Clawback and Parachute Restriction Agreement Sample Contracts

FORM OF NATIONAL PENN BANCSHARES, INC. CPP CLAWBACK AND PARACHUTE RESTRICTION AGREEMENT

Clawback and Parachute Restriction Agreement • December 15th, 2008 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

• Contract Type
  Clawback and Parachute Restriction Agreement
• Filed
  December 15th, 2008
• Company
  National Penn Bancshares Inc
• Industry
  National commercial banks
• Jurisdiction
  Pennsylvania

This CPP CLAWBACK AND PARACHUTE RESTRICTION AGREEMENT (this “Agreement”) is made and entered into as of December 10, 2008 by and between NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation having its principal place of business in Boyertown, Pennsylvania (the “Company”), and ___________ (the “Executive”).