0001193125-07-070660 Sample Contracts

SEVERANCE AGREEMENT
Severance Agreement • March 30th, 2007 • Cape Fear Bank CORP • National commercial banks • North Carolina

This SEVERANCE AGREEMENT is entered into as of this 11th day of January , 2007, by and among Cape Fear Bank Corporation, a North Carolina corporation (the “Corporation”), Cape Fear Bank, a North Carolina bank, and R. James MacLaren, Senior Vice President of the Corporation and Credit Administrator and Senior Vice President of Cape Fear Bank (the “Executive”).

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