No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain in the service of the Company, nor does it interfere with the shareholders’ rights to replace the Director. It also does not require the Director to remain in the service of the Company nor interfere with the Director’s right to terminate services at any time.
No Guarantee of Service. 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 right of the Board not to nominate the Director for reelection to the Board, the right of the Bank’s stockholder not to re-elect the Director, or the right of the stockholder or the Board to remove an individual as a director of the Bank. The Agreement also does not require the Director to remain a director or interfere with the Director’s right to terminate service at any time.
No Guarantee of Service. This Restricted Stock Agreement shall not confer upon Participant any right with respect to continuance of employment by the Company or any of its affiliates, nor shall it interfere in any way with any right the Company, or its directors or stockholders, would otherwise have to terminate such Participant’s employment at any time.
No Guarantee of Service. This Agreement does not give the Director the right to remain a member of the Bank’s Board of Directors, nor does it interfere with the Bank’s right to terminate the service of the Director. It also does not interfere with the Director’s right to terminate his or her service at any time.
No Guarantee of Service. Neither this Phantom Units Agreement nor the award of Phantom Units hereunder shall confer upon Participant any right with respect to continuance of employment or other service with Company or any Affiliate, nor shall it interfere in any way with any right Company or any Affiliate would otherwise have to terminate such Participant’s employment or other service at any time.
No Guarantee of Service. This Agreement is not a contract for services. It does not give the Director the right to remain a Director of Middlefield Bank, nor does the Agreement interfere with the rights of Middlefield Bank's stockholder(s) not to re-elect the Director or the right of the stockholder(s) or the board to remove an individual as a director of Middlefield Bank. The Agreement also does not require the Director to remain a director nor interfere with the Director's right to terminate service at any time.
No Guarantee of Service. The Option shall not confer upon Optionee any right with respect to continuance of employment or other service with Company or any Affiliate, nor shall it interfere in any way with any right Company or any Affiliate would otherwise have to terminate such Optionee’s employment or other service at any time.
No Guarantee of Service. This Split Dollar Agreement is not a service policy or contract. It does not give the Director the right to remain a director of the Company nor does it interfere with the right of the Company’s stockholders not to re-elect the Director or the right of stockholders or the board to remove an individual as a director of the Company. This Split Dollar Agreement also does not require the Director to remain a director or interfere with the Director’s right to terminate service at any time.
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.
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.
