Citizens Bancshares Corp /Ga/ Sample Contracts

TERM LOAN AGREEMENT $900,000.00 By and Between CITIZENS BANCSHARES CORPORATION and SUNTRUST BANK, ATLANTA Dated: April 22, 1996
Term Loan Agreement • March 28th, 1997 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia
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CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 31st, 2006 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia

THIS CHANGE IN CONTROL AGREEMENT (the “Agreement”) is made as of this 1 day of December, 2005 by and between Cynthia N. Day (the “Executive”) and CITIZENS BANCSHARES CORPORATION, a corporation organized under the laws of the State of Georgia (the “Company”).

FIRST AMENDMENT TO
Change in Control Agreement • March 31st, 2009 • Citizens Bancshares Corp /Ga/ • State commercial banks

This First Amendment to the Change in Control Agreement by and between Citizens Bancshares Corporation, a bank holding company organized under the laws of the State of Georgia (the “Company”), and James E. Young (the “Executive”) is entered into on this day of December, 2008 (the “Effective Date”).

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN JOINDER AGREEMENT
Supplemental Executive Retirement Plan Joinder Agreement • August 7th, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks

I, ROBERT NESBITT, and CITIZENS TRUST BANK hereby agree that in exchange for good and valuable consideration, the value of which is hereby acknowledged, I shall participate in the Supplemental Executive Retirement Plan (“Plan”) established as of July 1, 2008, by CITIZENS TRUST BANK, as such Plan may now exist or hereafter be modified, and do further agree to the terms and conditions thereof. Capitalized terms not defined herein shall have the same meaning as set forth in the Plan.

FIRST AMENDMENT TO
Employment Agreement • March 31st, 2009 • Citizens Bancshares Corp /Ga/ • State commercial banks

This First Amendment to the Employment Agreement by and among Citizens Bancshares Corporation, a bank holding company organized under the laws of the State of Georgia (“CBC”); Citizens Trust Bank, the wholly-owned bank subsidiary of CBC (collectively, the “Employer”); and James E. Young, (the “Executive”) is entered into on this day of December, 2008.

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN JOINDER AGREEMENT
Supplemental Executive Retirement Plan Joinder Agreement • August 7th, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks

I, CYNTHIA N. DAY, and CITIZENS TRUST BANK hereby agree that in exchange for termination of my Life Insurance Endorsement Method Split Dollar Plan Agreement (“Split Dollar Agreement”), and for other good and valuable consideration, the value of which is hereby acknowledged, that I shall participate in the Supplemental Executive Retirement Plan (“Plan”) established as of July 1, 2008 by CITIZENS TRUST BANK, as such Plan may now exist or hereafter be modified, and do further agree to the terms and conditions thereof. I acknowledge and agree that this Plan supersedes and replaces my Executive Supplemental Retirement Plan Agreement (the “Indexed Retirement Plan”) in which I previously participated. Capitalized terms not defined herein shall have the same meaning as set forth in the Plan.

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN JOINDER AGREEMENT
Supplemental Executive Retirement Plan Joinder Agreement • August 7th, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks

I, SAMUEL J. COX, and CITIZENS TRUST BANK hereby agree that in exchange for termination of my Life Insurance Endorsement Method Split Dollar Plan Agreement (“Split Dollar Agreement”), and for other good and valuable consideration, the value of which is hereby acknowledged,

UNITED STATES DEPARTMENT OF THE TREASURY Washington, D.C. 20220 March 6, 2009
Securities Purchase Agreement • March 6th, 2009 • Citizens Bancshares Corp /Ga/ • State commercial banks • New York

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”). Investor and the Company desire to amend the Securities Purchase Agreement as follows:

AGREEMENT AND PLAN OF MERGER BY AND AMONG CITIZENS BANCSHARES CORPORATION, CITIZENS TRUST BANK, CFS BANCSHARES, INC., AND CITIZENS FEDERAL SAVINGS BANK
Merger Agreement • May 30th, 2002 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia
CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • December 31st, 2013 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia

THIS CHANGE IN CONTROL AGREEMENT (the “Agreement”) is made as of this ____ day of ______________, 2013 by and between FRED DANIELS (the “Executive”) and CITIZENS TRUST BANK, a bank organized under the laws of the State of Georgia (the “Bank”).

UNITED STATES DEPARTMENT OF THE TREASURY 1500 PENNSYLVANIA AVENUE, NW WASHINGTON, D.C. 20220
Securities Purchase Agreement • September 22nd, 2010 • Citizens Bancshares Corp /Ga/ • State commercial banks • New York

WHEREAS, the United States Department of the Treasury (the “Investor”) may from time to time agree to purchase shares of preferred stock from eligible financial institutions which elect to participate in the Community Development Capital Initiative (“CDCI”);

EMPLOYMENT AGREEMENT
Employment Agreement • August 12th, 2013 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia

THIS AGREEMENT is made as of the 12th day of August, 2013 (the “Effective Date”), by and among Citizens Bancshares Corporation, a bank holding company organized under the laws of the State of Georgia (the “Company”), Citizens Trust Bank, a Georgia bank (the “Bank” and collectively with the Company, the “Employer”), and Cynthia N. Day (the “Executive”).

DIRECTOR SUPPLEMENTAL RETIREMENT PLAN AGREEMENT
Director Supplemental Retirement Plan Agreement • March 31st, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia

THIS AGREEMENT is made and entered into this day of , 2005, by and between Citizens Trust Bank, a bank organized and existing under the laws of the State of Georgia (hereinafter referred to as the "Bank"), and , a member of the Board of Directors of the Bank (hereinafter referred to as the "Director").

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN CITIZENS TRUST BANK Effective July 1, 2008
Supplemental Executive Retirement Plan • August 7th, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks

This Supplemental Executive Retirement Plan (the “Plan”) is effective as of July 1, 2008. This Plan formalizes the agreements by and between CITIZENS TRUST BANK (the “Bank”), a bank organized and existing under the laws of the State of Georgia, and certain key employees, hereinafter referred to as “Executive(s)”, who have been selected and approved by the Bank to participate in this Plan and who have evidenced their participation by execution of a Supplemental Executive Retirement Joinder Agreement (“Joinder Agreement”) in a form provided by the Bank. This Plan replaces the individual Executive Supplemental Retirement Plan Agreements and Executive Indexed Salary Continuation Plan Agreements between the Bank (or First Southern Bank, which merged into the Bank) and Executives. The Plan is intended to comply with Internal Revenue Code (“Code”) Section 409A and any regulatory or other guidance issued under such Section. Any reference herein to the “Company” shall mean CITIZENS BANCSHARES C

PURCHASE AND ASSUMPTION AGREEMENT by and between CITIZENS TRUST BANK Atlanta, Georgia and THE PEOPLES BANK Lithonia, Georgia Dated as of December 10, 2008
Purchase and Assumption Agreement • December 16th, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia

THIS PURCHASE AND ASSUMPTION AGREEMENT (this “Agreement”) is made and entered into as of the 10th day of December, 2008 by and between Citizens Trust Bank, a Georgia state bank having its main office in Atlanta, Georgia (the “Buyer”), and The Peoples Bank, a Georgia state bank having its main office in Lithonia, Georgia (the “Seller”).

EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN AGREEMENT
Executive Supplemental Retirement Plan Agreement • March 31st, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks • Georgia

This Agreement, made and entered into this Day of , 2003, by and between Citizens Trust Bank, a Bank organized and existing under the laws of the State of Georgia, hereinafter referred. to as "the Bank", and , a Key Employee and the Executive of the Bank, hereinafter referred to as "the Executive".

AMENDMENT TO AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • December 31st, 2002 • Citizens Bancshares Corp /Ga/ • State commercial banks

This Amendment (the "Amendment") to Agreement and Plan of Merger dated May 30, 2002, by and among CITIZENS BANCSHARES CORPORATION ("CBC"), CITIZENS TRUST BANK ("CTB"), CFS BANCSHARES, INC. ("CFSB"), and CITIZENS FEDERAL SAVINGS BANK ("Citizens Federal") (collectively, the "Parties") is made and entered into as of this 19th day of December, 2002, by and among the Parties.

March 6, 2009
Securities Purchase Agreement • March 6th, 2009 • Citizens Bancshares Corp /Ga/ • State commercial banks • New York
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN JOINDER AGREEMENT
Supplemental Executive Retirement Plan Joinder Agreement • August 7th, 2008 • Citizens Bancshares Corp /Ga/ • State commercial banks

I, JAMES E. YOUNG, and CITIZENS TRUST BANK hereby agree that in exchange for termination of my Life Insurance Endorsement Method Split Dollar Plan Agreement (“Split Dollar Agreement”), and for other good and valuable consideration, the value of which is hereby acknowledged, that I shall participate in the Supplemental Executive Retirement Plan (“Plan”) established as of July 1, 2008, by CITIZENS TRUST BANK, as such Plan may now exist or hereafter be modified, and do further agree to the terms and conditions thereof. I acknowledge and agree that this Plan supersedes and replaces my Executive Supplemental Retirement Plan Agreement (the “Indexed Retirement Plan”) in which I previously participated. Capitalized terms not defined herein shall have the same meaning as set forth in the Plan.

UNITED STATES DEPARTMENT OF THE TREASURY Washington, D.C. 20220
Securities Purchase Agreement • March 6th, 2009 • Citizens Bancshares Corp /Ga/ • State commercial banks • New York

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.

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