Common use of This Agreement Is Not an Employment Contract Clause in Contracts

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank or any subsidiary or successor of the Bank.

Appears in 24 contracts

Samples: Change in Control Agreement (Orange County Bancorp, Inc. /DE/), Change in Control Agreement (Ottawa Bancorp Inc), Change in Control Agreement (Ottawa Bancorp Inc)

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This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (xa) this Agreement is not a management or employment agreement and (yb) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank Corporation or any subsidiary Subsidiary or successor of the BankCorporation, nor shall it give the Corporation any rights or impose any obligations for the continued performance of duties by the Executive for the Corporation or any Subsidiary or successor of the Corporation.

Appears in 9 contracts

Samples: Severance Agreement (Centennial Bancorp), Severance Agreement (Citizens South Banking Corp), Severance Agreement (Citizens South Banking Corp)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (xa) this Agreement is not a management or employment agreement and (yb) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank or Corporation or any subsidiary or successor of the BankBank or Corporation, nor shall it give the Bank or Corporation any rights or impose any obligations for the continued performance of duties by the Executive for the Bank or Corporation or any subsidiary or successor of the Bank or Corporation.

Appears in 6 contracts

Samples: Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp), Severance Agreement (Unb Corp/Oh)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) that nothing in this Agreement shall give gives the Executive any rights or impose any obligations to continued employment by Cortland Bancorp or the Bank or any subsidiary or successor of the BankCortland Bancorp.

Appears in 6 contracts

Samples: Amended Severance Agreement (Cortland Bancorp Inc), Amended Severance Agreement (Cortland Bancorp Inc), Severance Agreement (Cortland Bancorp Inc)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that that: (xa) this Agreement is not a management or employment agreement and (yby) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank or any subsidiary or successor of the Bank.

Appears in 5 contracts

Samples: Change in Control Agreement (Community Financial Corp /Md/), Change in Control Agreement (Community Financial Corp /Md/), Change in Control Agreement (Community Financial Corp /Md/)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) that nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by Cortland Bancorp or the Bank or any subsidiary or successor of the BankCortland Bancorp.

Appears in 5 contracts

Samples: Severance Agreement (Cortland Bancorp Inc), Severance Agreement (Cortland Bancorp Inc), Severance Agreement (Cortland Bancorp Inc)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (xa) this Agreement is not a management or employment agreement and (yb) nothing in this Agreement shall give the Executive Officer any rights or impose any obligations to continued employment by the Bank or Corporation or any subsidiary or successor of the BankBank or Corporation, nor shall it give the Bank or Corporation any rights or impose any obligations for the continued performance of duties by the Officer for the Bank or Corporation or any subsidiary or successor of the Bank or Corporation.

Appears in 4 contracts

Samples: Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp), Severance Agreement (Unizan Financial Corp)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by Cortland Bancorp or the Bank or any subsidiary or successor of the BankCortland Bancorp.

Appears in 3 contracts

Samples: Severance Agreement (Cortland Bancorp Inc), Severance Agreement (Cortland Bancorp Inc), Severance Agreement (Cortland Bancorp Inc)

This Agreement Is Not an Employment Contract. The parties hereto to this Agreement acknowledge and agree that (xi) this Agreement is not a management or an employment agreement and (yii) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank Bank, the Company, or any subsidiary or successor of the Bank.

Appears in 2 contracts

Samples: New Buffalo Savings Bank (New Bancorp, Inc.), Change in Control Agreement (New Bancorp, Inc.)

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This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) nothing in this Agreement shall give the Executive Employee any rights or impose any obligations to continued employment by the Bank Employer or any subsidiary or successor of the BankEmployer.

Appears in 1 contract

Samples: Change in Control Agreement (Princeton Bancorp, Inc.)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank or any subsidiary subsidiary, affiliate or successor of the Bank.

Appears in 1 contract

Samples: Change in Control (Beneficial Mutual Bancorp Inc)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) that nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank Company or any subsidiary of or successor to the Company, nor shall it give the Company any rights to or impose any obligations for the continued performance of duties by the BankExecutive for the Company or any subsidiary of or successor to the Company.

Appears in 1 contract

Samples: Severance Agreement (Intermountain Community Bancorp)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (x) this Agreement is not a management or employment agreement and (y) that nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank Corporation, the Bank, or any subsidiary of or successor to the Corporation or the Bank, nor shall it give the Corporation or the Bank any rights or impose any obligations for the continued performance of duties by the Executive for the Corporation, the Bank, or any subsidiary of or successor to the Corporation or the Bank.

Appears in 1 contract

Samples: Severance Agreement (Cortland Bancorp Inc)

This Agreement Is Not an Employment Contract. The parties hereto acknowledge and agree that (xa) this Agreement is not a management or employment agreement and (yb) nothing in this Agreement shall give the Executive any rights or impose any obligations to continued employment by the Bank or any subsidiary or successor of the Bank.

Appears in 1 contract

Samples: Change in Control (United Community Bancorp)

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