Peoples Bancorp of North Carolina Inc Sample Contracts

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AMONG
Trust Agreement • December 20th, 2001 • Peoples Bancorp of North Carolina Inc • State commercial banks • Delaware
Exhibit 10(g)
Employment Agreement • March 28th, 2002 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina
December 23, 2008
Securities Purchase Agreement • December 29th, 2008 • Peoples Bancorp of North Carolina Inc • State commercial banks

Peoples Bancorp of North Carolina, Inc.(the “Company”) anticipates entering into a Securities Purchase Agreement (the “Participation Agreement”) with the United States Department of Treasury (the “Treasury”) that provides, among other things, for the purchase by the Treasury of securities issued by the Company. This purchase is anticipated to occur as part of the Company’s participation in the Treasury’s Troubled Asset Relief Program - Capital Purchase Program (the “CPP”).

UNDERWRITING AGREEMENT
Underwriting Agreement • June 21st, 2012 • Peoples Bancorp of North Carolina Inc • State commercial banks • New York
Peoples Bancorp of North Carolina, Inc. (a North Carolina corporation) 25,054 Shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A UNDERWRITING AGREEMENT
Underwriting Agreement • June 29th, 2012 • Peoples Bancorp of North Carolina Inc • State commercial banks • New York

Peoples Bancorp of North Carolina, Inc., a North Carolina corporation (the “Company”), Peoples Bank, a North Carolina chartered bank (the “Bank”) and the United States Department of the Treasury (the “Selling Shareholder”) each confirms its agreement with Merrill Lynch, Pierce, Fenner & Smith Incorporated (“Merrill Lynch”) and Sandler O’Neill & Partners, L.P. (“Sandler O’Neill,” and collectively with Merrill Lynch, the “Underwriters,” which term shall also include any underwriter substituted as hereinafter provided in Section 11 hereof), for whom Merrill Lynch and Sandler O’Neill are acting as Representatives (in such capacity, the “Representatives”), with respect to the sale by the Selling Shareholder and the purchase by the Underwriters, acting severally and not jointly, of the respective numbers of shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series A, no par value, of the Company (the “Preferred Stock”) set forth in Schedule A hereto. The aforesaid 25,054 shares of Pr

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • September 20th, 2024 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into effective as of the 19th day of September, 2024, by and among Peoples Bancorp of North Carolina, Inc., a North Carolina corporation (“Bancorp”), Peoples Bank, a North Carolina chartered commercial bank (the “Bank”) (Bancorp and the Bank are collectively referred to as the “Employer”), and William D. Cable, Sr. (“Executive”).

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • December 29th, 2008 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

This AMENDMENT TO EMPLOYMENT AGREEMENT (the “Amendment”) is made on the day of , 2008, between PEOPLES BANK, Newton, North Carolina, a North Carolina banking institution (the “Bank”), and JOSEPH F. BEAMAN, JR. (the “Employee”) and is joined in by PEOPLES BANCORP OF NORTH CAROLINA, INC., a North Carolina corporation (the “Holding Company”).

GUARANTEE AGREEMENT PEOPLES BANCORP OF NORTH CAROLINA, INC. Dated as of June 28, 2006
Guarantee Agreement • November 13th, 2006 • Peoples Bancorp of North Carolina Inc • State commercial banks • New York

This GUARANTEE AGREEMENT (the "Guarantee"), dated as of June 28, 2006, is executed and delivered by Peoples Bancorp of North Carolina, Inc., incorporated in North Carolina (the "Guarantor"), and LaSalle Bank National Association, as trustee (the "Guarantee Trustee"), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of PEBK Capital Trust II, a Delaware statutory trust (the "Issuer").

AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • December 29th, 2008 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

THIS AGREEMENT, made and entered into this day of , 2008, by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and Lance A. Sellers, a Key Employee and the Executive of the Bank, hereinafter referred to as “the Executive.”

AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • December 29th, 2008 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

THIS AGREEMENT, made and entered into this day of , 2008, by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and Joesph F. Beaman, Jr., a Key Employee and the Executive of the Bank, hereinafter referred to as “the Executive.”

EXHIBIT (10)(xxi) FIRST AMENDMENT TO AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 15th, 2018 • Peoples Bancorp of North Carolina Inc • State commercial banks

THIS FIRST AMENDMENT, made and entered into this 16th day of February, 2018, by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and Anthony J. Lampron, Jr., a Key Employee and Executive of the Bank, hereinafter referred to as “the Executive”.

Trust Indenture Junior Subordinated Act Section Indenture Section ----------- -----------------
Junior Subordinated Indenture • December 20th, 2001 • Peoples Bancorp of North Carolina Inc • State commercial banks • New York
SECOND AMENDMENT TO AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • September 20th, 2024 • Peoples Bancorp of North Carolina Inc • State commercial banks

THIS SECOND AMENDMENT, made and entered into this 19th day of September, 2024, by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and William D. Cable, Sr., a Key Employee and Executive of the Bank, hereinafter referred to as “the Executive”.

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • December 29th, 2008 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

This AMENDMENT TO EMPLOYMENT AGREEMENT (the “Amendment”) is made on the day of , 2008, between PEOPLES BANK, Newton, North Carolina, a North Carolina banking institution (the “Bank”), and A. JOSEPH LAMPRON (the “Employee”) and is joined in by PEOPLES BANCORP OF NORTH CAROLINA, INC., a North Carolina corporation (the “Holding Company”).

FIRST AMENDMENT TO EMPLOYMENT AND CHANGE OF CONTROL AGREEMENT
Employment and Change of Control Agreement • November 7th, 2023 • Peoples Bancorp of North Carolina Inc • State commercial banks

This First Amendment to the Employment and Change of Control Agreement by and among Peoples Bancorp of North Carolina, Inc. (the “Company”), Peoples Bank (the “Bank”) and the undersigned executive officer (the “Employment Agreement”) is made as of the 1st day of November, 2023 (the “Effective Date”).

FIRST AMENDMENT TO EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • September 20th, 2024 • Peoples Bancorp of North Carolina Inc • State commercial banks

THIS FIRST AMENDMENT, made and entered into this 19th day of September, 2024 by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and Jeffrey N. Hooper, a key employee and Executive of the Bank, hereinafter referred to as “the Executive”.

CAPITAL SECURITIES PURCHASE AGREEMENT June 26, 2006
Capital Securities Purchase Agreement • November 13th, 2006 • Peoples Bancorp of North Carolina Inc • State commercial banks • New York

THIS CAPITAL SECURITIES PURCHASE AGREEMENT (this "Purchase Agreement") is made among PEBK Capital Trust II, a statutory trust created under the laws of the State of Delaware (the "Trust"), Peoples Bancorp of North Carolina, Inc. (the "Company" and, collectively with the Trust, the "Offerors") and Bear, Stearns Securities Corp. (the "Purchaser").

EMPLOYMENT AGREEMENT
Employment Agreement • August 20th, 2021 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered as of the 19th day of August, 2021, by and among Peoples Bancorp of North Carolina, Inc., a North Carolina corporation (“Bancorp”), Peoples Bank, a North Carolina chartered commercial bank (the “Bank”) (Bancorp and the Bank are collectively referred to as the “Employer”), and Jeffrey N. Hooper (“Employee”).

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AMENDED AND RESTATED DIRECTOR SUPPLEMENTAL RETIREMENT AGREEMENT
Director Supplemental Retirement Agreement • December 29th, 2008 • Peoples Bancorp of North Carolina Inc • State commercial banks • North Carolina

THIS AGREEMENT, made and entered into this day of , 2008, by and between Peoples Bank, a bank organized and existing under the laws of the State of North Carolina (hereinafter referred to as the “Bank”), and member of the Board of Directors of the Bank (hereinafter referred to as the “Director”).

EXHIBIT (10)(xxii) FIRST AMENDMENT TO AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 15th, 2018 • Peoples Bancorp of North Carolina Inc • State commercial banks

THIS FIRST AMENDMENT, made and entered into this 16th day of February, 2018, by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and William D. Cable, Sr., a Key Employee and Executive of the Bank, hereinafter referred to as “the Executive”.

EXHIBIT (10)(xx) FIRST AMENDMENT TO AMENDED AND RESTATED EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • March 15th, 2018 • Peoples Bancorp of North Carolina Inc • State commercial banks

THIS FIRST AMENDMENT, made and entered into this 16th day of February, 2018, by and between Peoples Bank, a Bank organized and existing under the laws of the State of North Carolina, hereinafter referred to as “the Bank”, and Lance A. Sellers, a Key Employee and Executive of the Bank, hereinafter referred to as “the Executive”.

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