0001015402-03-004588 Sample Contracts

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2003 • Pab Bankshares Inc • State commercial banks

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this "Amendment"), is made and entered into on this 25th day of August, 2003, by and among MICHAEL E. RICKETSON , a resident of the State of Georgia (the "Employee"), PAB BANKSHARES, INC ., a Georgia corporation ("Bankshares") and THE PARK AVENUE BANK , a bank chartered under the laws of the State of Georgia (the "Bank"), the wholly-owned subsidiary of Bankshares. (Bankshares and the Bank are referred to collectively herein as "Bankshares Affiliates").

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FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • November 14th, 2003 • Pab Bankshares Inc • State commercial banks

THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT (this "Amendment"), is made and entered to this the 26th day of August, 2003, by and among DONALD J. TORBERT, JR., a resident of the State of Georgia (the "Employee") and THE PARK AVENUE BANK, a bank chartered under the laws of the State of Georgia (the "Bank") that is the wholly-owned subsidiary of PAB Bankshares, Inc., a Georgia corporation ("Bankshares").

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