DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • February 26th, 2021 • Southside Bancshares Inc • State commercial banks • Texas
This Agreement shall be binding upon and inure to the benefit of EXECUTIVE, his heirs and personal representative, and BANK and its successors and assigns and supersedes all prior agreements between EXECUTIVE and BANK regarding deferred compensation. It is specifically agreed that this is not a contract of employment between the parties hereto and nothing herein shall restrict the right of BANK to discharge EXECUTIVE, with or without cause, or restrict the right of EXECUTIVE to terminate his employment. However, termination of employment by EXECUTIVE prior to retirement for any reason not specifically entitling EXECUTIVE to compensation under the preceding terms of this Agreement shall terminate all obligations of BANK hereunder.
SOUTHSIDE BANK SPLIT DOLLAR AGREEMENTSplit Dollar Agreement • February 26th, 2021 • Southside Bancshares Inc • State commercial banks • Texas
THIS AGREEMENT is made and entered into this 25th day of February, 2021, by and between SOUTHSIDE BANK, located in Tyler, Texas (the “Company”), and JULIE SHAMBURGER (the “Executive”).
FIRST AMENDMENT TO DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • February 26th, 2021 • Southside Bancshares Inc • State commercial banks
THIS FIRST AMENDMENT TO DEFERRED COMPENSATION AGREEMENT (the “Amendment”) is entered into by and between SOUTHSIDE BANK (the “Company”) and JULIE SHAMBURGER (the “Executive”), effective as of the date of execution.
