No Guarantee of Service. This Plan is not a contract for director services. It does not give the Participant the right to remain a director of the Company, nor does it interfere with the Company’s right to remove the Participant. It also does not require the Participant to remain a director nor interfere with the Participant’s right to terminate his or her directorship at any time.
Appears in 2 contracts
Sources: Director Group Term Replacement Plan (Codorus Valley Bancorp Inc), Director Group Term Replacement Plan (Codorus Valley Bancorp Inc)
No Guarantee of Service. This Plan is not a contract for director servicesservice. It does not give the Participant the right to remain as a director of the CompanyCorporation, nor does it interfere with the Company’s Corporation's right to remove discharge the Participant. It also does not require the Participant to remain a director nor interfere with the Participant’s 's right to terminate his or her directorship service at any time.
Appears in 2 contracts
Sources: Director Deferred Compensation Plan (Choiceone Financial Services Inc), Director Deferred Compensation Plan (Choiceone Financial Services Inc)
No Guarantee of Service. This Plan is not a contract for director services. It does not give the Participant the right to remain a director of the Company, nor does it interfere with the Company’s 's right to remove the Participant. It also does not require the Participant to remain a director nor interfere with the Participant’s 's right to terminate his or her directorship at any time.
Appears in 1 contract
Sources: Director Group Term Replacement Plan (Codorus Valley Bancorp Inc)