AMENDED AND RESTATED SEVERANCE AGREEMENTSeverance Agreement • May 25th, 2006 • Summit Bancshares Inc /Tx/ • National commercial banks • Texas
Contract Type FiledMay 25th, 2006 Company Industry JurisdictionThis Amended and Restated Severance Agreement (“Agreement”), effective as of this 22nd day of May, 2006, is by and among Summit Bancshares, Inc., a Texas corporation (the “Company”), Summit Bank, N.A. (the “Bank”), and Philip E. Norwood, a key employee and officer of the Company and the Bank (the “Executive”).