SEC Contract Filing

Filing Date: 2018-05-02

Document Content:
<DOCUMENT>
<TYPE>EX-10.2
<SEQUENCE>3
<FILENAME>nbhc-20180502ex1027e2311.htm
<DESCRIPTION>EX-10.2
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 Lilly_Annoucement_Ex_10_2
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 <font style="display:inline;">EMPLOYMENT AGREEMENT</font>
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 <font style="display:inline;">THIS EMPLOYMENT AGREEMENT (this &#x201C;</font><font style="display:inline;text-decoration:underline;">Agreement</font><font style="display:inline;">&#x201D;) is made and entered into as of May 2, 2018, by and between Aldis Birkans&nbsp;(the &#x201C;</font><font style="display:inline;text-decoration:underline;">Executive</font><font style="display:inline;">&#x201D;) and National Bank Holdings Corporation, a Delaware corporation (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Company</font><font style="display:inline;">&#x201D;).</font>
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 <font style="display:inline;">WHEREAS, the Company and the Executive are parties to that certain Change of Control Agreement, dated as of August 1, 2014 (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Prior Agreement</font><font style="display:inline;">&#x201D;); and</font>
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 <font style="display:inline;">WHEREAS, the Company is desirous of continuing to employ the Executive in an executive capacity on the terms and conditions, and for the consideration, hereinafter set forth, and the Executive is desirous of remaining employed by the Company on such terms and conditions and for such consideration.</font>
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 <font style="display:inline;">NOW, THEREFORE, in consideration of the mutual covenants and agreements set forth below, including those set forth in Section&nbsp;&#x200E;10, and for other good and valuable consideration, it is hereby covenanted and agreed by the Executive and the Company as follows:</font>
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 <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;color:#000000;font-size:12pt;text-decoration:none;border-bottom:1pt none #D9D9D9;;;padding:0pt 26pt 0pt 0pt;"> 1.</font>
 <font style="display:inline;text-decoration:underline;">Effective Date</font><font style="display:inline;color:#000000;">.&nbsp;&nbsp;This Agreement shall become binding and enforceable on August&nbsp;10, 2018 (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Effective Date</font><font style="display:inline;color:#000000;">&#x201D;), subject to its execution by the Executive and the Company, and the Executive&#x2019;s continued employment with the Company through the Effective Date. &nbsp;If the foregoing conditions are not satisfied, then this Agreement shall be null and void </font><font style="display:inline;font-style:italic;">ab initio</font><font style="display:inline;color:#000000;"> and of no force or effect.</font></p></td></tr></table></div>
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 <font style="display:inline;text-decoration:underline;">Employment Period</font><font style="display:inline;color:#000000;">.&nbsp;&nbsp;The initial term of the Executive&#x2019;s employment hereunder shall commence on the Effective Date and end on December&nbsp;31, 2018 (the &#x201C;</font><font style="display:inline;text-decoration:underline;">Initial