0001362310-07-002270 Sample Contracts

Wake Forest Federal Savings & Loan Association Amended and Restated Employment Agreement
Employment Agreement • September 20th, 2007 • Wake Forest Bancshares Inc • Savings institution, federally chartered • North Carolina

This Amended and Restated Employment Agreement (“Agreement”) is made and entered into as of September 17, 2007 by and between Wake Forest Federal Savings & Loan Association, a savings and loan association organized and operating under federal laws of the United States and having an office at 302 South Brooks Street, Wake Forest, North Carolina 27588-0707 (“Association”) and Billy B. Faulkner, an individual residing at 64 Norwood Faulkner Road, Louisburg, North Carolina 27549 (“Executive”).

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