EMPLOYMENT CONTINUITY AGREEMENTWaiver and Release Agreement • March 11th, 2005 • LSB Bancshares Inc /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT CONTINUITY AGREEMENT (this “Agreement”) is between LSB BANCSHARES, INC., a North Carolina Corporation (referred to in this Agreement as the “Company,” which term includes any subsidiary of the Company unless the context clearly indicates otherwise), and DAVID P. BARKSDALE, an executive of the Company and a resident of North Carolina (the “Executive”), and is effective as of August 16, 2004 (the “Effective Date”).
EMPLOYMENT CONTINUITY AGREEMENTEmployment Continuity Agreement • March 11th, 2005 • LSB Bancshares Inc /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT CONTINUITY AGREEMENT (this “Agreement”) is between LSB BANCSHARES, INC., a North Carolina Corporation (referred to in this Agreement as the “Company,” which term includes any subsidiary of the Company where the context so requires), and Monroe Jackson Smith, Jr., a resident of Forsyth, North Carolina (“Executive”), and is effective as of October 15, 2001 (the “Effective Date”).
EMPLOYMENT CONTINUITY AGREEMENTEmployment Continuity Agreement • March 11th, 2005 • LSB Bancshares Inc /Nc/ • State commercial banks • North Carolina
THIS EMPLOYMENT CONTINUITY AGREEMENT (this “Agreement”) is between LSB BANCSHARES, INC., a North Carolina Corporation (referred to in this Agreement as the “Company,” which term includes any subsidiary of the Company where the context so requires), and NICHOLAS A. DAVES, a Senior Vice President of the Company and a resident of Winston-Salem, North Carolina (“Executive”), and is effective as of December 24, 1997 (the “Effective Date”).
