Common use of No Guarantee of Service Clause in Contracts

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services at any time.

Appears in 27 contracts

Samples: Split Dollar Agreement (Sierra Bancorp), Split Dollar Agreement (CFSB Bancorp, Inc. /MA/), Split Dollar Agreement (CFSB Bancorp, Inc. /MA/)

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No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, nor does it interfere with the shareholders' rights to replace the Director. It also does not require the Director to remain in the service of the Company a Director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 23 contracts

Samples: Incentive Retirement Agreement (Smithtown Bancorp Inc), Incentive Retirement Agreement (Smithtown Bancorp Inc), Director Deferred Fee Agreement (Tib Financial Corp.)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain in the service as a director of the CompanyBank, nor does it interfere with the shareholders’ rights Bank’s right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services service at any time.

Appears in 17 contracts

Samples: Supplemental Director Retirement Agreement (BV Financial, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.), Director Retirement Agreement (Mercer Bancorp, Inc.)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ shareholder's rights to replace discharge the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services at any time.

Appears in 15 contracts

Samples: Oak Valley Community Bank (Oak Valley Bancorp), Retirement Agreement (United Security Bancshares Inc), First United Security Bank Director Retirement Agreement (United Security Bancshares Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders' rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services at any time.

Appears in 15 contracts

Samples: Director Deferred Fee Agreement (Luxemburg Bancshares Inc), Community Bank Director Deferred Fee Agreement (Community Financial Corp /Va/), Fee Agreement (North Valley Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ shareholder’s rights to replace discharge the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services at any time.

Appears in 10 contracts

Samples: First United Security Bank (United Security Bancshares Inc), McIntosh State Bank (McIntosh Bancshares Inc /Ga/), Elgin Financial Savings Bank (Efc Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain in the service as a director of the Company, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services service at any time.

Appears in 9 contracts

Samples: Director Deferred Fee Agreement, Director Revenue Neutral Retirement Agreement (First Community Financial Corp), Director Retirement Agreement (Plumas Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders' rights to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 8 contracts

Samples: Fee Agreement (First Community Financial Corp), Fee Agreement (First Community Financial Corp), Director Deferred Fee Agreement (Mid Penn Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, Company nor does it interfere with the shareholders’ rights right of the Company’s shareholders not to replace re-elect the DirectorDirector or the right of shareholders or the Board to remove an individual as a director of the Company. It The Agreement also does not require the Director to remain in the service of the Company nor a director or interfere with the Director’s right to terminate services service at any time.

Appears in 8 contracts

Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Amended Director Retirement Agreement (Cortland Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, nor does it the Agreement interfere with the shareholders’ rights of the Company's shareholders not to replace re-elect the DirectorDirector or the right of shareholders or the Board to remove an individual as a director of the Company. It The Agreement also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 8 contracts

Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc), Director Retirement Agreement (Cortland Bancorp Inc), Bancorp Director Retirement Agreement (Cortland Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for servicesemployment. It does not give the Director the right to remain in the service as a member of the CompanyBoard, nor does it interfere with the shareholders’ rights Company's right to replace discharge the Director. It also does not require the Director to remain in the service a member of the Company Board nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 7 contracts

Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Retirement Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp)

No Guarantee of Service. This Agreement is not a contract for servicesservice policy or contract. It does not give the Director the right to remain in the service as a member of the Company’s Board, nor does it interfere with the shareholders’ rights Company’s right to replace terminate the Director’s service. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services service at any time.

Appears in 7 contracts

Samples: Director Deferred Fee Agreement (Penns Woods Bancorp Inc), Director Deferred Fee Agreement (Penns Woods Bancorp Inc), Director Deferred Fee Agreement (Penns Woods Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for servicesemployment. It does not give the Director the right to remain in the service as a member of the CompanyBoard, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service a member of the Company Board nor interfere with the Director’s right to terminate services service at any time.

Appears in 6 contracts

Samples: Director Retirement Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp), Director Deferred Fee Agreement (Ohio Valley Banc Corp)

No Guarantee of Service. This Agreement is not a contract for services. It This Agreement does not give the Director the right to remain in the service a director of the Company, Company nor does it this Agreement interfere with the shareholders’ rights right to replace the Director. It This Agreement also does not require the Director to remain in the service of the Company nor a director or interfere with the Director’s right to terminate services at any time.

Appears in 5 contracts

Samples: Elective Income Deferral Agreement (Capital Corp of the West), Elective Income Deferral Agreement (Capital Corp of the West), Elective Income Deferral Agreement (Capital Corp of the West)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain in the service as a director of the Company, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 4 contracts

Samples: Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp), Director Retirement Agreement (Plumas Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services at any time.

Appears in 3 contracts

Samples: Director Retirement Agreement, Director Retirement Agreement (United Security Bancshares Inc), Director Retirement Agreement (United Security Bancshares Inc)

No Guarantee of Service. This Agreement is not a contract for servicesan service policy or contract. It does not give the Director the right to remain in a member of the service Board of the Company, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service a member of the Company Board nor interfere with the Director’s Directors right to terminate services service at any time.

Appears in 3 contracts

Samples: First California Bank (FCB Bancorp), First California Bank (FCB Bancorp), First California Bank (FCB Bancorp)

No Guarantee of Service. This Agreement is not a contract for servicesservice policy or contract. It does not give the Director the right to remain in the service a member of the CompanyBoard of Directors of the Corporation, nor does it interfere with the shareholders’ rights Corporation’s right to replace terminate the Director’s service. It also does not require the Director to remain in the service of the Company a Board member nor interfere with the Director’s right to terminate services service at any time.

Appears in 2 contracts

Samples: Director Retirement Agreement (Esb Financial Corp), Director Retirement Agreement (Esb Financial Corp)

No Guarantee of Service. This Agreement is not a contract for servicesan employment policy or contract. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders’ rights Company's right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 2 contracts

Samples: Stock Appreciation Rights Agreement (Commerce National Corp), Commerce National Corp

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights shareholder's right to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 2 contracts

Samples: Association Split Dollar Agreement (Home Federal Bancorp Inc), Indexed Retirement Agreement (Home Federal Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a member of the Company's Board of Directors, nor does it interfere with the shareholders' rights to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 2 contracts

Samples: Year Agreement (Standard Financial Corp.), Director Agreement (Se Financial Corp)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain in the service as a director of the CompanyCompany and/or the Bank, nor does it interfere with the shareholders’ rights Company and/or the Bank's right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (Sussex Bancorp), Director Deferred Compensation Agreement (Sussex Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders’ rights ' right to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 1 contract

Samples: Fee Agreement (National Penn Bancshares Inc)

No Guarantee of Service. This Agreement is not a contract for servicesservice contract. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders’ rights ' right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 1 contract

Samples: Dollar Agreement (Tib Financial Corp)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain in the service a member of the CompanyBoard, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services service at any time.

Appears in 1 contract

Samples: Director Retirement Agreement (Sierra Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights Company's right to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 1 contract

Samples: Deferred Fee Agreement (Iowa First Bancshares Corp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders’ association members' rights to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 1 contract

Samples: Deferred Incentive Agreement (Home Federal Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights shareholder's right to replace discharge the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services at any time.

Appears in 1 contract

Samples: Agreement (Cooperative Bankshares Inc)

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No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders' rights to replace discharge the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 1 contract

Samples: Community Bank Director Retirement Agreement (Community Financial Corp /Va/)

No Guarantee of Service. This Agreement is not a contract for servicesservice policy or contract. It does not give the Director the right to remain in the service a member of the CompanyBoard of Directors of the Corporation, nor does it interfere with the shareholders’ rights Corporation's right to replace terminate the Director's service. It also does not require the Director to remain in the service of the Company a Board member nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 1 contract

Samples: Retirement Agreement (Esb Financial Corp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, nor does it the Agreement interfere with the shareholders’ rights right of the Company's shareholders not to replace re-elect the DirectorDirector or the right of shareholders or the Board to remove an individual as a director of the Company. It The Agreement also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 1 contract

Samples: Bancorp Director Retirement Agreement (Cortland Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the CompanyCorporation, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a Director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Director Split Dollar Agreement (First Farmers & Merchants Corp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a Director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 1 contract

Samples: Deferred Fee Agreement (Acnb Corp)

No Guarantee of Service. This Agreement is not a contract for servicesservice policy or contract. It does not give the Director the right to remain in a member of the service Board of the Company, nor does it interfere with the shareholders’ rights Company’s right to replace discharge the Director. It also does not require the Director to remain in the service a member of the Company Board nor interfere with the Director’s right to terminate services service at any time.

Appears in 1 contract

Samples: Phantom Stock Agreement (BSB Bancorp, Inc.)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ shareholders rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Lowcountry National Bank (Coastal Banking Co Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Clovis Community Bank (Central Valley Community Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a Director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (First Georgia Community Corp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a Director of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a Director nor interfere with the Director’s right to terminate services at any time. It does not establish a retirement age at the Company other than as provided herein.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Fairfield County Bank Corp.)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a member of the Company’s Board of Directors, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Year Agreement (Standard Financial Corp.)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain in the service as a director of the CompanyCorporation, nor does it interfere with the shareholders’ rights Corporation’s right to replace discharge the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services service at any time.

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (First Farmers & Merchants Corp)

No Guarantee of Service. This Agreement is not a contract for servicesemployment. It does not give the Director the right to remain in the as a director or a service provider of the Company, Bank nor does it interfere with the shareholders’ rights Bank’s right to replace terminate the services of the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate his or her services at any time.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (Alamogordo Financial Corp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service a director of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company a director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Deferred Fee Agreement (Central Valley Community Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the 8 shareholders' rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services at any time.

Appears in 1 contract

Samples: Trust Director Deferred Fee Agreement (Southern Michigan Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for servicesservice as a member of the Company's Board of Directors. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ shareholder's rights to replace discharge the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 1 contract

Samples: Agreement (Plumas Bancorp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders' rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services at any time.. 8

Appears in 1 contract

Samples: Trust Director Deferred Fee Agreement (Southern Michigan Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s 's right to terminate services at any time.

Appears in 1 contract

Samples: Fee Agreement (First Community Bancshares Inc /In)

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