0001193125-15-240956 Sample Contracts

CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • June 30th, 2015 • Uwharrie Capital Corp • State commercial banks • North Carolina

This Change in Control Severance Agreement (the “Agreement) is made and entered into by and between Roy David Beaver III (Executive”) and UWHARRIE CAPITAL CORP., a North Carolina corporation (the “Company”), effective as of January 1, 2015 (the “Effective Date”). Certain capitalized terms used in the Agreement are defined in Section 6 below.

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