0001140361-23-058922 Sample Contracts

CHANGE OF CONTROL SEVERANCE AGREEMENT
Change of Control Severance Agreement • December 21st, 2023 • Old Point Financial Corp • National commercial banks • Virginia

THIS CHANGE OF CONTROL SEVERANCE AGREEMENT (the “Agreement”), effective this 15th day of December, 2023, by and between The Old Point National Bank of Phoebus (the “Bank”) and Paul M. Pickett (“Employee”).

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AMENDMENT TO THE EMPLOYMENT AGREEMENT
Employment Agreement • December 21st, 2023 • Old Point Financial Corp • National commercial banks

This AMENDMENT TO THE EMPLOYMENT AGREEMENT by and between Old Point Financial Corporation (the “Holding Company”) and The Old Point National Bank of Phoebus (the “Bank”) (the Holding Company and the Bank are collectively referred to herein as “Old Point”) and Robert F. Shuford, Jr. (hereinafter referred to as “Executive”) is made this 15th day of December 2023.

AMENDMENT TO THE EMPLOYMENT AGREEMENT
Employment Agreement • December 21st, 2023 • Old Point Financial Corp • National commercial banks

This AMENDMENT TO THE EMPLOYMENT AGREEMENT by and between Old Point Financial Corporation (the “Holding Company”) and The Old Point National Bank of Phoebus (the “Bank”) (the Holding Company and the Bank are collectively referred to herein as “Old Point”) and Joseph R. Witt (hereinafter referred to as “Executive”) is made this 15th day of December 2023.

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