Common use of NOT A CONTRACT FOR EMPLOYMENT Clause in Contracts

NOT A CONTRACT FOR EMPLOYMENT. This Agreement is not a contract for employment. Executive is employed pursuant to the Existing Agreement, the terms of which continue in full force and effect. This Agreement is intended to supplement the provisions of the Existing Agreement. The limitations set forth in Paragraph 7 apply only with respect to Executive’s entitlement to, and Bank’s obligation to pay, the Retirement Benefit. The restrictive covenants pertaining to non-competition and non-solicitation set forth in the Existing Agreement shall continue in effect and shall be enforceable against Executive independently of this Agreement. Nothing in this Agreement shall be construed to alter, modify, affect or impair in any manner those non-competition and non-solicitation provisions.

Appears in 3 contracts

Samples: Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc), Supplemental Executive Retirement Benefit Agreement (CCFNB Bancorp Inc)

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NOT A CONTRACT FOR EMPLOYMENT. This Agreement is not a contract for employment. Executive is employed pursuant to the Existing Agreement, the terms of which continue in full force and effect. This Agreement is intended to supplement the provisions of the Existing Agreement. The limitations set forth in Paragraph 7 apply only with respect to Executive’s entitlement to, and Bank’s obligation to pay, the Retirement Benefit. The restrictive covenants pertaining to non-competition and non-solicitation sollcltatlon set forth in the Existing Agreement shall continue in effect and shall be enforceable against Executive independently Independently of this Agreement. Nothing in this Agreement shall be construed to alter, modify, affect or impair in any manner those non-competition and non-solicitation sollcltatlon provisions.

Appears in 1 contract

Samples: Supplemental Executive Retirement Agreement (CCFNB Bancorp Inc)

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NOT A CONTRACT FOR EMPLOYMENT. This Agreement is not a contract for employment. Executive is employed pursuant to the Existing Agreement, the terms of which continue in In full force and effect. This Agreement is intended Is Intended to supplement the provisions of the Existing Agreement. The limitations set forth in In Paragraph 7 apply only with respect to Executive’s entitlement to, and Bank’s obligation to pay, the Retirement Benefit. The restrictive covenants pertaining to non-competition and non-solicitation set forth in the Existing Agreement shall continue in In effect and shall be enforceable against Executive independently Independently of this Agreement. , Nothing in In this Agreement shall be construed to alter, modify, affect or impair in any manner those non-competition and non-solicitation provisions.

Appears in 1 contract

Samples: Executive Retirement Benefit Agreement (CCFNB Bancorp Inc)

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