EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
Contract Type FiledMarch 30th, 2004 Company Industry JurisdictionThis EMPLOYMENT AGREEMENT is entered into effective as of this 31st day of December, 2003, by and among Thomas E. Holder, Jr. (the “Executive”), Crescent Financial Corporation, a North Carolina Corporation, and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Crescent State Bank are hereinafter sometimes referred to together or individually as “Crescent.”
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina
Contract Type FiledMarch 30th, 2004 Company Industry JurisdictionThis EMPLOYMENT AGREEMENT is entered into effective as of this 31st day of December, 2003, by and among Bruce W. Elder (the “Executive”), Crescent Financial Corporation, a North Carolina corporation, and Crescent State Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Crescent State Bank are hereinafter sometimes referred to together or individually as “Crescent.”