EMPLOYMENT AND NON-COMPETITION AGREEMENTEmployment and Non-Competition Agreement • July 24th, 2006 • Texas United Bancshares Inc • National commercial banks • Texas
This Agreement is being entered into in connection with the Agreement and Plan of Reorganization, dated as of July 18, 2006, by and between Prosperity Bancshares, Inc. (“Prosperity”) and Texas United (the “Merger Agreement”), and the Employee’s obligations with respect to Texas United are effective as of the date of execution of this Agreement and the Employee’s obligations with respect to Prosperity Bank are effective as of the first day following the Closing Date (as defined in the Merger Agreement).
