AMENDMENT NUMBER TWO TO EMPLOYMENT AGREEMENTEmployment Agreement • March 26th, 2009 • Surrey Bancorp • State commercial banks
This Amendment Number Two is made as of December 1, 2008, to the Employment Agreement dated as of July 22, 1999 (the “Agreement”), by and between Surrey Bank & Trust and Mark H. Towe (“Executive”). This Amendment is being made solely to conform the provisions of the Agreement to the requirements of Section 409A and 280G(e) of the Internal Revenue Code of 1986, as amended (“Code”).
AMENDMENT NUMBER TWO TO EMPLOYMENT AGREEMENTEmployment Agreement • March 26th, 2009 • Surrey Bancorp • State commercial banks
This Amendment Number Two is made as of December 1, 2008, to the Employment Agreement dated as of July 22, 1999 (the “Agreement”), by and between Surrey Bank & Trust and Pedro A. Pequeno II (“Executive”). This Amendment is being made solely to conform the provisions of the Agreement to the requirements of Section 409A and 280G(e) of the Internal Revenue Code of 1986, as amended (“Code”).
