EXHIBIT 10.5Employment Agreement • March 31st, 2003 • First Reliance Bancshares Inc • National commercial banks • South Carolina
Exhibit 10.3 INCENTIVE STOCK OPTION AGREEMENTIncentive Stock Option Agreement • May 15th, 2002 • First Reliance Bancshares Inc • National commercial banks • South Carolina
Exhibit 10.6 EXECUTIVE EMPLOYMENT AGREEMENT THIS EXECUTIVE EMPLOYMENT AGREEMENT ("Agreement"), made this ____ day of August, 2001, by and between First Reliance Bank and First Reliance BancShares Corp., a South Carolina banking corporation with...Executive Employment Agreement • May 15th, 2002 • First Reliance Bancshares Inc • National commercial banks • South Carolina
EXHIBIT 10.5Employment Agreement • June 2nd, 2003 • First Reliance Bancshares Inc • National commercial banks • South Carolina
Amended Employment AgreementEmployment Agreement • August 2nd, 2013 • First Reliance Bancshares Inc • National commercial banks • South Carolina
July 25, 2013, by and among First Reliance Bancshares, Inc., a South Carolina corporation (the “Corporation”), First Reliance Bank, a bank chartered under South Carolina law and a wholly owned subsidiary of the Corporation (the “Bank”), and F.R. Saunders Jr., President and Chief Executive Officer of the Corporation and the Bank (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
ESCROW AGREEMENT THIS ESCROW AGREEMENT (this "Agreement") is entered into and effective as of the __th day of June, 2002, by and between First Reliance Bancshares, Inc., a corporation (the "Company"), and the Bankers Bank (the "Escrow Agent'). W I T N...Escrow Agreement • September 24th, 2002 • First Reliance Bancshares Inc • National commercial banks • Georgia
First Reliance Bank Amended Salary Continuation AgreementSalary Continuation Agreement • August 2nd, 2013 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Amended Salary Continuation Agreement (this “Agreement”) is entered into as of July 25, 2013, by and between First Reliance Bank, a South Carolina-chartered bank (the “Bank”), and F.R. Saunders Jr., its President and Chief Executive Officer (the “Executive”).
ENDORSEMENT SPLIT DOLLAR AGREEMENTEndorsement Split Dollar Agreement • April 2nd, 2007 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this day of , 2006 by and between First Reliance Bank, a South Carolina-chartered bank (the “Bank”), and F.R. Saunders Jr., an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.
Amended Employment AgreementEmployment Agreement • August 2nd, 2013 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Amended Employment Agreement (this “Agreement”) is entered into effective as of July 25, 2013, by and among First Reliance Bancshares, Inc., a South Carolina corporation (the “Corporation”), First Reliance Bank, a bank chartered under South Carolina law and a wholly owned subsidiary of the Corporation (the “Bank”), and Jeffrey A. Paolucci, Executive Vice President and Chief Financial Officer of the Corporation and the Bank (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
FIRST RELIANCE BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • April 2nd, 2007 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this day of , 2006, by and between First Reliance Bank, a South Carolina-chartered bank (the “Bank”), and Jeffrey A. Paolucci, its Senior Vice President and Chief Financial Officer (the “Executive”).
First Amendment of the Employment AgreementEmployment Agreement • December 29th, 2008 • First Reliance Bancshares Inc • National commercial banks
This First Amendment of the Employment Agreement (this “Amendment”) is entered into as of this day of , 2008, by and among First Reliance Bancshares, Inc., a South Carolina corporation (the “Corporation”), First Reliance Bank, a South Carolina-chartered bank and a wholly owned subsidiary of the Corporation (the “Bank”), and
First Reliance Bank First Amendment of the Salary Continuation AgreementSalary Continuation Agreement • December 29th, 2008 • First Reliance Bancshares Inc • National commercial banks
This First Amendment of the Salary Continuation Agreement (this “Amendment”) is entered into as of this _______ day of ______________, 2008, by and between First Reliance Bank, a South Carolina-chartered bank (the “Bank”), and F.R. Saunders, Jr., its President and Chief Executive Officer (the “Executive”).
FIRST RELIANCE BANCSHARES, INC. RESTRICTED STOCK AWARDRestricted Stock Award • July 21st, 2010 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This RESTRICTED STOCK AWARD (this “Award”) is made and entered into as of the ___ day of ______________, 2010, by and between First Reliance Bancshares, Inc. (the “Company”), a South Carolina corporation, and _______________ (the “Employee”).
WAIVER OF BENEFITSWaiver of Benefits • May 13th, 2014 • First Reliance Bancshares Inc • National commercial banks
This Waiver of Benefits (this “Waiver”) is entered into as of the 30th day of December, 2013, by and among First Reliance Bancshares, Inc., a South Carolina corporation (the “Company”), First Reliance Bank, a bank chartered under South Carolina law and a wholly owned subsidiary of the Corporation (the “Bank” and together with the Company, the “Employer”), and F. R. Saunders, Jr. (the “Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2010 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Employment Agreement (the “Agreement”) is effective on June 2, 2008 (the “Effective Date”), by and between First Reliance Bank, a South Carolina-chartered bank and wholly owned subsidiary of First Reliance Bancshares, Inc. (the “Bank”), and Craig S. Evans an officer of the Bank (the “Executive”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2004 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Agreement is made this day of October, 2003 (the “Effective Date”) by and between FIRST RELIANCE BANK (hereinafter referred to as “Employer” or “Bank”) and RICHARD N. MCINTYRE (hereinafter referred to as “Employee”).
FIRST RELIANCE BANCSHARES, INC. FIRST AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • November 15th, 2005 • First Reliance Bancshares Inc • National commercial banks
This First Amendment to the Employment Agreement by and between FIRST RELIANCE BANK (hereinafter referred to as “Employer” or “Company”) and JEFFREY A. PAOLUCCI (hereinafter referred to as “Employee”) is entered into on this 30th day of September, 2005.
WITNESSETHPlan of Reorganization and Exchange • April 26th, 2002 • First Reliance Bancshares Inc • South Carolina
First Reliance Bank Salary Continuation AgreementSalary Continuation Agreement • March 31st, 2010 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Salary Continuation Agreement (this “Agreement”) is entered into as of June 2, 2008, by and between First Reliance Bank, a South Carolina-chartered bank (the “Bank”), and Craig Evans, an officer of the Bank (the “Executive”).
First Reliance Bancshares Letterhead] FORM OF SENIOR EXECUTIVE OFFICER LETTER AGREEMENTSenior Executive Officer Letter Agreement • March 10th, 2009 • First Reliance Bancshares Inc • National commercial banks
First Reliance Bancshares (the “Company”) anticipates entering into a Securities Purchase Agreement (the “Investment Agreement”), with the United States Department of Treasury (the “Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate in the CPP, this letter shall be of no further force and effect. If the Company ceases at any time to participate in the CPP, this letter shall only be in effect to the extent required by the Treasury with respect to compensation earned or paid during the period the Treasury holds preferred stock of the Company (the “CPP Covered Period”).
LEASE AGREEMENT COUNTY OF FLORENCE )Lease Agreement • March 31st, 2006 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This LEASE AGREEMENT (the “Lease”) made and entered into this 24 day of March, 2005, by and between SP FINANCIAL, LLC, a South Carolina limited liability company (hereinafter called “Landlord”), and FIRST RELIANCE BANK, a South Carolina banking corporation (hereinafter called “Tenant”).
AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • April 2nd, 2007 • First Reliance Bancshares Inc • National commercial banks • South Carolina
THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”), made this 24th day of March, 2003, by and among First Reliance Bank (the “Bank”), First Reliance Bancshares, Inc. (the “Holding Company”), and A. Dale Porter (“Porter”), amends and supersedes that certain Executive Employment Agreement dated August 22, 2001, as amended by Amendment No. 1 to Executive Employment Agreement dated June 1, 2002, by and between the same parties (the “Executive Employment Agreement”).
WAIVER OF BENEFITSWaiver of Benefits • May 13th, 2014 • First Reliance Bancshares Inc • National commercial banks
This Waiver of Benefits (this “Waiver”) is entered into as of the 30th day of December, 2013, by and among First Reliance Bancshares, Inc., a South Carolina corporation (the “Company”), First Reliance Bank, a bank chartered under South Carolina law and a wholly owned subsidiary of the Corporation (the “Bank” and together with the Company, the “Employer”), and Jeff Paolucci. (the “Executive”).
FIRST RELIANCE BANCSHARES, INC. NONQUALIFIED STOCK OPTION AGREEMENTNonqualified Stock Option Agreement • July 21st, 2010 • First Reliance Bancshares Inc • National commercial banks • South Carolina
WHEREAS, the Company desires to grant to the Optionee a nonqualified stock option to purchase shares of the common stock of the Company; and
United States Department of the Treasury Washington, D.C. 20220 March 6, 2009Securities Purchase Agreement • March 10th, 2009 • First Reliance Bancshares Inc • National commercial banks
Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms dated of as of the date of this letter agreement (the “Securities Purchase Agreement”) between United States Department of Treasury (“Investor”) and the company named on the signature page hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement.
EMPLOYMENT AGREEMENTEmployment Agreement • March 30th, 2004 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Agreement is made this day of April, 2003, by and between First Reliance Bank (hereinafter referred to as “Employer” or “Company”) and Thomas C. Ewart, Sr. (hereinafter referred to as “Employee”).
GUARANTEE AGREEMENT FIRST RELIANCE BANCSHARES, INC. Dated as of July 1, 2005Guarantee Agreement • July 14th, 2005 • First Reliance Bancshares Inc • National commercial banks • New York
This GUARANTEE AGREEMENT (the “Guarantee”), dated as of July 1, 2005, is executed and delivered by First Reliance Bancshares, Inc., a bank holding company incorporated in South Carolina (the “Guarantor”), and Wilmington Trust Company, a Delaware banking corporation, as trustee (the “Guarantee Trustee”), for the benefit of the Holders (as defined herein) from time to time of the Capital Securities (as defined herein) of First Reliance Capital Trust I, a Delaware statutory trust (the “Issuer”).
EMPLOYMENT AGREEMENTEmployment Agreement • June 26th, 2003 • First Reliance Bancshares Inc • National commercial banks • South Carolina
This Agreement is made this 15th day of September, 2002, by and between First Reliance Bank (hereinafter referred to as “Employer” or “Company”) and Jeffrey A. Paolucci (hereinafter referred to as “Employee”).
