0001193125-08-122620 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 27th, 2008 • Carolina Bank Holdings Inc • State commercial banks • North Carolina

This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into effective as of this 20th day of May, 2008, by and among Carolina Bank Holdings, Inc., a North Carolina corporation (the “Corporation”), Carolina Bank, a North Carolina-chartered bank and wholly owned subsidiary of Carolina Bank Holdings, Inc. (the “Bank”), and Robert T. Braswell, President and Chief Executive Officer of the Corporation and the Bank (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”

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CAROLINA BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • May 27th, 2008 • Carolina Bank Holdings Inc • State commercial banks • North Carolina

This SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this 20th day of May, 2008, by and between Carolina Bank, a North Carolina-chartered bank (the “Bank”), and Robert T. Braswell, its President and Chief Executive Officer (the “Executive”).

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