0001193125-06-065186 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 28th, 2006 • Crescent Financial Corp • State commercial banks • North Carolina

THIS AGREEMENT is entered into as of February 28, 2006 by and between CRESCENT STATE BANK, a North Carolina banking corporation (hereinafter referred to as the “Bank”) and Ray Vaughn of Cary, North Carolina (hereinafter referred to as the “Officer”).

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