0000928911-07-000033 Sample Contracts

AMENDED AND RESTATED CHANGE OF CONTROL/SEVERANCE AGREEMENT
Change of Control/Severance Agreement • November 30th, 2007 • Cascade Financial Corp • State commercial banks • Washington

THIS AMENDED AND RESTATED CHANGE OF CONTROL/SEVERANCE AGREEMENT (this “Agreement”) dated this ___ day of __________, 2006, by and between CASCADE FINANCIAL CORPORATION and CASCADE BANK (hereinafter jointly referred to as “Cascade”) and ______________________________ (“Executive”) amends and restates the Change of Control/Severance Agreement entered into between Cascade Bank and _________________________________ on _________________, 2001. Upon execution of this Agreement, the Change of Control/Severance Agreement entered into in 2001 shall be null and void and of no further force and effect.

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EMPLOYMENT AGREEMENT CAROL KOBUKE NELSON
Employment Agreement • November 30th, 2007 • Cascade Financial Corp • State commercial banks • Washington

THIS EMPLOYMENT AGREEMENT (“Agreement”) is made this 27th day of November, 2007, by and between CASCADE FINANCIAL CORPORATION and CASCADE BANK (hereinafter jointly referred to as “Cascade”) and CAROL KOBUKE NELSON (“Nelson”) and will become effective upon execution. Cascade and Nelson are sometimes collectively referred to herein as “the Parties.”

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