Service as a Director. Grantee acknowledges that nothing in this Agreement or in the Plan imposes upon the Company, its Board of Directors, or its shareholders any obligation to retain or elect the Grantee as director of the Company for any period.
Appears in 3 contracts
Samples: Stock Option Agreement (Macatawa Bank Corp), Stock Option Agreement (Macatawa Bank Corp), Stock Option Agreement (Macatawa Bank Corp)
Service as a Director. Grantee acknowledges that nothing in this Agreement or in the Plan imposes upon imxxxxx xpon the Company, its Board or any Subsidiary of Directorsthe Company, or its shareholders any obligation to retain or elect the Grantee as a director of the Company for any period.
Appears in 1 contract
Samples: Mercantile Bank Corp
