0001193125-12-512452 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 21st, 2012 • ASB Bancorp Inc • Savings institution, federally chartered • North Carolina

THIS 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.

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