Exhibit 10.1 RESIGNATION, SEVERANCE AND GENERAL RELEASE AGREEMENT THIS AGREEMENT ("Agreement") is made and entered into as of March 31, 2005, by and between JOE K. MCARTHUR ("McArthur") and FIRST FEDERAL OF THE SOUTH, a federal savings bank and...Resignation, Severance and General Release Agreement • May 16th, 2005 • Southfirst Bancshares Inc • Savings institution, federally chartered • Alabama
