No Obligation to Maintain Relationship Contract Clauses (89)

Grouped Into 3 Collections of Similar Clauses From Business Contracts

This page contains No Obligation to Maintain Relationship clauses in business contracts and legal agreements. We have organized these clauses into groups of similarly worded clauses.
No Obligation to Maintain Relationship. The Participant acknowledges that: (i) the Company is not by the Plan or this Option obligated to continue the Participant as an Employee, director or Consultant of the Company or an Affiliate; (ii) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (iii) the grant of this Option is a one-time benefit which does not create any contractual or other right to receive future grants of options, or benefits in lieu of options; (iv) all determinations wit...h respect to future grants, if any, will be at the sole discretion of the Company; (v) the Participant's participation in the Plan is voluntary; (vi) the value of this Option is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (vii) this Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in INTERCEPT PHARMACEUTICALS, INC. contract
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No Obligation to Maintain Relationship. The Participant acknowledges that: (i) the Company is not by the Plan or this Option Agreement obligated to continue the Participant as an Employee, director employee or Consultant consultant of the Company or an Affiliate; (ii) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (iii) the grant of this the Option is a one-time benefit which does not create any contractual or other right to receive future grants of options, or benefits in lieu of op...tions; (iv) all determinations with respect to any such future grants, if any, including, but not limited to, the times when options shall be granted, the number of shares subject to each option, the option price, and the time or times when each option shall be exercisable, will be at the sole discretion of the Company; (v) the Participant's participation in the Plan is voluntary; (vi) the value of this the Option is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (vii) this the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in Spero Therapeutics, Inc. contract
No Obligation to Maintain Relationship. The Participant acknowledges that: (i) the Company is not by the Plan or this Option Award obligated to continue the Participant as an Employee, director or Consultant of the Company or an Affiliate; (ii) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (iii) the grant of this Option Award is a one-time benefit which does not create any contractual or other right to receive future grants of options, awards, or benefits in lieu of options; awards;... (iv) all determinations with respect to future grants, if any, will be at the sole discretion of the Company; (v) the Participant's participation in the Plan is voluntary; (vi) the value of this Option Award is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (vii) this Option Award is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in INTERCEPT PHARMACEUTICALS, INC. contract
No Obligation to Maintain Relationship. The Participant acknowledges that: (i) the Company is not by the Plan or this Option Agreement obligated to continue the Participant as an Employee, director or Consultant of the Company or an Affiliate; (ii) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (iii) the grant of this Option the Granted Shares is a one-time benefit which does not create any contractual or other right to receive future grants of options, Shares, or benefits in lieu of... options; Shares; (iv) all determinations with respect to any such future grants, if any, including, but not limited to, the times when Shares shall be granted, the number of Shares to be granted, the purchase price, and the time or times when each Share shall be free from a lapsing repurchase or forfeiture right, will be at the sole discretion of the Company; (v) the Participant's participation in the Plan is voluntary; (vi) the value of this Option the Granted Shares is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (vii) this Option is the Granted Shares are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in Inhibrx, Inc. contract
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No Obligation to Maintain Relationship. The Company is not by the Plan or this Award obligated to continue the Participant as an Employee, director or Consultant of the Company or an Affiliate. The Participant acknowledges: (a) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) that the grant of the Restricted Stock Units is a one-time benefit which does not create any contractual or other right to receive future grants of restricted stock units, or benefits in lieu of restricte...d stock units; (c) that all determinations with respect to any such future grants, including, but not limited to, the times when restricted stock units shall be granted, the number of shares subject to restricted stock unit award, and the vesting terms, will be at the sole discretion of the Company; (d) that the Participant's participation in the Plan is voluntary; (e) that the value of the Restricted Stock Units is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (f) that the Restricted Stock Units are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in IRONWOOD PHARMACEUTICALS INC contract
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No Obligation to Maintain Relationship. The Participant acknowledges that: (i) the Company is not obligated by the Plan or this Restricted Stock Unit Award obligated to continue the Participant as an Employee, director Non-Employee Director, consultant or Consultant advisor of the Company or an Affiliate. The Participant acknowledges: (a) that Affiliate; (ii) the Plan is discretionary in nature and may be modified, suspended or terminated by the Company at any time; (b) that (iii) the grant of the this Restricted Stock Units Unit Awar...d is a one-time benefit which that does not create any contractual or other right to receive future grants of restricted stock units, equity, or benefits in lieu of restricted stock units; (c) that thereof; (iv) all determinations with respect to any such future grants, including, but not limited to, the times when restricted stock units unit awards shall be granted, the number of shares subject to each restricted stock unit award, and the vesting terms, time or times Revision Date: January 2020 Page 2 Exhibit 10.17 when each restricted stock unit award shall vest, will be at the sole discretion of the Company; (d) that (v) the Participant's participation in the Plan is voluntary; (e) that (vi) the value of the this Restricted Stock Units Unit Award is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (f) that the (vii) this Restricted Stock Units are Unit Award is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in Vertex Pharmaceuticals Inc contract
No Obligation to Maintain Relationship. The Company is not by the Plan or this Award Agreement obligated to continue the Participant as an Employee, employee, director or Consultant consultant of the Company or an Affiliate. The Participant acknowledges: (a) (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (b) (ii) that the grant of the Restricted Stock Units RSUs is a one-time benefit which does not create any contractual or other right to receive future grants of restricted ...stock units, RSUs, or benefits in lieu of restricted stock units; (c) RSUs; (iii) that all determinations with respect to any such future grants, including, but not limited to, the times when restricted stock units shall be granted, the number of shares subject to each restricted stock unit award, and the vesting terms, time or times when each restricted stock unit vests and settles, will be at the sole discretion of the Company; (d) (iv) that the Participant's participation in the Plan is voluntary; (e) and (v) that the value of the Restricted Stock Units is an extraordinary item of compensation which is outside the scope of the Participant's employment or consulting contract, if any; and (f) that the Restricted Stock Units RSUs are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. View More Arrow
Found in American Well Corp contract
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No Obligation to Maintain Relationship. The Company is not by the Plan or this Agreement obligated to continue the Participant as an employee, director or consultant of the Company or an Affiliate. The Participant acknowledges: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that the grant of the Shares is a one-time benefit which does not create any contractual or other right to receive future grants of shares, or benefits in lieu of shares; (iii) that all determination...s with respect to any such future grants, including, but not limited to, the times when shares shall be granted, the number of shares to be granted, the purchase price, and the time or times when each share shall be free from a lapsing repurchase right, will be at the sole discretion of the Company; (iv) that the Participant's participation in the Plan is voluntary; and (v) that the Shares are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. -4- 10. Notices. Any notices required or permitted by the terms of this Agreement or the Plan shall be given by recognized courier service, facsimile, registered or certified mail, return receipt requested, addressed as follows: If to the Company: Majesco Entertainment Company 404I-T Hadley Road S. Plainfield, New Jersey 07080 If to the Participant: or to such other address or addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given on the earliest of receipt, one business day following delivery by the sender to a recognized courier service, or three business days following mailing by registered or certified mail. View More Arrow
Found in POLARITYTE, INC. contract
No Obligation to Maintain Relationship. The Company is not by the Plan or this Agreement Option obligated to continue the Participant as an employee, Employee or director of, or consultant of Consultant to, the Company or an Affiliate. The Participant acknowledges: (i) that the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that the grant of the Shares Option is a one-time benefit which does not create any contractual or other right to receive future grants of shares, options, or be...nefits in lieu of shares; options; (iii) that all determinations with respect to any such future grants, including, but not limited to, the times when shares options shall be granted, the number of shares subject to be granted, each option, the purchase option price, and the time or times when each share option shall be free from a lapsing repurchase right, exercisable, will be at the sole discretion of the Company; (iv) that the Participant's participation in the Plan is voluntary; and (v) that the Shares are value of the Option is an extraordinary item of compensation which is outside the scope of the Participant's employment contract, if any; and (vi) that the Option is not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. -4- 10. Notices. 6 14. NOTICES. Any notices to the Company required or permitted by the terms of this Option Agreement or the Plan shall be given by recognized courier service, facsimile, registered or certified mail, return receipt requested, addressed as follows: If to the Company: Majesco Entertainment Company 404I-T Hadley Road S. Plainfield, New Jersey 07080 If to the Participant: ImmunoGen, Inc. Attn: Finance 830 Winter Street Waltham, MA 02451 or to such other address or addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given on upon the earliest earlier of receipt, one business day following delivery by the sender to a recognized courier service, service or three business days following mailing by registered or certified mail. View More Arrow
Found in IMMUNOGEN INC contract
No Obligation to Maintain Relationship. The Participant acknowledges that: (i) the Company is not by the Plan Plan, this Award or this Agreement obligated to continue the Participant as an employee, Employee, director or consultant Consultant of the Company or an Affiliate. The Participant acknowledges: (i) that Affiliate; (ii) the Plan is discretionary in nature and may be suspended or terminated by the Company at any time; (ii) that (iii) the grant of the Shares this Award is a one-time benefit which does not create any contractual ...or other right to receive future grants of shares, any other award under the Plan, or benefits in lieu of shares; (iii) that all determinations with respect to awards or any such other benefits in the future; (iv) the Participant's participation in the Plan is voluntary and future grants, including, but not limited to, the times when shares shall be granted, the number of shares to be granted, the purchase price, and the time or times when each share shall be free from a lapsing repurchase right, awards, if any, will be at the sole discretion of the Company; (iv) that Company, including, but not limited to, the timing of any grant, the amount of any award, vesting provisions and purchase price, if any; (vi) the value of this Award is an extraordinary item of compensation which is outside the scope of the Participant's participation in employment contract, if any; and (vii) the Plan Award is voluntary; and (v) that the Shares are not part of normal or expected compensation for purposes of calculating any severance, resignation, redundancy, end of service payments, bonuses, long-service awards, pension or retirement benefits or similar payments. -4- 5 10. Notices. Any notices required or permitted by the terms of this Agreement or the Plan shall be given by recognized courier service, facsimile, registered or certified mail, return receipt requested, addressed as follows: If to the Company: Majesco Entertainment Company 404I-T Hadley Road S. Plainfield, New Jersey 07080 Amedica Corporation 1885 W 2100 South Attn: Chief Legal Officer Salt Lake City, UT 84119 If to the Participant: To the address set forth in the Company's records. or to such other address or addresses of which notice in the same manner has previously been given. Any such notice shall be deemed to have been given on the earliest of receipt, one business day following delivery by the sender to a recognized courier service, or three business days following mailing by registered or certified mail. View More Arrow
Found in Sintx Technologies, Inc. contract
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