Common use of No Guarantee of Service Clause in Contracts

No Guarantee of Service. This Plan is not a contract for service. It does not give the Participant the right to remain as a director of the Corporation, nor does it interfere with the Corporation's right to discharge the Participant. It also does not require the Participant to remain a director nor interfere with the Participant's right to terminate service at any time.

Appears in 2 contracts

Samples: Director Deferred Compensation Plan (Choiceone Financial Services Inc), Director Deferred Compensation Plan (Choiceone Financial Services Inc)

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No Guarantee of Service. This Plan is not a contract for servicedirector services. It does not give the Participant the right to remain as a director of the CorporationCompany, nor does it interfere with the Corporation's Company’s right to discharge remove the Participant. It also does not require the Participant to remain a director nor interfere with the Participant's ’s right to terminate service his or her directorship at any time.

Appears in 2 contracts

Samples: Director Group Term Replacement Plan (Codorus Valley Bancorp Inc), Director Group Term Replacement Plan (Codorus Valley Bancorp Inc)

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No Guarantee of Service. This Plan is not a contract for servicedirector services. It does not give the Participant the right to remain as a director of the CorporationCompany, nor does it interfere with the CorporationCompany's right to discharge remove the Participant. It also does not require the Participant to remain a director nor interfere with the Participant's right to terminate service his or her directorship at any time.

Appears in 1 contract

Samples: Director Group Term Replacement Plan (Codorus Valley Bancorp Inc)

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