Common Contracts
5 similar Salary Continuation Agreement contracts by BNC Bancorp, Tidelands Bancshares Inc
Tidelands Bank Salary Continuation AgreementSalary Continuation Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This Salary Continuation Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008, by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Robert E. Coffee Jr., its President and Chief Executive Officer (the “Executive”). Whereas, the Executive has contributed substantially to the Bank’s success and the Bank desires that the Executive continue in its employ, Whereas, to encourage the Executive to remain an employee, the Bank is willing to provide to the Executive salary continuation benefits payable from the Bank’s general assets, Whereas, none of the conditions or events included in the definition of the term “golden parachute payment” that is set forth in section 18(k)(4)(A)(ii) of the Federal Deposit Insurance Act [12 U.S.C. 1828(k)(4)(A)(ii)] and in Federal Deposit Insurance Corporation Rule 359.1(f)(1)(ii) [12 CFR 359.1(f)(1)(ii)] exists or, to the best knowledge of the Bank, is contemplated insofar as the Bank is concerned, an
BANK OF NORTH CAROLINA AMENDED SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • December 27th, 2007 • BNC Bancorp • National commercial banks • North Carolina
This AMENDED SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this day of , 2007, by and between Bank of North Carolina, a North Carolina-chartered commercial bank (the “Bank”), and David B. Spencer, its Executive Vice President and Chief Financial Officer (the “Executive”).
BANK OF NORTH CAROLINA AMENDED SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • December 27th, 2007 • BNC Bancorp • National commercial banks • North Carolina
This AMENDED SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this day of , 2007 by and between Bank of North Carolina, a North Carolina-chartered commercial bank (the “Bank”), and W. Swope Montgomery Jr., its President and Chief Executive Officer (the “Executive”).
BANK OF NORTH CAROLINA AMENDED SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • December 27th, 2007 • BNC Bancorp • National commercial banks • North Carolina
This AMENDED SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this day of , 2007, by and between Bank of North Carolina, a North Carolina-chartered commercial bank (the “Bank”), and Ralph N. Strayhorn III, Executive Vice President and Chief Administrative Officer (the “Executive”).
BANK OF NORTH CAROLINA AMENDED SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • December 27th, 2007 • BNC Bancorp • National commercial banks • North Carolina
This AMENDED SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this day of , 2007, by and between Bank of North Carolina, a North Carolina-chartered commercial bank (the “Bank”), and Richard D. Callicutt II, its Executive Vice President and Chief Operating Officer (the “Executive”).
