EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 25th, 2014 • YADKIN FINANCIAL Corp • State commercial banks • North Carolina
Contract Type FiledApril 25th, 2014 Company Industry JurisdictionThis Executive Employment Agreement (“Agreement”), signed as of April 23, 2014, is entered into by and among: (a) Yadkin Financial Corporation (“Yadkin Financial”), a North Carolina corporation, and Yadkin Bank, a state bank chartered under the laws of North Carolina; and (b) Joseph H. Towell (“Executive”), a resident of Davie County, North Carolina. This Agreement supersedes and replaces in its entirety the Amended and Restated Employment Agreement, dated December 20, 2008, as amended by that Amendment dated November 24, 2010 each between Yadkin Bank and the Executive (the “Prior Employment Agreement”), and takes effect on the consummation of the Mergers (the “Effective Date”) referenced below; provided, however, that in the event this Agreement becomes void because of a failure to consummate the Mergers, the Prior Employment Agreement shall remain in full force and effect. The Executive hereby waives any right or entitlement to any severance payments, compensation, monies, or benefit
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 25th, 2014 • YADKIN FINANCIAL Corp • State commercial banks • North Carolina
Contract Type FiledApril 25th, 2014 Company Industry JurisdictionThis Executive Employment Agreement (“Agreement”), signed as of April 23, 2014, is entered into by and among: (a) Yadkin Financial Corporation (“Yadkin Financial”), a North Carolina corporation, and Yadkin Bank, a state bank chartered under the laws of North Carolina; and (b) Steven W. Jones (“Executive”), a resident of Wake County, North Carolina.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 25th, 2014 • YADKIN FINANCIAL Corp • State commercial banks • North Carolina
Contract Type FiledApril 25th, 2014 Company Industry JurisdictionThis Executive Employment Agreement (“Agreement”), signed as of April 23, 2014, is entered into by and among: (a) Yadkin Financial Corporation (“Yadkin Financial”), a North Carolina corporation, and Yadkin Bank, a state bank chartered under the laws of North Carolina; and (b) Edwin H. Shuford (“Executive”), a resident of Watauga County, North Carolina. This Agreement supersedes and replaces in its entirety the Employment Agreement, dated July 15, 2013 between Yadkin Financial and Yadkin Bank and the Executive (the “Prior Employment Agreement”), and takes effect on the consummation of the Mergers (the “Effective Date”) referenced below; provided, however, that in the event this Agreement becomes void because of a failure to consummate the Mergers, the Prior Employment Agreement shall remain in full force and effect. The Executive hereby waives any right or entitlement to any severance payments, compensation, monies, or benefits under the Prior Employment Agreement. The Executive express
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 25th, 2014 • YADKIN FINANCIAL Corp • State commercial banks • North Carolina
Contract Type FiledApril 25th, 2014 Company Industry JurisdictionThis Executive Employment Agreement (“Agreement”), signed as of April 23, 2014, is entered into by and among: (a) Yadkin Financial Corporation (“Yadkin Financial”), a North Carolina corporation, and Yadkin Bank, a state bank chartered under the laws of North Carolina; and (b) Terry S. Earley (“Executive”), a resident of Wake County, North Carolina.
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 25th, 2014 • YADKIN FINANCIAL Corp • State commercial banks • North Carolina
Contract Type FiledApril 25th, 2014 Company Industry JurisdictionThis Executive Employment Agreement (“Agreement”), signed as of April 23, 2014, is entered into by and among: (a) Yadkin Financial Corporation (“Yadkin Financial”), a North Carolina corporation, and Yadkin Bank, a state bank chartered under the laws of North Carolina; and (b) Scott M. Custer (“Executive”), a resident of New Hanover County, North Carolina. This Agreement supersedes and replaces in its entirety the Employment Agreement, dated January 1, 2012, among Piedmont Community Bank Holdings, Inc. (“Piedmont”), a Delaware corporation, VantageSouth Bancshares, Inc. f/k/a Crescent Financial Bancshares, Inc. (“VantageSouth”), a Delaware corporation, VantageSouth Bank f/k/a Crescent State Bank, a state bank chartered under the laws of North Carolina, and the Executive (the “Prior Employment Agreement”), and takes effect on the consummation of the Mergers (the “Effective Date”) referenced below; provided, however, that in the event this Agreement becomes void because of a failure to con
EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 25th, 2014 • YADKIN FINANCIAL Corp • State commercial banks • North Carolina
Contract Type FiledApril 25th, 2014 Company Industry JurisdictionThis Executive Employment Agreement (“Agreement”), signed as of April 23, 2014, is entered into by and among: (a) Yadkin Financial Corporation (“Yadkin Financial”), a North Carolina corporation, and Yadkin Bank, a state bank chartered under the laws of North Carolina; and (b) Wm. Mark DeMarcus (“Executive”), a resident of Mecklenburg County, North Carolina. This Agreement supersedes and replaces in its entirety the Employment Agreement, dated November 24, 2010, between Yadkin Financial and Yadkin Bank and the Executive (the “Prior Employment Agreement”), and takes effect on the consummation of the Mergers (the “Effective Date”) referenced below; provided, however, that in the event this Agreement becomes void because of a failure to consummate the Mergers, the Prior Employment Agreement shall remain in full force and effect. The Executive hereby waives any right or entitlement to any severance payments, compensation, monies, or benefits under the Prior Employment Agreement. The Executi