EMPLOYMENT AGREEMENTEmployment Agreement • August 18th, 2004 • CommunitySouth Bancshares Inc • National commercial banks • South Carolina
THIS EMPLOYMENT AGREEMENT (this "Agreement") dated as of March, 29th 2004, is made by and between CommunitySouth Bancshares, Inc., a South Carolina corporation (the "Company"), which will be the holding company for CommunitySouth Bank (Proposed), a proposed South Carolina state bank (the "Bank"), and C. Allan Ducker, III, an individual resident of South Carolina (the "Executive"). Each of the Organizers of the Bank shall also be a party to this Agreement until the date the Bank opens.
EMPLOYMENT AGREEMENTEmployment Agreement • August 18th, 2004 • CommunitySouth Bancshares Inc • National commercial banks • South Carolina
THIS EMPLOYMENT AGREEMENT (this "Agreement") dated as of July 1, 2004, is made by and between CommunitySouth Bancshares, Inc., a South Carolina corporation (the "Company"), which will be the holding company for CommunitySouth Bank (Proposed), a proposed South Carolina state bank (the "Bank"), and John W. Hobbs, an individual resident of South Carolina (the "Executive").
EMPLOYMENT AGREEMENTEmployment Agreement • January 5th, 2009 • CommunitySouth Financial CORP • National commercial banks • South Carolina
THIS EMPLOYMENT AGREEMENT (this “Agreement”) dated as of December 31, 2008, is made by and between CommunitySouth Financial Corporation, a South Carolina corporation (the “Company”), CommunitySouth Bank and Trust (the “Bank”), a South Carolina state bank and wholly owned subsidiary of the Company (the Company and the Bank collectively referred to herein as the “Employer”), and David A. Miller, an individual resident of South Carolina (the “Executive”).
ESCROW AGREEMENTEscrow Agreement • August 18th, 2004 • CommunitySouth Bancshares Inc • National commercial banks • South Carolina
THIS ESCROW AGREEMENT (this "Agreement") is entered into and effective as of the 14th day of July, 2004, by and between CommunitySouth Bancshares, Inc., a South Carolina corporation (the "Company"), and Bank of Tennessee, a Tennessee state bank (the "Escrow Agent").
QuickLinks -- Click here to rapidly navigate through this documentStock Warrant Agreement • July 1st, 2004 • CommunitySouth Bancshares Inc
The Warrants evidenced by this certificate have been issued or sold in reliance on exemptions from registration under the Securities Act of 1933 and applicable state securities laws and may not be sold or transferred except in a transaction which is exempt under such Act and state laws or pursuant to an effective registration statement under such Act and state laws.
Saxony Securities, Inc. AGREEMENTConsulting Agreement • September 16th, 2004 • CommunitySouth Bancshares Inc • National commercial banks
The following are the terms and conditions of an agreement dated as of August 5, 2004 (the "Agreement"), under which Saxony Securities, Inc., a Missouri corporation ("SSI"), will provide consulting services to and serve as a sponsoring dealer for CommunitySouth Bancshares, Inc. (the "Company") in connection with its subscription offering for a minimum of 1,130,000 and a maximum of 2,500,000 shares of the Company's common stock at a price of $10.00 per share (the "Subscription Offering"). The Subscription Offering will be made means of the prospectus (the "Prospectus") incorporated in a registration statement on Form SB-2 (together with any amendments thereto, the "Registration Statement") filed with the U.S. Securities and Exchange Commission ("SEC"), which will be provided to SSI. SSI and the Company are hereinafter referred to collectively as the "Parties."
SUBORDINATED NOTE PURCHASE AGREEMENT DATED AS OF AUGUST 22, 2008 BY AND AMONG COMMUNITYSOUTH FINANCIAL CORPORATION AND THE PURCHASERS NAMED HEREINSubordinated Note Purchase Agreement • August 28th, 2008 • CommunitySouth Financial CORP • National commercial banks • South Carolina
This SUBORDINATED NOTE PURCHASE AGREEMENT (this “Agreement”) is dated as of August 22, 2008, and entered into by and among COMMUNITYSOUTH FINANCIAL CORPORATION, a South Carolina corporation (the “Company”), and the purchasers listed on Exhibit A hereto (the “Initial Purchaser”) and any subsequent purchaser (a “Subsequent Purchaser”) who executes a counterpart of this Agreement that is accepted by the Company (each Initial Purchaser and any Subsequent Purchaser is referred to herein as a “Purchaser” and collectively, as the “Purchasers”). Capitalized terms that are not otherwise defined shall have the meanings set forth in Section 11 hereof.
FIRST AMENDMENT TO ESCROW AGREEMENTEscrow Agreement • September 16th, 2004 • CommunitySouth Bancshares Inc • National commercial banks
THIS FIRST AMENDMENT (the "Amendment") to the ESCROW AGREEMENT (the "Escrow Agreement") dated as of the 14th day of July 2004, by and between CommunitySouth Bancshares, Inc., a South Carolina corporation (the "Company"), and Bank of Tennessee, a Tennessee state bank (the "Escrow Agent"), is made as of the 15th day of September 2004 by and between the Company and the Escrow Agent. Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Escrow Agreement.
GROUND LEASE AGREEMENT COUNTY OF PICKENS )Ground Lease Agreement • September 2nd, 2004 • CommunitySouth Bancshares Inc • National commercial banks • South Carolina
THIS GROUND LEASE AGREEMENT (hereinafter referred to as "Lease" or "Agreement"), is made and entered into this 18th day of August, 2004, by and between Daniel E. Youngblood, a resident of South Carolina (hereinafter referred to as "Lessor"), and CommunitySouth Bancshares, Inc., a South Carolina banking corporation (hereinafter collectively referred to as "Lessee").
OPTION AND AGREEMENT OF SALEOption and Agreement of Sale • September 2nd, 2004 • CommunitySouth Bancshares Inc • National commercial banks
This Option and Agreement of Sale (the "Agreement") executed to be effective this 18th day of August, 2004, by and between CommunitySouth Bancshares, Inc., a South Carolina banking corporation with a mailing address of P. O. Box 2849, Easley, South Carolina 29641 (hereinafter referred to as the "Buyer") and Daniel E. Youngblood, an individual and resident of the State of South Carolina, with a mailing address of 1909 East Main Street, Easley, South Carolina 29640 (hereinafter referred to as the "Seller").
COMMUNITYSOUTH BANCSHARES, INC. STOCK WARRANT AGREEMENTStock Warrant Agreement • August 15th, 2005 • CommunitySouth Bancshares Inc • National commercial banks
CommunitySouth Bancshares, Inc. (the “Company”), a South Carolina corporation and the holding company for CommunitySouth Bank and Trust (proposed) (the “Bank”), hereby grants to the person identified above as the Warrant Holder warrants (the “Warrants”) to purchase the number of shares set forth above, representing one share of common stock for every two shares of common stock purchased by the Warrant Holder in the Company’s initial public offering (provided that the maximum number of shares which may be covered by this Warrant is 10,000 shares), in consideration of the financial risk associated with Warrant Holder’s investment in the Company during its organizational stage and the time, expertise, and continuing involvement of the Warrant Holder in the management of the Bank. Such Warrants are granted on the following terms and conditions:
COMMERCIAL LOAN AGREEMENT Draw LoanCommercial Loan Agreement • September 2nd, 2004 • CommunitySouth Bancshares Inc • National commercial banks • South Carolina
DATE AND PARTIES. The date of this Commercial Loan Agreement (Agreement) is July 26, 2004. The parties and their addresses are as follows:
MASTER LOAN PURCHASE AGREEMENTMaster Loan Purchase Agreement • July 1st, 2004 • CommunitySouth Bancshares Inc • Tennessee
THIS AGREEMENT, dated as of June 1, 2004 is made by Bank of Tennessee and between Community South Bank and Trust (in organization), a South Carolina state-chartered banking organization currently in the process of organization and capitalization, having its principal place of business at PO Box 2849 Easley, South Carolina (herein "Community South") and Bank of Tennessee, a Tennessee banking corporation having its principal place of business at 301 East Center Street, Kingsport, TN (herein "Bank of Tennessee")
ContractSubordinated Note Purchase Agreement • August 28th, 2008 • CommunitySouth Financial CORP • National commercial banks • South Carolina
THIS NOTE AND THE SUBORDINATED NOTE PURCHASE AGREEMENT REFERENCED AND INCORPORATED HEREIN IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT.: SC CODE ANN. §15-48-10 ET SEQ. AND THE FEDERAL ARBITRATION ACT 9 U.S.C. 1 ET SEQ.
ORGANIZER CONTRIBUTION AND JOINT VENTURE AGREEMENTOrganizer Contribution and Joint Venture Agreement • August 18th, 2004 • CommunitySouth Bancshares Inc • National commercial banks • South Carolina
THIS ORGANIZER CONTRIBUTION AND JOINT VENTURE AGREEMENT (the "Agreement") is entered into among the Organizers (as defined below) of a proposed bank to be located in Easley, South Carolina (the "Bank").
