Fauquier Bankshares, Inc. (Form: 8-K)  

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

     
Date of Report (Date of Earliest Event Reported):   June 8, 2005

Fauquier Bankshares, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Virginia 000-25805 541288193
_____________________
(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
10 Courthouse Square, Warrenton, Virginia   20186
_________________________________
(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   540 347-2700

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Top of the Form

Item 1.01 Entry into a Material Definitive Agreement.

On June 8, 2005, The Fauquier Bank ("TFB"), the sole subsidiary of Fauquier Bankshares, Inc. ("Bankshares"), and C.H. Lawrence, Jr., a director of Bankshares, entered into a Consulting Agreement, pursuant to which Mr. Lawrence will provide certain consulting and training services to TFB on a part-time basis in addition to his duties as a director of Bankshares. These services include conducting various sales training classes for TFB employees such as "Establishing Customer Relations," "Leading the Winning Sales Team" and "Developing Teller Excellence," as well as providing other related consulting services that TFB may reasonably request. Under the agreement, Mr. Lawrence will be compensated $500 for each half day and $1,000 for each full day of consulting services provided to TFB.
The agreement expires December 31, 2006 but may be extended one or more times by mutual agreement of the parties. Either TFB or Mr. Lawrence may terminate the agreement at any time for any reason by giving 30 days’ prior written notice to the other party. The agreement is attached hereto as Exhibit 10.20, the contents of which are incorporated by reference into this Item 1.01.





Item 9.01 Financial Statements and Exhibits.

(c) Exhibits

10.20 Consulting Agreement, dated June 8, 2005, between The Fauquier Bank and C. H. Lawrence, Jr.





Top of the Form

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

         
    Fauquier Bankshares, Inc.
          
June 8, 2005   By:   Randy K. Ferrell
       
        Name: Randy K. Ferrell
        Title: CEO

Top of the Form

Exhibit Index


     
Exhibit No.   Description
 
10.20
  Consulting Agreement, dated June 8, 2005, between The Fauquier Bank and C. H. Lawrence, Jr.