0001104659-09-000895 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2009 • Bank Holdings • State commercial banks • Nevada

This Employment Agreement (“Agreement”) is made as of the 27th day of December, 2007, by and between Nevada Security Bank (“Bank”), and Jack Buchold (“Executive”).

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THIRD AMENDED AND RESTATED NEVADA SECURITY BANK SPLIT DOLLAR AGREEMENT
Split Dollar Agreement • January 7th, 2009 • Bank Holdings • State commercial banks • Nevada

The Bank and Insured as of the Effective Date aforementioned hereby enters into this Third Amended and Restated Nevada Security Bank Split Dollar Agreement (hereinafter “Agreement”) which amends, supersedes and replaces in the entirety the prior “Second Amended and Restated Nevada Security Bank Split Dollar Agreement,” entered into by and between these same parties dated September 20, 2007. The respective rights and duties of Nevada Security Bank (hereinafter the “Bank” or “Employer”) and the Insured (also referred to as “Executive”) in the above-referenced policies (referred to as “Policy”) shall be pursuant to the terms set forth below:

SECOND AMENDMENT TO EXECUTIVE SUPPLEMENTAL COMPENSATION AGREEMENT
Executive Supplemental Compensation Agreement • January 7th, 2009 • Bank Holdings • State commercial banks

This second amendment (“Second Amendment”) to the Executive Supplemental Compensation Agreement (“Agreement”) dated September 15, 2005 is made and entered into this 31st day of December, 2008, by and between Nevada Security Bank, a Nevada state banking corporation (the “Employer”), and Joe Bourdeau, an individual residing in the State of Nevada (hereinafter referred to as the “Executive”).

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT JOE BOURDEAU
Employment Agreement • January 7th, 2009 • Bank Holdings • State commercial banks

This first amendment (“Amendment”) to the Employment Agreement (“Agreement”) dated December 27, 2007 is made and entered into this 31st day of December, 2008, by and among Nevada Security Bank, a Nevada state chartered bank (the “Bank”), and Joe Bourdeau, an individual residing in the State of Nevada (hereinafter referred to as the “Executive”).

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2009 • Bank Holdings • State commercial banks • Nevada

This Agreement shall at all times be administered in compliance with the requirements of §409A of the Code and any and all regulations thereunder, including such regulations as may be promulgated after the date of the Agreement.

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