Endorsement Split Dollar Agreement Sample Contracts

Bnc Bancorp – BANK OF NORTH CAROLINA ENDORSEMENT SPLIT DOLLAR AGREEMENT This ENDORSEMENT SPLIT DOLLAR AGREEMENT (This "Agreement") Is Entered Into as of This 12th Day of December, 2016 by and Between Bank of North Carolina, a North Carolina- Chartered Bank (The "Bank"), and Ronald J. Gorczynski, an Executive of the Bank (The "Executive"). WHEREAS, to Encourage the Executive to Remain an Employee of the Bank, the Bank Is Willing to Divide the Death Proceeds of a Life Insurance Policy on the Executive's Life, and WHEREAS, the Bank Will Pay Life Insurance Premiums From Its General Assets. NOW THEREFORE, in Cons (December 16th, 2016)
Paragon Commercial CORP – Paragon Commercial Bank Endorsement Split Dollar Agreement (May 26th, 2016)

This Endorsement Split Dollar Agreement (this "Agreement") is entered into as of this 1st day of July, 2007 by and between Paragon Commercial Bank, a North Carolina-chartered bank (the "Bank"), and Steve Crouse, its Senior Vice President and Chief Financial 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.

Paragon Commercial CORP – Paragon Commercial Bank Endorsement Split Dollar Agreement (May 26th, 2016)

This Endorsement Split Dollar Agreement (this "Agreement") is entered into as of this 1st day of July, 2007 by and between Paragon Commercial Bank, a North Carolina-chartered bank (the "Bank"), and Matthew C. Davis, its Senior Vice President (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.

Paragon Commercial CORP – Paragon Commercial Bank Endorsement Split Dollar Agreement (May 26th, 2016)

This Endorsement Split Dollar Agreement (this "Agreement") is entered into as of this 1st day of July, 2007 by and between Paragon Commercial Bank, a North Carolina-chartered bank (the "Bank"), and Robert C. Hatley, 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.

Paragon Commercial CORP – Paragon Commercial Bank Endorsement Split Dollar Agreement (March 11th, 2016)

This Endorsement Split Dollar Agreement (this "Agreement") is entered into as of this 1st day of July, 2007 by and between Paragon Commercial Bank, a North Carolina-chartered bank (the "Bank"), and Matthew C. Davis, its Senior Vice President (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.

Paragon Commercial CORP – Paragon Commercial Bank Endorsement Split Dollar Agreement (March 11th, 2016)

This Endorsement Split Dollar Agreement (this "Agreement") is entered into as of this 1st day of July, 2007 by and between Paragon Commercial Bank, a North Carolina-chartered bank (the "Bank"), and Steve Crouse, its Senior Vice President and Chief Financial 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.

Paragon Commercial CORP – Paragon Commercial Bank Endorsement Split Dollar Agreement (March 11th, 2016)

This Endorsement Split Dollar Agreement (this "Agreement") is entered into as of this 1st day of July, 2007 by and between Paragon Commercial Bank, a North Carolina-chartered bank (the "Bank"), and Robert C. Hatley, 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.

Cortland Bank – Cortland Savings and Banking Company Endorsement Split Dollar Agreement (August 13th, 2013)

This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 23rd day of July, 2013, by and between Cortland Savings and Banking Company, an Ohio-chartered, FDIC-insured member bank (the Bank), and Stanley P. Feret, an executive of the Bank (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 Bank and the Executive.

Crescent Financial Corporation – Amendment to Endorsement Split Dollar Agreement (November 7th, 2011)

This Amendment to Endorsement Split Dollar Agreement (this "Amendment") is entered into effective as of this 2nd day of November, 2011 by and between Crescent State Bank, a North Carolina-chartered bank (the "Bank"), and Bruce W. Elder (the "Executive"), and amends that certain Endorsement Split Dollar Agreement effective as of October 1, 2003 among the aforesaid parties (the "Agreement").

Crescent Financial Corporation – Amendment to Endorsement Split Dollar Agreement (November 7th, 2011)

This Amendment to Endorsement Split Dollar Agreement (this "Amendment") is entered into effective as of this 2nd day of November, 2011 by and between Crescent State Bank, a North Carolina-chartered bank (the "Bank"), and Michael G. Carlton (the "Executive"), and amends that certain Endorsement Split Dollar Agreement effective as of October 1, 2003 among the aforesaid parties (the "Agreement").

Crescent Financial Corporation – Amendment to Endorsement Split Dollar Agreement (November 7th, 2011)

This Amendment to Endorsement Split Dollar Agreement (this "Amendment") is entered into effective as of this 2nd day of November, 2011 by and between Crescent State Bank, a North Carolina-chartered bank (the "Bank"), and Thomas E. Holder, Jr. (the "Executive"), and amends that certain Endorsement Split Dollar Agreement effective as of October 1, 2003 among the aforesaid parties (the "Agreement").

First Capital Bank Executive Endorsement Split Dollar Agreement (May 13th, 2011)

THIS AGREEMENT is entered into this 12th day of May, 2011, by First Capital Bank, a Virginia commercial bank located in Glen Allen, Virginia (the Bank) and Robert G. Watts, Jr. (the Insured).

First Capital Bank Executive Endorsement Split Dollar Agreement (May 13th, 2011)

THIS AGREEMENT is entered into this 12th day of May, 2011, by First Capital Bank, a Virginia commercial bank located in Glen Allen, Virginia (the Bank) and John M. Presley (the Insured).

Endorsement Split Dollar Agreements and Amendments Thereto With Fuller, Horey and Meyer (February 23rd, 2011)

[Form of individual Endorsement Split Dollar Agreements between the Company and Bryce Blair (dated January 16, 2003 for $2,500,000), Timothy J. Naughton (dated January 28, 2003 for $1,500,000), Thomas J. Sargeant (dated January 21, 2003 for $1,500,000), Samuel B. Fuller (dated January 23, 2003 for $1,500,000), Leo S. Horey (dated February 19, 2003 for $750,000), and Gilbert M. Meyer (February 5, 2003 for $2,500,000).]

Charter Financial Corp. – Endorsement Split-Dollar Agreement (June 18th, 2010)

This Endorsement, Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and David L. Strobel ("Director");

Charter Financial Corp. – Endorsement Split-Dollar Agreement (June 18th, 2010)

This Endorsement Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and Thomas M. Lane ("Director");

Charter Financial Corp. – Endorsement Split-Dollar Agreement (June 18th, 2010)

This Endorsement Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and David Z. Cauble ("Director");

Tidelands Bancshares, Inc. – Tidelands Bank Endorsement Split Dollar Agreement (February 26th, 2010)

This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 1 day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the Bank), and James M. Bedsole, an executive of the Bank (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 Bank and the Executive.

Charter Financial Corp – Endorsement Split-Dollar Agreement (December 24th, 2009)

This Endorsement Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and David Z. Cauble ("Director");

Charter Financial Corp – AGREEMENT Effective June 1, 2006 (December 24th, 2009)

This Endorsement Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and Jane W. Darden ("Director");

Charter Financial Corp – Endorsement Split-Dollar Agreement (December 24th, 2009)

This Endorsement, Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and David L. Strobel ("Director");

Charter Financial Corp – Endorsement Split-Dollar Agreement (December 24th, 2009)

This Endorsement Split-Dollar Agreement ("Agreement") made and entered into by and between CharterBank, West Point, Georgia ("Employer") and Thomas M. Lane ("Director");

Amendment to the Endorsement Split-Dollar Agreement (April 9th, 2009)

This Amendment to the Endorsement Split-Dollar Agreement is made and entered into as of this 30th day of December 2008 by and among CHASE CORPORATION, a Massachusetts corporation (the Corporation) and Sarah Chase, in her capacity as the trustee of the ELC Irrevocable Life Insurance Trust, an agreement of trust dated May 27, 1995 (referred to hereunder, together with any additional or successor trustee serving under said agreement, as the Trustee).

1st Financial Services CORP – Mountain 1st Bank & Trust Company Amended Endorsement Split Dollar Agreement (February 2nd, 2009)

This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 30th day of January, 2009 by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and Peggy H. Denny, an executive of the Bank (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.

1st Financial Services CORP – Mountain 1st Bank & Trust Company Amended Endorsement Split Dollar Agreement (February 2nd, 2009)

This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 30th day of January 2009 by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and Vincent K. Rees, an executive of the Bank (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.

1st Financial Services CORP – Mountain 1st Bank & Trust Company Amended Endorsement Split Dollar Agreement (February 2nd, 2009)

This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 30th day of January, 2009, by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and B. Lee Beason, an executive of the Bank (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.

1st Financial Services CORP – Mountain 1st Bank & Trust Company Amended Endorsement Split Dollar Agreement (February 2nd, 2009)

This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 30th day of January, 2009 by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and Kirk P. Robinson, an executive of the Bank (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.

1st Financial Services CORP – Mountain 1st Bank & Trust Company Amended Endorsement Split Dollar Agreement (February 2nd, 2009)

This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 30th day of January, 2009 by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and Gregory L. Gibson, an executive of the Bank (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.

Service First Bancorp – First Amendment to the Service 1st Bank Endorsement Split-Dollar Agreement Dated September 10, 2003 for Patrick Carman (August 25th, 2008)

This First Amendment (Amendment) to the Endorsement Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement) located in Stockton, California (Bank) and Patrick Carman (Executive) is adopted, effective as of August 21, 2008, as set forth below.

Service First Bancorp – First Amendment to the Service 1st Bank Endorsement Split-Dollar Agreement Dated September 10, 2003 for Robert Bloch (August 25th, 2008)

This First Amendment (Amendment) to the Endorsement Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement) located in Stockton, California (Bank) and Robert Bloch (Executive) is adopted, effective as of August 21, 2008, as set forth below.

Service First Bancorp – First Amendment to the Service 1st Bank Endorsement Split-Dollar Agreement Dated September 10, 2003 for Bryan Hyzdu (August 25th, 2008)

This First Amendment (Amendment) to the Endorsement Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement) located in Stockton, California (Bank) and Bryan Hyzdu (Executive) is adopted August 21, 2008, as set forth below.

Service First Bancorp – First Amendment to the Service 1st Bank Endorsement Split-Dollar Agreement Dated September 10, 2003 for John Brooks (August 25th, 2008)

This First Amendment (Amendment) to the Endorsement Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement) located in Stockton, California (Bank) and John Brooks (Executive) is adopted, effective as of August 21, 2008, as set forth below.

Service First Bancorp – First Amendment to the Service 1st Bank Endorsement Split-Dollar Agreement Dated August 8, 2005 for Shannon Reinard (August 25th, 2008)

This First Amendment (Amendment) to the Endorsement Split-Dollar Agreement between Service 1st Bank (Split Dollar Agreement) located in Stockton, California (Bank) and Shannon Reinard (Executive) is adopted, effective as of August 21, 2008, as set forth below.

1st Financial Services CORP – Mountain 1st Bank & Trust Company Endorsement Split Dollar Agreement (May 30th, 2008)

This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 21st day of December, 2007, by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and Kirk P. Robinson, an executive of the Bank (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.

1st Financial Services CORP – Mountain 1st Bank & Trust Company Endorsement Split Dollar Agreement (May 30th, 2008)

This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this Agreement) is entered into as of this 24th day of December, 2007, by and between Mountain 1st Bank & Trust Company, a North Carolina-chartered bank (the Bank), and Gregory L. Gibson, an executive of the Bank (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.