0001193125-11-078237 Sample Contracts

SEVERANCE AND NON-COMPETITION AGREEMENT
Severance and Non-Competition Agreement • March 25th, 2011 • Sterling Bancshares Inc • State commercial banks • Texas

THIS SEVERANCE and NON-COMPETITION AGREEMENT (the “Agreement”) is entered into effective as of this 4th day of May, 2009 by and among Sterling Bancshares, Inc., a Texas corporation (“Bancshares”), Sterling Bank, a banking association chartered by the State of Texas and an indirect subsidiary of Bancshares (“Bank”) and Michelle L. Mahfouz (the “Executive Officer”).