EXECUTIVE SUPPLEMENTAL INCOME AGREEMENT (as amended and restated as of October 1, 2007)Executive Supplemental Income Agreement • November 9th, 2007 • Peoples Financial Corp /MS/ • State commercial banks • Mississippi
This Agreement, effective as of October 1, 2007 (the “Effective Date”), is made by and between THE PEOPLES BANK, BILOXI, MISSISSIPPI, a state-chartered commercial bank with its principal office located in Biloxi, Mississippi (hereinafter referred to as the “Company”), and CHEVIS C. SWETMAN (hereinafter referred to as the “Executive”). This Agreement hereby amends and restates, in their entirety, an agreement with an initial effective date of January 1, 1988, and a restated agreement effective October 1, 2002 (hereinafter the “Prior Agreements”), made by and between the Company and the Executive.
EXECUTIVE SUPPLEMENTAL INCOME AGREEMENT (as amended and restated as of October 1, 2007)Executive Supplemental Income Agreement • November 9th, 2007 • Peoples Financial Corp /MS/ • State commercial banks • Mississippi
This Agreement, effective as of October 1, 2007 (the “Effective Date”), is made by and between THE PEOPLES BANK, BILOXI, MISSISSIPPI, a state-chartered commercial bank with its principal office located in Biloxi, Mississippi (hereinafter referred to as the “Company”), and LAURI A. WOOD (hereinafter referred to as the “Executive”). This Agreement hereby amends and restates, in their entirety, an agreement with an initial effective date of January 1, 1992, and a restated agreement effective October 1, 2002 (hereinafter the “Prior Agreements”), made by and between the Company and the Executive.
