0001193125-04-052532 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2004 • Commonwealth Bankshares Inc • National commercial banks • Virginia

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made as of December 15, 1998 by and between BANK OF THE COMMONWEALTH, a banking corporation organized under the laws of Virginia (the “Bank”), COMMONWEALTH BANKSHARES, INC., a Virginia corporation (the “Holding Company”) and SIMON HOUNSLOW (the “Executive”); the Bank being sometimes hereinafter referred to as the “Employer”.

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