ESCROW AGREEMENT ----------------Escrow Agreement • June 27th, 2002 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
SUBSCRIPTION AGREEMENT ----------------------Subscription Agreement • June 27th, 2002 • Crescent Financial Corp • Savings institution, federally chartered
Common Stock ($1.00 par value)Underwriting Agreement • May 3rd, 2002 • Crescent Financial Corp • Savings institution, federally chartered • Virginia
Exhibit 2 AGREEMENT AND PLAN OF REORGANIZATION AND MERGER by and betweenMerger Agreement • March 20th, 2003 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
Exhibit 1.2 CRESCENT FINANCIAL CORPORATION Shares of Common Stock ($1.00 par value) SELECTED DEALER AGREEMENT -------------------------Selected Dealer Agreement • May 3rd, 2002 • Crescent Financial Corp • Savings institution, federally chartered
GUARANTEE AGREEMENT Crescent Financial Corporation Dated as of August 27, 2003Guarantee Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • New York
This GUARANTEE AGREEMENT (the “Guarantee”), dated as of August 27, 2003, is executed and delivered by Crescent Financial Corporation, incorporated in North Carolina (the “Guarantor”), and Wells Fargo Bank, National Association, a national banking association with its principal place of business in the State of Delaware, 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 Crescent Financial Capital Trust I, a Delaware statutory trust (the “Issuer”).
Employment AgreementEmployment Agreement • March 27th, 2009 • Crescent Financial Corp • State commercial banks • North Carolina
This Employment Agreement (this “Agreement”) is entered into effective as of this 10 day of September, 2008 by and among Michael G. Carlton (the “Executive”), Crescent Financial Corporation, a North Carolina corporation (the “Corporation”), and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation (the “Bank”). The Corporation and the Bank are hereinafter sometimes referred to together or individually as the “Employer.”
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • January 30th, 2014 • Vantagesouth Bancshares, Inc. • State commercial banks
This Registration Rights Agreement (this “Agreement”) is made and entered into as of January 24, 2014, by and among VantageSouth Bancshares, Inc., a corporation organized under the laws of Delaware (the “Company”), and the several purchasers signatory hereto (each a “Purchaser” and collectively, the “Purchasers”).
AGREEMENT AND PLAN OF MERGER BY AND BETWEEN ECB BANCORP, INC. AND CRESCENT FINANCIAL BANCSHARES, INC. DATED AS OF SEPTEMBER 25, 2012Merger Agreement • September 25th, 2012 • Crescent Financial Bancshares, Inc. • State commercial banks • Delaware
This AGREEMENT AND PLAN OF MERGER is dated as of September 25, 2012 (this “Agreement”), by and between ECB Bancorp, Inc., a North Carolina corporation (“Seller”), and Crescent Financial Bancshares, Inc., a Delaware corporation (“Buyer”). Each of Buyer and Seller are referred to herein as a “Party” and, together, as the “Parties.”
Employment AgreementEmployment Agreement • March 27th, 2009 • Crescent Financial Corp • State commercial banks • North Carolina
This Employment Agreement (this “Agreement”) is entered into effective as of this 10 day of September, 2008 by and among Ray D. Vaughn (the “Executive”), Crescent Financial Corporation, a North Carolina corporation (the “Corporation”), and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation (the “Bank”). The Corporation and the Bank are hereinafter sometimes referred to together or individually as the “Employer.”
Crescent State Bank Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • March 11th, 2008 • Crescent Financial Corp • State commercial banks • North Carolina
This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 24th day of October, 2007 by and between Crescent State Bank, a North Carolina-chartered commercial bank (the “Bank”), and Ray Vaughn, an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • November 8th, 2011 • Crescent Financial Corp • State commercial banks • North Carolina
This EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) is entered into by and between Crescent State Bank (the “Bank”), a North Carolina-chartered bank and Thomas E. Holder, Jr. (the “Executive”) on this 23 day of February, 2011 to be effective as of the Effective Date (as defined herein).
Crescent State Bank Amended Salary Continuation AgreementSalary Continuation Agreement • March 11th, 2008 • Crescent Financial Corp • State commercial banks • North Carolina
This Amended Salary Continuation Agreement (this “Agreement”) is entered into as of this 24 day of October, 2007, by and between Crescent State Bank, a North Carolina-chartered bank (the “Bank”), and Thomas E. Holder Jr., its Senior Credit Officer (the “Executive”).
CRESCENT FINANCIAL CORPORATION (a North Carolina corporation) 805,000 Shares of Common Stock UNDERWRITING AGREEMENTUnderwriting Agreement • November 2nd, 2005 • Crescent Financial Corp • State commercial banks • New York
THIS UNDERWRITING AGREEMENT (this “Agreement”) is made and entered into this 27th day of October, 2005 by and between Crescent Financial Corporation, a North Carolina corporation (the “Company”), and Ryan Beck & Co, Inc. (the “Underwriter”). The Company hereby confirms its agreement with the Underwriter with respect to the issue and sale by the Company and the purchase by the Underwriter of 805,000 shares (the “Initial Securities”) of the Company’s $1.00 par value common stock (“Common Stock”). The Company also proposes to issue and sell to the Underwriter, at the Underwriter’s option, up to an additional 120,750 shares of Common Stock (the “Option Securities”) as set forth herein. The term “Securities” as used herein, unless indicated otherwise, shall mean the Initial Securities and the Option Securities.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • January 30th, 2014 • Vantagesouth Bancshares, Inc. • State commercial banks • North Carolina
This Securities Purchase Agreement (this “Agreement”) is dated as of January 24, 2014, by and among VantageSouth Bancshares, Inc., a corporation organized under the laws of Delaware (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
Exhibit 10.4 EMPLOYMENT AGREEMENT THIS AGREEMENT is entered into as of ____________, 200__ by and between CRESCENT STATE BANK, a North Carolina banking corporation (hereinafter referred to as the "Bank") and ______________ of ________, North Carolina...Employment Agreement • May 3rd, 2002 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
Amendment to Amended Salary Continuation AgreementSalary Continuation Agreement • November 8th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Amended Salary Continuation Agreement (this “Amendment”) is entered into effective as of this 23rd day of February, 2011 by and between Crescent State Bank, a North Carolina-chartered bank (the “Bank”), and Ray D. Vaughn (the “Executive”), and amends that certain Amended Salary Continuation Agreement effective as of September 10, 2008, among the aforesaid parties, as amended from time to time (the “Agreement”).
Amendment to Endorsement Split Dollar AgreementEndorsement Split Dollar Agreement • November 7th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Endorsement Split Dollar Agreement (this “Amendment”) is entered into effective as of this 2nd day of November, 2011 by and between Crescent State Bank, a North Carolina-chartered bank (the “Bank”), and Bruce W. Elder (the “Executive”), and amends that certain Endorsement Split Dollar Agreement effective as of October 1, 2003 among the aforesaid parties (the “Agreement”).
Exhibit 2 --------- AGREEMENT AND PLAN OF REORGANIZATION AND SHARE EXCHANGE THIS AGREEMENT AND PLAN OF REORGANIZATION AND SHARE EXCHANGE (this "Agreement"), made and entered into as of May 18, 2001, by and between Crescent State Bank, a banking...Agreement and Plan of Reorganization and Share Exchange • July 2nd, 2001 • Crescent Financial Corp • North Carolina
EMPLOYMENT AGREEMENTEmployment Agreement • September 1st, 2006 • Crescent Financial Corp • State commercial banks • North Carolina
This EMPLOYMENT AGREEMENT is entered into effective as of this 1st day of September, 2006, by and among John M. Franck (the “Executive”), Crescent Financial Corporation, a North Carolina corporation, and Port City Capital Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Port City Capital Bank are hereinafter sometimes referred to together or individually as “Employer.”
CRESCENT STATE BANK ENDORSEMENT SPLIT DOLLAR AGREEMENTEndorsement Split Dollar Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
THIS ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 1st day of October, 2003 by and between Crescent State Bank, a North Carolina-chartered commercial bank located in Cary, North Carolina (the “Bank”), and Thomas E. Holder, Jr., its Senior Vice President (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.
Amendment to Amended Salary Continuation AgreementSalary Continuation Agreement • March 29th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Amended Salary Continuation Agreement (this “Amendment”) is entered into effective as of this 31st day of December, 2010 by and between Crescent State Bank, a North Carolina-chartered bank (the “Bank”), and Bruce W. Elder (the “Executive”), and amends that certain Amended Salary Continuation Agreement effective as of October 24, 2007 among the aforesaid parties (the “Agreement”).
VOTING AGREEMENTVoting Agreement • November 7th, 2011 • Crescent Financial Corp • State commercial banks • North Carolina
VOTING AGREEMENT, dated as of October 31, 2011 (this “Agreement”), by and among Piedmont Community Bank Holdings, Inc., a Delaware corporation (“Investor”), and Jon S. Rufty (the “Shareholder”).
CRESCENT STATE BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
THIS SALARY CONTINUATION AGREEMENT (this “Agreement”) is made and entered into as of this 1st day of October, 2003, by and between Crescent State Bank, a North Carolina-chartered commercial bank (the “Bank”), and Bruce W. Elder, its Senior Vice President (the “Executive”).
FIRST AMENDMENT TO THE AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • April 25th, 2014 • Vantagesouth Bancshares, Inc. • State commercial banks • Delaware
This FIRST AMENDMENT TO THE AGREEMENT AND PLAN OF MERGER, dated April 22, 2014 (this “Amendment”) amends that certain Agreement and Plan of Merger (the “Merger Agreement”), dated as of January 27, 2014, by and among Yadkin Financial Corporation (“Yadkin”), VantageSouth Bancshares, Inc. (“VantageSouth”), and Piedmont Community Bank Holdings, Inc. (“Piedmont”), pursuant to which VantageSouth and Piedmont will each merge with and into Yadkin.
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • March 30th, 2012 • Crescent Financial Bancshares, Inc. • State commercial banks • North Carolina
This Separation and Release Agreement (this “Agreement”) is made as of this 27th day of January, 2012, by and between Crescent State Bank (the “Bank”), a North Carolina-chartered bank and Thomas E. Holder, Jr. (the “Executive”), a resident of the State of North Carolina.
AGREEMENT AND PLAN OF MERGER BY AND AMONG YADKIN FINANCIAL CORPORATION, VANTAGESOUTH BANCSHARES, INC., AND PIEDMONT COMMUNITY BANK HOLDINGS, INC. DATED AS OF JANUARY 27, 2014Merger Agreement • January 30th, 2014 • Vantagesouth Bancshares, Inc. • State commercial banks • Delaware
This AGREEMENT AND PLAN OF MERGER is dated as of January 27, 2014 (this “Agreement”), by and among Yadkin Financial Corporation, a North Carolina corporation (“Yadkin”), VantageSouth Bancshares, Inc., a Delaware corporation (“Vantage”), and Piedmont Community Bank Holdings, Inc., a Delaware corporation (“Piedmont”). Each of Vantage, Yadkin and Piedmont are referred to herein as a “Party” and, together, as the “Parties.”
SEPARATION AND RELEASE AGREEMENTSeparation and Release Agreement • March 30th, 2012 • Crescent Financial Bancshares, Inc. • State commercial banks • North Carolina
This Separation and Release Agreement (this “Agreement”) is made as of this 30th day of January, 2012, by and among Crescent Financial Bancshares, Inc. (the “Company”), a Delaware corporation and successor to Crescent Financial Corporation, a North Carolina corporation; Crescent State Bank (the “Bank”), a North Carolinas chartered bank (the Company and the Bank are collectively referred to herein as the “Employer”); and Michael G. Carlton, a resident of the State of North Carolina (the “Executive”).
PARTIAL WAIVER OF VOTING AGREEMENTPartial Waiver of Voting Agreement • November 17th, 2011 • Crescent Financial Bancshares, Inc. • State commercial banks • North Carolina
This Partial Waiver of Voting Agreement (“Agreement”) is entered into this 16th day of November, 2011, by and between Piedmont Community Bank Holdings, Inc., a Delaware corporation (“Piedmont”), and Jon S. Rufty (the “Shareholder”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
This EMPLOYMENT AGREEMENT is entered into effective as of this 31st day of December, 2003, by and among Thomas E. Holder, Jr. (the “Executive”), Crescent Financial Corporation, a North Carolina Corporation, and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Crescent State Bank are hereinafter sometimes referred to together or individually as “Crescent.”
Crescent State Bank Second Amended Salary Continuation AgreementSalary Continuation Agreement • March 27th, 2009 • Crescent Financial Corp • State commercial banks • North Carolina
This Second Amended Salary Continuation Agreement (this “Agreement”) is entered into as of this 10 day of September, 2008 by and between Crescent State Bank, a North Carolina-chartered commercial bank (the “Bank”), and Michael G. Carlton, its Chief Executive Officer (the “Executive”).
Amendment to Employment AgreementEmployment Agreement • March 29th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Employment Agreement (this “Amendment”) is entered into effective as of this 31st day of December, 2010 by and among Thomas E. Holder, Jr. (the “Executive”), Crescent Financial Corporation, a North Carolina corporation (the “Corporation”), and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation (the “Bank”) and amends that certain Employment Agreement effective as of September 10, 2008 among the aforesaid parties (the “Agreement”). The Corporation and the Bank are hereinafter sometimes referred to together or individually as the “Employer.”
Amendment to Second Amended Salary Continuation AgreementSalary Continuation Agreement • March 29th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Second Amended Salary Continuation Agreement (this “Amendment”) is entered into effective as of this 31st day of December, 2010 by and between Crescent State Bank, a North Carolina-chartered bank (the “Bank”), and Michael G. Carlton (the “Executive”), and amends that certain Second Amended Salary Continuation Agreement effective as of September 10, 2008 among the aforesaid parties (the “Agreement”).
Amendment to Employment AgreementEmployment Agreement • March 29th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Employment Agreement (this “Amendment”) is entered into effective as of this 31st day of December, 2010 by and among W. Keith Betts (the “Executive”), Crescent Financial Corporation, a North Carolina corporation (the “Corporation”), and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation (the “Bank”) and amends that certain Employment Agreement effective as of December 29, 2008 among the aforesaid parties (the “Agreement”). The Corporation and the Bank are hereinafter sometimes referred to together or individually as the “Employer.”
EMPLOYMENT AGREEMENTEmployment Agreement • March 28th, 2006 • Crescent Financial Corp • State commercial banks • North Carolina
THIS AGREEMENT is entered into as of February 28, 2006 by and between CRESCENT STATE BANK, a North Carolina banking corporation (hereinafter referred to as the “Bank”) and Ray Vaughn of Cary, North Carolina (hereinafter referred to as the “Officer”).
