not confer upon the Grantee any right to be retained by or in the employ of any Employer and shall not interfere in any way with the right of any Employer to terminate the Grantee's employment at any time. The right of any Employer to terminate at will the Grantee's employment at any time for any reason is specifically reserved.