Restricted Stock Award Cancellation Agreement Sample Contracts

RESTRICTED STOCK AWARD CANCELLATION AGREEMENT
Restricted Stock Award Cancellation Agreement • March 18th, 2013 • BNC Bancorp • National commercial banks • North Carolina

THIS RESTRICTED STOCK AWARD CANCELLATION AGREEMENT (the “Cancellation Agreement”), dated effective as of November 9, 2012, is between BNC Bancorp, a North Carolina corporation (the “Company”), Bank of North Carolina, a state charted commercial bank (the “Bank”), and Richard D. Callicutt II (the “Participant”).

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