1st Financial Services CORP Sample Contracts
EMPLOYMENT AGREEMENTEmployment Agreement • February 2nd, 2009 • 1st Financial Services CORP • State commercial banks • North Carolina
This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of this 29th day of January, 2009 , by and among 1st Financial Services Corporation, a North Carolina corporation (the “Corporation”), Mountain 1st Bank & Trust Company, a North Carolina-chartered bank and wholly owned subsidiary of the Corporation (the “Bank”), and Roger A. Mobley (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
Standard Contracts
MOUNTAIN 1ST BANK & TRUST COMPANY AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENTEndorsement Split Dollar Agreement • February 2nd, 2009 • 1st Financial Services CORP • State commercial banks • North Carolina
This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 30th day of January, 2009 by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the “Bank”), and Kirk P. Robinson, 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.
INDEMNIFICATION AGREEMENTIndemnification Agreement • February 2nd, 2009 • 1st Financial Services CORP • State commercial banks • North Carolina
This Indemnification Agreement made this 29th day of January, 2009, between 1st Financial Services Corporation, a North Carolina corporation (the “Corporation”) and Roger A. Mobley, a director, officer, employee, agent, or representative (as hereinafter defined) of the Corporation (the “Indemnitee”).
SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • May 30th, 2008 • 1st Financial Services CORP • North Carolina
This SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this 26th day of March, 2008, by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the “Bank”), and Gregory L. Gibson, its Chief Executive Officer (the “Executive”).
AGREEMENT AND PLAN OF MERGER BY AND BETWEEN 1ST FINANCIAL SERVICES CORPORATION AND AB&T FINANCIAL CORPORATION February 16, 2009Merger Agreement • February 17th, 2009 • 1st Financial Services CORP • State commercial banks • North Carolina
THIS AGREEMENT AND PLAN OF MERGER (hereinafter called “Agreement”) is entered into as of the 16th day of February, 2009, by and between 1st FINANCIAL SERVICES CORPORATION (“1st Financial”) and AB&T FINANCIAL CORPORATION (“AB&T”).
EMPLOYMENT AGREEMENTEmployment Agreement • May 5th, 2010 • 1st Financial Services CORP • State commercial banks • North Carolina
This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of the 27th day of April, 2010 by and among 1st Financial Services Corporation, a North Carolina corporation (the “Corporation”), Mountain 1st Bank & Trust Company, a North Carolina-chartered bank and wholly owned subsidiary of the Corporation (the “Bank”), and Holly L. Schreiber (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
STATE OF NORTH CAROLINA COUNTY OF HENDERSONDirector Stock Option Agreement • May 30th, 2008 • 1st Financial Services CORP • North Carolina
THIS DIRECTOR STOCK OPTION AGREEMENT (the “Agreement”) is made as of this day of , 200 (the “Date of Grant”), by and between MOUNTAIN 1ST BANK & TRUST COMPANY, a North Carolina banking corporation (the “Bank”), and , a resident of County, North Carolina (the “Optionee”).
June 19, 2009Agreement and Plan of Merger • June 19th, 2009 • 1st Financial Services CORP • State commercial banks
On February 16, 2009, 1st Financial Services Corporation (“1st Financial”) entered into an Agreement and Plan of Merger (“Agreement”) with AB&T Financial Corporation (“AB&T”) pursuant to which AB&T will merge with and into 1st Financial (the “Merger”). The Board of Directors of 1st Financial approved the Agreement and the transactions contemplated in it on February 13, 2009. The Board of Directors of AB&T approved the Agreement and the transactions contemplated in it on February 12, 2009.
AMENDMENT AND ACKNOWLEDGEMENT AGREEMENTEmployment Agreement • October 15th, 2013 • 1st Financial Services CORP • State commercial banks
1st Financial Services Corporation (the “Company”), Mountain 1st Bank & Trust Company (the “Bank”) and Vincent K. Rees (the “Employee”) agree as follows:
STATE OF NORTH CAROLINALease Agreement • March 27th, 2009 • 1st Financial Services CORP • State commercial banks
THIS LEASE AGREEMENT is made and entered into this 5 day of August 200_, by and between McMANUS DEVELOPMENT LLC, hereinafter referred to as LESSOR, and MOUNTAIN 1ST BANK AND TRUST, hereinafter referred to as LESSEE.
STATE OF NORTH CAROLINA COUNTY OFEmployee Stock Option Agreement • May 30th, 2008 • 1st Financial Services CORP • North Carolina
THIS EMPLOYEE STOCK OPTION AGREEMENT (the “Agreement”) is made as of the day of , 200 (the “Date of Grant”), by and between MOUNTAIN 1ST BANK & TRUST COMPANY, a North Carolina banking corporation (the “Bank”), and , a resident of County, North Carolina (the “Optionee”).
ContractAgreement and Plan of Reorganization and Share Exchange • May 30th, 2008 • 1st Financial Services CORP
Agreement and Plan of Merger As Amended and Restated By and Among 1st Financial Services Corporation Mountain 1st Bank & Trust Company and First-Citizens Bank & Trust Company Effective as of August 28, 2013Agreement and Plan of Merger • October 15th, 2013 • 1st Financial Services CORP • State commercial banks • North Carolina
Page 2.01. Nature of Transaction 6 2.02. Effect of Merger; Surviving Corporation 6 2.03. Assets and Liabilities of 1st Financial and Mountain 1st 6 2.04. Conversion and Exchange of Stock 7 (a) Conversion of 1st Financial Stock and Stock Rights 7 (b) Cancellation of Mountain 1st Stock 7 (c) Treatment of 1st Financial Stock Options 8 (d) Exchange and Payment Procedures; Surrender of Certificates 8 (e) Lost Certificates 9 (f) Antidilutive Adjustments 10 (g) Dissenters 10 2.05. Articles of Incorporation, Bylaws, and Management 10 2.06. Closing; Effective Time 10
LETTER LOAN AGREEMENT - LINE OF CREDITLetter Loan Agreement - Line of Credit • June 30th, 2008 • 1st Financial Services CORP • State commercial banks • North Carolina
This letter sets forth the terms and conditions under which Branch Banking and Trust Company (“Bank”) shall make to 1st Financial Services Corporation (“Borrower”) the following loan:
AGREEMENT AND PLAN OF MERGER BY AND BETWEEN 1ST FINANCIAL SERVICES CORPORATION AND AB&T FINANCIAL CORPORATION February 16, 2009Merger Agreement • March 27th, 2009 • 1st Financial Services CORP • State commercial banks • North Carolina
THIS AGREEMENT AND PLAN OF MERGER (hereinafter called “Agreement”) is entered into as of the 16th day of February, 2009, by and between 1st FINANCIAL SERVICES CORPORATION (“1st Financial”) and AB&T FINANCIAL CORPORATION (“AB&T”).
SECURITIES PURCHASE AGREEMENT by and among THE UNITED STATES DEPARTMENT OF THE TREASURY, FIRST-CITIZENS BANK & TRUST COMPANY and 1ST FINANCIAL SERVICES CORPORATION Dated as of October 15, 2013Securities Purchase Agreement • October 15th, 2013 • 1st Financial Services CORP • State commercial banks • New York
THIS SECURITIES PURCHASE AGREEMENT (as amended, supplemented or otherwise modified from time to time, this “Agreement”) is dated as of October 15, 2013, by and among the United States Department of the Treasury (the “Seller”), First-Citizens Bank & Trust Company, a state-chartered bank organized under the laws of the State of North Carolina (the “Purchaser”) and 1st Financial Services Corporation, a North Carolina corporation (the “Company”).
STATE OF NORTH CAROLINALease Amendment • March 27th, 2009 • 1st Financial Services CORP • State commercial banks
THIS LEASE AMENDMENT, made and entered into this the 23 day of February, 2009, by and between MCMANUS DEVELOPMENT, LLC., A NC Limited Liability Company, Lessor and MOUNTAIN 1ST BANK AND TRUST, Lessee;
AGREEMENT AND PLAN OF REORGANIZATION AND SHARE EXCHANGE BY AND BETWEEN MOUNTAIN 1ST BANK & TRUST COMPANY AND 1ST FINANCIAL SERVICES CORPORATIONReorganization and Share Exchange Agreement • May 30th, 2008 • 1st Financial Services CORP • North Carolina
THIS AGREEMENT AND PLAN OF REORGANIZATION AND SHARE EXCHANGE (the “Agreement”) is entered into as of the 15th day of May, 2007, by and between MOUNTAIN 1ST BANK & TRUST COMPANY (“Mountain 1st”) and 1ST FINANCIAL SERVICES CORPORATION (the “Corporation”).
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • June 30th, 2008 • 1st Financial Services CORP • State commercial banks • North Carolina
THIS PLEDGE AND SECURITY AGREEMENT (““Agreement”) is made this 25th day of June, 2008, by 1st FINANCIAL SERVICES CORPORATION, a North Carolina bank holding company (the “Pledgor”) for the benefit of BRANCH BANKING AND TRUST COMPANY, a North Carolina banking corporation (the “Bank”).
Agreement and Plan of MergerMerger Agreement • August 28th, 2013 • 1st Financial Services CORP • State commercial banks • North Carolina
This Agreement and Plan of Merger (the "Agreement") is entered into as of the 28th day of August, 2013, by and among 1st Financial Services Corporation ("1st Financial"), Mountain 1st Bank & Trust Company ("Mountain 1st"), and First-Citizens Bank & Trust Company ("FCB").
INDEPENDENT CONTRACTOR CONSULTING AGREEMENTIndependent Contractor Consulting Agreement • September 3rd, 2013 • 1st Financial Services CORP • State commercial banks • North Carolina
This Consulting Agreement (“Agreement”) is entered into effective August 14, 2013, by and among 1st Financial Services Corporation and Mountain 1st Bank and Trust Company, each a North Carolina corporation with a principal place of business at 101 Jack Street, Hendersonville, North Carolina 28792 (collectively “Mountain 1st”) and Go Beyond Success, LLC, a Delaware limited liability company whose principal place of business is at XXXXXXX (“Consultant”).
SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • May 30th, 2008 • 1st Financial Services CORP • North Carolina
This SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this 26th day of March, 2008, by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the “Bank”), and Vincent K. Rees, its President (the “Executive”).
1ST FINANCIAL SERVICES CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENTNon-Qualified Stock Option Agreement • February 2nd, 2009 • 1st Financial Services CORP • State commercial banks
1st Financial Services Corporation, a North Carolina corporation, hereby grants to Roger A. Mobley (the “Optionee”) an option (the “Option”) to purchase the total number of shares of 1st Financial Services Corporation common stock, par value $5.00 per share, set forth in the attached Notice of Grant effective January 26, 2009 (the “Notice of Grant”), at the price specified in the Notice of Grant, subject in all respects to the terms, definitions, and provisions of the 2008 Omnibus Equity Plan (the “Plan”) adopted by 1st Financial Services Corporation, which is incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings herein.
STATE OF NORTH CAROLINA LEASE AGREEMENT COUNTY OF MCDOWELLLease Agreement • March 30th, 2010 • 1st Financial Services CORP • State commercial banks • North Carolina
THIS LEASE AGREEMENT, dated December , 2005, is entered into by and between GREAT MEADOWS, INC., a North Carolina corporation (“Landlord”); and MOUNTAIN 1ST BANK & TRUST COMPANY, a North Carolina banking corporation (“Tenant”).
Written Agreement by and between 1st FINANCIAL SERVICES CORPORATION Hendersonville, North Carolina and FEDERAL RESERVE BANK OF RICHMOND Richmond, Virginia Docket No. 10-177-WA/RB-HCWritten Agreement • October 25th, 2010 • 1st Financial Services CORP • State commercial banks
WHEREAS, 1st Financial Services Corporation, Hendersonville, North Carolina (“1st Financial”), a registered bank holding company, owns and controls Mountain 1st Bank & Trust Company, Hendersonville, North Carolina (the “Bank”), a state nonmember bank;
