Amendment to Second Amended Salary Continuation AgreementSecond Amended Salary Continuation Agreement • March 29th, 2011 • Crescent Financial Corp • State commercial banks
This Amendment to Second Amended Salary Continuation Agreement (this “Amendment”) is entered into effective as of this 31st day of December, 2010 by and between Crescent State Bank, a North Carolina-chartered bank (the “Bank”), and Michael G. Carlton (the “Executive”), and amends that certain Second Amended Salary Continuation Agreement effective as of September 10, 2008 among the aforesaid parties (the “Agreement”).
