Provident Community Bancshares, Inc. Sample Contracts

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EXHIBIT 2.1 AGREEMENT AND PLAN OF MERGER DATED AS OF JULY 1, 1999 BY AND BETWEEN UNION FINANCIAL BANCSHARES, INC.
Merger Agreement • July 9th, 1999 • Union Financial Bancshares Inc • Savings institution, federally chartered • Delaware
Employment Agreement with Richard H. Flake
Employment Agreement • December 22nd, 1999 • Union Financial Bancshares Inc • Savings institution, federally chartered • South Carolina
10.2 FORM OF AWARD AGREEMENTS
Incentive Stock Option Award Agreement • August 8th, 2006 • Provident Community Bancshares, Inc. • Savings institution, federally chartered
EMPLOYMENT AGREEMENT
Employment Agreement • May 7th, 2003 • Union Financial Bancshares Inc • Savings institution, federally chartered • South Carolina

THIS AGREEMENT (the “Agreement”), made this 1st day of January, 2003, by and among UNION FINANCIAL BANCSHARES, INC., a Delaware corporation (“the Company”), PROVIDENT COMMUNITY BANK, a wholly owned subsidiary of the Company (the “Bank”), and Richard H. Flake (the “Executive”).

AGREEMENT AND PLAN OF MERGER by and between PARK STERLING CORPORATION and PROVIDENT COMMUNITY BANCSHARES, INC. Dated as of March 4, 2014
Merger Agreement • March 5th, 2014 • Provident Community Bancshares, Inc. • Savings institution, federally chartered • North Carolina

This Agreement and Plan of Merger (“Agreement”) is dated as of March 4, 2014, by and between Provident Community Bancshares, Inc., a Delaware corporation (the “Company”), and Park Sterling Corporation, a North Carolina corporation (“Park Sterling”). Certain capitalized terms have the meanings given to such terms in ARTICLE I.

EMPLOYMENT AGREEMENT
Employment Agreement • December 19th, 2003 • Union Financial Bancshares Inc • Savings institution, federally chartered • South Carolina

THIS AGREEMENT (the “Agreement”), made this 1st day of January, 2003, by and among UNION FINANCIAL BANCSHARES, INC., a Delaware corporation (“the Company”), PROVIDENT COMMUNITY BANK, a wholly owned subsidiary of the Company (the “Bank”), and Richard H. Flake (the “Executive”).

AGREEMENT
Executive Employment Agreement • December 19th, 2003 • Union Financial Bancshares Inc • Savings institution, federally chartered • South Carolina

THIS AGREEMENT is made effective as of April 17, 2003 by and between PROVIDENT COMMUNITY BANK (the”Bank”); UNION FINANCIAL BANCSHARES, INC. (the “Company”); and Lud W. Vaughn (“Executive”).

FORM OF FIRST AMENDMENT TO
Employment Agreement • March 26th, 2009 • Provident Community Bancshares, Inc. • Savings institution, federally chartered

WHEREAS, Provident Community Bank (the “Bank”), Union Financial Bancshares, Inc. (the “holding company”) and ___________________ (the “Executive”) previously entered into an employment agreement, originally effective as of January 1, 2003 (the “Agreement”); and

FORM OF First Amendment to the Change in Control Agreement by and between Provident Community Bancshares, Inc. (formerly Union Financial Bancshares, Inc.) Provident Community Bank and
Change in Control Agreement • March 26th, 2009 • Provident Community Bancshares, Inc. • Savings institution, federally chartered

This Amendment to the Change in Control Agreement between Provident Community Bancshares, Inc., formerly Union Financial Bancshares, Inc. (the “Company”), Provident Community Bank (the “Bank”) (collectively referred to herein as the “Employer”) and __________________ (“Executive”) is entered into as of December __, 2008.

AGREEMENT
Employment Agreement • March 22nd, 2005 • Union Financial Bancshares Inc • Savings institution, federally chartered • South Carolina

THIS AGREEMENT is made effective as of November 4, 2002 by and between PROVIDENT COMMUNITY BANK (the “Bank”); UNION FINANCIAL BANCSHARES, INC. (the “Company”); and Edward A. Brock (“Executive”).

Insert Name and Address] Dear [Insert Name],
Letter Agreement • March 13th, 2009 • Provident Community Bancshares, Inc. • Savings institution, federally chartered

Provident Community Bancshares, Inc. (the “Company”) anticipates entering into a letter agreement (“Agreement”) with the United States Department of the Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s Capital Purchase Program (the “CPP”). If the Company does not participate in the CPP, this letter shall be of no further force and effect.

FORM OF Second Amendment to the Employment Agreement by and between Provident Community Bancshares, Inc. (formerly Union Financial Bancshares, Inc.) Provident Community Bank and [EXECUTIVE]
Employment Agreement • March 26th, 2009 • Provident Community Bancshares, Inc. • Savings institution, federally chartered

This Amendment to the Employment Agreement between Provident Community Bancshares, Inc., formerly Union Financial Bancshares, Inc. (the “Company”), Provident Community Bank (the “Bank”) (collectively referred to herein as the “Employer”) and __________________ (“Executive”) is entered into as of December __, 2008.

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