Valley National Corp /Al/ Sample Contracts

Frontier National Corp – INCENTIVE STOCK OPTION AGREEMENT BETWEEN (March 30th, 2000)

--------------------- EXHIBIT 10.4 INCENTIVE STOCK OPTION AGREEMENT BETWEEN FRONTIER NATIONAL CORPORATION AND HARRY I. BROWN, JR. SIGNED ON DECEMBER 20, 1999 EFFECTIVE AUGUST 24, 1998 --------------------- APPENDIX A INCENTIVE STOCK OPTION AGREEMENT THIS INCENTIVE STOCK OPTION AGREEMENT (this "Agreement") is made as of the 20TH day of DECEMBER 1999 effective as of AUGUST 24, 1998 (the "Date of Grant"), by and between Frontier National Corporation, an Alabama corporation ("Corporation"), and HARRY I. BROWN, JR. ("Participant"). [NOTE: PARTICIPANT MUST BE AN EMPLOYEE OF CORPORATION TO BE ELIGIBLE TO RECEIVE AN ISO] WHEREAS, Corporation has adopted its 1999 Statutory-Nonstatutory Sto

Frontier National Corp – INCENTIVE STOCK OPTION AGREEMENT (March 30th, 2000)

--------------------- EXHIBIT 10.3 STOCK OPTION AGREEMENT BETWEEN FRONTIER NATIONAL CORPORATION AND STEVEN R. TOWNSON SIGNED ON DECEMBER 20, 1999 EFFECTIVE AUGUST 24, 1998 --------------------- APPENDIX A INCENTIVE STOCK OPTION AGREEMENT THIS INCENTIVE STOCK OPTION AGREEMENT (this "Agreement") is made as of the 20TH day of DECEMBER 1999 effective as of AUGUST 24, 1998 (the "Date of Grant"), by and between Frontier National Corporation, an Alabama corporation ("Corporation"), and STEVEN R. TOWNSON ("Participant"). [NOTE: PARTICIPANT MUST BE AN EMPLOYEE OF CORPORATION TO BE ELIGIBLE TO RECEIVE AN ISO] WHEREAS, Corporation has adopted its 1999 Statutory-Nonstatutory Stock Opti

Frontier National Corp – EMPLOYMENT AGREEMENT (March 30th, 2000)

--------------------- EXHIBIT 10.7 EMPLOYMENT AGREEMENT WITH JAMES JEFFERSON TORBERT --------------------- EMPLOYMENT AGREEMENT AGREEMENT dated March 1, 1999, between Valley National Bank (the "Employer"), and James Jefferson Torbert (the "Employee"). For and in consideration of $100, the employment provisions described below, and good and valuable other consideration, the parties agree as follows: 1. Employment. The Employer employs the Employee and the Employee accepts employment upon the terms and conditions of this Agreement. 2. Term. The term of this Agreement shall begin on March 1, 1999 and shall terminate on the same date in 2001. The term automatically shall extend for additional periods of one (1) year at the end of each term unless written notice has been giv

Frontier National Corp – EMPLOYMENT AGREEMENT (March 30th, 2000)

--------------------- EXHIBIT 10.6 EMPLOYMENT AGREEMENT WITH BENJAMIN BROXSON MCMILLAN --------------------- EMPLOYMENT AGREEMENT AGREEMENT dated March 8, 1999, between First National-America's Bank (the "Employer"), and Benjamin Broxson McMillan (the "Employee"). For and in consideration of $100, the employment provisions described below, and good and valuable other consideration, the parties agree as follows: 1. Employment. The Employer employs the Employee and the Employee accepts employment upon the terms and conditions of this Agreement. 2. Term. The term of this Agreement shall begin on March 8, 1999 and shall terminate on the same date in 2001. The term automatically shall extend for additional periods of one (1) year at the end of each term unless written notice

Frontier National Corp – NONQUALIFIED STOCK OPTION AGREEMENT BETWEEN (March 30th, 2000)

--------------------- EXHIBIT 10.5 NONQUALIFIED STOCK OPTION AGREEMENT BETWEEN FRONTIER NATIONAL CORPORATION AND HARRY I. BROWN, JR. SIGNED ON DECEMBER 20, 1999 EFFECTIVE AUGUST 24, 1998 --------------------- APPENDIX B NON-QUALIFIED STOCK OPTION AGREEMENT THIS NON-QUALIFIED STOCK OPTION AGREEMENT (this "Agreement") is made as of the 20TH day of DECEMBER 1999 effective AUGUST 24, 1998 (the "Date of Grant"), by and between Frontier National Corporation, an Alabama corporation ("Corporation"), and HARRY I. BROWN, JR. ("Participant"). WHEREAS, Corporation has adopted its 1999 Statutory-Nonstatutory Stock Option Plan (the "Plan"); and WHEREAS, the committee chosen by Corporati

Frontier National Corp – STOCK OPTION AGREEMENT BETWEEN (April 15th, 1999)

_____________________ EXHIBIT 10.4 STOCK OPTION AGREEMENT BETWEEN FRONTIER NATIONAL CORPORATION AND HARRY I. BROWN, JR. DATED AUGUST 24, 1998 _____________________ 61 FRONTIER NATIONAL CORPORATION CLASS A COMMON STOCK OPTION NUMBER 1 1. GENERAL PROVISIONS. Frontier National Corporation, an Alabama ------------------ corporation (herein called the "Company," for value received, and other good and valuable consideration, receipt of which is hereby acknowledged, hereby certifies that Harry I. Brown, Jr., or his/her/its registered assigns (herein called the "Optio

Frontier National Corp – EMPLOYMENT AGREEMENT (April 15th, 1999)

_____________________ EXHIBIT 10.2 EMPLOYMENT AGREEMENT WITH STEVEN R. TOWNSON _____________________ EMPLOYMENT AGREEMENT THIS AGREEMENT, made effective as of August 24, 1998, by and between FRONTIER NATIONAL CORPORATION ("Frontier") and STEVEN R. TOWNSON (the "Executive"). WHEREAS, the Executive has heretofore served as President and Chief Executive Officer of Valley National Bank (the "Bank") and is experienced in all phases of the business of the Bank; WHEREAS, Frontier wishes to be assured of the continued services of the Executive, and the Executive is willing to serve in the employ of the Bank and Frontier on a full-time basis; and NOW, THEREFORE,

Frontier National Corp – EMPLOYMENT AGREEMENT (April 15th, 1999)

_____________________ EXHIBIT 10.1 EMPLOYMENT AGREEMENT WITH HARRY I BROWN, JR. _____________________ EMPLOYMENT AGREEMENT THIS AGREEMENT, made effective as of August 24, 1998, by and between FRONTIER NATIONAL CORPORATION ("Frontier") and HARRY I. BROWN, JR. (the "Executive"). WHEREAS, the Executive has heretofore served as President and Chief Operating Officer of First National-America's Bank (the "Bank") and is experienced in all phases of the business of the Bank; WHEREAS, Frontier wishes to be assured of the continued services of the Executive, and the Executive is willing to serve in the employ of the Bank and Frontier on a full-time basis; and NOW, T

Frontier National Corp – STOCK OPTION AGREEMENT BETWEEN (April 15th, 1999)

_____________________ EXHIBIT 10.3 STOCK OPTION AGREEMENT BETWEEN FRONTIER NATIONAL CORPORATION AND STEVEN R. TOWNSON DATED AUGUST 24, 1998 _____________________ 57 FRONTIER NATIONAL CORPORATION CLASS A COMMON STOCK OPTION NUMBER 2 1. GENERAL PROVISIONS. Frontier National Corporation, an Alabama ------------------ corporation (herein called the "Company," for value received, and other good and valuable consideration, receipt of which is hereby acknowledged, hereby certifies that Steven R. Townson, or hi

Valley National Corp /Al/ – EMPLOYMENT AGREEMENT (May 12th, 1998)

EXHIBIT 10.2 ------------ EMPLOYMENT AGREEMENT THIS AGREEMENT, made effective as of ________________, 1998, by and between FRONTIER NATIONAL CORPORATION ("Frontier") and HARRY I. BROWN, JR. (the "Executive"). WHEREAS, the Executive has heretofore served as President and Chief Operating Officer of First National-America's Bank (the "Bank") and is experienced in all phases of the business of the Bank; WHEREAS, Frontier wishes to be assured of the continued services of the Executive, and the Executive is willing to serve in the employ of the Bank and Frontier on a full-time basis; and NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties hereby agree as follows: 1. Employment. Frontier agrees to employ Executive as Chairman of the ---------- Board

Valley National Corp /Al/ – EMPLOYMENT AGREEMENT (May 12th, 1998)

EXHIBIT 10.1 ------------ EMPLOYMENT AGREEMENT THIS AGREEMENT, made effective as of ________________, 1998, by and between FRONTIER NATIONAL CORPORATION ("Frontier") and STEVEN R. TOWNSON (the "Executive"). WHEREAS, the Executive has heretofore served as President and Chief Executive Officer of Valley National Bank (the "Bank") and is experienced in all phases of the business of the Bank; WHEREAS, Frontier wishes to be assured of the continued services of the Executive, and the Executive is willing to serve in the employ of the Bank and Frontier on a full-time basis; and NOW, THEREFORE, in consideration of the mutual covenants herein contained, the parties hereby agree as follows: 1. Employment. Frontier agrees to employ Executive as Vice Chairman of ---------- the Board, Pre