0001193125-05-123753 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT OF DALE PHELPS
Executive Employment Agreement • June 10th, 2005 • Millennium Bankshares Corp • National commercial banks • Virginia

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as the date of the last signature affixed hereto between MILLENNIUM BANK, N.A., a national banking association (the “Bank”), a wholly owned subsidiary of Millennium Bankshares Corporation (“Millennium Bankshares”), and Dale Phelps (“Executive”).