0001193125-05-106344 Sample Contracts

Contract
Employment Agreement • May 13th, 2005 • M&f Bancorp Inc /Nc/ • State commercial banks • North Carolina

THIS EMPLOYMENT AGREEMENT, made and entered into this 9th day of May, 2005, between M & F Bancorp, Inc. (“M & F,”) a holding company, chartered in the State of North Carolina, and its one subsidiary, Mechanics & Farmers Bank (“the Bank,”) duly organized and existing under the laws of the State of North Carolina, with its principal office at 2634 Chapel Hill Boulevard, Durham, North Carolina, 27707 and Ronald Wiley (“the Executive”).

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