SUBSCRIPTION AGREEMENTSubscription Agreement • July 31st, 2002 • New Peoples Bankshares Inc • State commercial banks
INTRODUCTIONSalary Continuation Agreement • March 31st, 2003 • New Peoples Bankshares Inc • State commercial banks • Virginia
ARTICLE I DefinitionsStock Option Plan • April 1st, 2002 • New Peoples Bankshares Inc • State commercial banks
Investment Banking Group Suite 410 Richmond, VA 23219 October 29, 2010 (804) 649-0990 (Fax)Investment Banking Agreement • August 14th, 2012 • New Peoples Bankshares Inc • State commercial banks • Virginia
Scott & Stringfellow, LLC (“S&S”) is pleased to set forth in this letter (the “Agreement”) the terms of the exclusive engagement by New Peoples Bankshares, Inc. (the “Company”) of S&S related to providing financial advisory and investment banking services in connection with certain strategic assessments and transactions, which may include an offering of the Company’s common stock to investors (the “Offering”), the terms of which are discussed herein. It is intended that the Offering will initially consist of a private placement of such common stock with qualified investors identified by the Company (“Company Investors”) and other qualified investors identified by S&S (“S&S Investors”) with priority in the case of over-subscription given to Company Investors In the event that insufficient subscriptions are obtained from the private placement process, the Company may elect to offer pursuant to this Agreement additional common stock in a public offering, including a rights offering to exi
NEW PEOPLES BANKSHARES, INC. FORM OF INCENTIVE STOCK OPTION AGREEMENTIncentive Stock Option Agreement • November 30th, 2004 • New Peoples Bankshares Inc • State commercial banks • Virginia
THIS AGREEMENT dated as of the day of , 200 , between NEW PEOPLES BANKSHARES, INC., a Virginia corporation (the “Company”), and (“Optionee”), is made pursuant and subject to the provisions of the Company’s 2001 Stock Option Plan (the “Plan”). All terms used herein that are defined in the Plan have the same meaning given them in the Plan.
SEPARATION AGREEMENT & RELEASESeparation Agreement • August 17th, 2009 • New Peoples Bankshares Inc • State commercial banks • Virginia
This Separation Agreement & Release (“Agreement”) is entered into, on this 29th day of June, 2009, by and between New Peoples Bankshares, Inc. and subsidiaries ("the Company") and Kenneth D. Hart ("the Executive").
NEW PEOPLES BANKSHARES, INC. FORM OF NON-EMPLOYEE DIRECTOR NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • November 30th, 2004 • New Peoples Bankshares Inc • State commercial banks • Virginia
THIS AGREEMENT dated as of , between New Peoples Bankshares, Inc., a Virginia corporation (the “Company”), and (the “Optionee”), is made pursuant and subject to the provisions of the Company’s 2001 Incentive Plan, as amended from time to time (the “Plan”). All terms used herein that are defined in the Plan shall have the same meanings given them in the Plan.
FIRST AMENDMENT TO THE NEW PEOPLES BANK, INC. SALARY CONTINUATION AGREEMENT DATED DECEMBER 18, 2002 FOR KENNETH D. HARTSalary Continuation Agreement • March 31st, 2005 • New Peoples Bankshares Inc • State commercial banks
THIS AMENDMENT executed on this 30th day of June, 2003, by and between the NEW PEOPLES BANK, INC., a state chartered commercial bank located in Honaker, Virginia (the “Company”), and KENNETH D. HART (the “Executive”)
NEW PEOPLES BANK, INC. SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • March 31st, 2005 • New Peoples Bankshares Inc • State commercial banks • Virginia
THIS AGREEMENT is adopted this 18th day of December, 2002, by and between NEW PEOPLES BANK, INC., a state chartered commercial bank located in Honaker, Virginia (the “Company”), and FRANK SEXTON, JR. (the “Executive”).
NEW PEOPLES BANKSHARES, INC. LONG-TERM CASH INCENTIVE PLANLong-Term Cash Incentive Plan Award Agreement • March 2nd, 2023 • New Peoples Bankshares Inc • State commercial banks • Virginia
THIS AWARD AGREEMENT (this “Agreement”) is dated this ____ day of __________,[1] (the “Date of Grant”), by and between New Peoples Bankshares, Inc., a Virginia financial holding company (the “Company”), and _________ (the “Participant”).
EMPLOYMENT AGREEMENTEmployment Agreement • December 2nd, 2016 • New Peoples Bankshares Inc • State commercial banks • Virginia
This Employment Agreement (this “Agreement”) is made and entered into as of December 1, 2016 (the “Effective Date”), by and among New Peoples Bankshares, Inc., a Virginia bank holding corporation (the “Company”), New Peoples Bank, Inc., a Virginia bank (the “Bank” and, together with the Company, “New Peoples”), and C. Todd Asbury (“Executive”).
UNITED STATES OF AMERICA BEFORE THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM WASHINGTON, D.C. STATE CORPORATION COMMISSION BUREAU OF FINANCIAL INSTITUTIONS RICHMOND, VIRGINIAWritten Agreement • August 6th, 2010 • New Peoples Bankshares Inc • State commercial banks
WHEREAS, in recognition of their common goal to maintain the financial soundness of New Peoples Bankshares, Inc., Honaker, Virginia (“NPBI”), a registered bank holding company, and its subsidiary bank, New Peoples Bank, Inc., Honaker, Virginia (the “Bank”), a state-chartered bank that is a member of the Federal Reserve System, NPBI, the Bank, the Federal Reserve Bank of Richmond (the “Reserve Bank”), and the State Corporation Commission Bureau of Financial Institutions (the “Bureau”) have mutually agreed to enter into this Written Agreement (the “Agreement”); and
FIRST AMENDMENT TO THE NEW PEOPLES BANK, INC. SALARY CONTINUATION AGREEMENT DATED DECEMBER 18, 2002 FOR FRANK SEXTON, JR.Salary Continuation Agreement • March 31st, 2005 • New Peoples Bankshares Inc • State commercial banks
THIS AMENDMENT executed on this 30th day of June, 2003, by and between the NEW PEOPLES BANK, INC., a state chartered commercial bank located in Honaker, Virginia (the “Company”), and FRANK SEXTON, JR. (the “Executive”)
WARRANT AGREEMENTWarrant Agreement • May 18th, 2012 • New Peoples Bankshares Inc • State commercial banks • New Jersey
THIS WARRANT AGREEMENT, dated as of this day of , 2012 by and between NEW PEOPLES BANKSHARES, INC., a Virginia corporation (the “Company”), and REGISTRAR AND TRANSFER COMPANY, a New Jersey corporation (the “Warrant Agent”).
PURCHASE AND ASSUMPTION AGREEMENT Between FNB SOUTHEAST (“Seller”) andPurchase and Assumption Agreement • April 17th, 2007 • New Peoples Bankshares Inc • State commercial banks • Virginia
THIS PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) is entered into as of April 13, 2007 between FNB Southeast, a North Carolina chartered bank having its principal offices in Reidsville, North Carolina (“Seller”), and New Peoples Bank, a Virginia chartered bank having its principal offices in Honaker, Virginia (“Purchaser”):
SUBSCRIPTION AGENT AGREEMENTSubscription Agent Agreement • March 29th, 2012 • New Peoples Bankshares Inc • State commercial banks • New Jersey
THIS SUBSCRIPTION AGENT AGREEMENT (“Agreement”) between New Peoples Bankshares, Inc. (the “Company”), and Registrar and Transfer Company, a New Jersey corporation (the “Agent”), is dated as of , 2012.
