0000906318-05-000007 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • January 19th, 2005 • United Bancshares Inc/Oh • National commercial banks • Ohio

THIS EMPLOYMENT AGREEMENT (the “Agreement”), made and entered into effective as of January 14, 2005 (the “Effective Date”), by and among United Bancshares, Inc., headquartered in Columbus Grove, Ohio and its wholly-owned subsidiary, The Union Bank Company ("Union") (collectively referred to herein as the “Company”) and Daniel W. Schutt, a resident of Ohio (“Employee”).

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AGREEMENT
Employment Agreement • January 19th, 2005 • United Bancshares Inc/Oh • National commercial banks • Ohio

THIS AGREEMENT (this “Agreement”) is made and entered into as of this 18th day of January 2005 (the “Effective Date”) by and between United Bancshares, Inc., an Ohio corporation with its principal office located in Columbus Grove, Ohio (“Company”) and Brian D. Young, a resident of the State of Ohio (the “Employee”). Capitalized terms used but not defined in the text of this Agreement shall have the meaning set forth in Annex A attached hereto.

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