Common Contracts

5 similar Employment Agreement contracts by Atlantic Coast Federal Corp

EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2010 • Atlantic Coast Federal Corp • Savings institution, federally chartered • Georgia

This Employment Agreement (the “Agreement”) is made effective as of January 1, 2010 (the “Effective Date”), by and between Atlantic Coast Bank (the “Bank”) and Carl W. Insel (the “Executive”), and supercedes and replaces the prior employment agreement dated May 8, 2009. References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder. Any reference to the “Employer” shall mean both the Company and the Bank.

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EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2010 • Atlantic Coast Federal Corp • Savings institution, federally chartered • Georgia

This Employment Agreement (the “Agreement”) is made effective as of January 1, 2010 (the “Effective Date”), by and between Atlantic Coast Bank (the “Bank”) and Phillip Buddenbohm (the “Executive”), and supercedes and replaces the prior employment agreement dated June 24, 2009. References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder. Any reference to the “Employer” shall mean both the Company and the Bank.

EMPLOYMENT AGREEMENT
Employment Agreement • January 7th, 2010 • Atlantic Coast Federal Corp • Savings institution, federally chartered • Georgia

This Employment Agreement (the “Agreement”) is made effective as of January 1, 2010 (the “Effective Date”), by and between Atlantic Coast Bank (the “Bank”) and Thomas B. Wagers, Sr. (the “Executive”), and supercedes and replaces the prior employment agreement dated May 8, 2009. References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder. Any reference to the “Employer” shall mean both the Company and the Bank.

EMPLOYMENT AGREEMENT
Employment Agreement • May 14th, 2009 • Atlantic Coast Federal Corp • Savings institution, federally chartered • Georgia

This Employment Agreement (the “Agreement”) is made effective as of May 8, 2009 (the “Effective Date”), by and between Atlantic Coast Bank (the “Bank”) and Carl W. Insel (the “Executive”). References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder. Any reference to the “Employer” shall mean both the Company and the Bank.

EMPLOYMENT AGREEMENT
Employment Agreement • May 14th, 2009 • Atlantic Coast Federal Corp • Savings institution, federally chartered • Georgia

This Employment Agreement (the “Agreement”) is made effective as of May 8, 2009 (the “Effective Date”), by and between Atlantic Coast Bank (the “Bank”) and Thomas B. Wagers, Sr. (the “Executive”). References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder. Any reference to the “Employer” shall mean both the Company and the Bank.

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