EMPLOYMENT AGREEMENTEmployment Agreement • June 9th, 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.”
