0001193125-12-355509 Sample Contracts

Bank of Floyd Supplemental Executive Retirement Plan 409A Restatement Participation Agreement
Participation Agreement • August 14th, 2012 • Cardinal Bankshares Corp • State commercial banks

This Bank of Floyd Supplemental Executive Retirement Plan 409A Restatement Participation Agreement (the “Participation Agreement”) is entered into as of this 15th day of May, 2012 by and between Bank of Floyd (the “Employer”), and Michael Larrowe an executive of the Employer (the “Participant”), as evidenced by the execution of this Participation Agreement by the Employer and Participant and the commencement of Participant’s in the Employer’s Internal Revenue Code Section 409A compliant supplemental executive retirement plan.

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