REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • October 27th, 2022 • Southern States Bancshares, Inc. • State commercial banks • New York
This REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is dated as of October 26, 2022 and is made by and among Southern States Bancshares, Inc., an Alabama corporation (the “Company”), and the several purchasers of the Subordinated Notes (as defined below) identified on the signature pages to the Purchase Agreement (as defined below) (collectively, the “Purchasers”).
SOUTHERN STATES BANCSHARES, INC. As Issuer, and UMB BANK, N.A. As Trustee INDENTURE Dated as of October 26, 2022Southern States Bancshares, Inc. • October 27th, 2022 • State commercial banks • New York
EMPLOYMENT AGREEMENT For James W. SwiftEmployment Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • Alabama
This Employment Agreement (the “Agreement”) is made as of this 24th day of March, 2010 (the “Effective Date”), by and between Southern States Bank, an Alabama bank corporation (the “Employer”), and James W. Swift (the “Executive”).
LOAN AGREEMENTLoan Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • Tennessee
THIS LOAN AGREEMENT (as amended, restated or supplemented or otherwise modified from time to time, hereinafter called the “Agreement”) made and entered into this 20th day of August, 2019 (“Effective Date”) by and between SOUTHERN STATES BANCSHARES, INC., an Alabama corporation, (hereinafter called “Borrower”) and FIRST TENNESSEE BANK NATIONAL ASSOCIATION, a national banking association having its principal office located in Memphis, Tennessee (“Lender”).
SOUTHERN STATES BANCSHARES, INC. REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • New York
This Registration Rights Agreement (this “Agreement”) is made and entered into as of December 28, 2016, by and among Southern States Bancshares, Inc., an Alabama corporation (the “Company”), and the purchasers signatory hereto (each, a “Registration Rights Purchaser” and collectively, the “Registration Rights Purchasers”).
SOUTHERN STATES BANCSHARES, INC. (an Alabama corporation) 2,000,000 Shares of $5.00 Par Value Voting Common Stock UNDERWRITING AGREEMENT August 11, 2021Underwriting Agreement • August 17th, 2021 • Southern States Bancshares, Inc. • State commercial banks • New York
SUBORDINATED NOTE PURCHASE AGREEMENTSubordinated Note Purchase Agreement • October 27th, 2022 • Southern States Bancshares, Inc. • State commercial banks • New York
SOUTHERN STATES BANK AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks
This Amendment is hereby made effective on the 13th day of April, 2021, and hereby amends the Employment Agreement (the “Agreement”) entered into by and between Southern States Bank (the “Bank”) and James W. Swift (“Employee”) on the March 24, 2010.
SOUTHERN STATES BANCSHARES, INC. As Issuer, and UMB BANK, N.A. As Trustee INDENTURE Dated as of February 7, 2022Southern States Bancshares, Inc. • February 8th, 2022 • State commercial banks • New York
CONFIDENTIAL SEVERANCE AND RELEASE AGREEMENTConfidential Severance and Release Agreement • May 1st, 2023 • Southern States Bancshares, Inc. • State commercial banks
This Confidential Severance and Release Agreement (“Agreement”) is entered into among Southern States Bancshares, Inc. (the “Company”), Southern States Bank (the “Bank”), and Stephen W. Whatley (“Executive”), an individual, as of the date of its acceptance by Executive (“Effective Date”).
EMPLOYMENT AGREEMENTEmployment Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks
THIS AGREEMENT made and entered into on the 5th day of February, 2007, by and between NAB, LLC, an Alabama Limited Liability Company (the “Bank”), and Mark Chambers (hereinafter “EMPLOYEE”).
SOUTHERN STATES BANK AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks
This Amendment is hereby made effective on the 13th day of April, 2021, and hereby amends the Employment Agreement (the “Agreement”) entered into by and between Southern States Bank (the “Bank”) and Mark Chambers (“Employee”) on the February 5th, 2007.
FORM OF STOCK OPTION AGREEMENT Pursuant to Southern States Bancshares, Inc.Stock Option Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • Alabama
This Stock Option Agreement is made as of , 20 (the “Effective Date”), by and between Southern States Bancshares, Inc., an Alabama corporation (the “Company”), and (“Grantee”).
SOUTHERN STATES BANCSHARES, INC. RESTRICTED STOCK UNIT AWARD AGREEMENT AWARD SUMMARYStock Unit Award Agreement • March 14th, 2023 • Southern States Bancshares, Inc. • State commercial banks • Alabama
Form of Support Agreement February 27, 2024Southern States Bancshares, Inc. • February 28th, 2024 • State commercial banks
The undersigned is a director of CBB Bancorp (“CBB”) and is the beneficial owner of shares of common stock, par value $0.01 per share, of CBB (“CBB Common Stock”). CBB and Southern States Bancshares, Inc., an Alabama corporation (“SSB”), have executed an Agreement and Plan of Merger dated as of February 27, 2024 (the “Agreement”) pursuant to which CBB will merge with and into SSB (the “Merger”). SSB has requested the execution and delivery of this letter agreement (“letter agreement”) as a condition to its execution and delivery of the Agreement. In consideration of the substantial expenses that SSB will incur in connection with the transactions contemplated by the Agreement and in order to induce SSB to execute the Agreement and proceed to incur such expenses, the undersigned agrees and undertakes, in his or her capacity as a stockholder of CBB and not in his or her capacity as a director of CBB, as follows:
SOUTHERN STATES BANK CONFIDENTIALITY, NON-COMPETITION AGREEMENT AND NON- SOLICITATION AGREEMENTSouthern States • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • Alabama
This Confidentiality, Non-Competition, and Non-Solicitation Agreement (this “Agreement”) is made as 21st day of September, 2016, between Southern States Bank, a bank formed under the laws of the State of Alabama (the “B n “) and Stephen W. Whatley (“Executive”).
SOUTHERN STATES BANK AMENDMENT TO EMPLOYMENT AGREEMENT For STEPHEN W. WHATLEYEmployment Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks
This Amendment to Employment Agreement (“Amendment”) is hereby dated this 21st day of September, 2016 (the “Effective Date”) by and between Southern States Bank, an Alabama banking corporation (the “Employer”), and Stephen W. Whatley (the “Executive”).
AGREEMENT AND PLAN OF MERGER by and between SOUTHERN STATES BANCSHARES, INC. and EAST ALABAMA FINANCIAL GROUP, INC. dated as of May 7, 2019Agreement and Plan of Merger • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • Alabama
THIS AGREEMENT AND PLAN OF MERGER is made and entered into as of this the 7th day of May, 2019, by and between SOUTHERN STATES BANCSHARES, INC., an Alabama corporation (“SSB”), and EAST ALABAMA FINANCIAL GROUP, INC., an Alabama corporation (“East Alabama”).
AGREEMENT AND PLAN OF MERGER by and between SOUTHERN STATES BANCSHARES, INC. and CBB BANCORP dated as of February 27, 2024Agreement and Plan of Merger • February 28th, 2024 • Southern States Bancshares, Inc. • State commercial banks • Alabama
THIS AGREEMENT AND PLAN OF MERGER (the “Agreement”) is made and entered into as of this the 27th day of February, 2024, by and between SOUTHERN STATES BANCSHARES, INC., an Alabama corporation (“SSB”), and CBB BANCORP, a Georgia corporation (“CBB”).
FORM OF RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • Alabama
THIS RESTRICTED STOCK AWARD AGREEMENT (this “Agreement”) is made and entered into as of , 20 , by and between Southern States Bancshares, Inc., an Alabama corporation (the “Company”) and (the “Grantee”).
STOCK PURCHASE AGREEMENT By and Among SOUTHERN STATES BANCSHARES, INC. and THE PURCHASERS IDENTIFIED ON THE SIGNATURE PAGES HERETO Dated as of December 27, 2016Stock Purchase Agreement • July 15th, 2021 • Southern States Bancshares, Inc. • State commercial banks • New York
This Stock Purchase Agreement (this “Agreement”) is dated as of December 27, 2016, by and among Southern States Bancshares, Inc., a bank holding company organized under the laws of the State of Alabama (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
