AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENTExecutive Employment Agreement • April 5th, 2012 • Crescent Financial Bancshares, Inc. • State commercial banks • North Carolina
Contract Type FiledApril 5th, 2012 Company Industry JurisdictionThis EXECUTIVE EMPLOYMENT AGREEMENT (the “Agreement”) is entered into by and among Piedmont Community Bank Holdings, Inc. (“Piedmont”), a Delaware corporation, Crescent Financial Bancshares, Inc. (“Crescent Financial”), a Delaware Corporation, and Crescent State Bank (the “Bank”), a state bank chartered under the laws of North Carolina, and Scott Custer (the “Executive”) effective as of January 1, 2012 (the “Effective Date”).