0000950159-09-001803 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 12th, 2009 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

EMPLOYMENT AGREEMENT (“Agreement”), dated as of August 12, 2009, 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 MICHAEL J. HUGHES (“Executive”) (NPB and Bank are sometimes referred to herein collectively as “Employer”).

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