AMENDMENT NUMBER ONE TO EMPLOYMENT AGREEMENTEmployment Agreement • March 27th, 2008 • Surrey Bancorp • State commercial banks
This Amendment Number One is made as of September 21, 2007, to the Employment Agreement dated as of July 22, 1999 (the “Agreement”), by and between Surrey Bank & Trust and Pedro A. Pequeno II. This Amendment is being made solely to conform the provisions of the Agreement with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended.
