WAIVER AGREEMENTWaiver Agreement • December 17th, 2010 • First Community Bancshares Inc /Nv/ • State commercial banks
THIS WAIVER AGREEMENT, hereinafter referred to as “Waiver” made and entered into on this 16th day of December, 2010, to be effective January 1, 2011 by and between JOHN M. MENDEZ, hereinafter referred to as “Employee,” and FIRST COMMUNITY BANCSHARES, INC., hereinafter referred to as “the Corporation” (both of whom together are referred to herein as the “Parties”) to a specific clause of the “AMENDED AND RESTATED EMPLOYMENT AGREEMENT”, hereinafter referred to as “Agreement”, originally entered into by the Parties as of the 16th day of December, 2008 and to a specific clause of the “FIRST COMMUNITY BANCSHARES, INC. and AFFILIATES EXECUTIVE RETENTION PLAN”, hereinafter referred to as the “SERP”, which became effective January 1, 2005.
Supplemental Directors Retirement Plan for the Directors of First Community BancsharesFirst Community Bancshares Inc /Nv/ • December 17th, 2010 • State commercial banks
WHEREAS, the Company originally entered into a Supplemental Retirement Plan Agreement effective as of November 2, 2001, with each of its Directors who were actively serving as a Director of the Company on November 2, 2001.
