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Filing tables
Filing exhibits
- 10-K Annual report
- 10.7 Letter Agreement - David Tai
- 10.8 Letter Agreement - David Choi
- 10.9 Letter Agreement - Terry Tangen
- 21 Subsidiaries
- 23.1 Consent of Pricewaterhousecoopers LLP
- 31.1 Certification of CEO Pursuant to Rule 13A-14(A)
- 31.2 Certification of CFO Pursuant to Rule 13A-14(A)
- 32.1 Certification of CEO Pursuant to 18 U.s.c. Section 1350
- 32.2 Certification of CFO Pursuant to 18 U.s.c. Section 1350
Related press release
MetroCorp Bancshares similar filings
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Exhibit 10.8
![](https://capedge.com/proxy/10-K/0000950129-07-001361/h43662h4366200.gif)
February 14, 2005
David Choi
Chief Financial Officer
MetroBank, N.A.
Chief Financial Officer
MetroBank, N.A.
David:
The bank is pleased to provide you with the following agreement:
We do not anticipate your having to use the following separation package plan, but, we will pay you 18 months of your base pay should the bank be acquired and the new owners seek to replace you or diminish your employment status, i.e. pay, responsibilities, etc., or should the new management decide to remove you for reasons other than for failed performance, cause, resignation, disability, death or moral turpitude. If the separation package is used, then all offered stock options and/or restricted shares may be exercised during whichever of the following timeframes is longer: the period between the day of notification of separation and the day you receive the separation pay package, or within two weeks of receiving a separation notification.
We value your past and present contributions and look to the future for you continued efforts and dedication to MetroBank, N.A.
Sincerely,
/s/ George Lee
George Lee
Chief Executive Officer
MetroBank, N.A.
Chief Executive Officer
MetroBank, N.A.