Common use of Sole Consideration Clause in Contracts

Sole Consideration. Except as specifically provided in this Agreement, Executive shall be entitled to no compensation or benefits from the Bank or its affiliates with respect to the Services, and shall not be credited with any service, age, or other credit for purposes of eligibility, vesting, or benefit accrual under any employee benefit plan of the Bank or its affiliates.

Appears in 1 contract

Samples: Settlement, Consulting and Non Competition Agreement (Pilgrim Bancshares, Inc.)

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Sole Consideration. Except as specifically provided in this Agreement, the Executive shall be entitled to no compensation or benefits from the Bank Company or its affiliates with respect to the Services, Services and shall not be credited with any service, age, or other credit for purposes of eligibility, vesting, or benefit accrual under any employee benefit plan of the Bank Company or any of its affiliates.

Appears in 1 contract

Samples: Executive Severance and Consulting Agreement (Enservco Corp)

Sole Consideration. Except as specifically provided in this Agreement, Executive shall be entitled to no compensation or benefits from the Bank or its affiliates with respect to the Services, including, without limitation, any bonus or equity awards or other long-term incentive awards, and shall not be credited with any service, age, or other credit for purposes of eligibility, vesting, or benefit accrual under any employee benefit plan of the Bank or its affiliates.

Appears in 1 contract

Samples: Retention and Consulting Agreement (CB Financial Services, Inc.)

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Sole Consideration. Except as specifically provided in this Agreement, the Executive shall be entitled to no additional compensation or benefits from the Bank Company or its affiliates with respect to the Services, Services and shall not be credited with any service, age, or other credit for purposes of eligibility, vesting, or benefit accrual under any employee benefit plan of the Bank Company or any of its affiliates.

Appears in 1 contract

Samples: Executive Severance and Consulting Agreement (Enservco Corp)

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