EMPLOYMENT AGREEMENTEmployment Agreement • March 3rd, 2020 • Truist Financial Corp • National commercial banks • North Carolina
This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of February 7, 2019, by and among BB&T CORPORATION, a North Carolina corporation (“BB&T”), BRANCH BANKING AND TRUST COMPANY, a North Carolina chartered commercial bank (“BBTC”), and WILLIAM H. ROGERS, JR., an individual (“Executive”). BB&T and BBTC are collectively referred to as “Employer”. This Agreement shall be effective upon the Effective Time (as defined in that certain Agreement and Plan of Merger, dated as of the date hereof (as amended, modified, or supplemented from time to time, the “Merger Agreement”), by and between BB&T and SunTrust Banks, Inc., a Georgia corporation (“SunTrust”)) (the date on which the Effective Time occurs, the “Effective Date”). If the Effective Time does not occur, this Agreement shall be null and void ab initio, and of no further force or effect.
