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0000950159-05-001258 Sample Contracts

Standard Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 4th, 2005 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

THIS EMPLOYMENT AGREEMENT ("Agreement"), dated September 6, 2005, is made among NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation and registered bank holding company ("NPB"); NATIONAL PENN BANK, a national banking association ("Bank"); and DAVID Z. RICHARDS, JR. ("Executive") (NPB and Bank are sometimes referred to herein collectively as "Employer").