MERCANTILE BANK OF MICHIGAN DIRECTOR NON-COMPETE AND NON-SOLICITATION AGREEMENTDirector Non-Compete and Non-Solicitation Agreement • February 28th, 2007 • Mercantile Bank Corp • State commercial banks • Michigan
In order to comply with the policy of the Board of Directors (the “Board”) of Mercantile Bank of Michigan, a Michigan banking corporation (the “Bank”), that each non-employee director of the Bank enter into a non-compete agreement; to preserve the interests of the Bank in its customers, business, and confidential information; and in consideration of non-compete agreements being entered into by one or more of the other members of the Board, and directors fees, if any, that I may receive; I agree as follows:
