Change in Control Protective Agreement Sample Contracts

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CHANGE-IN-CONTROL PROTECTIVE AGREEMENT
Change-in-Control Protective Agreement • October 31st, 2012 • First South Bancorp Inc /Va/ • State commercial banks • North Carolina

THIS AGREEMENT entered into this 27th day of October, 2012 (the “Effective Date”), by and between First South Bank (the “Bank”), First South Bancorp, Inc. (the “Company”), and Scott C. McLean (the “Employee”).

AMENDED AND RESTATED CHANGE-IN-CONTROL PROTECTIVE AGREEMENT
Change-in-Control Protective Agreement • May 9th, 2008 • First South Bancorp Inc /Va/ • State commercial banks • North Carolina

THIS AMENDED AND RESTATED AGREEMENT (the “Agreement”) entered into this 24th day of April 2008 (the “Effective Date”), by and between FIRST SOUTH BANK (the “Bank”), FIRST SOUTH BANCORP, INC. (the “Company”), and WILLIAM L. WALL (the “Employee”).

AMENDMENT TO THE CHANGE IN CONTROL PROTECTIVE AGREEMENT
Change in Control Protective Agreement • March 11th, 2009 • First South Bancorp Inc /Va/ • State commercial banks

WHEREAS, Mary R. Boyd (the “Executive”) entered into a change in control protective agreement with Home Savings Bank, SSB which was assumed by First South Bank (the “Bank”) and First South Bancorp, Inc. (the “Company”) in connection with the Company’s acquisition of Home Savings Bank, SSB (the “Agreement”); and

AMENDMENT TO THE PAUL S. JABER CHANGE IN CONTROL PROTECTIVE AGREEMENT
Change in Control Protective Agreement • March 11th, 2009 • First South Bancorp Inc /Va/ • State commercial banks

WHEREAS, Paul S. Jaber (the “Executive”) entered into a change in control protective agreement with First South Bank (the “Bank”) and First South Bancorp, Inc. (the “Company”) effective July 8, 2002 (the “Agreement”); and

AMENDMENT TO THE J. RANDALL WOODSON CHANGE IN CONTROL PROTECTIVE AGREEMENT
Change in Control Protective Agreement • March 5th, 2012 • First South Bancorp Inc /Va/ • State commercial banks

WHEREAS, J. Randall Woodson (the “Employee”) entered into a Change in Control Protective Agreement with First South Bank (the “Bank”) and First South Bancorp, Inc. (the “Company”) effective October 3, 2008 (the “Agreement”); and

CHANGE-IN-CONTROL PROTECTIVE AGREEMENT
Change-in-Control Protective Agreement • March 11th, 2009 • First South Bancorp Inc /Va/ • State commercial banks • North Carolina

THIS AGREEMENT entered into this 8th day of July, 2002 (the “Effective Date”), by and between First South Bank (the “Bank”), First South Bancorp, Inc. (the “Company”), and Paul S. Jaber (the “Employee”).

AMENDMENT TWO TO THE PAUL S. JABER CHANGE-IN-CONTROL PROTECTIVE AGREEMENT
Change-in-Control Protective Agreement • March 30th, 2012 • First South Bancorp Inc /Va/ • State commercial banks

WHEREAS, Paul S. Jaber (the “Employee”) entered into a Change-in-Control Protective Agreement, as amended, with First South Bank (the “Bank”) and First South Bancorp, Inc. (the “Company”) effective July 8, 2002 (the “Agreement”); and

Change-In-Control Protective Agreement Martha A Drabiski
Change-in-Control Protective Agreement • November 13th, 1998 • Mahoning National Bancorp Inc • National commercial banks • Ohio
AMENDMENT THREE TO THE SHERRY L. CORRELL CHANGE-IN-CONTROL PROTECTIVE AGREEMENT
Change-in-Control Protective Agreement • March 30th, 2012 • First South Bancorp Inc /Va/ • State commercial banks

WHEREAS, Sherry L. Correll (the “Employee”) entered into a Change-in-Control Protective Agreement, as amended, with First South Bank (the “Bank”) and First South Bancorp, Inc. (the “Company”) effective January 14, 1997 (the “Agreement”); and

1 MAHONING NATIONAL BANCORP, INC. FORM 10-Q Item 6(a) Exhibit 10(a) Change-In- Control Protective Agreement J. David Sabine
Change-in-Control Protective Agreement • May 12th, 1999 • Mahoning National Bancorp Inc • National commercial banks • Ohio
AMENDMENT TO THE WILLIAM L. WALL CHANGE IN CONTROL PROTECTIVE AGREEMENT
Change in Control Protective Agreement • March 11th, 2009 • First South Bancorp Inc /Va/ • State commercial banks

WHEREAS, William L. Wall (the “Executive”) entered into a change in control protective agreement with First South Bank (the “Bank”) and First South Bancorp, Inc. effective April 20, 2006 (the “Agreement”); and

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