EMPLOYMENT AGREEMENTEmployment Agreement • December 2nd, 2016 • New Peoples Bankshares Inc • State commercial banks • Virginia
Contract Type FiledDecember 2nd, 2016 Company Industry JurisdictionThis 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”).