Exhibit 10.r EMPLOYMENT AGREEMENT THIS AGREEMENT, dated and effective this 17th day of August, 1998, between FIRST BANCORP (a North Carolina corporation) (the "Company") and David G. Grigg (the "Employee"). References to the "Company" herein shall be...Employment Agreement • March 29th, 2000 • First Bancorp /Nc/ • State commercial banks • North Carolina
Exhibit 10.p Pages 147-153 EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT (this "Agreement"), dated and effective this 17th day of May, 2001, is by and between FIRST BANCORP, a North Carolina corporation (the "Company") and James G. Hudson, Jr. (the...Employment Agreement • April 1st, 2002 • First Bancorp /Nc/ • State commercial banks • North Carolina
Exhibit 10.s AMENDMENT AND WAIVER TO MERGER AGREEMENT THIS AMENDMENT AND WAIVER TO MERGER AGREEMENT (this "Amendment and Waiver"), dated as of March 24, 2000, is by and between: FIRST BANCORP, a North Carolina corporation and a holding company...Merger Agreement • May 15th, 2000 • First Bancorp /Nc/ • State commercial banks • North Carolina
WITNESSETHSettlement Agreement • March 21st, 1996 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT AGREEMENT (this "Agreement"), dated and effective this --------- 15th day of January, 2003, is by and between FIRST BANCORP, a North Carolina corporation (the "Company"), and R. Walton Brown (the "Employee"). References to -------...Employment Agreement • August 14th, 2003 • First Bancorp /Nc/ • State commercial banks • North Carolina
Exhibit 99.b EMPLOYMENT AGREEMENT THIS AGREEMENT, dated and effective this 17th day of August, 1998, between FIRST BANCORP (a North Carolina corporation) (the "Company") and JERRY L. OCHELTREE (the "Employee"). References to the "Company" herein shall...Employment Agreement • September 14th, 2005 • First Bancorp /Nc/ • State commercial banks • North Carolina
AMONG FIRST BANCORP ANDMerger Agreement • July 17th, 2002 • First Bancorp /Nc/ • State commercial banks • North Carolina
AMONGMerger Agreement • December 21st, 1999 • First Bancorp /Nc/ • State commercial banks • North Carolina
RECITALSPurchase and Assumption Agreement • November 14th, 2000 • First Bancorp /Nc/ • State commercial banks • North Carolina
Exhibit 10.n AMENDMENT TO ------------ EMPLOYMENT AGREEMENT -------------------- THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this "Amendment"), dated and effective this 8th day of March, 2005, is by and between FIRST BANCORP, a North Carolina corporation...Employment Agreement • March 15th, 2005 • First Bancorp /Nc/ • State commercial banks
Exhibit 10.e Pages 131-135 SAMPLE OF FIRST BANCORP SENIOR MANAGEMENT SPLIT- DOLLAR LIFE INSURANCE AGREEMENT STATE OF NORTH CAROLINA COUNTY OF MONTGOMERY SPLIT DOLLAR LIFE INSURANCE AGREEMENT This Agreement is entered into this ____ day of...Split-Dollar Life Insurance Agreement • April 1st, 2002 • First Bancorp /Nc/ • State commercial banks • North Carolina
Exhibit 10w. EMPLOYMENT AGREEMENT THIS AGREEMENT, dated and effective this 14th day of September, 2000, between FIRST BANCORP (a North Carolina corporation) (the "Company") and JOHN F. BURNS (the "Employee"). References to the "Company" herein shall...Employment Agreement • November 14th, 2000 • First Bancorp /Nc/ • State commercial banks • North Carolina
EXHIBIT 99.4 STOCK OPTION AGREEMENT STOCK OPTION AGREEMENT, dated as of December 15, 1999 (the "Agreement"), by and between FIRST BANCORP, a North Carolina corporation ("Issuer"), and FIRST SAVINGS BANCORP, INC., a North Carolina corporation...Stock Option Agreement • December 21st, 1999 • First Bancorp /Nc/ • State commercial banks • North Carolina
REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • December 26th, 2012 • First Bancorp /Nc/ • State commercial banks
This Registration Rights Agreement (this “Agreement”) is made and entered into as of December 21, 2012, by and among First Bancorp, a North Carolina corporation (the “Company”), and the several purchasers signatory hereto (each a “Purchaser” and collectively, the “Purchasers”).
PURCHASE AND ASSUMPTION AGREEMENT dated as of March 3, 2016 between First Bank and First Community BankPurchase and Assumption Agreement • March 7th, 2016 • First Bancorp /Nc/ • State commercial banks • North Carolina
This PURCHASE AND ASSUMPTION AGREEMENT, dated as of March 3, 2016 (this “Agreement”), between First Bank, a state-chartered banking corporation, organized under the laws of North Carolina, with its principal office located in Southern Pines, North Carolina (“First Bank” or “Seller”), and First Community Bank, a state-chartered banking corporation, organized under the laws of Virginia, with its principal office located in Bluefield, Virginia (“First Community” or “Purchaser”).
Exhibit 10(a) AMENDMENT TO EMPLOYMENT AGREEMENT THIS AMENDMENT TO EMPLOYMENT AGREEMENT (this "Amendment"), dated and effective this 26th day of April, 2005, is by and between FIRST BANCORP, a North Carolina corporation (the "Company") and James G....Employment Agreement • April 29th, 2005 • First Bancorp /Nc/ • State commercial banks • North Carolina
EXHIBIT 99.3 STOCK OPTION AGREEMENT STOCK OPTION AGREEMENT, dated as of December 15, 1999 (the "Agreement"), by and between FIRST SAVINGS BANCORP, INC., a North Carolina corporation ("Issuer"), and FIRST BANCORP, a North Carolina corporation...Stock Option Agreement • December 21st, 1999 • First Bancorp /Nc/ • State commercial banks • North Carolina
Exhibit 10(a) ADDENDUM TO EMPLOYMENT AGREEMENT THIS ADDENDUM TO EMPLOYMENT AGREEMENT (this "Addendum"), dated and effective this 26th day of April, 2005, is by and between FIRST BANCORP, a North Carolina corporation (the "Company") and James H. Garner...Employment Agreement • April 29th, 2005 • First Bancorp /Nc/ • State commercial banks
SMALL BUSINESS LENDING FUND – SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • September 6th, 2011 • First Bancorp /Nc/ • State commercial banks • New York
EXCHANGE AGREEMENT by and between FIRST BANCORP and CASTLE CREEK CAPITAL PARTNERS IV, LP Dated as of December 22, 2016Exchange Agreement • December 22nd, 2016 • First Bancorp /Nc/ • State commercial banks • New York
This EXCHANGE AGREEMENT is made and entered into as of December 22, 2016 (this “Agreement”) by and between First Bancorp, a North Carolina corporation (the “Company”), and Castle Creek Capital Partners IV, LP, a Delaware limited liability partnership (the “Investor”).
FORM OF DEPOSIT AGREEMENTDeposit Agreement • July 14th, 2023 • First Bancorp /Nc/ • State commercial banks
This DEPOSIT AGREEMENT (“Deposit Agreement”) is made and entered into as of , 20 , by and among First Bancorp, a North Carolina corporation, [ ], and all holders from time to time of Receipts (as hereinafter defined) issued hereunder.
SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • December 26th, 2012 • First Bancorp /Nc/ • State commercial banks • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of December 21, 2012, by and among First Bancorp, a North Carolina corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
EMPLOYMENT AGREEMENTEmployment Agreement • November 10th, 2014 • First Bancorp /Nc/ • State commercial banks • North Carolina
This Employment Agreement (the "Agreement") is made and entered into on November 7, 2014 (the "Effective Date"), by and between First Bancorp (the "Company"), and Eric P. Credle ("Employee"). References to the Company herein shall be deemed to refer to the Company and its subsidiaries, including First Bank, unless the context requires or the Agreement provides otherwise.
Exhibit 10.o SEVERANCE AND NONCOMPETITION AGREEMENT This AGREEMENT is made and entered into as of December 29, 1995, by and between FIRST BANCORP, a North Carolina corporation (the "Company"), and PATRICK A. MEISKY ("Meisky"). STATEMENT OF PURPOSE...Severance and Noncompetition Agreement • March 21st, 1996 • First Bancorp /Nc/ • State commercial banks • North Carolina
AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • January 28th, 2022 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered as of the Effective Date by and among First Bancorp (the “Company”) and First Bank (the “Bank” and collectively with the Company, the “Employer”) and Michael G. Mayer (“Executive”).
AGREEMENT AND PLAN OF MERGER AND REORGANIZATION By and Between CAROLINA BANK HOLDINGS, INC. and FIRST BANCORP June 21, 2016Merger Agreement • June 22nd, 2016 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS AGREEMENT AND PLAN OF MERGER AND REORGANIZATION (this “Agreement”) dated as of June 21, 2016 is by and between First Bancorp, a North Carolina corporation (“FBNC”), and Carolina Bank Holdings, Inc., a North Carolina corporation (“CLBH”). Capitalized terms used in this Agreement but not defined elsewhere herein shall have the meanings assigned to them in Section 10.1 hereof.
AGREEMENT AND PLAN OF MERGER AND REORGANIZATION By and Between GRANDSOUTH BANCORPORATION And FIRST BANCORP June 21, 2022Merger Agreement • June 21st, 2022 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS AGREEMENT AND PLAN OF MERGER AND REORGANIZATION (this “Agreement”) dated as of June 21, 2022, is by and between First Bancorp, a North Carolina corporation (“Buyer”), and GrandSouth Bancorporation, a South Carolina corporation (“GSB”). Capitalized terms used in this Agreement but not defined elsewhere herein shall have the meanings assigned to them in Section 10.1 hereof.
ContractMerger Agreement • June 1st, 2021 • First Bancorp /Nc/ • State commercial banks • North Carolina
ContractAdoption Agreement • March 1st, 2018 • First Bancorp /Nc/ • State commercial banks
NOTE: Execution of this Adoption Agreement creates a legal liability of the Employer with significant tax consequences to the Employer and Participants. Principal Life Insurance Company disclaims all liability for the legal and tax consequences which result from the elections made by the Employer in this Adoption Agreement.
AGREEMENT AND PLAN OF MERGER AND REORGANIZATION By and Between ASB BANCORP, INC. And FIRST BANCORP May 1, 2017Merger Agreement • May 1st, 2017 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS AGREEMENT AND PLAN OF MERGER AND REORGANIZATION (this “Agreement”) dated as of May 1, 2017, is by and between First Bancorp, a North Carolina corporation (“Buyer”), and ASB Bancorp, Inc., a North Carolina corporation (“ASBB”). Capitalized terms used in this Agreement but not defined elsewhere herein shall have the meanings assigned to them in Section 10.1 hereof.
LOAN PURCHASE AGREEMENTLoan Purchase Agreement • January 24th, 2013 • First Bancorp /Nc/ • State commercial banks • North Carolina
THIS LOAN PURCHASE AGREEMENT, is made and entered into as of January 23, 2013, (hereinafter referred to as the “Agreement”), by and between FIRST BANK, a North Carolina chartered banking corporation, as seller (hereinafter referred to as “Seller” or the “Bank”), and VIOLET PORTFOLIO, LLC, a Delaware limited liability company, as buyer (hereinafter referred to as “Buyer”).
Letterhead of Brooks, Pierce, McLendon, Humphrey, and Leonard, LLP]Agreement and Plan of Merger and Reorganization • September 19th, 2022 • First Bancorp /Nc/ • State commercial banks
Re: Agreement and Plan of Merger and Reorganization, dated as of June 21, 2022 (the "Agreement") by and between GrandSouth Bancorporation ("GSB") and First Bancorp ("FB") United States Federal Income Tax Consequences
FIRST AMENDMENT TO EMPLOYMENT AND CHANGE OF CONTROL AGREEMENTEmployment and Change of Control Agreement • November 7th, 2023 • First Bancorp /Nc/ • State commercial banks
This First Amendment to the Employment and Change of Control Agreement by and among First Bancorp (the “Company”), First Bank (the “Bank”) and the undersigned executive officer (the “Employment Agreement”) is made as of the 3rd day of October, 2023 (the “Effective Date”).
ContractBranch Purchase and Assumption Agreement • October 26th, 2011 • First Bancorp /Nc/ • State commercial banks • North Carolina
United States Department of the TreasurySecurities Purchase Agreement • September 6th, 2011 • First Bancorp /Nc/ • State commercial banks
Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms (the “Securities Purchase Agreement”), dated as of the date set forth on Schedule A hereto, between the United States Department of the Treasury (the “Investor”) and the company set forth on Schedule A hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement. Pursuant to the Securities Purchase Agreement, at the Closing, the Company issued to the Investor the number of shares of the series of its preferred stock set forth on Schedule A hereto (the “Preferred Shares”) and a warrant to purchase the number of shares of its common stock set forth on Schedule A hereto (the “Warrant”).
