Common use of No Effect on Employment Rights Clause in Contracts

No Effect on Employment Rights. Nothing contained herein will confer upon the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(b), the following conditions shall apply to this Agreement:

Appears in 2 contracts

Samples: Supplemental Retirement Income Agreement (MFS Financial Inc), Executive Deferred Compensation Master Agreement (MFS Financial Inc)

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No Effect on Employment Rights. Nothing contained herein will confer ------------------------------- upon the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(b), the following conditions shall apply to this Agreement:

Appears in 1 contract

Samples: Master Agreement (First Bancorp of Indiana Inc)

No Effect on Employment Rights. Nothing contained herein will confer upon ------------------------------ the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. Section 563.39(b), the following conditions shall apply to this Agreement:

Appears in 1 contract

Samples: Supplemental Retirement Income Agreement (West Essex Bancorp Inc)

No Effect on Employment Rights. Nothing contained herein will confer upon the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive Executive, in accordance with the bylaws of the Bank, without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(b), the following conditions shall apply to this Agreement:

Appears in 1 contract

Samples: Supplemental Retirement Income Agreement (Magyar Bancorp, Inc.)

No Effect on Employment Rights. Nothing contained herein will confer upon the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(b), the following conditions shall apply to this Agreementagreement:

Appears in 1 contract

Samples: Retirement Income Agreement (Marion Capital Holdings Inc)

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No Effect on Employment Rights. Nothing contained herein will confer upon ------------------------------ the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. (S) 563.39(b), the following conditions shall apply to this Agreement:

Appears in 1 contract

Samples: And (First Bancorp of Indiana Inc)

No Effect on Employment Rights. Nothing contained herein will confer upon ------------------------------ the Executive the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Executive without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(b(S)563.39(b), the following conditions shall apply to this Agreement:

Appears in 1 contract

Samples: Supplemental Retirement Income Agreement (West Essex Bancorp Inc)

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