NOTICE: THIS CONTRACT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT Between THE SOUTH FINANCIAL GROUP, INC. and JAMES W. TERRY, JR.Noncompetition, Severance and Employment Agreement • March 15th, 2006 • South Financial Group Inc • State commercial banks • South Carolina
This Noncompetition, Severance and Employment Agreement (this “Agreement”) is made and entered into as of this ___ day of ___,2001, by and between James W. Terry, Jr., an individual (the “Executive”), and The South Financial Group, Inc., a South Carolina corporation and financial institution holding company headquartered in Greenville, South Carolina (the “Company”). As used herein, the term “Company” shall include the Company and any and all of its subsidiaries where the context so applies.
