City National Bancshares Corp – United States of America Before the Board of Governors of the Federal Reserve System Washington, D.C. (December 29th, 2010)
WHEREAS, City National Bancshares Corporation, Newark, New Jersey ("City National"), a registered bank holding company, owns and controls City National Bank of New Jersey ("Bank"), Newark, New Jersey, and one nonbank subsidiary;
City National Bancshares Corp – Contract (July 7th, 2009)
Exhibit 10.1 ------------ AGREEMENT BY AND BETWEEN City National Bank of New Jersey Newark, New Jersey and The Comptroller of the Currency City National Bank of New Jersey, Newark, New Jersey ("Bank") and the Comptroller of the Currency of the United States of America ("Comptroller") wish to protect the interests of the depositors, other customers, and shareholders of the Bank, and, toward that end, wish the Bank to operate safely and soundly and in accordance with all applicable laws, rules and regulations. The Comptroller, through his National Bank Examiner, has examined the Bank and his/her findings are contained in the Report of Examination ("ROE") for the examination commenced on December 1, 2008. The Comptroller has found unsafe and unsound banki
City National Bancshares Corp – Waiver (April 13th, 2009)
This waiver includes all claims I may have under the laws of the United States or any other jurisdiction related to the requirements imposed by the EESA Restrictions (including without limitation, any claim for any compensation or other payments or benefits I would otherwise receive absent the EESA Restrictions, any challenge to the process by which the EESA Restrictions were adopted and any tort or constitutional claim about the effect of the foregoing on my employment relationship) and I hereby agree that I will not at any time initiate, or cause or permit to be initiated on my behalf, any such claim against the United States, my employer or its directors, officers, employees or agents in or before any local, state, federal or other agency, court or body.
City National Bancshares Corp – United States Department of the Treasury 1500 Pennsylvania Avenue, Nw Washington, D.C. 20220 (April 13th, 2009)
The company set forth on the signature page hereto (the "Company") intends to issue in a private placement the number of shares of a series of its preferred stock set forth on Schedule A hereto (the "Preferred Shares") and a warrant to purchase the number of shares of a series of its preferred stock set forth on Schedule A hereto (the "Warrant" and, together with the Preferred Shares, the "Purchased Securities") and the United States Department of the Treasury (the "Investor") intends to purchase from the Company the Purchased Securities.
City National Bancshares Corp – Contract (March 15th, 2007)
Exhibit 10.1 ------------ BRANCH PURCHASE AND ASSUMPTION AGREEMENT This Agreement, dated as of November 1, 2006 is made by and between Sun National Bank, a national banking association organized under the laws of the United States of America and having its principal place of business in Vineland, New Jersey ("Seller"), and City National Bank of New Jersey, a national banking association chartered under the laws of the United States and having its principal place of business in Newark, New Jersey ("Buyer"). ARTICLE I. DEFINITIONS 1.1 Certain Defined Terms. --------------------- Some of the capitalized terms appearing in this Agreement are defined below. The definition of a term expressed in the singular also applies to that term as used in the plural and vice versa. "Affiliate" means a
City National Bancshares Corp – Contract (December 4th, 2006)
Exhibit 10.1 ------------ EMPLOYMENT AGREEMENT THIS EMPLOYMENT AGREEMENT (the "Agreement") made effective as of May 26, 2006 by and among CITY NATIONAL BANK OF NEW JERSEY (the "Bank") a national banking association, CITY NATIONAL BANCSHARES CORPORATION (the "Corporation"), a New Jersey corporation, each with its principal office at 900 Broad Street, Newark, New Jersey (the Bank and the Corporation sometimes collectively referred to as the "Employer"), and LOUIS E. PREZEAU ("Executive"). WHEREAS, the Corporation is a bank holding company, and the Bank is a wholly-owned subsidiary of the Corporation; and WHEREAS, the Bank, the Corporation and the Executive have previously entered into an Employment Agreement effective as of May 25, 2003, which Employment Agreement is hereby revised, amended and extended pursuant to and in accordance wit
City National Bancshares Corp – Contract (March 30th, 2004)
TIER ROE* BONUS AMOUNT ---- ---- ------------ 1 0 10 15% The Tier 2 Bonus Amount, PLUS 20% of the amount by which the Corporation's net income (less preferred dividends) for such year exceeds 15% of the Corporation's average common equity for such year.