0000905729-10-000052 Sample Contracts

AGREEMENT OF CONSOLIDATION BETWEEN SOUTHERN MICHIGAN BANK & TRUST AND FNB FINANCIAL
FNB Financial • March 26th, 2010 • Southern Michigan Bancorp Inc • State commercial banks

THIS AGREEMENT OF CONSOLIDATION ("Agreement") is dated as of December 16, 2008, and is made by and between Southern Michigan Bank & Trust ("Southern Michigan Bank") and FNB Financial.

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RETENTION AGREEMENT
Retention Agreement • March 26th, 2010 • Southern Michigan Bancorp Inc • State commercial banks

THIS RETENTION AGREEMENT (the "Agreement") is made by SOUTHERN MICHIGAN BANCORP, INC., a Michigan corporation (the "Corporation"), and DANICE CHARTRAND ("Executive"). The parties agree as follows.

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