0000950159-06-000393 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2006 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

EMPLOYMENT AGREEMENT dated as of October 18, 2004, among NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation and registered bank holding company (“NPB”); NATIONAL PENN BANK, a national banking association (“Bank”); and H. Anderson Ellsworth (“Officer”) (NPB and Bank are sometimes referred to herein collectively as “Employer”).

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