No Effect on Directorship Rights. Nothing contained herein will confer upon the Director the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Director without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(b), the following conditions shall apply to this Agreement:
Appears in 3 contracts
Samples: Compensation Agreement (First Bancorp /In/), Compensation Agreement (First Bancorp /In/), Compensation Agreement (First Bancorp /In/)
No Effect on Directorship Rights. Nothing contained herein will confer upon the Director the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Director without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. § 563.39(b), the following conditions shall apply to this Agreement:
Appears in 3 contracts
Samples: Deferred Compensation Master Agreement (Oceanfirst Financial Corp), Compensation Master Agreement (Mutualfirst Financial Inc), Director Deferred Compensation Master Agreement (River Valley Bancorp)
No Effect on Directorship Rights. Nothing contained herein will confer upon the Director the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Director without regard to the existence of the AgreementPlan. Pursuant to 12 C.F.R. ss. 563.39(b), the following conditions shall apply to this AgreementPlan:
Appears in 1 contract
Samples: Community Bancorp of New Jersey
No Effect on Directorship Rights. Nothing contained herein will confer upon -------------------------------- the Director the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Director without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. (S) 563.39(b), the following conditions shall apply to this Agreement:
Appears in 1 contract
Samples: And (First Bancorp of Indiana Inc)
No Effect on Directorship Rights. Nothing contained herein will confer upon the Director the right to be retained in the service of the Bank nor limit the right of the Bank to discharge or otherwise deal with the Director without regard to the existence of the Agreement. Pursuant to 12 C.F.R. ss. 563.39(bss.563.39(b), the following conditions shall apply to this Agreement:
Appears in 1 contract