No Guarantee of Service. This Agreement does not give the Director the right to remain a member of the Bank’s Board of Directors, nor does it interfere with the Bank’s right to terminate the service of the Director. It also does not interfere with the Director’s right to terminate his or her service at any time.
Appears in 5 contracts
Samples: Riverview National Bank (Riverview Financial Corp), Riverview Bank (Riverview Financial Corp), Director Emeritus Agreement (Riverview Financial Corp)
No Guarantee of Service. This Agreement is not an employment policy or contract. It does not give the Director the right to remain a member director of the Bank’s Board of Directors, nor does it interfere with the Bank’s right to terminate the service of the Director’s service. It also does not require the Director to remain a director nor interfere with the Director’s right to terminate his or her service at any time.
Appears in 4 contracts
Samples: Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.), Director Retirement Agreement (Peoples Federal Bancshares, Inc.)
No Guarantee of Service. This Agreement is not an employment policy or contract. It does not give the Director the right to remain a member director of the Bank’s Board of Directors, nor does it interfere with the Bank’s right shareholders' rights to terminate the service of discharge the Director. It also does not require the Director to remain a director nor interfere with the Director’s 's right to terminate his or her service as a director at any time.. 7 <PAGE> 8.3
Appears in 1 contract
Samples: www.sec.gov
No Guarantee of Service. This Agreement does not give the Director the right to remain a member of the Bank’s Company's Board of Directors, nor does it interfere with the Bank’s Company's right to terminate the service of the Director. It also does not interfere with the Director’s right 's right. to terminate his or her service at any time.
Appears in 1 contract
Samples: Director Retirement Agreement (Orrstown Financial Services Inc)
No Guarantee of Service. This Agreement does not give the Director the right to remain a member of the Bank’s Board of Directors, nor does it interfere with the Bank’s right to terminate the service of the Director. It also does not interfere with the Director’s right to terminate his or her service at any time. This Agreement is intended to be administered in a manner consistent with the requirements, where applicable, of Section 409A of the Code.
Appears in 1 contract
Samples: Director Emeritus Agreement (First Perry Bancorp, Inc)