0001193125-12-119508 Sample Contracts

Employment Agreement EMPLOYMENT AGREEMENT MICHAEL LARROWE AND CARDINAL BANKSHARES CORPORATION
Employment Agreement • March 16th, 2012 • Cardinal Bankshares Corp • State commercial banks • Virginia

THIS AGREEMENT dated July 20, 2011 is by and between Cardinal Bankshares Corporation, a Virginia corporation (the “Holding Company”) and Michael Larrowe (the “Executive”).

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SERP Bank of Floyd Supplemental Executive Retirement Plan Participation Agreement
Supplemental Executive Retirement Plan Participation Agreement • March 16th, 2012 • Cardinal Bankshares Corp • State commercial banks • Virginia

This 409 Restatement Bank of Floyd Supplemental Executive Retirement Plan Participation Agreement (the ‘Participation Agreement”) is entered into as of this 31st day of December, 2008 by and between Bank of Floyd (the “Employer”), and Leon Moore, an executive of the Employer (the “Participant”), as evidence of the Participant’s prior participation in the Bank of Floyd Supplemental Executive Retirement Plan (“Prior Plan”) and/or the commencement of Participant’s participation in an Internal Revenue Code section 409A compliant supplemental executive retirement plan.

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