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 Company, 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 5 contracts

Samples: Director Deferred Fee Agreement (Ohio Valley Banc Corp), Deferred Fee Agreement (Regency Bancorp), Deferred Fee Agreement (Regency 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 CompanyBank, 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 4 contracts

Samples: Deferred Fee Agreement (Plumas Bancorp), Deferred Fee Agreement (Plumas Bancorp), Deferred Fee Agreement (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 CompanyBank, 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 3 contracts

Samples: Deferred Fee Agreement (Heritage Commerce Corp), 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 CompanyBank, nor does it interfere with the shareholdersShareholders' 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 service at any time.

Appears in 2 contracts

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

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 Company, 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 1 contract

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

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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 Company, 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 (i) give the Director the right to remain a director of the Company, 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)

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 Company, 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 ’s right to terminate services at any time.

Appears in 1 contract

Samples: Director Deferred Compensation Agreement (HCSB Financial Corp)

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