Transcommunity Bankshares Inc Sample Contracts

Transcommunity Financial Corp – TransCommunity Financial Corporation Change in Control Agreement (March 31st, 2008)

This Change in Control Agreement (this “Agreement”) dated this 24th day of April, 2007, by and between Richard C. Stonbraker (“Employee”) and TransCommunity Financial Corporation (the “Company”), shall become effective April 24, 2007.

Transcommunity Financial Corp – For Immediate Release Monday, September 24, 2007 For More Information Contact: TransCommunity Bank, N.A. Glen Allen, Virginia (September 24th, 2007)
Transcommunity Financial Corp – AGREEMENT AND PLAN OF MERGER By And Between COMMUNITY BANKERS ACQUISITION CORP. AND TRANSCOMMUNITY FINANCIAL CORPORATION Dated as of September 5, 2007 (September 6th, 2007)

THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of September 5, 2007, is by and between Community Bankers Acquisition Corp., a Delaware corporation (“CBAC”) and TransCommunity Financial Corporation, a Virginia corporation (“TFC”).

Transcommunity Financial Corp – TRANSCOMMUNITY FINANCIAL CORPORATION 2007 EQUITY COMPENSATION PLAN (August 13th, 2007)
Transcommunity Financial Corp – TRANSCOMMUNITY FINANCIAL COPRPORATION Restricted Stock Award Agreement (July 31st, 2007)

THIS AGREEMENT dated as of the ____ day of ___________ 2007, between TRANSCOMMUNITY FINANCIAL CORPORATION, a Virginia corporation (the “Corporation”), and ________________ (“Participant”), is made pursuant and subject to the provisions of the TransCommunity Financial Corporation 2007 Equity Compensation Plan (the “Plan”). All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

Transcommunity Financial Corp – TRICO INCENTIVE BONUS PLAN (March 27th, 2007)

This Trico Marine Services, Inc. Annual Incentive Plan (the “Plan”) is adopted by Trico Marine Services, Inc., a Delaware corporation (the “Company”). The terms of the Plan have been approved by the Company’s Board of Directors and are as follows:

Transcommunity Financial Corp – Press release dated February 7, 2007. (February 7th, 2007)

TransCommunity Financial Corporation [Symbol: “TCYF”] announced today that it will consolidate the charters of its four bank subsidiaries into a single entity.

Transcommunity Financial Corp – TransCommunity Financial Corporation Change in Control Agreement (February 1st, 2007)

This Change in Control Agreement (this “Agreement”) dated this 31st day of January, 2007, by and between Bruce B. Nolte (“Employee”) and TransCommunity Financial Corporation (the “Company”), shall become effective January 31, 2007.

Transcommunity Financial Corp – Press release dated December 12, 2006. (December 12th, 2006)

Richmond, Virginia. December 12, 2006. TransCommunity Financial Corporation (Symbol: “TCYF”) announced today that it has opened its fourth subsidiary bank. The Bank of Rockbridge, with headquarters in Lexington, Virginia, will serve Rockbridge County and surrounding markets.

Transcommunity Financial Corp – TransCommunity Financial Corporation Change in Control Agreement (October 2nd, 2006)

This Change in Control Agreement (this “Agreement”) dated this 26th day of September, 2006, by and between William B. Littreal (“Employee”) and TransCommunity Financial Corporation (the “Company”), shall become effective January 1, 2007.

Transcommunity Financial Corp – Press release dated August 14, 2006 (August 14th, 2006)
Transcommunity Financial Corp – [Form of Change in Control Agreement] TransCommunity Financial Corporation Change in Control Agreement (June 5th, 2006)

This Change in Control Agreement (this “Agreement”) dated this 1st day of June, 2006, by and between (“Employee”) and TransCommunity Financial Corporation (the “Company”), shall become effective upon the expiration of any current employment agreement between Employee and the Company or any 100% owned subsidiary of the Company, or if no such agreement is in effect at the time this Agreement is executed, this Agreement shall become effective upon execution.

Transcommunity Financial Corp – BYLAWS OF TRANSCOMMUNITY FINANCIAL CORPORATION As amended April 26, 2006 (May 2nd, 2006)
Transcommunity Financial Corp – JAMES L. MINTER (April 4th, 2006)

It is terribly unfortunate that I submit this letter of resignation from the Board of Directors of TransCommunity Financial Corporation (TFC). I am proud of my more than 7 years of service and my role in forming the original Bank from which this entire Company was created - Bank of Powhatan. I have, however, become increasingly amazed and dismayed that my efforts over at least the past year and a half to implement needed changes has only resulted in a “clique” insular group of Board members trying to run a community bank holding company and those directors having limited, if any, experience in community banking. As the Board knows, during my tenure I have been an active, engaged director. I believe a Board should not merely rubber stamp decisions of senior management. At this time, I believe there is little that I can achieve by remaining on the Board to help the Company. My resignation must serve as a catalyst for change at TFC.

Transcommunity Financial Corp – 30-05 Corporate Governance Policy (March 30th, 2006)

Responsibilities, Relationships and Best Practices of Bank Boards of Directors and the TransCommunity Financial Corporation Board of Directors

Transcommunity Financial Corp – [TransCommunity Financial Corporation Letterhead] December 28, 2005 (January 10th, 2006)

This letter sets forth the terms of your continued employment with TransCommunity Financial Corporation (the “Company”):

Transcommunity Financial Corp – SEPARATION AGREEMENT AND GENERAL RELEASE (December 20th, 2005)

THIS SEPARATION AGREEMENT AND GENERAL RELEASE (the “Agreement”) is made and entered into by and between WILLIAM C. WILEY (“Employee”) and TRANSCOMMUNITY FINANCIAL CORPORATION (the “Employer” or the “Company”).

Transcommunity Financial Corp – BYLAWS OF TRANSCOMMUNITY FINANCIAL CORPORATION As amended December 14, 2005 (December 20th, 2005)
Transcommunity Financial Corp – NON-QUALIFIED STOCK OPTION AGREEMENT (March 30th, 2005)

Exhibit 10.2(c)(i) TRANSCOMMUNITY FINANCIAL CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT FOR EMPLOYEE ------------------------------------------------------------------------------- Granted <> ------------------------------------------------------------------------------- This Non-Qualified Stock Option Agreement evidences the grant of a Non-Qualified Stock Option to <> (the "Employee") pursuant to Article VI of the TransCommunity Financial Corporation 2001 Stock Option Plan, as amended. This Agreement also describes the terms and conditions of the Option evidenced by this Agreement. 1. Grant of Option. In consideration of the services rendered by the Employee to TransCommunity Financial Corporation (the "Company") or one of its direct or indirec

Transcommunity Financial Corp – NON-QUALIFIED STOCK OPTION AGREEMENT (March 30th, 2005)

Exhibit 10.2(c)(ii) TRANSCOMMUNITY FINANCIAL CORPORATION NON-QUALIFIED STOCK OPTION AGREEMENT FOR DIRECTOR ------------------------------------------------------------------------------- Granted <> ------------------------------------------------------------------------------- This Non-Qualified Stock Option Agreement evidences the grant of a Non-Qualified Stock Option to <> (the "Participant ") pursuant to Article VII of the TransCommunity Financial Corporation 2001 Stock Option Plan., as amended This Agreement also describes the terms and conditions of the Option evidenced by this Agreement. 1. Grant of Option. In consideration of the services rendered by the Participant as a Director (as defined in the Plan) to TransCommunity Bankshares Incorporated

Transcommunity Bankshares Inc – Contract (April 23rd, 2004)

THIS EMPLOYMENT AGREEMENT made and entered into this 19th day of April, 2004 between Bank of Louisa, N.A., a national banking association, (“Employer”) and George D. Yancey (“Employee”).

Transcommunity Bankshares Inc – RESTRICTED STOCK AGREEMENT (March 29th, 2004)

Exhibit 10.2(g) TRANSCOMMUNITY BANKSHARES, INC. RESTRICTED STOCK AGREEMENT THIS RESTRICTED STOCK AGREEMENT is entered on December 8, 2003 by and between TRANSCOMMUNITY BANKSHARES, INC. (the "Corporation") and WILLIAM C. WILEY (the "Executive"). RECITALS: A. The Board of Directors of the Corporation desires to recognize the contribution of the Executive to the operation of the Corporation's business since its inception and to induce the Executive to continue excellence in the performance of his duties as the Chairman of the Board of Directors and Chief Executive Officer of the Corporation. B. The Board of Directors hereby awards to the Executive a restricted stock award conditioned upon the terms and conditions set forth below. AGREEMENT: NOW THEREFORE, in consideration of the above recitals, the mutual covenants and agreements

Transcommunity Bankshares Inc – EMPLOYMENT AGREEMENT (March 29th, 2004)

Exhibit 10.2(a) EMPLOYMENT AGREEMENT This EMPLOYMENT AGREEMENT (the "Agreement") is made as of December 8, 2003, between TRANSCOMMUNITY BANKSHARES INCORPORATED, a Virginia corporation (the "Company"), and WILLIAM C. WILEY (the "Executive"). RECITALS: -------- The Board of Directors of the Company (the "Board of Directors") desires to assure that it will continue to have the benefit of the services and experience of the Executive, who is an integral part of the Company's senior management, and the Executive is willing to continue to serve as Chairman of the Board of Directors and Chief Executive Officer of the Company upon the terms and conditions set forth in this Agreement. AGREEMENT: NOW, THEREFORE, in consideration of the foregoing and the mutual undertakings contained in this Agreement, the parties agree as follows: 1. Employment. (a) The Company

Transcommunity Bankshares Inc – 2001 STOCK OPTION PLAN (May 14th, 2003)

EXHIBIT 10.2(c) TRANSCOMMUNITY BANKSHARES INCORPORATED 2001 STOCK OPTION PLAN (As Amended Effective March 27, 2003) ARTICLE I Establishment, Purpose, and Duration Effective May 8, 2001, the Bank of Powhatan, N.A., a national banking association established an incentive compensation plan for itself and its Subsidiaries, known as the "Bank of Powhatan, N.A. 2001 Stock Option Plan" (the "Plan"). Effective August 15, 2001, TransCommunity Bankshares Incorporated (the "Company") assumed the Plan in connection with the reorganization by which the Company became the holding company for the Bank of Powhatan, N.A pursuant to an Amended and Restated Plan of Reorganization and Share Exchange dated May 9, 2001. Effective December 19, 2001, the Plan was restated and amended by the Company's Board of Directors. The Company now

Transcommunity Bankshares Inc – 2001 STOCK OPTION PLAN (April 17th, 2003)

EXHIBIT 10.2(c) TRANSCOMMUNITY BANKSHARES INCORPORATED 2001 STOCK OPTION PLAN (As Amended Effective March 27, 2003) ARTICLE I Establishment, Purpose, and Duration Effective May 8, 2001, the Bank of Powhatan, N.A., a national banking association established an incentive compensation plan for itself and its Subsidiaries, known as the "Bank of Powhatan, N.A. 2001 Stock Option Plan" (the "Plan"). Effective August 15, 2001, TransCommunity Bankshares Incorporated (the "Company") assumed the Plan in connection with the reorganization by which the Company became the holding company for the Bank of Powhatan, N.A pursuant to an Amended and Restated Plan of Reorganization and Share Exchange dated May 9, 2001. Effective December 19, 2001, the Plan was restated and amended by the Compa

Transcommunity Bankshares Inc – EMPLOYMENT AGREEMENT (March 31st, 2003)

EXHIBIT 10.2(d) EMPLOYMENT AGREEMENT EMPLOYMENT AGREEMENT, made as of January 1, 2001, by and between RICHARD W. MAYHEW (the "Employee") and MSM ACQUISITION CO., a Virginia corporation (the "Company"), provides: In consideration of the mutual covenants herein contained, and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Employee and the Company agree as follows: 1. EMPLOYMENT. The Company hereby employs the Employee, and the Employee hereby accepts such employment, to serve as President and Chief Executive Officer of the Company, upon and subject to the terms and conditions hereafter set forth. 2. TERM OF EMPLOYMENT. The initial term of this Agreement and of the Employee's employment by the Company shall be for the period beginning on the date hereof and ending on December 31, 2005, unless s

Transcommunity Bankshares Inc – 2001 STOCK OPTION PLAN (March 29th, 2002)

Exhibit 10.2C TRANSCOMMUNITY BANKSHARES INCORPORATED 2001 STOCK OPTION PLAN (Restated Effective December 19, 2001) ARTICLE I Establishment, Purpose, and Duration Effective May 8, 2001, the Bank of Powhatan, N.A., a national banking association, established an incentive compensation plan for itself and its subsidiaries, known as the "Bank of Powhatan, N.A. 2001 Stock Option Plan" (the "Plan"). Effective August 15, 2001, TransCommunity Bankshares Incorporated (the "Company") assumed the Plan in connection with the reorganization by which the Company became the holding company for the Bank of Powhatan, N.A. pursuant to an Amended and Restated Plan of Reorganization and Share Exchange dated May 9, 2001. The Company desires to amend and restate the Plan as provided in this document. 1.1 Establishment and Restatement o

Transcommunity Bankshares Inc – Consulting Agreement (August 29th, 2001)

EXHIBIT 10.1 Consulting Agreement This Consulting Agreement ("Agreement") is entered into this 11th day of July, 2001, by and between TransCommunity Bankshares, Inc., a Virginia corporation ("TransCommunity" or "TransCommunity Bankshares"), and DPO Holdings, Inc., a Virginia corporation ("DPO"). In consideration of the mutual promises of the parties and other good and valuable consideration, the parties do hereby agree as follows: 1. Engagement. TransCommunity hereby engages DPO as a consultant to ---------- provide the following services: (1a.) Applications for New Banks. Generate draft OCC applications for the formation of the Bank of Goochland and the Bank of Louisa, to include development of all financial pro formas and required market research data. (1b.) Accounting Services. Perform initial in-house accounting and bookkeeping services for

Transcommunity Bankshares Inc – AGREEMENT (May 17th, 2001)

Exhibit 10.1 AGREEMENT --------- THIS AGREEMENT dated as of March 13, 2001, by and among WILLIAM C. WILEY ("Wiley") and the UNDERSIGNED ORGANIZING DIRECTORS provides: RECITALS: -------- A. During the formation of the Bank of Goochland (in organization) and the Bank of Louisa (in organization) and TransCommunity Bankshares, William C. Wiley will serve as Chairman and Chief Executive Officer. He will be responsible for all aspects of the organizing and financing effort, for both the holding company and the individual banks to be formed. In addition, the organizing directors acknowledge that the professional services of DPO Holdings, Inc. ("DPO"), of which Wiley is a partner, is needed in order to secure the full and undivided services of Wiley in addition to the support of other professionals associated with DPO. B. The d

Transcommunity Bankshares Inc – CONTRACT (May 17th, 2001)

Exhibit 10.2 CONTRACT BETWEEEN TRANSCOMMUNITY BANKSHARES, INC., 2320 Anderson Highway, Powhatan, VA ------------------------------- 23139, and BRUCE B. NOLTE, 107 North Harvie Street, Richmond, VA 23220. -------------- APRIL 16, 2001 The Board of Directors of TransCommunity Bankshares, Inc. (the "Company") hereby agrees to employ Bruce B. Nolte as President, effective on or about May 1, 2001. Nolte acknowledges that his position as president is subject to and predicated upon approval by both federal and state banking regulatory authorities. Nolte represents to the Board of Directors that he has the experience, knowledge and skills to administer all aspects of the position of president of a bank holding company of the size and stage of development as the Company. Nolte represents that he will perform his duties in a manner a