EMPLOYMENT CONTRACT TERMINATION AGREEMENTTermination Agreement • November 9th, 2004 • Pab Bankshares Inc • State commercial banks • Georgia
THIS AGREEMENT (this "Agreement") is entered into as of August 9, 2004 by and between MICHAEL E. RICKETSON, a resident of the State of Georgia ("Executive"), and PAB BANKSHARES, INC., a Georgia corporation (the "Company"), and The PARK AVENUE BANK, a bank chartered under the laws of the State of Georgia (the "Bank") (the Company and the Bank are at times herein referred to collectively as, "Bankshares Affiliates").
