0000942708-06-000048 Sample Contracts

Commercial Purchase Agreement and Deposit Receipt
Commercial Purchase Agreement • March 21st, 2006 • Beach First National Bancshares Inc • National commercial banks

BEACH FIRST NATIONAL BANK, hereinafter designated as SELLER, has received from FORD SHELLEY, JR., hereinafter designated as BUYER, the amount set forth below as DEPOSIT in Section 1.A on account of the TOTAL PURCHASE PRICE of One Million Five Hundred Thousand and no/100 Dollars ($1,500,000.0O) (the “Purchase Price”), for the land and building located at 1550 Oak Street, City of Myrtle Beach, County of Horry, State of South Carolina, more specifically described on the attached Exhibit A (the “Property”). This conveyance of the Property does not include furniture, furnishings, equipment and personal property of Seller located on the Property.

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Amendment to Employment Agreement of Walter E. Standish, III with the Company dated December 29, 2005.
Employment Agreement • March 21st, 2006 • Beach First National Bancshares Inc • National commercial banks

Amendment to employment contract dated February 24, 2004 by and between Beach First National Bancshares, Inc. and Walt Standish is hereby amended to read:

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