Community First Bancshares, Inc. Sample Contracts

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EMPLOYMENT AGREEMENT
Employment Agreement • April 3rd, 2020 • Community First Bancshares, Inc. • Savings institution, federally chartered • Georgia

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of March 30, 2020 (the “Effective Date”), by and among Community First Bancshares, Inc., a federally-charted corporation organized under the laws of the United States of America (the “Company”), Newton Federal Bank, a federally-chartered savings association organized under the laws of the United States of America (the “Bank” and together with the Company, the “Employer”), and Robert Vickers, a resident of the State of Georgia (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • September 7th, 2018 • Community First Bancshares, Inc. • Savings institution, federally chartered • Georgia

THIS EMPLOYMENT AGREEMENT (this "Agreement") is made and entered into as of September 1, 2018 (the "Effective Date") by and among Newton Federal Bank, a federally-chartered savings association organized under the laws of the United States of America (the "Bank"), Community First Bancshares, Inc., a federally-charted corporation organized under the laws of the United States of America (the "Company"), as a guarantor under the Agreement, and Kenneth D. Lumpkin, a resident of the State of Georgia (the "Executive").

FORM OF
Incentive Stock Option Agreement • September 6th, 2018 • Community First Bancshares, Inc. • Savings institution, federally chartered

This incentive stock option agreement ("Option" or "Agreement") is and will be subject in every respect to the provisions of the 2018 Equity Incentive Plan (the "Plan") of Community First Bancshares, Inc. (the "Company") which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided or made available to each person granted a stock option pursuant to the Plan. The holder of this Option (the "Participant") hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee responsible for administering the Plan (the "Committee") will be final, binding and conclusive upon the Participant and the Participant's heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term "Company" will include the parent and all pres

RP® FINANCIAL, LC.
Appraisal Services Agreement • December 12th, 2016 • Community First Bancshares, Inc.

This letter sets forth the agreement whereby Newton Federal Bank, Covington, Georgia, (the “Company”), has engaged RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services in conjunction with the minority stock offering by the Company. The specific appraisal services to be rendered, along with the timing and fee structure for these appraisal services are described below.

AMENDMENT 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • October 15th, 2019 • Community First Bancshares, Inc. • Savings institution, federally chartered • Georgia

THIS AMENDMENT 1 TO EMPLOYMENT AGREEMENT (this “Amendment 1”) is made and entered into as of October 9, 2019 by and between Community First Bancshares, Inc., a federally-charted corporation organized under the laws of the United States of America (the “Company”), Newton Federal Bank, a federally-chartered savings association organized under the laws of the United States of America (the “Bank” and together with the Company, the “Employer”), and Johnny S. Smith, a resident of the State of Georgia (the “Executive”).

AGREEMENT AND PLAN OF MERGER BY AND BETWEEN COMMUNITY FIRST BANCSHARES, INC., COMMUNITY INTERIM CORPORATION AND ABB FINANCIAL GROUP, INC. AUGUST 19, 2019
Merger Agreement • August 23rd, 2019 • Community First Bancshares, Inc. • Savings institution, federally chartered • Georgia

This AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated as of August 19, 2019, by and between Community First Bancshares, Inc., a Federal corporation (“Community First Bancshares”), Community Interim Corporation, a Georgia corporation (“Acquisition Corporation”) and ABB Financial Group, Inc., a Georgia corporation (“ABB Financial Group”). Each of Community First Bancshares, Acquisition Corporation and ABB Financial Group is sometimes individually referred to herein as a “party,” and Community First Bancshares, Acquisition Corporation and ABB Financial Group are collectively sometimes referred to as the “parties.”

AMENDMENT 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • May 14th, 2020 • Community First Bancshares, Inc. • Savings institution, federally chartered

THIS AMENDMENT 1 TO EMPLOYMENT AGREEMENT (this “Amendment 1”) is made and entered into as of March 26, 2020 by and between Newton Federal Bank, a federally-chartered savings association organized under the laws of the United States of America (the “Bank”), Community First Bancshares, Inc., a federally-charted corporation organized under the laws of the United States of America (the “Company”), as guarantor under the Employment Agreement (as defined below), and Gregory J. Proffitt (the “Executive”).

FORM OF
Non-Qualified Stock Option Agreement • September 6th, 2018 • Community First Bancshares, Inc. • Savings institution, federally chartered

This non-qualified stock option agreement ("Option" or "Agreement") is and will be subject in every respect to the provisions of the 2018 Equity Incentive Plan (the "Plan") of Community First Bancshares, Inc. (the "Company") which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided or made available to each person granted a stock option pursuant to the Plan. The holder of this Option (the "Participant") hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee responsible for administering the Plan (the "Committee") will be final, binding and conclusive upon the Participant and the Participant's heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term "Company" will include the parent and all

COMPREHENSIVE RELEASE AND SEVERANCE AGREEMENT
Severance Agreement • December 12th, 2016 • Community First Bancshares, Inc. • Georgia

This COMPREHENSIVE RELEASE AND SEVERANCE AGREEMENT (“Agreement”) is entered into by and between Newton Federal Bank (“Company”) and George Lazenby (“Employee”). In consideration of the mutual covenants, conditions and promises set forth in this Agreement, and other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged, the undersigned parties agree as follows:

VOTING AGREEMENT
Voting Agreement • August 23rd, 2019 • Community First Bancshares, Inc. • Savings institution, federally chartered • Georgia

This Voting Agreement (this “Agreement”) is dated as of August 19, 2019, by and between Community First Bancshares, Inc., a Federal corporation (“Community First Bancshares”), Community Interim Corporation, a Georgia corporation (“Acquisition Corporation”), and the stockholder of ABB Financial Group, Inc., a Georgia corporation (“ABB Financial Group”), executing this Agreement on the signature page hereto (the “Stockholder”).

FORM OF RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • September 6th, 2018 • Community First Bancshares, Inc. • Savings institution, federally chartered • Georgia

This restricted stock award agreement ("Restricted Stock Award" or "Agreement") is and will be subject in every respect to the provisions of the 2018 Equity Incentive Plan (the "Plan") of Community First Bancshares, Inc. (the "Company") which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided or made available to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the "Participant") hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the committee responsible for administering the Plan (the "Committee") will be final, binding and conclusive upon the Participant and the Participant's heirs, legal representatives, successors and permitted assigns. Except where the context otherwise require

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