Common use of Primary Clause in Contracts

Primary. Contingent: ------------------------------------------------------------------- ------------------------------------------------------------------------------ NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT. I understand that I may change these beneficiary designations by filing a new written designation with the Company. I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. Signature: ------------------------------------------ Date: ------------------------------------------ Accepted by the Company this ____ day of ____________, 2003. By: ------------------------------------------ Title: ------------------------------------------ SCHEDULE A CALCULATIONS THE SOUTH FINANCIAL GROUP SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT TO DETERMINE THE EXECUTIVE'S EARLY TERMINATION BENEFIT OR DISABILITY RETIREMENT BENEFIT FOR THE YEAR OF THE TERMINATION OF EMPLOYMENT, THE FOLLOWING CALCULATIONS SHALL BE MADE:

Primary. Contingent: ------------------------------------------------------------------- ------------------------------------------------------------------------------ ------------------------------------------------------------------ ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT. I understand that I may change these beneficiary designations by filing a new written designation with the Company. I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. Signature: ------------------------------------------ ------------------------------------------------ Date: ------------------------------------------ ------------------------------------------------ Accepted by the Company this ____ day of ____________, 2003. By: ------------------------------------------ ---------------------------------------------------- Title: ------------------------------------------ ---------------------------------------------------- SCHEDULE A CALCULATIONS THE SOUTH FINANCIAL GROUP SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT TO DETERMINE THE EXECUTIVE'S EARLY TERMINATION BENEFIT OR DISABILITY RETIREMENT BENEFIT FOR THE YEAR OF THE TERMINATION OF EMPLOYMENT, THE FOLLOWING CALCULATIONS SHALL BE MADE:

Primary. Contingent: ------------------------------------------------------------------- ------------------------------------------------------------------------------ -------------------------------------------------------------------- ------------------------------------------------------------------------------- NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT. I understand that I may change these beneficiary designations by filing a new written designation with the Company. I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. Signature: ------------------------------------------ ----------------------------------------- Date: ------------------------------------------ ----------------------------------------- Accepted by the Company this ____ day of ____________, 2003. By: ------------------------------------------ Title: ------------------------------------------ SCHEDULE A CALCULATIONS THE SOUTH FINANCIAL GROUP SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT TO DETERMINE THE EXECUTIVE'S EARLY TERMINATION BENEFIT OR DISABILITY RETIREMENT BENEFIT FOR THE YEAR OF THE TERMINATION OF EMPLOYMENT, THE FOLLOWING CALCULATIONS SHALL BE MADE:

Primary. Contingent: ------------------------------------------------------------------- ------------------------------------------------------------------------------ ----------------------------------------------------------------- ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT. I understand that I may change these beneficiary designations by filing a new written designation with the Company. I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. Signature: ------------------------------------------ ------------------------------------------- Date: ------------------------------------------ ------------------------------------------- Accepted by the Company this ____ day of ____________, 2003. By: ------------------------------------------ ---------------------------------------------- Title: ------------------------------------------ -------------------------------------------- SCHEDULE A CALCULATIONS THE SOUTH FINANCIAL GROUP SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT TO DETERMINE THE EXECUTIVE'S EARLY TERMINATION BENEFIT OR DISABILITY RETIREMENT BENEFIT FOR THE YEAR OF THE TERMINATION OF EMPLOYMENT, THE FOLLOWING CALCULATIONS SHALL BE MADE:

Primary. Contingent: ------------------------------------------------------------------- ------------------------------------------------------------------------------ ------------------------------------------------------------------------------- NOTE: TO NAME A TRUST AS BENEFICIARY, PLEASE PROVIDE THE NAME OF THE TRUSTEE(S) AND THE EXACT NAME AND DATE OF THE TRUST AGREEMENT. I understand that I may change these beneficiary designations by filing a new written designation with the Company. I further understand that the designations will be automatically revoked if the beneficiary predeceases me, or, if I have named my spouse as beneficiary and our marriage is subsequently dissolved. Signature: ------------------------------------------ --------------------------------------------- Date: ------------------------------------------ --------------------------------------------- Accepted by the Company this ____ day of ____________, 2003. By: ------------------------------------------ -------------------------------------------- Title: ------------------------------------------ -------------------------------------------- SCHEDULE A CALCULATIONS THE SOUTH FINANCIAL GROUP SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT TO DETERMINE THE EXECUTIVE'S EARLY TERMINATION BENEFIT OR DISABILITY RETIREMENT BENEFIT FOR THE YEAR OF THE TERMINATION OF EMPLOYMENT, THE FOLLOWING CALCULATIONS SHALL BE MADE: