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OMI » Topics » 13.02. E FFECT ON E MPLOYMENT OR S ERVICE .

This excerpt taken from the OMI DEF 14A filed Mar 14, 2005.

13.02.    EFFECT ON EMPLOYMENT OR SERVICE.

 

Neither the adoption of this Plan, its operation, nor any documents describing or referring to this Plan (or any part thereof) shall confer upon any individual any right to continue in the employ or service of the Company or a Related Entity or in any way affect any right and power of the Company or a Related Entity to terminate the employment or service of any individual at any time with or without assigning a reason therefor.

 

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