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 a Director of the Bank nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement also does not require the Director to remain a director or interfere with the Director’s right to terminate service at any time.

Appears in 9 contracts

Samples: Director Retirement Agreement, Director Retirement Agreement (Carolina Bank Holdings Inc), Director Retirement Agreement (Carolina Bank Holdings 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 a Director of the Bank Bank, nor does it the Agreement interfere with the right of the Board not to nominate the Director for reelection to the Board, the right rights of the Bank’s stockholder 's shareholders not to re-elect the Director, Director or the right of the stockholder shareholders or the Board to remove an individual as a director of the Bank. The Agreement also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate service services at any time.

Appears in 8 contracts

Samples: Compensation and Income Continuation Agreement (Citizens South Banking Corp), Continuation Agreement (Citizens South Banking Corp), Retirement Agreement (Citizens South Banking Corp)

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

Appears in 7 contracts

Samples: Deferred Fee Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc), Compensation Agreement (Greene County Bancshares Inc)

No Guarantee of Service. This Agreement is not a an employment policy or contract for services. It does not give the Director the right to remain a Director director of the Bank Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s right to terminate service at any time.

Appears in 6 contracts

Samples: Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc), Director Retirement Plan Agreement (Malvern Federal Bancorp Inc)

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 a Director director of the Bank Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s right to terminate service at any time.

Appears in 6 contracts

Samples: Split Dollar Life Insurance Agreement (Investors Bancorp Inc), Split Dollar Life Insurance Agreement (Investors Bancorp Inc), Split Dollar Life Insurance Agreement (Investors Bancorp Inc)

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

Appears in 6 contracts

Samples: Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington CORP), Income Deferral Agreement (Bank of Wilmington 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 a Director director of the Bank nor does it this Agreement interfere with the right of the Board not shareholders’ rights to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect replace the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The This Agreement also does not require the Director to remain a director or interfere with the Director’s right to terminate service services at any time.

Appears in 5 contracts

Samples: Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Cape Fear Bank CORP), Income Deferral Agreement (Cape Fear Bank CORP)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain a Director member of the Bank Board, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement also It does not require the Director to remain a director or Director nor interfere with the Director’s right to terminate service at any time.

Appears in 4 contracts

Samples: Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.), Continuation Plan Agreement (Rhinebeck Bancorp, Inc.)

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

Appears in 4 contracts

Samples: Middlefield Banking Company (Middlefield Banc Corp), Retirement Agreement (Middlefield Banc Corp), Retirement Agreement (Middlefield Banc Corp)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain a Director director of the Bank Bank, nor does it interfere with the Bank's or Bank shareholder(s)' right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate separate from service at any time.

Appears in 3 contracts

Samples: Director Deferred Fee Agreement (Home Federal Bancorp), Director Deferred Fee Agreement (Home Federal Bancorp), Director Deferred Fee Agreement (Home Federal Bancorp)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain a Director member of the Bank Board, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement also It does not require the Director to remain a director or nor interfere with the Director’s right to terminate service at any time.

Appears in 3 contracts

Samples: Director Retirement Agreement (Berkshire Hills Bancorp Inc), Director Retirement Agreement (Berkshire Hills Bancorp Inc), Director Retirement Agreement (Berkshire Hills Bancorp Inc)

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

Appears in 3 contracts

Samples: Director Retirement Agreement (American River Bankshares), Director Retirement Agreement (American River Bankshares), American River Bankshares

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain as a Director director of the Bank Bank, nor does it interfere with the Bank's right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate service at any time.

Appears in 3 contracts

Samples: Director Retirement Agreement (Mercer Bancorp, Inc.), Director Deferred Fee Agreement (Madison County Financial, Inc.), Home Federal Bancorp, Inc.

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 a Director member of the Bank Board of Directors of the Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect terminate the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank’s service. The Agreement It also does not require the Director to remain a director or Board member nor interfere with the Director’s right to terminate 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 services. It does not give the Director the right to remain a Director of the Bank nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or Director nor interfere with the Director’s right to terminate service services at any time.

Appears in 2 contracts

Samples: Director Deferred Fee Agreement (SI Financial Group, Inc.), Savings Institute (SI Financial Group, Inc.)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain a Director an employee of the Bank Bank, nor does it interfere with the shareholder’s right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or in the service of the Bank nor interfere with the Director’s right to terminate service at any time.

Appears in 2 contracts

Samples: Supplemental Director Retirement Agreement (BCSB Bancorp Inc.), Supplemental Director Retirement Agreement (BCSB Bancorp Inc.)

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

Appears in 2 contracts

Samples: Director Deferred Fee Agreement (Riverview Financial Corp), Director Deferred Fee Agreement (First Perry Bancorp, Inc)

No Guarantee of Service. This Agreement is not a an employment policy or contract for services. It does not give the Director the right to remain a Director director of the Bank Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not members’ right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s right to terminate service at any time.

Appears in 1 contract

Samples: Retirement Plan Agreement (Malvern 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 a Director director of the Bank Bank, nor does it interfere with the Bank's right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate separate from service at any time.

Appears in 1 contract

Samples: Ohio Valley Banc Corp

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 a Director of the Bank Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or Director nor interfere with the Director’s right to terminate service at any time.

Appears in 1 contract

Samples: Split Dollar Life Insurance Agreement (Temecula Valley Bancorp Inc)

No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain a Director director of the Bank Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s right to terminate separate from service at any time.

Appears in 1 contract

Samples: Director Deferred Fee Agreement (Madison County Financial, Inc.)

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

Appears in 1 contract

Samples: Company Director Retirement Agreement (Ohio Valley Banc Corp)

No Guarantee of Service. This Agreement is not a contract for servicesof service. It does not give the Director the right to remain a Director of the Bank Bank, nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or Director nor interfere with the Director’s right to terminate service at any time.

Appears in 1 contract

Samples: Endorsement Split Dollar Life Insurance Agreement (Heritage NOLA Bancorp, Inc.)

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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 a Director director or member of the Bank board of directors of the Bank, nor does it interfere with the shareholders' right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate service as a director at any time.

Appears in 1 contract

Samples: Dollar Agreement (Dutchfork Bancshares Inc)

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

Appears in 1 contract

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

No Guarantee of Service. This Agreement agreement is not a contract for services. It does not give the Director the right to remain as a Director member of the Bank Board nor does it interfere with the right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not right to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement also It does not require the Director to remain a director or member of the Board nor interfere with the Director’s right to terminate service at any time.

Appears in 1 contract

Samples: Neighborhood Community Bank (Newnan Coweta Bancshares Inc)

No Guarantee of Service. This Agreement is not a contract for servicesservice. It does not give the Director the right to remain a Director member of the Bank Board, nor does it interfere with the Bank's right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement also It does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate service at any time.

Appears in 1 contract

Samples: Financial Director Fee Continuation Agreement (MFB Corp)

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

Appears in 1 contract

Samples: Director Split Dollar Agreement (Juniata Valley Financial Corp)

No Guarantee of Service. This Agreement is not a policy or contract for servicesregarding the continued service of the Director, as a director of the Bank and/or the Holding Company. It does not give the Director the right to remain a Director as an employee or director of the Bank or the Holding Company, nor does it interfere with the right of the Board not Bank or the Holding Company, or their respective shareholders, to nominate remove the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bankfrom office. The Agreement It also does not require the Director to remain a director of the Bank or Holding Company nor interfere with the Director’s 's right to terminate service with the Bank or Holding Company at any time.

Appears in 1 contract

Samples: Continuation Agreement (Appalachian Bancshares Inc)

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

Appears in 1 contract

Samples: Director 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 a Director in the service of the Bank Bank, nor does it interfere with the shareholder's right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect replace the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or in the service of the Bank nor interfere with the Director’s 's right to terminate service at any time.

Appears in 1 contract

Samples: Director 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 a Director of the Bank Bank, nor does it interfere with the right of the Board not shareholders’ rights to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect replace the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or Director nor interfere with the Director’s right to terminate service services at any time.

Appears in 1 contract

Samples: Director Split Dollar Agreement (Juniata Valley Financial Corp)

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

Appears in 1 contract

Samples: Central Valley Community Bank Director Deferred Fee Agreement (Central Valley Community 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 a Director an employee of the Bank Bank, nor does it interfere with the Bank's right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or an employee nor interfere with the Director’s 's right to terminate service at any time.

Appears in 1 contract

Samples: 2001 Directors Retirement Agreement (Juniata Valley Financial Corp)

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

Appears in 1 contract

Samples: First South Bank Director Retirement Agreement (First South Bancorp Inc)

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

Appears in 1 contract

Samples: Director Retirement Agreement (American River Bankshares)

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 a Director director of the Bank Bank, nor does it interfere with the Bank's right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect terminate the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank's service. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate service at any time.

Appears in 1 contract

Samples: Director Retirement Agreement (Independent Bank 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 a Director director of the Bank Bank, nor does it interfere with the right of the Board not shareholders' rights to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect discharge the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement It also does not require the Director to remain a director or nor interfere with the Director’s 's right to terminate service as a director at any time.

Appears in 1 contract

Samples: Dutchfork Bancshares Inc

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