EMPLOYMENT AGREEMENTEmployment Agreement • December 21st, 2012 • ASB Bancorp Inc • Savings institution, federally chartered • North Carolina
Contract Type FiledDecember 21st, 2012 Company Industry JurisdictionTHIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of the 18th day of December, 2012, by and between ASHEVILLE SAVINGS BANK, S.S.B., a North Carolina chartered savings bank (the “Bank” or the “Employer”), and VIKKI D. BAILEY (“Executive”). References to the “Company” herein shall mean ASB Bancorp, Inc., a North Carolina corporation.