We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Noncompetition, Severance and Employment Agreement Sample Contracts

Standard Contracts

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT
Noncompetition, Severance and Employment Agreement • March 3rd, 2009 • South Financial Group Inc • State commercial banks • South Carolina

This Amended and Restated Noncompetition, Severance and Employment Agreement (this “Agreement”) is made and entered into as of this February 25, 2008, by and between Christopher T. Holmes, an individual (the “Executive”), and Carolina First Bank, a South Carolina corporation headquartered in Greenville, South Carolina (the “Company”) and wholly owned subsidiary of The South Financial Group, Inc. (“TSFG”).

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE FLORIDA UNIFORM ARBITRATION ACT NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT Between CAROLINA FIRST BANK and
Noncompetition, Severance and Employment Agreement • March 26th, 2007 • South Financial Group Inc • State commercial banks • Florida

This Noncompetition, Severance and Employment Agreement (this “Agreement”) is made and entered into as of this 20th day of March, 2007 by and between, JAMES R. GORDON, an individual (“Executive”), and Carolina First Bank, a South Carolina corporation headquartered in Greenville, South Carolina (the “Company”) and wholly owned subsidiary of The South Financial Group, Inc. (“TSFG”).

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT
Noncompetition, Severance and Employment Agreement • March 16th, 2010 • South Financial Group Inc • State commercial banks • South Carolina

This Noncompetition, Severance and Employment Agreement (this “Agreement”) is made and entered into as of this 14th day of May, 2003, by and between J. W. Davis, an individual (the “Executive”), and The South Financial Group, Inc., a South Carolina corporation and financial institution holding company headquartered in Greenville, South Carolina (the “Company”). As used herein, the term “Company” shall include the Company and any and all of its subsidiaries where the context so applies.

ADDENDUM TO FIRST AMENDMENT TO NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT BETWEEN THE SOUTH FINANCIAL GROUP, INC. AND JAMES W. TERRY, JR.
Noncompetition, Severance and Employment Agreement • January 4th, 2007 • South Financial Group Inc • State commercial banks

A First Amendment to the Noncompetition, Severance and Employment Agreement (“First Amendment”) was entered into on the 8th day of May, 2006, by and between James W. Terry, Jr., an individual (“Executive”), and The South Financial Group, Inc., a South Carolina corporation financial institution holding company headquartered in Greenville, South Carolina (“Company”).

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT FIRST AMENDMENT TO NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT BETWEEN THE SOUTH FINANCIAL GROUP, INC. AND JAMES W. TERRY, JR.
Noncompetition, Severance and Employment Agreement • May 9th, 2006 • South Financial Group Inc • State commercial banks

This First Amendment to the Noncompetition, Severance and Employment Agreement ("Amendment") is made and entered into this 8th day of May, 2006, by and between James W. Terry, Jr., an individual, ("Executive") and The South Financial Group, Inc., a South Carolina corporation financial institution holding company headquartered in Greenville, South Carolina ("Company"). As used herein, "Company" shall include the Company and any of its subsidiaries where the context so applies.

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT REVISED FIRST AMENDMENT TO NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT BETWEEN THE SOUTH FINANCIAL GROUP, INC. (F/K/A CAROLINA FIRST...
Noncompetition, Severance and Employment Agreement • June 6th, 2006 • South Financial Group Inc • State commercial banks

This Revised First Amendment to the Noncompetition, Severance and Employment Agreement (“Amendment”) is made and entered into this 1st day of June, 2006, by and between Andrew B. Cheney, an individual, (“Executive”) and The South Financial Group, Inc. (f/k/a Carolina First Corporation), a South Carolina corporation financial institution holding company headquartered in Greenville, South Carolina (“Company”). As used herein, “Company” shall include the Company and any of its subsidiaries where the context so applies.

NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT
Noncompetition, Severance and Employment Agreement • March 30th, 2021 • Grandsouth Bancorporation • Savings institutions, not federally chartered • South Carolina

THIS NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this 19th day of June, 2019, by and between J.B. Schwiers, an individual (the “Employee”), and GrandSouth Bank, a South Carolina corporation (the “Bank”), a wholly-owned subsidiary of GrandSouth Bancorporation, also a South Carolina corporation (the “Company”).

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT Between THE SOUTH FINANCIAL GROUP, INC. and JAMES W. TERRY, JR.
Noncompetition, Severance and Employment Agreement • March 15th, 2006 • South Financial Group Inc • State commercial banks • South Carolina

This Noncompetition, Severance and Employment Agreement (this “Agreement”) is made and entered into as of this ___ day of ___,2001, by and between James W. Terry, Jr., an individual (the “Executive”), and The South Financial Group, Inc., a South Carolina corporation and financial institution holding company headquartered in Greenville, South Carolina (the “Company”). As used herein, the term “Company” shall include the Company and any and all of its subsidiaries where the context so applies.

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT Between CAROLINA FIRST BANK and MICHAEL W. SPERRY
Noncompetition, Severance and Employment Agreement • February 29th, 2008 • South Financial Group Inc • State commercial banks • South Carolina

This Noncompetition, Severance and Employment Agreement (this “Agreement”) is entered into as September 6, 2007 by and between Michael W. Sperry an individual (“Executive”), and Carolina First Bank, a South Carolina corporation headquartered in Greenville, South Carolina (the “Company”).

Notice: This Contract Is Subject To Arbitration Pursuant To The South Carolina Uniform Arbitration Act First Amendment To Noncompetition, Severance And Employment Agreement Between The South Financial Group, Inc. (F/K/A Carolina First Corporation) And...
Noncompetition, Severance and Employment Agreement • December 12th, 2005 • South Financial Group Inc • State commercial banks

This First Amendment to the Noncompetition, Severance and Employment Agreement (“Amendment”) is made and entered into this 7th day of December, 2005, by and between Andrew B. Cheney, an individual, (“Executive”) and The South Financial Group, Inc. (f/k/a Carolina First Corporation), a South Carolina corporation financial institution holding company headquartered in Greenville, South Carolina (“Company”). As used herein, “Company” shall include the Company and any of its subsidiaries where the context so applies.

NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT SECOND AMENDMENT TO NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT BETWEEN THE SOUTH FINANCIAL GROUP, INC. AND JAMES W. TERRY, JR.
Noncompetition, Severance and Employment Agreement • March 26th, 2007 • South Financial Group Inc • State commercial banks

This Second Amendment to the Noncompetition, Severance and Employment Agreement ("Amendment") is made and entered into this _____ day of March, 2007, by and between James W. Terry, Jr., an individual, ("Executive") and The South Financial Group, Inc., a South Carolina corporation financial institution holding company headquartered in Greenville, South Carolina ("Company"). As used herein, "Company" shall include the Company and any of its subsidiaries where the context so applies.

EXHIBIT 10.10 NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT
Noncompetition, Severance and Employment Agreement • March 19th, 2002 • South Financial Group Inc • State commercial banks • South Carolina
NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION [PURSUANT
Noncompetition, Severance and Employment Agreement • March 16th, 2010 • South Financial Group Inc • State commercial banks • Florida

This Noncompetition, Severance and Employment Agreement (this “Agreement”) is made and entered into as of September 3, 2007, by and between Jesus E. Diaz, an individual (the “Executive”), and Carolina First Bank, a South Carolina corporation headquartered in Greenville, South Carolina (the “Company”) and wholly owned subsidiary of The South Financial Group, Inc. (“TSFG”). As used herein, the term “Company” shall include the Company and any of its subsidiaries and its parent corporation, except where the context otherwise requires.

ADDENDUM TO REVISED FIRST AMENDMENT TO NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT BETWEEN THE SOUTH FINANCIAL GROUP, INC. AND ANDREW B. CHENEY
Noncompetition, Severance and Employment Agreement • January 4th, 2007 • South Financial Group Inc • State commercial banks

A First Amendment to the Noncompetition, Severance and Employment Agreement was entered into on the7th day of December, 2005 and a Revised First Amendment to the Noncompetition, Severance and Employment Agreement (“Revised Amendment”) on the 1st day of June, 2006, by and between Andrew B. Cheney., and individual (“Executive”) and The South Financial Group, Inc., a South Carolina corporation financial institution holding company headquartered in Greenville, South Carolina (“Company”).