0001144204-07-048635 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • September 10th, 2007 • CB Financial CORP • State commercial banks • North Carolina

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) dated as of the 1st day of September, 2007 by and between CORNERSTONE BANK, a commercial bank formed under the laws of the State of North Carolina and having its principal place of business in Wilson County, North Carolina (hereinafter called the “Company”) and NORMAN B. OSBORN, a resident of Wilson County (hereinafter called the “Executive”).

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EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • September 10th, 2007 • CB Financial CORP • State commercial banks • North Carolina

THIS AGREEMENT, made and entered into this _______ day of September, 2007, by and between Cornerstone Bank, a bank organized and existing under the laws of the State of North Carolina (hereinafter referred to as the “Bank”), and Norman Osborn, an Executive of the Bank (hereinafter referred to as the “Executive”).

JOINT BENEFICIARY DESIGNATION AGREEMENT
Joint Beneficiary Designation Agreement • September 10th, 2007 • CB Financial CORP • State commercial banks • North Carolina

The respective rights and duties of the Bank and the Insured in the above-referenced policy(ies) shall be pursuant to the terms set forth below:

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