VIRGINIA BANKERS ASSOCIATION
MODEL NON-QUALIFIED DEFERRED COMPENSATION PLAN
(As Restated Effective January 1, 2008)
If the Corporation completing this document has any questions about the adoption of the Plan, the provisions of the Plan,
its representative should contact Bette J. Albert, C.L.U. at the Virginia Bankers Association Benefits Corporation, 4490 Cox
Road, Glen Allen, VA 23060-3341 - telephone number (804) 643-7469 during business hours.
VBA Director’s Non-Qualified Deferred Compensation Plan for C & F Financial Corporation
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Pursuant to subparagraph 10.1 of the Plan, the Board hereby adopts the following amendment to the Model Plan. This
amendment is effective only if adopted by the Board prior to December 31, 2008.
6.4 Transition Election Changes .
6.4(a) If permitted by the Plan Sponsor in Option 8 of the Adoption Agreement, prior to December 31, 2007, a Participant
who made a Deferral Election for the Plan Year 2005, 2006 and/or 2007 may elect a new Benefit Commencement Date and/or a
different form of payment applicable to a subdivision of his Deferral Account related to any or all of such Plan Years in
accordance with the following provisions:
(i) No such change may accelerate payments into the 2007 Plan Year that were not otherwise scheduled to be made
during such year.
(ii) No such change may delay payment into a later Plan Year that were otherwise scheduled to be paid during the
2007 Plan Year.
(iii) A separate change election may be made for the subdivision of his Deferral Account related to each of the Plan
Years or one change election shall be applicable to the subdivisions of his Deferral Account related to all three Plan Years,
1. EMPLOYER(S) ADOPTING PLAN NAMED IN PARAGRAPH 1.11 OF THE PLAN.
(a) Name of Plan Sponsor:
(b) Plan Sponsor’s telephone Number:
C & F Financial Corporation
(c) Address of Pl