Common use of Continuation as Director Clause in Contracts

Continuation as Director. Neither this Agreement nor the payment of any benefits thereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the Bank.

Appears in 8 contracts

Samples: Director Agreement (Heritage NOLA Bancorp, Inc.), Director Agreement (Heritage NOLA Bancorp, Inc.), Director Supplemental Retirement Plan (BV Financial, Inc.)

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Continuation as Director. Neither this Agreement nor the payment payments of any benefits thereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the Bank.

Appears in 4 contracts

Samples: Director Fee Continuation Agreement (Lyons Bancorp Inc), Director Fee Continuation Agreement (Lyons Bancorp Inc), Directors Deferred Compensation Agreement (Community Financial Shares Inc)

Continuation as Director. Neither this Agreement nor the payment payments of any benefits thereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the BankBank or CTFSC.

Appears in 4 contracts

Samples: Directors Delayed Compensation Plan Agreement (Community Trust Financial Services Corporation), Compensation Plan Agreement (Community Trust Financial Services Corporation), Compensation Plan Agreement (Community Trust Financial Services Corporation)

Continuation as Director. Neither this Agreement nor the payment payments of any benefits thereunder hereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the Bank.

Appears in 4 contracts

Samples: Director Supplemental Retirement Agreement (Peoples Bancorp of North Carolina Inc), Director Fee Continuation Agreement (Americanwest Bancorporation), Director Fee Continuation Agreement (Americanwest Bancorporation)

Continuation as Director. Neither this Agreement nor the payment payments of any benefits thereunder hereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the BankInstitution.

Appears in 3 contracts

Samples: Director Supplemental Income Plan Agreement (Osage Federal Financial Inc), Director Supplemental Income Plan Agreement (Osage Federal Financial Inc), Director Supplemental Income Plan Agreement (Osage Federal Financial Inc)

Continuation as Director. Neither this Agreement nor the payment payments of any benefits thereunder there under shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the Bank.

Appears in 2 contracts

Samples: Director Deferred Compensation Agreement (LINKBANCORP, Inc.), Director Deferred Compensation Agreement (GNB Financial Services Inc)

Continuation as Director. Neither this Agreement nor the payment payments of any benefits thereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the BankCTFSC.

Appears in 2 contracts

Samples: Directors Delayed Compensation Plan Agreement (Community Trust Financial Services Corporation), Compensation Plan Agreement (Community Trust Financial Services Corporation)

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Continuation as Director. Neither this Agreement nor the payment of any benefits thereunder shall be construed as giving to the Director any right to be retained as a member of the Board of Directors of the Bank, the Company, or the Mutual Holding Company.

Appears in 1 contract

Samples: Director Supplemental Retirement Plan (Service Bancorp Inc)

Continuation as Director. Neither Although this Agreement is intended to provide the Director with additional incentive to remain a member of the Board of Directors of the Bank, neither this Agreement nor the payment of any benefits thereunder hereunder shall be construed as giving to the Director any the right to be retained as a member of the Board of Directors of the Bank.

Appears in 1 contract

Samples: Director Supplemental Compensation Agreement (Americanwest Bancorporation)

Continuation as Director. Neither this Agreement nor the payment of any benefits thereunder shall be construed as giving to the Director any right to be retained as a member of the Board of to Directors of the Bank.

Appears in 1 contract

Samples: Supplemental Retirement Plan (Steelton Bancorp Inc)

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