0001193125-09-051853 Sample Contracts

MANAGEMENT SECTION 162 COMPENSATION AGREEMENT
Management Section 162 Compensation Agreement • March 12th, 2009 • Old Point Financial Corp • National commercial banks • Virginia

THIS MANAGEMENT SECTION 162 COMPENSATION AGREEMENT (the “Section 162 Plan”) is entered into by and between (hereinafter the “Executive”) and The Old Point National Bank of Phoebus (hereinafter the “Employer”) this 1st day of May, 2008.

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