EMPLOYMENT CONTINUITY AGREEMENTEmployment Continuity Agreement • March 15th, 2004 • LSB Bancshares Inc /Nc/ • State commercial banks • North Carolina
Contract Type FiledMarch 15th, 2004 Company Industry JurisdictionTHIS EMPLOYMENT CONTINUITY AGREEMENT (this “Agreement”) is between LSB BANCSHARES, INC., a North Carolina Corporation (referred to in this Agreement as the “Company,” which term includes any subsidiary of the Company unless the context clearly indicates otherwise), and ROBERT E. LINEBACK, JR., an executive of the Company and a resident of North Carolina (the “Executive”), and is effective as of January 1, 2004 (the “Effective Date”).