BANK OF NORTH CAROLINA ENDORSEMENT SPLIT DOLLAR AGREEMENTEndorsement Split Dollar Agreement • January 4th, 2005 • BNC Bancorp • National commercial banks • North Carolina
THIS ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 31st day of December, 2004 by and between Bank of North Carolina, a North Carolina-chartered commercial bank (the “Bank”), and W. Swope Montgomery, Jr., its President and Chief Executive Officer (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.
EMPLOYMENT AGREEMENTEmployment Agreement • January 4th, 2005 • BNC Bancorp • National commercial banks • North Carolina
This EMPLOYMENT AGREEMENT is entered into effective as of this 31st day of December, 2004, by and among W. Swope Montgomery, Jr. (the “Executive”), BNC Bancorp, a North Carolina corporation, and Bank of North Carolina, a North Carolina-chartered bank and wholly owned subsidiary of BNC Bancorp. BNC Bancorp and Bank of North Carolina are hereinafter sometimes referred to together or individually as “BNC.”
BANK OF NORTH CAROLINA SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • January 4th, 2005 • BNC Bancorp • National commercial banks • North Carolina
THIS SALARY CONTINUATION AGREEMENT (this “Agreement”) is made and entered into as of this 31st day of December, 2004, by and between Bank of North Carolina, a North Carolina-chartered commercial bank (the “Bank”), and W. Swope Montgomery, Jr., its President and Chief Executive Officer (the “Executive”).
