EXHIBIT 10.18
AMENDMENT
TO THE EXECUTIVE SUPPLEMENTAL
RETIREMENT PLAN AGREEMENT
DATED OCTOBER 20, 1999
This Amendment, made and entered into this 5 day of May, 2005, by and
between Gwinnett Banking Company, a Bank organized and existing under the laws
of the State of Georgia, hereinafter referred to as the, "Bank", and Xxxx X.
Xxxxxxx, III, an Executive of the Bank, hereinafter referred to as the,
"Executive", shall effectively amend the Executive Supplemental Retirement Plan
Agreement dated October 20, 1999 as follows:
1. Subparagraph I (K) titled, "Normal Retirement Age" shall be deleted in its
entirety and replaced with the following: "Normal Retirement Age" shall mean the
date on which the Executive attains age sixty-five (65).
This Amendment shall be effective the 20th day of October, 1999. To
the extent that any paragraph, term, or provision of said agreement is not
specifically amended herein, or in any other amendment thereto, said paragraph,
term, or provision shall remain in full force and effect as set forth in said
October 20, 1999 Agreements.
IN WITNESS WHEREOF, the parties hereto acknowledge that each has
carefully read this Amendment and executed the original thereof on the first day
set forth hereinabove, and that, upon execution, each has received a conforming
copy.
GWINNETT BANKING COMPANY
Lawrenceville, Georgia
/s/ Xxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxx EVP
-------------------------- --------------------------------- Title
Witness (Bank Officer other than Insured)
/s/ Xxxx Xxxxxxx /s/ Xxxx X. Xxxxxxx III
-------------------------- ---------------------------------
Witness Xxxx X. Xxxxxxx, III
1
