Common Contracts

NEXITY BANK AMENDED AND RESTATED ESCROW AGREEMENT Relating to Subscriptions for Shares of Atlantic Bancshares, Inc.

Escrow Agreement • October 6th, 2005 • Atlantic Bancshares, Inc. • State commercial banks • Alabama

• Contract Type
  Escrow Agreement
• Filed
  October 6th, 2005
• Company
  Atlantic Bancshares, Inc.
• Industry
  State commercial banks
• Jurisdiction
  Alabama

This Agreement (the “Agreement”) is made and entered into as of the _____ day of October, 2005, and amends and restates that certain escrow agreement dated August 4, 2005, by and among certain investors (collectively, the “Investors”) who have executed a Subscription Agreement (the “Subscription Agreement”) (and which Subscription Agreement expressly refers to and incorporates this Escrow Agreement); Atlantic Bancshares, Inc., a South Carolina corporation (the “Company”); Nexity Bank (the “Escrow Agent”); and SAMCO Capital Markets, a division of Penson Financial Services, Inc., solely for the limited purpose set forth in Section 1 below.

NEXITY BANK ESCROW AGREEMENT Relating to Subscriptions for Shares of Atlantic Bancshares, Inc.

Escrow Agreement • August 5th, 2005 • Atlantic Bancshares, Inc. • Alabama

• Contract Type
  Escrow Agreement
• Filed
  August 5th, 2005
• Company
  Atlantic Bancshares, Inc.
• Jurisdiction
  Alabama

This Escrow Agreement (the “Agreement”) is made and entered into as of the 4th day of August, 2005, by and among certain investors (collectively, the “Investors”) who have executed a Subscription Agreement (the “Subscription Agreement”) (and which Subscription Agreement expressly refers to and incorporates this Escrow Agreement); Atlantic Bancshares, Inc., a South Carolina corporation (the “Company”); and Nexity Bank (the “Escrow Agent”).