Common use of No Rights to Continued Service Clause in Contracts

No Rights to Continued Service. Nothing in this Agreement or in the Plan shall confer any right to continued affiliation with the Company or its Subsidiaries (including service on the Board of Directors of the Company or any Subsidiary) nor shall it interfere with any right of the Company or any Subsidiary to terminate Participant’s service or other affiliation with the Company at any time.

Appears in 3 contracts

Samples: Restricted Stock Agreement (Dynex Capital Inc), Restricted Stock Agreement (Dynex Capital Inc), Restricted Stock Agreement (Dynex Capital Inc)

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No Rights to Continued Service. Nothing under the Plan or in this Agreement or in the Plan shall confer upon the Participant any right to continued affiliation with continue in the service of the Company or its Subsidiaries (including service on the Board of Directors of the Company or any Subsidiary) nor shall it interfere with any right of the Company or any Subsidiary to terminate Participant’s service or other affiliation with the Company at any time.subsidiaries. ​

Appears in 1 contract

Samples: Restricted Stock Agreement (Partners Bancorp)

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No Rights to Continued Service. Nothing under the Plan or in this Agreement or in the Plan shall confer upon the Participant any right to continued affiliation with continue in the service of the Company or its Subsidiaries (including service on subsidiaries or in any way affect the Board of Directors of the Company or any Subsidiary) nor shall it interfere with any Company’s right of the Company or any Subsidiary to terminate Participant’s service or other affiliation with the Company at any time.

Appears in 1 contract

Samples: Time Based Restricted Stock Agreement (Carter Bankshares, Inc.)

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