RECITALS:Executive Employment Agreement • November 15th, 1999 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
M&F BANCORP, INC. and AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC as Rights Agent RIGHTS AGREEMENT Dated as of September 23, 2014 M&F BANCORP, INC. SHAREHOLDER RIGHTS AGREEMENTRights Agreement • September 23rd, 2014 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
This SHAREHOLDER RIGHTS AGREEMENT, made and entered into as of September 23, 2014 (as amended, restated or otherwise modified from time to time in accordance herewith, this “Agreement”), by and between M&F Bancorp, Inc., a North Carolina corporation (together with its successors, the “Company”), and American Stock Transfer & Trust Company, LLC, a New York limited liability trust company, as Rights Agent (together with its permitted successors in such capacity, the “Rights Agent”).
RECITALSRetention Bonus Agreement • November 15th, 1999 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
Split Dollar Life Insurance Agreement with Lee Johnson, Jr. SPLIT DOLLAR LIFE INSURANCE AGREEMENT ENDORSEMENT METHODSplit Dollar Life Insurance Agreement • May 16th, 2005 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
THIS SPLIT DOLLAR LIFE INSURANCE AGREEMENT (“Agreement”) is made this 2nd day of September, 2003, between Mechanics and Farmers Bank, a bank organized and existing under the laws of the State of North Carolina (the “Bank”), and Lee Johnson, Jr., an executive employee of the Bank or one of its subsidiary corporations (the “Executive”).
AGREEMENT AND PLAN OF REORGANIZATION AND MERGER BY AND AMONG M&F BANCORP, INC., MECHANICS & FARMERS BANK AND MUTUAL COMMUNITY SAVINGS BANK, INC., SSB August 9, 2007Merger Agreement • August 10th, 2007 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
THIS AGREEMENT AND PLAN OF REORGANIZATION AND MERGER (the “Agreement”) is entered into as of the 9th day of August, 2007, by and among M&F BANCORP, INC. (“Bancorp”), MECHANICS & FARMERS BANK (“M&F Bank”), and MUTUAL COMMUNITY SAVINGS BANK, INC., SSB (“Mutual”).
AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • June 26th, 2009 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
WHEREAS, Kim D. Saunders (the “Executive”) is a party with M&F Bancorp, Inc. (the “Company”) and Mechanics and Farmers Bank, a wholly-owned subsidiary of the Company (the “Bank”), to an Employment Agreement, dated January 12, 2007 (the “Employment Agreement”);
SEPARATION AGREEMENT AND GENERAL RELEASESeparation Agreement • January 24th, 2007 • M&f Bancorp Inc /Nc/ • State commercial banks
This Separation Agreement and General Release (“Agreement”) is entered into between M&F Bancorp, Inc., a holding company and corporation organized under the laws of the State of North Carolina (“Bancorp”) and its subsidiary, Mechanics & Farmers Bank, a corporation organized under the laws of the State of North Carolina (the “Bank”) (collectively referred to as “Employer”), and Ronald Wiley (“Executive”).
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • January 18th, 2007 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT AGREEMENT, made and entered into this 12th day of January, 2007, between M&F Bancorp, Inc., a holding company organized and existing under the laws of the State of North Carolina (“Bancorp”), and its subsidiary, Mechanics & Farmers Bank duly organized and existing under the laws of the State of North Carolina (the “Bank”), (collectively referred to as “Employer”), and Kim D. Saunders (the “Executive”).
EXHIBIT 99Agreement of Reorganization and Plan of Exchange • September 13th, 1999 • M&f Bancorp Inc /Nc/
EMPLOYMENT AGREEMENTEmployment Agreement • August 14th, 2014 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT AGREEMENT, made and entered into this 11th day of August, 2014, between M&F Bancorp, Inc., a holding company organized and existing under the laws of the State of North Carolina (“Bancorp”), and its subsidiary, Mechanics & Farmers Bank, a commercial bank duly organized and existing under the laws of the State of North Carolina (the “Bank”) (collectively referred to as “Employer”), and James H. Sills III (the “Executive”).
1 Exhibit 10Employment Agreement • November 13th, 2000 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • September 27th, 2005 • M&f Bancorp Inc /Nc/ • State commercial banks
This Amendment (the “Amendment”) to the Employment Agreement dated May 9, 2005 (the “Employment Agreement”) is made by and between M&F Bancorp, Inc. (“M&F”), Mechanics and Farmers Bank (“Bank”) and Ronald Wiley (“Executive”) this 23rd day of September, 2005.
ContractExecutive Employment Agreement • May 13th, 2005 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT AGREEMENT, made and entered into this 9th day of May, 2005, between M & F Bancorp, Inc. (“M & F,”) a holding company, chartered in the State of North Carolina, and its one subsidiary, Mechanics & Farmers Bank (“the Bank,”) duly organized and existing under the laws of the State of North Carolina, with its principal office at 2634 Chapel Hill Boulevard, Durham, North Carolina, 27707 and Ronald Wiley (“the Executive”).
