Management Section 162 Compensation Agreement Sample Contracts

MANAGEMENT SECTION 162 COMPENSATION AGREEMENT

Management Section 162 Compensation Agreement • March 12th, 2009 • Old Point Financial Corp • National commercial banks • Virginia

• Contract Type
  Management Section 162 Compensation Agreement
• Filed
  March 12th, 2009
• Company
  Old Point Financial Corp
• Industry
  National commercial banks
• Jurisdiction
  Virginia

THIS MANAGEMENT SECTION 162 COMPENSATION AGREEMENT (the “Section 162 Plan”) is entered into by and between (hereinafter the “Executive”) and The Old Point National Bank of Phoebus (hereinafter the “Employer”) this 1st day of May, 2008.