0001193125-08-167879 Sample Contracts

NORTH CAROLINA
Employment Agreement • August 6th, 2008 • Midcarolina Financial Corp • State commercial banks • North Carolina

THIS EMPLOYMENT AGREEMENT (hereinafter the “Agreement”) is made as of the 27th day of May 2008, between CHRISTOPHER B. REDCAY (hereinafter “Employee”), a resident of Alamance County, North Carolina and MIDCAROLINA BANK, a commercial bank formed under the laws of the State of North Carolina and having its principal place of business in Alamance County, North Carolina (hereinafter “Bank” or “Employer”).

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MIDCAROLINA BANK RESTATED SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • August 6th, 2008 • Midcarolina Financial Corp • State commercial banks • North Carolina

THIS RESTATED SALARY CONTINUATION AGREEMENT (this “Agreement”) is made and entered into as of this 27th day of May, 2008, by and between MidCarolina Bank, a bank chartered under North Carolina law (the “Bank”), and Charles T. Canaday, its President and Chief Executive Officer (the “Executive”),

MIDCAROLINA BANK RESTATED SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • August 6th, 2008 • Midcarolina Financial Corp • State commercial banks • North Carolina

THIS RESTATED SALARY CONTINUATION AGREEMENT (this “Agreement”) is made and entered into as of this 27th day of May, 2008, by and between MidCarolina Bank, a bank chartered under North Carolina law (the “Bank”), and Robert C. Patterson, its Senior Vice President and Chief Credit Officer (the “Executive”),

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