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 | 2006 |
Change in Control Protection Agreement
Change in Control Protection Agreement (15K)
Doc #965202: Click preview link for longer preview.
EXHIBIT 10.3
EXHIBIT 10.3
Exhibit 10.3 CHANGE IN CONTROL PROTECTION AGREEMENT AGREEMENT effective as of this
day of 200 by and between Cooperative Bank, a
North Carolina-chartered commercial bank (the Bank), and , an individual (the
Employee) . . .
965202
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Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative Bankshares, Inc. – IN CONTROL. A Change in Control shall be deemed to have occurred in any one of the following events:
(a)
Merger: The Banks parent holding company, Cooperative Bankshares, Inc. , (the Company) merges into or consolidates with another corporation, or merges
another corporation into the Company and as a result less than a majority of the combined _____________
dt 1470080
;
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Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative Bankshares, Inc. – IN CONTROL. A Change in Control shall be deemed to have occurred in any one of the following events:
(a)
Merger: The Banks parent holding company, Cooperative Bankshares, Inc. , (the Company) merges into or consolidates with another corporation, or merges
another corporation into the Company and as a result less than a majority of the combined _____________
dt 1462966
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 | 2004 |
Change in Control Protection Agreement
Change in Control Protection Agreement (21K)
Doc #965252: Click preview link for longer preview.
AGREEMENT effective as of this 3rd day of June 2004 by and between
Cooperative Bank, a North Carolina-chartered commercial bank (the "Bank"), and
O.C. Burrell, Jr., an individual (the "Employee").
WHEREAS, the Bank considers it essential to foster the continuous
employment of key management personnel by minimizing the uncertainty, departures
or distractions of management personnel associated with a Change in Control;
NOW THEREFORE, the Bank and the Employee, in consideration of the premises
and mutual covenants contained herein . . .
965252
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Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative
Bankshares, Inc. – follows:
1. CHANGE IN CONTROL. A "Change in Control" shall be deemed to have
-------------------
occurred in any one of the following events:
(a) Merger: The Bank's parent holding company, Cooperative
Bankshares, Inc. , (the "Company") merges into or consolidates
with another corporation, or merges another corporation into the
Company and as a result less than a majority of the combined
voting power _____________
dt 1470081
;
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Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative
Bankshares, Inc. – follows:
1. CHANGE IN CONTROL. A "Change in Control" shall be deemed to have
-------------------
occurred in any one of the following events:
(a) Merger: The Bank's parent holding company, Cooperative
Bankshares, Inc. , (the "Company") merges into or consolidates
with another corporation, or merges another corporation into the
Company and as a result less than a majority of the combined
voting power _____________
dt 1462967
|
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 | 2004 |
Change in Control Protection Agreement
Change in Control Protection Agreement (21K)
Doc #965254: Click preview link for longer preview.
AGREEMENT effective as of this 3rd day of June 2004 by and between
Cooperative Bank, a North Carolina-chartered commercial bank (the "Bank"), and
Todd L. Sammons, an individual (the "Employee").
WHEREAS, the Bank considers it essential to foster the continuous
employment of key management personnel by minimizing the uncertainty, departures
or distractions of management personnel associated with a Change in Control;
NOW THEREFORE, the Bank and the Employee, in consideration of the premises
and mutual covenants contained herein and . . .
965254
|
Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative
Bankshares, Inc. – follows:
1. CHANGE IN CONTROL. A "Change in Control" shall be deemed to have
-------------------
occurred in any one of the following events:
(a) Merger: The Bank's parent holding company, Cooperative
Bankshares, Inc. , (the "Company") merges into or consolidates
with another corporation, or merges another corporation into the
Company and as a result less than a majority of the combined
voting power _____________
dt 1470082
;
|
Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative
Bankshares, Inc. – follows:
1. CHANGE IN CONTROL. A "Change in Control" shall be deemed to have
-------------------
occurred in any one of the following events:
(a) Merger: The Bank's parent holding company, Cooperative
Bankshares, Inc. , (the "Company") merges into or consolidates
with another corporation, or merges another corporation into the
Company and as a result less than a majority of the combined
voting power _____________
dt 1462968
|
| Preview
Full Doc
 | 2004 |
Change in Control Protection Agreement
Change in Control Protection Agreement (21K)
Doc #965255: Click preview link for longer preview.
AGREEMENT effective as of this 3rd day of June 2004 by and between
Cooperative Bank, a North Carolina-chartered commercial bank (the "Bank"), and
Dickson B. Bridger, an individual (the "Employee").
WHEREAS, the Bank considers it essential to foster the continuous
employment of key management personnel by minimizing the uncertainty, departures
or distractions of management personnel associated with a Change in Control;
NOW THEREFORE, the Bank and the Employee, in consideration of the premises
and mutual covenants contained herein . . .
965255
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Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative
Bankshares, Inc. – follows:
1. CHANGE IN CONTROL. A "Change in Control" shall be deemed to have
-------------------
occurred in any one of the following events:
(a) Merger: The Bank's parent holding company, Cooperative
Bankshares, Inc. , (the "Company") merges into or consolidates
with another corporation, or merges another corporation into the
Company and as a result less than a majority of the combined
voting power _____________
dt 1470083
;
|
Cooperative
As referenced in this Change in Control Protection Agreement:
Cooperative
Bankshares, Inc. – follows:
1. CHANGE IN CONTROL. A "Change in Control" shall be deemed to have
-------------------
occurred in any one of the following events:
(a) Merger: The Bank's parent holding company, Cooperative
Bankshares, Inc. , (the "Company") merges into or consolidates
with another corporation, or merges another corporation into the
Company and as a result less than a majority of the combined
voting power _____________
dt 1462969
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