0001193125-09-145893 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • July 8th, 2009 • Plains Capital Corp • State commercial banks • Texas

This Employment Agreement (this “Agreement”) is dated as of December 18, 2008 and is entered into by and among W. Allen Custard III (“Executive”), FIRST SOUTHWEST HOLDINGS, LLC, a Delaware limited liability company, on behalf of itself and all of its subsidiaries (collectively, “Employer”) and PLAINS CAPITAL CORPORATION, a Texas corporation (“Plains Capital”). As an inducement to continuing to render services and superior performance to Employer, Executive, Employer and Plains Capital agree as follows:

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FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • July 8th, 2009 • Plains Capital Corp • State commercial banks

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into as of March 2, 2009, by and among FIRST SOUTHWEST HOLDINGS, LLC, a Delaware limited liability company, on behalf of itself and all of its subsidiaries (collectively, “Employer”), PLAINS CAPITAL CORPORATION, a Texas corporation (the “Company”), and W. ALLEN CUSTARD III (“Executive”) for purposes of amending that certain Employment Agreement dated as of December 18, 2008, by and among Employer, the Company, and Executive (the “Agreement”). Terms used in this Amendment with initial capital letters that are not otherwise defined herein shall have the meanings ascribed to such terms in the Agreement.

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