SOUTHERN COMMUNITY BANK AND TRUST Amended & Restated Salary Continuation Agreement of Merle B. AndrewsSalary Continuation Agreement • March 23rd, 2012 • Southern Community Financial Corp • State commercial banks • North Carolina
This Amended Salary Continuation Agreement (this “Agreement”) is entered into as of this ___14th___day of __March________________, 2007, by and between Southern Community Bank and Trust, a North Carolina-chartered bank (the “Bank”), and Merle B. Andrews, its Executive Vice President & Senior Operations Officer (the “Executive”).
Employment AgreementEmployment Agreement • March 23rd, 2012 • Southern Community Financial Corp • State commercial banks • North Carolina
This Employment Agreement is entered into effective as of this 28th day of April, 2006, by and among Southern Community Financial Corporation, a North Carolina corporation, Southern Community Bank and Trust, a North Carolina-chartered bank and wholly owned subsidiary of Southern Community Financial Corporation (the “Bank”), and Merle B. Andrews, Executive Vice President of the Bank (the “Executive”). For convenience, Southern Community Financial Corporation and the Bank are referred to in this Employment Agreement individually and together as the “Employer.”
AMENDMENT NUMBER ONE TO EMPLOYMENT AGREEMENTEmployment Agreement • March 23rd, 2012 • Southern Community Financial Corp • State commercial banks
This Amendment Number One is made as of September 14, 2007, to the Employment Agreement dated as of April 28, 2006 (the “Agreement”), by and among Southern Community Financial Corporation, Southern Community Bank and Trust, and Merle B. Andrews. This Amendment is being made solely to conform the provisions of the Agreement with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended.
SOUTHERN COMMUNITY BANK AND TRUST Amendment # 1 to the Amended & Restated Salary Continuation Agreement of Merle B. AndrewsSalary Continuation Agreement • March 23rd, 2012 • Southern Community Financial Corp • State commercial banks
This Amendment #1 (herein referred to as the “Amendment”) to the Amended & Restated Salary Continuation Agreement (herein referred to as the “Original Agreement”) that was entered into on 14th day of March, 2007, by and between Southern Community Bank and Trust, a North Carolina-chartered bank (herein referred to as the “Bank”), and Merle B. Andrews, its Executive Vice President & Senior Operations Officer (herein referred to as the “Executive”).
