No Guarantee of Continued Service Clause Example from Business Contracts

This example No Guarantee of Continued Service clause appears in 5 contracts from 5 companies

No Guarantee of Continued Service. PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER, WHICH UNLESS PROVIDED OTHERWISE UNDER APPLICABLE LAWS IS AT THE WILL OF THE APPLICABLE SERVICE RECIPIENT AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS OPTION OR ACQUIRING SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS OPTION AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FO...RTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE IN ANY WAY WITH PARTICIPANT'S RIGHT OR THE RIGHT OF ANY SERVICE RECIPIENT TO TERMINATE PARTICIPANT'S RELATIONSHIP AS A SERVICE PROVIDER, SUBJECT TO APPLICABLE LAW, WHICH TERMINATION, UNLESS PROVIDED OTHERWISE UNDER APPLICABLE LAW, MAY BE AT ANY TIME, WITH OR WITHOUT CAUSE. View More Arrow
Found in Rotor Acquisition Corp. contract
Rotor Acquisition Corp. Contracts

SARCOS ROBOTICS AND TECHNOLOGY CORPORATION 2021 EQUITY INCENTIVE PLAN (Filed With SEC on September 30, 2021)

Informatica Inc. Contracts

Informatica Inc. 2021 Equity Incentive Plan and related form agreements (Filed With SEC on October 18, 2021)

Tenon Medical, Inc. Contracts

Tennon Medical 2022 Equity Incentive Plan (Filed With SEC on March 14, 2022)

Brookline Capital Acquisition Corp. Contracts

Apexigen, Inc. 2022 Equity Incentive Plan and forms of agreements thereunder (Filed With SEC on August 4, 2022)

Kensington Capital Acquisition Corp. IV Contracts

Amprius Technologies, Inc. 2022 Equity Incentive Plan and forms of agreements thereunder (Filed With SEC on September 16, 2022)