0001002105-97-000030 Sample Contracts

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REVISED EMPLOYMENT AGREEMENT
Revised Employment Agreement • April 4th, 1997 • Independent Community Bankshares Inc • National commercial banks

THIS REVISED EMPLOYMENT AGREEMENT ("AGREEMENT"), made this 1st day of January, 1997, by and between THE MIDDLEBURG BANK ("BANK") and JOSEPH L. BOLING, President and Chief Executive Officer ("PRESIDENT"). WHEREAS, it is the desire of the BANK to have the benefit of PRESIDENT'S loyalty, service and counsel; and WHEREAS, the PRESIDENT wishes to continue in the employ of the as President; and WHEREAS, the BANK desires to continue to employ the PRESIDENT in his present capacity; and WHEREAS, PRESIDENT possesses certain valuable knowledge, professional skills and expertise essential to the continued viability of the business of the BANK; and WHEREAS, the BANK desires to continue to utilize the aforesaid knowledge, professional skills and expertise of the PRESIDENT in the conduct of the business of the BANK; and WHEREAS, the BANK and PRESIDENT desire to continue to set forth, in writing, the terms and conditions of their agreements and understandings, NOW, THEREFORE, in consideration of the f

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