0001015402-05-002914 Sample Contracts

CHANGE OF CONTROL AGREEMENT
Change of Control Agreement • June 3rd, 2005 • Summit Bank Corp • State commercial banks • Georgia

THIS AGREEMENT, made as of the 31st day of May, 2005, by and between SUMMIT BANK CORPORATION, a Georgia corporation (“Summit”), the SUMMIT NATIONAL BANK, a national banking association (“the Bank”) (Summit and the Bank being collectively hereinafter referred to as the “Corporation”) and THOMAS J. FLOURNOY, an individual resident of Georgia (“the Executive”) for the purpose of establishing a severance arrangement between the Corporation and the Executive in the event of a Change in Control (as hereinafter defined) of the Corporation.

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