Common Contracts

2 similar Severance Agreement contracts by Midcarolina Financial Corp

SEVERANCE AGREEMENT
Severance Agreement • March 29th, 2006 • Midcarolina Financial Corp • State commercial banks • North Carolina

This SEVERANCE AGREEMENT (this “Agreement”) is entered into as of this 11th day of March, 2005, by and between MidCarolina Financial Corporation, a North Carolina corporation (“MidCarolina”), and Christopher B. Redcay, Chief Financial Officer (the “Executive”) of MidCarolina Bank, a North Carolina-chartered bank and wholly owned subsidiary of MidCarolina (the “Bank”).

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SEVERANCE AGREEMENT
Severance Agreement • March 29th, 2006 • Midcarolina Financial Corp • State commercial banks • North Carolina

This SEVERANCE AGREEMENT (this “Agreement”) is entered into as of this 11th day of March, 2005, by and between MidCarolina Financial Corporation, a North Carolina corporation (“MidCarolina”), and Charles T. Canaday, Executive Vice President and Chief Operating Officer (the “Executive”) of MidCarolina Bank, a North Carolina-chartered bank and wholly owned subsidiary of MidCarolina (the “Bank”).

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