Common use of No Guaranty of Employment Clause in Contracts

No Guaranty of Employment. This Agreement is not a contract for services. It does not give the Director the right to remain a director of the Bank, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain a director nor interfere with the Director’s right to terminate services at any time.

Appears in 4 contracts

Samples: Plumas Bank (Plumas Bancorp), Plumas Bank (Plumas Bancorp), Plumas Bank (Plumas Bancorp)

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No Guaranty of Employment. This Agreement is not a contract for services. It does not give the Director the right to remain a director of the Bank, nor does it interfere with the shareholders' rights to replace the Director. It also does not require the Director to remain a director nor interfere with the Director’s 's right to terminate services at any time.

Appears in 3 contracts

Samples: Fee Agreement (First Shares Bancorp Inc), Plumas Bank (Plumas Bancorp), Plumas Bank (Plumas Bancorp)

No Guaranty of Employment. This Agreement is not a contract for services. It does not (i) give the Director the right to remain a director of the Bank, nor does it interfere with the shareholders’ rights to replace the Director. It also does not (ii) require the Director to remain a director nor director, (iii) interfere with the shareholders' rights to replace the Director, or (iv) interfere with the Director’s right 's rights to terminate services at any time.

Appears in 3 contracts

Samples: Heritage Bank of Commerce Deferred Fee Agreement (Heritage Commerce Corp), Heritage Bank of Commerce Deferred Fee Agreement (Heritage Commerce Corp), Deferred Fee Agreement (American River Holdings)

No Guaranty of Employment. This Agreement is not a contract for services. It does not give the Director the right to remain a director of the Bank, nor does it interfere with the shareholders’ Shareholders' rights to replace the Director. It also does not require the Director to remain a director nor interfere with the Director’s 's right to terminate services service at any time.

Appears in 2 contracts

Samples: Director Retirement Agreement (Lawrence Financial Holdings Inc), Lawrence Financial Holdings Inc

No Guaranty of Employment. This Agreement is not a contract for services. It does not (i) give the Director the right to remain a director of the BankCompany, nor does it (ii) require the Director to remain a director, (iii) interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain a director nor , or (iv) interfere with the Director’s right rights to terminate services at any time.

Appears in 1 contract

Samples: Deferred Fee Agreement (American River Bankshares)

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No Guaranty of Employment. This Agreement is not a contract for services. It does not give the Director the right to remain a director of the BankCompany, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain a director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Deferred Fee Agreement (Harvard Illinois Bancorp, Inc.)

No Guaranty of Employment. This Agreement is not a contract for services. It does not (i) give the Director the right to remain a director of the BankCompany, nor does it interfere with the shareholders’ rights to replace the Director. It also does not (ii) require the Director to remain a director nor director, (iii) interfere with the shareholders' rights to replace the Director, or (iv) interfere with the Director’s right 's rights to terminate services at any time.

Appears in 1 contract

Samples: Deferred Fee Agreement (American River Bankshares)

No Guaranty of Employment. This Agreement is not a contract for services. It does not give the Director the right to remain a director an executive of the BankCompany, nor does it interfere with the shareholders’ shareholder’s rights to replace the Director. It also does not require the Director to remain a director nor interfere with the Director’s right to terminate services at any time.

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (HCSB Financial Corp)

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