0000741516-09-000013 Sample Contracts

EXECUTIVE SEVERANCE AGREEMENT
Executive Severance Agreement • March 16th, 2009 • American National Bankshares Inc • National commercial banks • Virginia

THIS EXECUTIVE SEVERANCE AGREEMENT is between AMERICAN NATIONAL BANKSHARES INC., a Virginia corporation (the “Parent”), AMERICAN NATIONAL BANK AND TRUST COMPANY, a national banking association, (the “Company”) and S. CABELL DUDLEY, JR. (“Executive”).

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DEFERRED COMPENSATION AGREEMENT As Amended and Restated Effective December 31, 2008
Deferred Compensation Agreement • March 16th, 2009 • American National Bankshares Inc • National commercial banks • Virginia

THIS DEFERRED COMPENSATION AGREEMENT, made this 31st day of December 2008, by and between AMERICAN NATIONAL BANK AND TRUST COMPANY, a national banking association (the “Bank”), and CHARLES H. MAJORS (the “Employee”), provides as follows.

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