Common use of Employment and Effective Date Clause in Contracts

Employment and Effective Date. The Company hereby employs Employee as the President and Chief Executive Officer of Bancshares and Bank, and Employee hereby accepts such employment, on the terms and conditions set forth below, to perform during the term of the Agreement such services as are required hereunder. The effective date of this Agreement shall be the date of execution by both parties hereof; provided, however, that the term shall commence January 1, 2006. (See paragraph 3.1, below.)

Employment and Effective Date. The Company hereby employs Employee as the President Chairman and Chief Executive Officer of Bancshares Bancorp and BankBank , and Employee hereby accepts such employment, on the terms and conditions set forth below, to perform during the term of the Agreement such services as are required hereunder. The effective date of this Agreement shall be the date of execution by both parties hereof; providedprovide, however, that the term shall commence January October 1, 20062004. (See paragraph 3.1, below.)

Employment and Effective Date. The Company hereby employs Employee as the President and Chief Executive Operating Officer of Bancshares Bancorp and Bank, and Employee hereby accepts such employment, on the terms and conditions set forth below, to perform during the term of the Agreement such services as are required hereunder. The effective date of this Agreement shall be the date of execution by both parties hereof; providedprovide, however, that the term shall commence January October 1, 20062004. (See paragraph 3.1, below.)