Exhibit 10.3
1999
1999 Consulting Agreement
Xxxxxx Xxxxxxx
Xx. Xxxxxx Xxxxxxx (a Director of Crescent Bank & Trust) of International Trade
Consultants, Inc. will provide consulting services to the Bank during the year
on an as needed basis in the following areas:
1. Product development in the consumer loan area.
2. General bank marketing.
3. Special consultations with the Chairman on general banking issues.
4. Consultations on specific loan approvals.
A $500.00 per month consulting fee will be paid to "International Trade
Consultants, Inc." for these services:
The fee will be mailed to following address:
International Trade Consultants, Inc.
0000 Xxxxxxx Xxxxxx
Xxxxx X
Xxx Xxxxxxx, XX 00000
This agreement will be submitted for review and approval by the Board of
Directors annually.
Approved by Board of Directors
/s/ Xxxxxx X. Xxxxxxx 12/16/98
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Xxxxxx X. Xxxxxxx Date
Secretary