Document:

Exhibit 10.A

 Exhibit 10(a) 
  
 DIRECTORS’ DEFERRED COMPENSATION PLAN 
  
 ARTICLE I - Definitions 
  
 1.1 “Plan” means the Directors’ Deferred Compensation Plan of Bank of Raleigh, as described in this instrument, effective January, 1987,
and thereafter. 
  
 1.2 “Bank” means Bank of Raleigh, a
West Virginia corporation, or a successor corporation thereafter. 
  
 1.3 “Committee” means the Committee, if any, appointed to administer the Plan as and to the extent provided in Article 2.13. 
  
 1.4 “Director” means a Director of the Bank or of any division, subsidiary or affiliate of the Bank who is eligible to become a participant in
the Plan under the eligibility requirements then in effect as established by the Committee pursuant to Article 2.13. 
  
 1.5 “Fiscal Year” means the fiscal year of the Bank as established from time to time. 
  
 1.6 “Participant” means a person who is selected to participate in
the Plan and has executed the Adoption Agreement as required by Paragraph 2.7 hereof. 
  
 1.7 “Deferred Compensation” means the portion of a participant’s compensation for any fiscal year, or part thereof, that has been deferred pursuant to the Plan. 
  
 1.8 “Termination of Service” or similar expression means the
termination of the participant as a Director of the Bank or any division, subsidiary or affiliate thereof. Total disability, whether temporary or permanent, as defined herein, shall not be considered termination of service, however, the deferral
amount as stated in Paragraph H of the Adoption Agreement shall be terminated at time of disability, provided the participant does not continue to receive Director’s fees. 
  
 1.9 “Total Disability” whether temporary or permanent as used herein shall mean disability resulting from bodily
injury provided same is not self-inflicted or disease that prevents a Participant from engaging in any occupation for compensation or profit which disability has existed continuously for at least six months. 
  
 1.10 “Normal Retirement Date” for each participant shall be the
date set forth as the Participant’s Normal Retirement Date in Section E of the Adoption Agreement executed by Participant and Bank, an unexecuted copy of which is attached hereto as Exhibit I. 
  

 ARTICLE II 
  

2.1 Each Director of the Bank or of any division, subsidiary or affiliate of the Bank selected to participate in the Plan may have a portion of his
Directors’ fees to be received by him deferred in accordance with the terms and conditions of the Plan. The amount of such fees that may be so deferred shall not exceed the amount indicated in Paragraph H of the Adoption Agreement attached
hereto as Exhibit I (“Adoption Agreement”). 
  
 2.2
Continued Service. (a) Each Director in the Plan shall continue as a Director of the Bank under terms mutually agreed upon between the Bank and the Participant, from time to time, until the Participant reaches his Normal Retirement Date or
until such date as may be mutually agreed upon, or until his prior death or total and permanent disability, as herein defined, or until consent of the Bank to his early retirement. Any payments under this Plan shall be independent of, and in
addition to, those under any other Plan, program or agreement which may be in effect between the Bank and the Participant. This Plan and the Adoption Agreement attached hereto as Exhibit “I” shall not be construed as a contract of
employment, nor do either restrict the right of the shareholders of the Bank to remove the Participant as a director, or the right of the Participant to resign as a Director. (b) In the event of total disability resulting in the participant
terminating as a Director of the Board, the participant will receive benefits in accordance with the provisions for early termination. 
  
 2.3 Pre-Retirement Death Benefits. (a) If a Participant dies before his normal retirement date as specified in Paragraph F of the Adoption
Agreement, while serving as a Director of the Bank, the Bank will pay to his beneficiary the monthly benefit stated in Paragraph F of the Adoption Agreement. (b) If a Participant resigns as a Director of the Bank before his Normal Retirement Date
for any reason except retirement, no death benefit shall be payable unless he has completed two (2) years of participation in the Plan. (c) If the Participant who resigns has completed two (2) or more years participation in the Plan and dies prior
to his normal Retirement Date, the Participant’s beneficiary(ies) will receive a monthly benefit for a total of 180 months. The amount of such benefit will be equal to a pro-rata portion of the pre-retirement Death Benefit based on the formula
contained in the Article 2.6 hereof. In no event will this stated pre-retirement death benefit be greater than that specified in paragraph F of the Adoption Agreement. 
  
 All payments to be made pursuant to this Article 2.3 shall commence 30 days following the death of the Participant.

  
 2.4 Post Retirement Death and Income Benefits. Upon a
Participant attaining his Normal Retirement Date, whether or not he then retires, the Bank will pay him the monthly benefits stated in Paragraph G of the Adoption Agreement. Payments hereunder shall commence the month following his Normal Retirement
Date. 
  
 If the Participant dies prior to receiving 180 monthly
payments in the amount specified in Paragraph G of the Adoption Agreement, the Participant’s Beneficiary shall continue to receive such monthly payments in a like amount until the benefits provided for therein have been paid in full. If such
Participant has received at least 180 monthly payments in the amount specified in Paragraph G of the Adoption Agreement prior to such Participant’s death, no further benefits shall be due hereunder. 
  

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 2.5 Suicide. Notwithstanding any other provisions of this Plan, no benefits shall be payable
hereunder to a Participant’s beneficiary if the Participant’s death occurs as a result of a suicide, while sane or insane, within two years after (i) the date of said Participant’s execution of the Adoption Agreement and/or (ii) the
date of any subsequent change in the Benefits for said Participant. 
  
 2.6 Early Termination. If the Participant’s service as a Director of the Bank is terminated for reasons other than death or total and permanent disability prior to his Normal Retirement Date, with or without cause or voluntarily
or involuntarily, and if the Participant’s termination was not due to fraudulent or dishonest conduct by the Participant, and if the Participant had not completed at least two (2) years participation in the Plan, the Bank shall return to the
Participant all amounts of his Directors’ fees which were deferred, if any, as a result of his participation in this Plan and such Participant shall not be entitled to receive any benefits under the Plan. 
  
 If termination as a Director of the Bank occurs after a Participant has
completed two (2) years of participation in the Plan, and if he is then living, the Participant shall at his normal Retirement Date receive a pro-rata portion of the post-retirement benefits provided for in Paragraph G of the Adoption Agreement
determined as follows: 
  

					
	Years served on the Board of Bank after effective date of the Plan. (Rounded to the nearest whole year)	  	 	  	 
	  
 Divided by
	  	X	  	Post Retirement Benefit stated in Paragraph G of the Adoption Agreement
	  
 Years Director would have been on the Board of the Bank after the
effective date of the Plan if he had continued to serve on the Board until his Normal Retirement Date. (Rounded to the nearest whole year)
	  	 	  	 

  
 Payments due hereunder
shall commence the month following his Normal Retirement Date. 
  
 2.7 Requirements for Participants. In order to participate herein, the Directors of the Bank selected to participate by the Bank shall execute an Adoption Agreement, in the form attached hereto as Exhibit “I”. 

 
 2.8 Beneficiary. Each Participant shall have the right to designate
a Primary and Contingent Beneficiary entitled to receive the benefits payable upon death on behalf of such Participant under the provisions of this Plan. The Participant may change or revoke such designation in writing. 
  

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 2.9 Unfunded Plan. No Participant or any other person shall have any interest in any fund or in
any specific asset or assets of the Bank by reason of any amounts due him hereunder, nor any right to receive any distribution under the Plan except as and to the extent expressly provided in the Plan. Nothing in the Plan shall be deemed to give any
subsidiary or affiliate of the Bank rights to participate in the Plan, except in accordance with the provisions of the Plan. All benefits provided for hereunder and all other amounts deferred hereunder are completely unsecured and are payable only
out of the general assets of the Bank. The Bank shall be under no obligation whatsoever to purchase or maintain any life insurance policy or annuity contract or in any other manner provide the benefits or fund its obligations under this Plan.

  
 2.10 Non-assignability. Neither the Participant nor the
Participant’s spouse, nor their heirs or legatees shall have any right to commute, encumber or dispose of the right to receive payments hereunder, which payments and the right thereto are expressly declared to be non-assignable and
non-transferable. 
  
 2.11 Rights of Rank to Terminate The
Plan. The Bank shall have the right to terminate this Plan at any time. If the Plan is terminated, a Participant with less than two (2) years participation in the Plan shall receive a payment equal to the total compensation deferred by the
Participant, if any, because of his participation in the Plan. If the Plan is terminated, a Participant with two (2) years or more participation in the Plan shall receive future benefits in the same manner and amount as he would have received had he
terminated his service as a director on the date the plan is terminated. Anything herein to the contrary notwithstanding, should the Bank elect to terminate the Plan, it shall be obligated to continue to pay all benefits provided for hereunder to
all Participants or their beneficiaries, as the case may be, who have died or retired and who have become entitled to receive same in accordance with terms of the Plan. 
  
 2.12 Relation to Other Plans. Any benefits payable under this Plan shall not be deemed compensation to any
Participant for the purpose of computing benefits to which he may be entitled under any pension or profit-sharing plan or other similar plan or arrangement of the Bank for the Benefit of its Participants. 
  
 2.13 Administration. The Board of Directors of the Bank shall have
full power and authority to administer this Plan or at its election it may delegate such authority to a committee made up of three (3) members of the Bank’s Board of Directors. No member of the Board shall be liable to any person for any action
taken or omitted in connection with the administration of this Plan unless attributable to his own willful misconduct or lack of good faith. The Directors shall, from time to time, establish eligibility requirements for participation in the Plan and
rules for the Administration of the Plan that are not inconsistent with the provisions of the Plan. 
  
 2.14 Amendment. The Board of Directors of the Bank reserves the right to amend this Plan in such manner as it in its sole discretion may deem
necessary and proper. 
  
 2.15 Law Governing. This Plan
shall be construed in accordance with and governed by the laws of the State of West Virginia. 
  
 2.16 Facility of Payment. Payment hereunder to the Participant or his or her beneficiary pursuant to this Plan shall fully discharge the Bank from all claims or liabilities with respect to 

  

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such payments unless, before such payment is made, the Bank has received at its principal place of business written notice by or on behalf of some other
persons who claims to be entitled to such payments or some part thereof. In the event the Participant is deceased and a Court of competent jurisdiction has entered a final order with respect to his or her estate, payment of such money, or portions
thereof, if any be due, pursuant to the terms of the judgment shall likewise fully protect the Bank making such payment unless, before such payment is made, written notice of a claim or adverse claim received in the manner provided above.

  
 2.17 Effect of Merger, Etc. The Bank shall not merge,
consolidate, or combine with any other business entity unless and until the succeeding or continuing Bank expressly assumes and confirms the duties and obligations of the Bank under this Plan. 
  

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 EXHIBIT I 
  
 ADOPTION AGREEMENT 
  
 DIRECTORS’ DEFERRED COMPENSATION PLAN 
  
 A. I,                     , a Director
of Bank of Raleigh, (the “Bank”) acknowledge that I have been furnished with a copy of the Directors’ Deferred Compensation Plan of the Bank of Raleigh (the “Plan”) and that I have been selected for participation therein.

  
 B. I hereby adopt the plan and agree to be bound by all of its
provisions as it now exists or may hereafter be amended. 
  
 C. My
beneficiary(ies) is: 
  
 PRIMARY: 
  
 CONTINGENT: 
  
 D. I agree to take such physical examination and to supply truthfully and complete such information as may be required by
the Bank. 
  
 E. My normal retirement date for purposes of the
Plan is                     . 
  
 F. The amount of my pre-retirement death benefits payable under Paragraph 2.3(a) of the Plan is
                     payable monthly for a total of 180 months. 
  

	 	(i)	The monthly Pre-Retirement Death Benefits will be increased by $
                     on each plan anniversary prior to my fifty-fifth (55th) birthday; thereafter, the monthly Pre-Retirement Death Benefit will be the same as my monthly Post-Retirement Benefit. 

  
 G. The amount of my post-retirement income benefits payable under Paragraph
2.4 of the Plan is                      payable monthly for 180 months. 
  
 H. In consideration of my participation in this plan, I agree to defer $
                     per month from my Directors Fees until my normal retirement date which shall be applied as provided in the Plan to which
this Adoption Agreement is attached. 
  
 I. This Adoption
Agreement may be amended only by the written consent of the Bank and the Participant, except that Participant can change his beneficiary designation in writing at any time, as provided in Article 2.8 of the Plan. 
  
 J. The effective date for my enrollment for all purposes of the
Directors’ Deferred Compensation Plan is the later of January 1, 1990 or the date the Bank puts this Plan into effect. 
  

 6Exhibit 10.B

 Exhibit 10(b) 
  
 DEFERRED COMPENSATION AGREEMENT 
  
 THIS AGREEMENT entered into this the 15th day of January, 1987, by and
between THE NATIONAL BANK OF SUMMERS, a corporation organized and existing under the laws of the UNITED STATES OF AMERICA (hereinafter referred to as the “Corporation”), and
                    , an independent contractor (hereinafter referred to as “Director”). 
  
 WHEREAS, the Director has provided services in a capable and efficient
manner, resulting in substantial growth and progress to the Corporation; and 
  
 WHEREAS, the experience of the Director is such that assurance of his continued services is essential to the future growth and profits of the Corporation; and 
  
 WHEREAS, the Corporation desires to retain the services of the Director; and

  
 WHEREAS, the Director is willing to continue to provide
services to the Corporation if the Corporation will agree to pay to him or his designees certain benefits in accordance with the provisions and conditions hereinafter set forth; and 
  
 WHEREAS, the Corporation is the owner of certain life insurance policies and other property on behalf of the Director. NOW,
THEREFORE, in consideration of the agreements between the parties, the parties covenant and agree as follows: 
  
 1. PROMISE TO PAY 
  
 Notwithstanding any other agreements between the parties, the Corporation agrees to pay the Director certain amounts, as hereinafter set forth, payments of which will be deferred pursuant to the terms of this Agreement as hereinafter set
forth. 
  
 2. MATURITY DATE 
  
 The Corporation agrees that the payments to the Director shall commence upon
the first day of the month following his sixty-fifth (65th) birthday, hereinafter called the Maturity Date. 
  
 3. DEFERRED COMPENSATION BENEFIT 
  
 If the Director is living on the Maturity Date, the Director shall be entitled to receive, in monthly installments over a period of one hundred eighty (180) Months, an amount determined by the following table assuming
all dividends have been reinvested in the policy and the policy has been continuously kept in full force plus the then value of all other investments made by and owned by the Corporation on behalf of the Director. 
  
 Example: (1st, 2nd, 3rd, etc.) 12 monthly payments shall equal (1/15, 1/14, 1/13, etc.) of
the net cash surrender value plus any dividend payable during the preceding year divided by one minus the current marginal Federal Tax bracket of the Corporation. 
  

 Table I 
  

											
	 1st
	  	12	  	Months	    	-	    	1/15	  	(See above example)
	 2nd
	  	12	  	Months	    	-	    	1/14	  	"
	 3rd
	  	12	  	Months	    	-	    	1/13	  	"
	 4th
	  	12	  	Months	    	-	    	1/12	  	"
	 5th
	  	12	  	Months	    	-	    	1/11	  	"
	 6th
	  	12	  	Months	    	-	    	1/10	  	"
	 7th
	  	12	  	Months	    	-	    	1/9	  	"
	 8th
	  	12	  	Months	    	-	    	1/8	  	"
	 9th
	  	12	  	Months	    	-	    	1/7	  	"
	 10th
	  	12	  	Months	    	-	    	1/6	  	"
	 11th
	  	12	  	Months	    	-	    	1/5	  	"
	 12th
	  	12	  	Months	    	-	    	1/4	  	"
	 13th
	  	12	  	Months	    	-	    	1/3	  	"
	 14th
	  	12	  	Months	    	-	    	1/2	  	"
	 15th
	  	12	  	Months	    	-	    	Remainder	  	 

  
 “Net cash
surrender value” shall mean the cash surrender value on the maturity date plus annual increases (cumulatively) of cash value less amounts of cash value used for payments to the Director (or equal to what would have been paid out of cash value
if the corporation does not actually pay by borrowing or making partial surrenders) which would be the total payments to the Director less the tax savings of the Corporation due to the payments being tax deductible. 
  
 The Director shall be entitled to a minimum monthly payment of
$                 beginning at the maturity date. 
  
 EXAMPLE OF 3. 
  

	
	 Dividend paid during preceding policy year $8,000.

	
	 Maturity Date cash surrender value $97,500.

	
	                                        
     ($97,500)

	
	 First monthly payment = (15) + ($8,000) divided by 12 = $1,830.81

	                                        
         (1 - .34)

  
 If Director is still
alive after 15 years, a monthly amount equal to the 180th payment shall continue to be paid to the Director during the life of Director. 
  
 4. PREMATURITY DEATH BENEFIT 
  
 If the Director shall die prior to the Maturity Date, his beneficiaries, determined in accordance with Paragraph 5 hereof, shall receive, in equal monthly
installments over a period of one hundred eighty (180) months, an amount determined by taking the death benefit of said policy, assuming all dividends have been reinvested in the policy and said policy has been kept continuously in full force, and
dividing it by one minus the Federal marginal tax rate of the Corporation and dividing by the number of payments (180). 
  

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 EXAMPLE OF 4 
  
 Death Benefit = $70,000. 
  

	
	                                        
                             ($70,000)

	 180 equal monthly installments of (1 - .34) divided by 180 = $589.23

  
 5. BENEFICIARY OF DEATH BENEFIT

  
 In the event that the Director should die prior to receipt of
any amount to which he is entitled hereunder, or of all such amounts, any amounts remaining unpaid shall be paid to such beneficiary or beneficiaries as the Director may designate by filing with the Corporation a notice in writing, but in the
absence of any such designation, such unpaid amounts shall be paid to his surviving spouse, if living, and if not living, then the balance remaining shall be paid in a single lump sum to the Director’s estate. 
  
 6. INSTALLMENT PAYMENT OF DEATH BENEFIT 
  
 In the event payment of monthly installments shall have theretofore
commenced to the Director, the beneficiaries shall receive the balance of the monthly payments in the amount of the last monthly payment that was paid to the Director for up to 15 years, but in no case shall there be more than a total of 180
payments (including payments to the Director as well as the beneficiary). 
  
 7.
TERMINATION BENEFIT 
  
 If the Director shall become
disabled or his services shall be terminated for any reason other than death, he shall be entitled to monthly installments determined by the formula established in Paragraph 3 hereof. However, the minimum monthly payment provision shall not apply.

  
 8. NON-ASSIGNABLE RIGHTS 
  
 Except as otherwise provided by this Agreement, it is agreed that neither
the Director nor his spouse, nor other beneficiary, shall have any right to commute, sell, assign, transfer or otherwise convey the right to receive any payments hereunder which payments and the right thereto are expressly declared to be
non-assignable and non-transferable. 
  
 9. NON-FORFEITABLE RIGHTS

  
 All rights and benefits provided to the Director under this
Agreement shall be fully vested and non-forfeitable. 
  
 10. INDEPENDENCE OF
AGREEMENT 
  
 The benefits payable under this Agreement shall
be independent of, and in addition to, any other service agreement that may exist from time to time between the parties hereto, or any other compensation payable by the Corporation to the Director. 
  
 This Agreement shall not be deemed to constitute a contract of service
between the parties hereto, nor shall any provision hereof restrict the right of the Corporation to discharge the Director, or restrict the right of the Director to terminate his services. 
  
 11. NON-SECURED PROMISE 
  
 The rights of the Director under this Agreement and of any beneficiary of the Director shall be solely those of an unsecured
creditor of the Corporation. Any insurance policy or any other asset acquired or held by the Corporation in connection with the liabilities assumed by it hereunder, shall not, except as otherwise expressly provided, be deemed to be held under any
trust for the benefit of 

  

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the Director or his beneficiaries or to be security for the performance of the obligations of the Corporation, but shall be, and remain, a general,
unpledged, unrestricted asset of the Corporation. 
  
 12. CHANGE OF BUSINESS
FORM 
  
 The Corporation agrees that it will not merge or
consolidate with any other corporation or organization, or permit its business activities to be taken over by any other organization, unless or until the succeeding or continuing corporation or other organization shall expressly assume the rights
and obligations of the Corporation herein set forth. The Corporation further agrees that it will not cease its business activities or terminate its existence, other than as heretofore set forth in this Paragraph 12, without having made adequate
provision for the fulfilling of its obligations hereunder. In the event of any default with respect to the provision of this Paragraph 12, the Director (or other obligee or obligees) shall have a continuing lien on all corporate assets, including
already transferred assets, until such default be corrected. 
  
 13. AMENDMENT
OF AGREEMENT 
  
 This Agreement may be revoked or amended in
whole or in part by a writing signed by both the parties hereto. 
  
 14.
GOVERNING LAW 
  
 This Agreement shall be governed by the
laws of the State of West Virginia. 
  
 IN WITNESS WHEREOF, the
said Corporation has caused this Agreement to be signed in its corporate name by its duly authorized officer, and impressed with its corporate seal, and properly attested to, and the said Director has hereunto set his hand and seal, all on the day
and year first above written. 
  

							
	 ATTEST:
	 	 	 	 CORPORATION
	 	 
				
	  	 	 	 	  	 	 (SEAL)

	Witness	 	 	 	 	 	 
				
	  	 	 	 	  	 	 (SEAL)

	Witness	 	 	 	Director	 	 

  

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