0001193125-09-261144 Sample Contracts

IRREVOCABLE WAIVER
Irrevocable Waiver • December 29th, 2009 • Sterling Bancshares Inc • State commercial banks

This Irrevocable Waiver (the “Waiver”) is made by J. Downey Bridgwater ( “Executive”), with respect to that certain Employment Agreement (the “Employment Agreement”), by and between Sterling Bancshares, Inc., a Texas corporation (the “Company”), effective as of January 1, 2007, as amended from time to time. Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Employment Agreement.

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