Common Contracts

3 similar Employment Agreement contracts by Crescent Financial Corp

EMPLOYMENT AGREEMENT
Employment Agreement • September 1st, 2006 • Crescent Financial Corp • State commercial banks • North Carolina

This EMPLOYMENT AGREEMENT is entered into effective as of this 1st day of September, 2006, by and among John M. Franck (the “Executive”), Crescent Financial Corporation, a North Carolina corporation, and Port City Capital Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Port City Capital Bank are hereinafter sometimes referred to together or individually as “Employer.”

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EMPLOYMENT AGREEMENT
Employment Agreement • September 1st, 2006 • Crescent Financial Corp • State commercial banks • North Carolina

This EMPLOYMENT AGREEMENT is entered into effective as of this 1st day of September, 2006, by and among Lawrence S. Brobst (the “Executive”), Crescent Financial Corporation, a North Carolina corporation, and Port City Capital Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Port City Capital Bank are hereinafter sometimes referred to together or individually as “Employer.”

EMPLOYMENT AGREEMENT
Employment Agreement • September 1st, 2006 • Crescent Financial Corp • State commercial banks • North Carolina

This EMPLOYMENT AGREEMENT is entered into effective as of this 1st day of September, 2006, by and among W. Keith Betts (the “Executive”), Crescent Financial Corporation, a North Carolina corporation, and Port City Capital Bank, a North Carolina-chartered bank and wholly owned subsidiary of Crescent Financial Corporation. Crescent Financial Corporation and Port City Capital Bank are hereinafter sometimes referred to together or individually as “Employer.”

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