EMPLOYMENT AGREEMENTEmployment Agreement • January 20th, 2010 • 1st Financial Services CORP • State commercial banks • North Carolina
This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of this 10th day of December, 2010, by and among 1st Financial Services Corporation, a North Carolina corporation (the “Corporation”), Mountain 1 st Bank & Trust Company, a North Carolina-chartered bank and wholly owned subsidiary of the Corporation (the “Bank”), and Michael G. Mayer (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
