0000721748-16-001830 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 2nd, 2016 • New Peoples Bankshares Inc • State commercial banks • Virginia

This Employment Agreement (this “Agreement”) is made and entered into as of December 1, 2016 (the “Effective Date”), by and among New Peoples Bankshares, Inc., a Virginia bank holding corporation (the “Company”), New Peoples Bank, Inc., a Virginia bank (the “Bank” and, together with the Company, “New Peoples”), and C. Todd Asbury (“Executive”).

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