SEVERANCE AND GENERAL RELEASE AGREEMENTSeverance Agreement • November 16th, 2015 • Four Oaks Fincorp Inc • State commercial banks
This SEVERANCE AND GENERAL RELEASE AGREEMENT (this “Agreement”) is made and entered into by and among Four Oaks Bank & Trust Company (the “Bank”), Four Oaks Fincorp, Inc. (the “Company”) and Nancy S. Wise (“Employee”). Throughout the remainder of this Agreement, the Bank, the Company, and Employee may be collectively referred to as the “Parties” and individually referred to as a “Party.”
AMENDMENT NO. 3 TO EMPLOYMENT AGREEMENTEmployment Agreement • November 16th, 2015 • Four Oaks Fincorp Inc • State commercial banks • North Carolina
This Amendment No. 3 to Employment Agreement (“Amendment No. 3”) is effective as of July 8, 2015, by and between Four Oaks Bank & Trust Company (the “Bank”) and David H. Rupp (“Employee”).
