CPBC » Topics » Item 1.01 Entry into a Material Definitive Agreement.

This excerpt taken from the CPBC 8-K filed Sep 25, 2006.

Item 1.01    Entry into a Material Definitive Agreement.

On September 20, 2006, the Amended and Restated Severance Agreement between The Town Bank ("Town Bank") and Edwin Wojtaszek, Executive Vice President and Senior Loan Officer of Town Bank, and the Amended and Restated Severance Agreement between Town Bank and Robert W. Dowens, Sr., President, Chief Executive Officer, and a director of Town Bank, each entered into on June 21, 2006, were amended solely to extend the term of each agreement to December 31, 2006. All other terms of these agreements remain in full force and effect.

Copies of the amendments to the Amended and Restated Severance Agreements are filed as Exhibits 10.1 and 10.2 hereto and are incorporated herein by reference.

This excerpt taken from the CPBC 8-K filed Jul 24, 2006.

Item 1.01  Entry into a Material Definitive Agreement.

On June 21, 2006, the Severance Agreement between The Town Bank and Edwin Wojtaszek, dated as of December 4, 2002, as amended, and the Severance Agreement between The Town Bank and Robert W. Dowens, Sr., dated as of December 4, 2002, as amended, were amended solely to extend the term of each agreement to September 30, 2006. Copies of the Amended and Restated Severance Agreements are filed as Exhibits 10.1 and 10.2 hereto and are incorporated herein by reference.

EXCERPTS ON THIS PAGE:

8-K
Sep 25, 2006
8-K
Jul 24, 2006
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki