Endorsement Split Dollar Agreement Sample Contracts

ARTICLE 1 GENERAL DEFINITIONS
Endorsement Split Dollar Agreement • August 20th, 2008 • Southcoast Financial Corp • State commercial banks • South Carolina
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MOUNTAIN 1ST BANK & TRUST COMPANY AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • February 2nd, 2009 • 1st Financial Services CORP • State commercial banks • North Carolina

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.

TODHUNTER INTERNATIONAL, INC. West Palm Beach, FL 33401 ENDORSEMENT SPLIT- DOLLAR AGREEMENT
Endorsement Split-Dollar Agreement • May 14th, 2004 • Todhunter International Inc • Malt beverages • Florida

THIS ENDORSEMENT SPLIT-DOLLAR AGREEMENT (this “Agreement”) is entered into this 20th day of February 2004, by and between Todhunter International, Inc., a Delaware corporation (the “Corporation”) and Chester Brandes (the “Executive”).

MIDCAROLINA BANK ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • March 29th, 2006 • Midcarolina Financial Corp • State commercial banks • North Carolina

THIS ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 1st day of October, 2004 by and between MidCarolina Bank, a North Carolina-chartered commercial bank (the “Bank”), and Randolph J. Cary, 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.

Tidelands Bank Endorsement Split Dollar Agreement
Endorsement Split Dollar Agreement • May 7th, 2008 • Tidelands Bancshares Inc • National commercial banks • South Carolina

This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 1st day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and Robert E. Coffee Jr., 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. Whereas, to encourage the Executive to remain a Bank employee, 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 consideration of the foregoing premises and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows.

Crescent State Bank Endorsement Split Dollar Agreement
Endorsement Split Dollar Agreement • March 11th, 2008 • Crescent Financial Corp • State commercial banks • North Carolina

This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 24th day of October, 2007 by and between Crescent State Bank, a North Carolina-chartered commercial bank (the “Bank”), and Ray Vaughn, 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.

ENDORSEMENT SPLIT-DOLLAR AGREEMENT Effective June 1, 2006
Endorsement Split-Dollar Agreement • June 18th, 2010 • Charter Financial Corp/Ga • Savings institution, federally chartered • Georgia

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

BANK OF WILMINGTON ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • November 14th, 2005 • Bank of Wilmington CORP • National commercial banks • North Carolina

THIS ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 23rd day of June, 2005 by and between Bank of Wilmington, a North Carolina-chartered commercial bank (the “Bank”), and John Cameron Coburn, 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.

BANK OF OAK RIDGE AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • December 21st, 2007 • Oak Ridge Financial Services, Inc. • National commercial banks • North Carolina

This AMENDED ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 19th day of December, 2007 by and between Bank of Oak Ridge, a North Carolina-chartered commercial bank (the “Bank”), and Ronald O. Black, 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 Bank Endorsement Split Dollar Agreement
Endorsement Split Dollar Agreement • May 26th, 2016 • Paragon Commercial CORP • State commercial banks • North Carolina

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.

Amendment to Endorsement Split Dollar Agreement
Endorsement Split Dollar Agreement • November 7th, 2011 • Crescent Financial Corp • State commercial banks

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”).

ENDORSEMENT SPLIT-DOLLAR AGREEMENT
Endorsement Split-Dollar Agreement • November 13th, 2020 • ServisFirst Bancshares, Inc. • State commercial banks • Alabama

This ENDORSEMENT SPLIT-DOLLAR AGREEMENT (this “Agreement”) is made and entered into effective as of the 9th day of November, 2020 (the “Effective Date”), by and between ServisFirst Bank, an Alabama corporation (the “Bank”), and Rodney E. Rushing, an individual (“Insured”).

CRESCENT STATE BANK ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • March 30th, 2004 • Crescent Financial Corp • Savings institution, federally chartered • North Carolina

THIS ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 1st day of October, 2003 by and between Crescent State Bank, a North Carolina-chartered commercial bank located in Cary, North Carolina (the “Bank”), and Thomas E. Holder, Jr., 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.

ENDORSEMENT SPLIT-DOLLAR
Endorsement, Split-Dollar Agreement • June 18th, 2010 • Charter Financial Corp/Ga • Savings institution, federally chartered • Georgia

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

ENDORSEMENT SPLIT-DOLLAR
Endorsement Split-Dollar Agreement • June 18th, 2010 • Charter Financial Corp/Ga • Savings institution, federally chartered • Georgia

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

Southern Community Bank and Trust Endorsement Split Dollar Agreement
Endorsement Split Dollar Agreement • March 14th, 2008 • Southern Community Financial Corp • State commercial banks • North Carolina

This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 14th day of March , 2007 by and between Southern Community Bank and Trust, a North Carolina-chartered bank (the “Bank”), and F. Scott Bauer, 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.

CORTLAND SAVINGS AND BANKING COMPANY ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • March 29th, 2012 • Cortland Bancorp Inc • Savings institution, federally chartered • Ohio

This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 27th day of March, 2012, by and between Cortland Savings and Banking Company, an Ohio-chartered, FDIC-insured member bank (the “Bank”), and David Lucido, 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.

THE SAVINGS BANK OF UTICA ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • February 27th, 2004 • Partners Trust Financial Group Inc • National commercial banks • New York

THIS AGREEMENT (“Agreement”) made the 27th day of June, 2001 by and between The Savings Bank of Utica, New York (hereinafter called “the Employer”) and John A. Zawadzki (hereinafter called “Employee”).

AMENDMENT TO THE ENDORSEMENT SPLIT-DOLLAR AGREEMENT
Endorsement Split-Dollar Agreement • April 9th, 2009 • Chase Corp • Electric lighting & wiring equipment

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”).

AMENDMENT TO ENDORSEMENT SPLIT DOLLAR AGREEMENT OF MIDCAROLINA BANK AND
Endorsement Split Dollar Agreement • March 21st, 2008 • Midcarolina Financial Corp • State commercial banks

Whereas, MidCarolina Bank (the “Bank”) and (the “Executive”) are parties to an Endorsement Split Dollar Agreement dated , 2004 (the “Split Dollar Agreement”), previously amended by the parties to delete Section 2.2(b); and

MIDCAROLINA BANK ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • March 29th, 2006 • Midcarolina Financial Corp • State commercial banks • North Carolina

THIS ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 1st day of October, 2004 by and between MidCarolina Bank, a North Carolina-chartered commercial bank (the “Bank”), and Robert C. Patterson, an officer of the Bank (the “Officer”). 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.

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CORTLAND SAVINGS AND BANKING COMPANY ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • August 13th, 2013 • Cortland Bancorp Inc • Savings institution, federally chartered • Ohio

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.

AMENDMENT TO ENDORSEMENT SPLIT DOLLAR AGREEMENT OF MIDCAROLINA BANK AND ROBERT C. PATTERSON
Endorsement Split Dollar Agreement • March 21st, 2008 • Midcarolina Financial Corp • State commercial banks

Whereas, MidCarolina Bank (the “Bank”) and Robert C. Patterson (the “Officer”) are parties to an Endorsement Split Dollar Agreement dated October 1, 2004 (the “Split Dollar Agreement”); and

TIDELANDS BANK ENDORSEMENT SPLIT DOLLAR AGREEMENT
Endorsement Split Dollar Agreement • February 26th, 2010 • Tidelands Bancshares Inc • National commercial banks • South Carolina

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.

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