Temporary Employment Offer Letter between Old Point National Bank and Laurie D. Grabow (May 2017)
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Summary
Old Point National Bank offers Laurie D. Grabow a temporary, part-time accounting position, reporting to the CEO. The role starts June 1, 2017, and ends on or before July 14, 2017, with an hourly wage of $125. The position is not eligible for benefits and can be terminated by either party at any time, as employment is at-will. Work will be performed both remotely and at the bank's headquarters in Hampton. This letter does not constitute a contract for a specific term.
EX-10.18 2 ex10-18.htm EXHIBIT 10.18 Exhibit 10.18 
May 23, 2017
Dear Laurie,
We are pleased that you have accepted the position as a Temporary Employee - Accounting for Old Point National Bank.
Below are details of your compensation package that we previously discussed.
| Job Title: | Temporary Employee-Accounting |
| Reporting To: | Chief Executive Officer, Robert Shuford, Jr |
| Status: | Part Time |
| Work Location: | Working both remotely and at the Headquarters location in downtown Hampton |
| Start Date: | Thursday, June 1, 2017 |
| End Date: | On or Before Friday, July 14, 2017 |
| Hourly Rate: | $125.00 (per hour) |
| Benefits: | Not benefits eligible |
Your employment with our company is "at will", which means that either you or the Company may terminate the relationship at any time. Neither this letter nor any other oral or written representations may be considered a contract for any specific period of time.
Sincerely,
/s/ Robert F. Shuford, Jr.
Robert F. Shuford, Jr.
Accepted:
| /s/ Laurie D. Grabow | May 23, 2017 | |
| Laurie D. Grabow | Date |
