Common Contracts

3 similar Employment Agreement contracts by First Bancorp /Pr/

AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2010 • First Bancorp /Pr/ • State commercial banks

This AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (this “Amendment”), is entered into and is effective as of October 27, 2009, by and between, on the one hand, FIRST BANCORP (the “Corporation”), a corporation organized under the laws of the Commonwealth of Puerto Rico (the “Commonwealth”), and FIRSTBANK PUERTO RICO (the “Bank”), a banking institution organized under the laws of the Commonwealth that is a wholly-owned subsidiary of the Corporation, and, on the other hand, Aurelio Alemán (the “Executive”), President and Chief Executive Officer of the Corporation.

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AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2010 • First Bancorp /Pr/ • State commercial banks

This AMENDMENT NO. 2 TO EMPLOYMENT AGREEMENT (this “Amendment”), is entered into and is effective as of October 27, 2009, by and between, on the one hand, FIRST BANCORP (the “Corporation”), a corporation organized under the laws of the Commonwealth of Puerto Rico (the “Commonwealth”), and FIRSTBANK PUERTO RICO (the “Bank”), a banking institution organized under the laws of the Commonwealth that is a wholly-owned subsidiary of the Corporation, and, on the other hand, Randolfo Rivera (the “Executive”), Executive Vice President of the Corporation.

AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2010 • First Bancorp /Pr/ • State commercial banks

This AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENT (this “Amendment”), is entered into and is effective as of October 27, 2009, by and between, on the one hand, FIRST BANCORP (the “Corporation”), a corporation organized under the laws of the Commonwealth of Puerto Rico (the “Commonwealth”), and FIRSTBANK PUERTO RICO (the “Bank”), a banking institution organized under the laws of the Commonwealth that is a wholly-owned subsidiary of the Corporation, and, on the other hand, Lawrence Odell (the “Executive”), Executive Vice President of the Corporation.

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