RESIGNATION AGREEMENTResignation Agreement • September 24th, 2008 • Cape Fear Bank CORP • National commercial banks
THIS RESIGNATION AGREEMENT (the “Agreement”) is made and entered into by and among Cape Fear Bank Corporation, a North Carolina corporation formerly known as Bank of Wilmington Corporation (the “Corporation”), Cape Fear Bank, formerly known as Bank of Wilmington, a bank chartered under North Carolina law and a wholly owned subsidiary of the Corporation (the “Bank”), and John Cameron Coburn (“Coburn”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
