0000914317-06-000292 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • January 25th, 2006 • First Bancorp /Nc/ • State commercial banks • North Carolina

THIS AGREEMENT, dated and effective this 24th day of January, 2006, between FIRST BANCORP (a North Carolina corporation) (the “Company”) and JERRY L. OCHELTREE (the “Employee”). References to the “Company” herein shall be deemed to refer to the Company and its subsidiaries taken as a whole, unless the context requires or the Agreement provides otherwise.

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