0001193125-08-068685 Sample Contracts

BANK OF OAK RIDGE SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 28th, 2008 • Oak Ridge Financial Services, Inc. • National commercial banks • North Carolina

This SALARY CONTINUATION AGREEMENT (this “Agreement”) is made and entered into as of this 1st day of January, 2006, by and between Bank of Oak Ridge, a bank chartered under North Carolina law (the “Bank”), and L. William Vasaly III, its Senior Vice President and Chief Credit Officer (the “Executive”).

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GROUND LEASE AGREEMENT between FRIENDLY ASSOCIATES XVIII LLLP, A NORTH CAROLINA LIMITED LIABILITY LIMITED PARTNERSHIP, (Landlord) and BANK OF OAK RIDGE (Tenant)
Ground Lease Agreement • March 28th, 2008 • Oak Ridge Financial Services, Inc. • National commercial banks • North Carolina

THIS GROUND LEASE AGREEMENT, Made and entered into as of the LEASE DATE (as defined on the FACE PAGE) by and between Landlord (as defined on FACE PAGE), and TENANT (as defined on FACE PAGE).

STATE OF NORTH CAROLINA
Employment Agreement • March 28th, 2008 • Oak Ridge Financial Services, Inc. • National commercial banks • North Carolina

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of April 10, 2000, by and between Bank of Oak Ridge, (hereinafter referred to as the “Bank”) and L. William Vasaly, III (hereinafter referred to as the “Officer”).

LEASE AGREEMENT
Lease Agreement • March 28th, 2008 • Oak Ridge Financial Services, Inc. • National commercial banks • North Carolina

THIS LEASE AGREEMENT made and entered into this 25th day of September, 2002, by and between KRS OF SUMMERFIELD, LLC, a North Carolina Limited Liability Company, located in Greensboro, North Carolina (“Owner”) and BANK OF OAK RIDGE, a North Carolina banking corporation (“TENANT”).

STATE OF NORTH CAROLINA
Employment Agreement • March 28th, 2008 • Oak Ridge Financial Services, Inc. • National commercial banks • North Carolina

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of March 22, 2001, by and between Bank of Oak Ridge, Inc. (hereinafter referred to as the “Bank”) and Ronald O. Black (hereinafter referred to as the “Officer”).

OUTPARCEL GROUND LEASE between JPC MONROE, LLC, Landlord and BANK OF OAK RIDGE, Tenant Dated: June 1, 2002
Oak Ridge Financial Services, Inc. • March 28th, 2008 • National commercial banks • North Carolina

THIS GROUND LEASE, dated this 1 day of June, 2002, by and between JPC MONROE, LLC, a North Carolina limited liability company (“Landlord”), and Bank of Oak Ridge, a North Carolina banking corporation (“Tenant”).

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