0001193125-05-164616 Sample Contracts

EXECUTIVE SALARY CONTINUATION AGREEMENT
Executive Salary Continuation Agreement • August 11th, 2005 • Surrey Bancorp • State commercial banks • North Carolina

THIS AGREEMENT, made and entered into this 27th day of June, 2005, by and between Surrey Bank & Trust, a bank organized and existing under the laws of the State of North Carolina (hereinafter referred to as the “Bank”), and Edward C. Ashby, III, an Executive of the Bank (hereinafter referred to as the “Executive”).

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