2019 Supplemental Executive Retirement Plan Agreement Sample Contracts

Contract
2019 Supplemental Executive Retirement Plan Agreement • September 24th, 2019 • Select Bancorp, Inc. • State commercial banks • North Carolina

This 2019 SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (this “Agreement”) is entered into as of this 23rd day of September 2019, by and between Select Bank & Trust Company (the “Bank”), a North Carolina banking corporation, and William L. Hedgepeth II, President and Chief Executive Officer of the Bank (the “Executive”).

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