0001193125-06-194916 Sample Contracts

EMPLOYMENT AND NON-COMPETITION AGREEMENT
Employment and Non-Competition Agreement • September 21st, 2006 • Prosperity Bancshares Inc • State commercial banks • Texas

This AGREEMENT is effective this the 1st day of September, 2002 between PROSPERITY BANK, a Texas banking association, having a principal place of business at 1301 N. Mechanic, El Campo, Texas 77437 hereinafter referred to as “Employer,” and PETER E. FISHER who resides in Spring, Texas 33739, hereinafter referred to as “Employee” (the “Agreement”). Prosperity Bancshares, Inc. is also executing this Agreement as guarantor of the obligations under this Agreement of its subsidiary, Prosperity Bank.

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FIRST AMENDMENT TO EMPLOYMENT AND NON-COMPETITION AGREEMENT
Prosperity Bancshares Inc • September 21st, 2006 • State commercial banks

WHEREAS, Prosperity Bank (the “Employer”) and Peter E. Fisher (the “Employee”) entered into an Employment and Non-Competition Agreement dated September 1, 2002 (the “Agreement”); and

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