Common use of Not a Contract of Employment Clause in Contracts

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 53 contracts

Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Wellesley Bancorp, Inc.)

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Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Corporation to discharge the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 25 contracts

Samples: Supplemental Retirement Agreement (Hampton Roads Bankshares Inc), Supplemental Retirement Agreement (Hampton Roads Bankshares Inc), Supplemental Retirement Agreement (ISB Financial Corp.)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties heretoemployment, nor shall any provision hereof restrict affect (a) the right of the Bank Company (or its subsidiaries) to discharge Executive at will or (b) the Executive, or restrict terms and conditions of any other agreement between the right of the Company and Executive to terminate employmentexcept as provided herein.

Appears in 23 contracts

Samples: Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp), Severance Agreement (Forest Oil Corp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 17 contracts

Samples: Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc), Executive Salary Continuation Agreement (Lyons Bancorp Inc)

Not a Contract of Employment. This The Agreement shall not be deemed to constitute a contract of employment between the parties heretoemployment, nor shall any provision hereof restrict affect (i) the right of the Bank Company (or its subsidiaries) to discharge Executive at will or (ii) the Executive, or restrict terms and conditions of any other agreement between the right of the Company and Executive to terminate employmentexcept as provided herein.

Appears in 16 contracts

Samples: Change in Control Agreement (West Texas Utilities Co), Change in Control Agreement (Southwestern Electric Power Co), Change in Control Agreement (Central & South West Corp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Employer to discharge the ExecutiveEmployee, or restrict the right of the Executive Employee to terminate employment.

Appears in 11 contracts

Samples: Employee Supplemental Compensation Benefits Agreement (Greater Bay Bancorp), Employee Supplemental Compensation Benefits (Greater Bay Bancorp), Employee Supplemental Compensation Benefits (Greater Bay Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties heretoParties, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment. At all times, the Executive’s employment shall remain at-will.

Appears in 10 contracts

Samples: Second Executive Salary Continuation Agreement (Central Valley Community Bancorp), Second Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the ExecutiveDirector, or restrict the right of the Executive Director to terminate employment.

Appears in 6 contracts

Samples: Director Fee Continuation Agreement (First Seacoast Bancorp), Director Fee Continuation Agreement (First Seacoast Bancorp), Continuation Agreement (First Colebrook Bancorp, Inc.)

Not a Contract of Employment. This Agreement agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 6 contracts

Samples: Continuation Agreement, Continuation and Participation Agreement (Southeastern Bank Financial CORP), Continuation and Participation Agreement (Southeastern Bank Financial CORP)

Not a Contract of Employment. This Agreement agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 6 contracts

Samples: Continuation Agreement (American Bancorp of New Jersey Inc), Continuation Agreement (American Bancorp of New Jersey Inc), Executive Salary Continuation Agreement (American Bancorp of New Jersey Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment. At all times, employment shall remain at-will and either party may terminate the agreement with or without cause and with or without notice.

Appears in 5 contracts

Samples: Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties heretoParties, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, Executive or restrict the right of the Executive to terminate employment.

Appears in 4 contracts

Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)

Not a Contract of Employment. This The terms and conditions of this Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor Bank and the Executive. Nothing in this Agreement shall any provision hereof restrict be deemed to give an Executive the right to be retained in the service of the Bank or to interfere with the right of the Bank to discipline or discharge the Executive, or restrict the right of the Executive to terminate employmentat any time.

Appears in 4 contracts

Samples: Insurance Agreement (MB Bancorp Inc), Insurance Agreement (MB Bancorp Inc), Insurance Agreement (MB Bancorp Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Corporation to discharge the Executive, Executive or restrict the right of the Executive to terminate his employment.

Appears in 3 contracts

Samples: Executive Salary Continuation Agreement (East Ridge Bancshares Inc), Continuation Agreement (East Ridge Bancshares Inc), Continuation Agreement (East Ridge Bancshares Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the ExecutiveOfficer, or restrict the right of the Executive Officer to terminate employment.

Appears in 3 contracts

Samples: Officer Salary Continuation Agreement (Southcrest Financial Group Inc), Continuation Agreement (Southcrest Financial Group Inc), Officer Salary Continuation Agreement (Southcrest Financial Group Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties heretoParties, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 3 contracts

Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties Parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 3 contracts

Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp), Executive Salary Continuation Agreement (Central Valley Community Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate her employment.

Appears in 3 contracts

Samples: Continuation Agreement (Northern Empire Bancshares), Executive Salary Continuation Agreement (Byl Bancorp), Executive Salary Continuation Agreement (Coast Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank or the Corporation to discharge the Executive, either with or without cause, or restrict the right of the Executive to terminate his employment.

Appears in 2 contracts

Samples: Supplemental Retirement Plan Agreement (Republic Security Financial Corp), Supplemental Retirement Plan Agreement (Republic Security Financial Corp)

Not a Contract of Employment. 9.01 This Agreement shall not be deemed to constitute a contract of employment between the parties heretoparties, nor shall any provision hereof restrict the right of the Bank Corporation to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 2 contracts

Samples: Deferred Compensation Agreement (Phibro Animal Health Corp), Income Deferred Compensation Agreement (Philipp Brothers Chemicals Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 2 contracts

Samples: Executive Salary Continuation Agreement (Coast Bancorp), Executive Salary Continuation Agreement (Coast Bancorp)

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Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Corporation to discharge the Executive, or restrict the right of the Corporation to discharge the Executive, or restrict the right of the Executive to terminate her employment.

Appears in 1 contract

Samples: Continuation Agreement (Lamar Capital Corp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (Union National Financial Corp / Pa)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employmenthis employment with the Bank.

Appears in 1 contract

Samples: Executive Supplemental Benefit Agreement (Medford Bancorp Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Employer to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 1 contract

Samples: Continuation Agreement (Simmons First National Corp)

Not a Contract of Employment. This Agreement agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof 6 restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (American Bancorp of New Jersey Inc)

Not a Contract of Employment. 7.01 This Agreement shall not be deemed to constitute a contract of employment between the parties heretoparties, nor shall any provision hereof restrict the right of the Bank Corporation to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 1 contract

Samples: Income Split Dollar Agreement (Philipp Brothers Chemicals Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute be a contract of employment between the parties heretoparties, nor shall any provision hereof restrict the right of the Bank Employer to discharge the Executive, ,or restrict the right of the Executive to terminate his employment.

Appears in 1 contract

Samples: Change in Control Compensation Agreement (California Independent Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties heretohereto that changes Executive’s status as an “at-will” employee of the Bank, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment, at any time or for any reason.

Appears in 1 contract

Samples: Supplemental Compensation Agreement (Columbia Banking System Inc)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties Parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment. At all times, employment shall remain at-will and either Party may terminate the Agreement with or without cause and with or without notice.

Appears in 1 contract

Samples: Executive Salary Continuation Agreement (Central Valley Community Bancorp)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties heretohereto that changes Executive's status as an "at-will" employee of the Bank, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employmentemployment at any time or for any reason.

Appears in 1 contract

Samples: Executive Long Term Compensation Agreement (Sound Financial, Inc.)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Company to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 1 contract

Samples: Continuation Agreement (Summit Financial Group Inc)

Not a Contract of Employment. This Agreement shall not be deemed to lo constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank to discharge the Executive, or restrict the right of the Executive to terminate employment.

Appears in 1 contract

Samples: Supplemental Executive Retirement Plan Agreement (Carolina Trust BancShares, Inc.)

Not a Contract of Employment. This Agreement shall not be deemed to constitute a contract of employment between the parties hereto, nor shall any provision hereof restrict the right of the Bank Corporation to discharge the Executive, or restrict the right of the Corporation to discharge the Executive, or restrict the right of the Executive to terminate his employment.

Appears in 1 contract

Samples: Continuation Agreement (Lamar Capital Corp)

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