STATE OF NORTH CAROLINA COUNTY OF CALDWELLChange of Control Agreement • March 15th, 2007 • Bank of Granite Corp • State commercial banks • North Carolina
THIS CHANGE OF CONTROL AGREEMENT (hereinafter referred to as this “Agreement”) is entered into as of the 1st day of January, 2002, by and among BANK OF GRANITE CORPORATION (the “Corporation”), a Delaware corporation, or its successors, the Corporation’s wholly-owned subsidiary BANK OF GRANITE (the “Bank”), a banking association organized under the laws of the state of North Carolina, or its successors, (hereinafter the Corporation and the Bank, or their successors, are collectively referred to as the “Company”), and D. MARK STEPHENS (the “Officer”), an individual residing in Catawba County, North Carolina.
AMENDMENT TO THE EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN EXECUTIVE AGREEMENT EFFECTIVE AUGUST 9, 2001Executive Supplemental Retirement Plan Amendment • March 15th, 2007 • Bank of Granite Corp • State commercial banks • North Carolina
THIS AMENDMENT, made and entered into this 5th day of July, 2005, by and between Bank of Granite, a bank organized and existing under the laws of the State of North Carolina, (hereinafter referred to as the “Bank”), and D. Mark Stephens, an Executive of the Bank, (hereinafter referred to as the “Executive”), shall effectively amend the Executive Supplemental Retirement Plan Agreement effective August 9, 2001 as follows:
