Common use of No Trust Clause in Contracts

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executive, Executive’s Beneficiary or any other person.

Appears in 18 contracts

Sources: Defined Contribution Agreement (Prime Meridian Holding Co), Supplemental Executive Retirement Plan (TC Bancshares, Inc.), Supplemental Executive Retirement Plan (TC Bancshares, Inc.)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executivethe Insured, ExecutiveInsured’s Beneficiary designated beneficiary or any other person.

Appears in 17 contracts

Sources: Split Dollar Agreement (Choiceone Financial Services Inc), Split Dollar Agreement (Choiceone Financial Services Inc), Split Dollar Agreement (Choiceone Financial Services Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executive, Executive’s Beneficiary designated beneficiary or any other person.

Appears in 10 contracts

Sources: Supplemental Executive Retirement Benefits Agreement (Red River Bancshares Inc), Supplemental Executive Retirement Benefits Agreement (Red River Bancshares Inc), Supplemental Executive Retirement Benefits Agreement (Red River Bancshares Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, kind or a fiduciary relationship between the Bank and Executivethe Insured, Executivethe Insured’s Beneficiary designated beneficiary or any other person.

Appears in 7 contracts

Sources: Split Dollar Agreement (National Commerce Corp), Split Dollar Agreement (National Commerce Corp), Split Dollar Agreement (National Commerce Corp)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and the Executive, the Executive’s Beneficiary designated beneficiary or any other person.

Appears in 7 contracts

Sources: Supplemental Executive Retirement Benefits Agreement (National Commerce Corp), Supplemental Executive Retirement Benefits Agreement (National Commerce Corp), Supplemental Executive Retirement Benefits Agreement (National Commerce Corp)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank Company and Executive, Executive’s Beneficiary or any other person.

Appears in 5 contracts

Sources: Supplemental Executive Retirement Plan (FVCBankcorp, Inc.), Supplemental Executive Retirement Plan (FVCBankcorp, Inc.), Supplemental Executive Retirement Plan (FVCBankcorp, Inc.)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and ExecutiveInsured, ExecutiveInsured’s Beneficiary designated beneficiary(ies) or any other person.

Appears in 4 contracts

Sources: Split Dollar Agreement (Park National Corp /Oh/), Split Dollar Agreement (Park National Corp /Oh/), Split Dollar Agreement (Park National Corp /Oh/)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and the Executive, the Executive’s Beneficiary or any other person.

Appears in 4 contracts

Sources: Supplemental Executive Retirement Benefits Agreement (Choiceone Financial Services Inc), Supplemental Executive Retirement Benefits Agreement (Choiceone Financial Services Inc), Supplemental Executive Retirement Benefits Agreement (Choiceone Financial Services Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, kind or a fiduciary relationship between the Bank Corporation and the Executive, Executive’s Beneficiary his designated beneficiary or any other person.

Appears in 3 contracts

Sources: Supplemental Retirement Agreement (Td Banknorth Inc.), Supplemental Retirement Agreement (Td Banknorth Inc.), Supplemental Retirement Agreement (Peoples Heritage Financial Group Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executive, Executive’s Beneficiary designated beneficiary or any other person.

Appears in 3 contracts

Sources: Supplemental Executive Retirement Benefits Agreement (Southeastern Bank Financial CORP), Supplemental Executive Retirement Benefits Agreement (Southeastern Bank Financial CORP), Supplemental Executive Retirement Benefits Agreement (Southeastern Bank Financial CORP)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall will create or be construed to create a trust of any kind, kind or a fiduciary relationship between the Bank and Executivethe Insured, ExecutiveInsured’s Beneficiary designated beneficiary or any other person, except as required by law.

Appears in 3 contracts

Sources: Endorsement Split Dollar Agreement (ServisFirst Bancshares, Inc.), Endorsement Split Dollar Agreement (ServisFirst Bancshares, Inc.), Endorsement Split Dollar Agreement (ServisFirst Bancshares, Inc.)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank Employer and Executive, Executive’s Beneficiary or any other person.

Appears in 3 contracts

Sources: Defined Contribution Agreement, Defined Contribution Agreement (Prime Meridian Holding Co), Defined Contribution Agreement (Prime Meridian Holding Co)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executivethe Employee, Executive’s Beneficiary his designated beneficiary or any other person.

Appears in 3 contracts

Sources: Deferred Compensation Agreement (Denmark Bancshares Inc), Deferred Compensation Agreement (Denmark Bancshares Inc), Deferred Compensation Agreement (Denmark Bancshares Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executivethe Insured, Executive’s Beneficiary Insured's designated beneficiary or any other person.

Appears in 2 contracts

Sources: Split Dollar Agreement (Middlefield Banc Corp), Split Dollar Agreement (Park National Corp /Oh/)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank Company and the Executive, the Executive’s Beneficiary designated beneficiary or any other person.

Appears in 2 contracts

Sources: Split Dollar Agreement (Business Bancorp /Ca/), Split Dollar Agreement (Business Bancorp /Ca/)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and from Employer to Executive, Executive’s Beneficiary spouse or any other person.

Appears in 1 contract

Sources: Post Retirement Compensation Agreement (Ucbh Holdings Inc)

No Trust. Nothing contained in this Agreement and no --------- action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executive, Executive’s Beneficiary 's designated beneficiary or any other person.

Appears in 1 contract

Sources: Supplemental Executive Retirement Benefit Agreement (Gateway Bancshares Inc /Ga/)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank Company and Executive, Executive’s 's Beneficiary or any other person.. 

Appears in 1 contract

Sources: Supplemental Executive Retirement Plan (Ministry Partners Investment Company, LLC)

No Trust. Nothing contained in this Agreement agreement and no action actions taken pursuant to the provisions of this Agreement agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and ExecutiveDirector, Executive’s Beneficiary his designated beneficiary, estate or any other person.

Appears in 1 contract

Sources: Board Fee Deferral Agreement (First Banking Center Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executive, Executive’s Beneficiary 's designated beneficiary or any other person.

Appears in 1 contract

Sources: Supplemental Executive Retirement Benefits Agreement (Red River Bancshares Inc)

No Trust. Nothing contained in this Agreement and no action taken pursuant to the provisions of this Agreement shall create or be construed to create a trust of any kind, or a fiduciary relationship between the Bank and Executive, Executive’s Beneficiary 's designated beneficiary or any other person.

Appears in 1 contract

Sources: Supplemental Executive Retirement Benefits Agreement (Middlefield Banc Corp)