Common use of No Guarantee of Service Clause in Contracts

No Guarantee of Service. This Agreement is not a service policy or contract. It does not give the Trustee the right to remain a trustee of the Bank, nor does it interfere with the Bank’s right, to the extent of its ability under applicable law and regulation and its articles of incorporation and bylaws, to discharge the Trustee. It also neither requires the Trustee to remain a trustee of the Bank nor interferes with the Trustee’s right to terminate his service at any time.

Appears in 2 contracts

Samples: Trustee Deferred Compensation Agreement (Laurel Capital Group Inc), Trustee Deferred Compensation Agreement (Laurel Capital Group Inc)

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No Guarantee of Service. This Agreement is not a service policy or contract. It does not give the Trustee the right to remain a trustee of the Bank, nor does it interfere with the Bank’s 's right, to the extent of its ability under applicable law and regulation and its articles of incorporation and bylaws, to discharge the Trustee. It also neither requires the Trustee to remain a trustee of the Bank nor interferes with the Trustee’s 's right to terminate his service at any time.

Appears in 2 contracts

Samples: Trustee Deferred Compensation Agreement (Laurel Capital Group Inc), Trustee Deferred Compensation Agreement (Laurel Capital Group Inc)

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No Guarantee of Service. This Agreement is not a service policy or contract. It does not give the Trustee the right to remain a trustee of the Bank, nor does it interfere with the Bank’s right, to the extent of its ability under applicable law and regulation and its articles of incorporation and bylaws, to discharge the Trustee. It also neither requires the Trustee to remain a trustee of the Bank nor interferes with the Trustee’s right to terminate his service at any time.

Appears in 1 contract

Samples: Trustee Split Dollar Agreement (Laurel Capital Group Inc)

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