Common use of No Contract of Employment Clause in Contracts

No Contract of Employment. This Agreement shall not, under any circumstances, be deemed to constitute an employment contract between Employer and Employee or to be in consideration of or an inducement for the continued employment of Employee. Nothing contained in this Agreement shall be deemed to give Employee the right to be retained in the service of Employer, or to interfere with the right of Employer to discharge Employee at any time.

Appears in 34 contracts

Samples: Change in Control Agreement (Bank of Florida Corp), Change in Control Agreement (Bancshares of Florida Inc), Change in Control Agreement (Bank of Florida Corp)

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No Contract of Employment. This Agreement shall not, under any circumstances, be deemed to constitute an employment contract between Employer and Employee or to be in consideration of or an inducement for the continued employment of Employee. Nothing contained in this Agreement shall be deemed to give Employee the right to be retained in the service of Employer, or to interfere with the right of Employer to discharge Employee at any time.

Appears in 13 contracts

Samples: Employee Severance Agreement (Federal Trust Corp), Employee Severance Agreement (Federal Trust Corp), Employee Severance Agreement (Federal Trust Corp)

No Contract of Employment. This Agreement shall notnot be construed as a contract of employment, under any circumstances, be deemed to constitute an employment contract between Employer and Employee or to be in consideration of or an inducement for the continued employment of Employee. Nothing contained in this Agreement shall be deemed to give Employee the right to be retained in the service of Employer, or to interfere with nor does it restrict the right of Employer the Corporation to discharge the Employee at any timeor the right of the Employee to terminate his employment.

Appears in 10 contracts

Samples: Salary Continuation Agreement (J. Alexander's Holdings, Inc.), Salary Continuation Agreement (J. Alexander's Holdings, Inc.), Salary Continuation Agreement (J. Alexander's Holdings, Inc.)

No Contract of Employment. This Agreement shall not, under any circumstances, not be deemed to constitute an employment contract between Employer and Employee or to be in consideration of or an inducement for the continued employment of Employee. Nothing contained in this Agreement shall be deemed to give Employee the right to be retained in the service of Employer, Employer or to interfere with the right of Employer to discharge Employee at any time.

Appears in 2 contracts

Samples: Employee Severance Agreement (PSB Bancgroup Inc), Change in Control Agreement (Indian River Banking Company)

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No Contract of Employment. This Agreement shall not, under any circumstances, be deemed to constitute an employment contract between Employer and Employee or to be in consideration of or an inducement for the continued employment of Employee. Nothing contained in this Agreement shall be deemed to give Employee the right to be retained in the service of Employer, or to interfere with the right of Employer to discharge Employee at any time.

Appears in 1 contract

Samples: Non Competition (First Community Bank Corp of America)

No Contract of Employment. This Agreement shall not, under any circumstances, not be deemed to constitute an employment contract between Employer and Employee or to be in consideration of or an inducement for the continued employment of Employee. Nothing contained in this Agreement shall be deemed to give Employee the right to be retained in the service of Employer, Employer or to interfere with the right of Employer to discharge Employee at any time.

Appears in 1 contract

Samples: Employee Severance Agreement (Federal Trust Corp)

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