AGENCY AGREEMENTAgency Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • Texas
Coastal Carolina Bancshares, Inc., a South Carolina corporation (the “Company”), and, upon its capitalization, Coastal Carolina National Bank, a national banking association in organization (the “Bank”), proposes, subject to the terms and conditions stated herein, to engage Commerce Street Capital, LLC (the “Agent” or “you”) to assist the Company in structuring an offering of the Company’s common stock (the “Common Stock”) and, as agent of the Company, to assist in the sale on a “best efforts” basis of a minimum of 2,100,000 and up to a maximum of 3,000,000 shares of the Common Stock, $.01 par value per share (the “Shares”) for $10.00 per share.
THIS EMPLOYMENT AGREEMENT IS SUBJECT TO ARBITRATION PURSUANT TO THE SOUTH CAROLINA UNIFORM ARBITRATION ACT, SECTION 15-48-10 ET SEQ., AS AMENDED. EMPLOYMENT AGREEMENTEmployment Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made as of the 28th day of May, 2008 (the “Effective Date”) by and between Coastal Carolina Bancshares, Inc., a South Carolina corporation (the “Company”), and Michael D. Owens (“Executive”). Upon the formation of the Company’s proposed national bank association subsidiary (the “Bank”), the Bank shall become party hereto pursuant to the provisions set forth herein. The Company and the Bank are collectively referred to herein as “Employer.”
EMPLOYMENT AGREEMENTEmployment Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made as of the 17th day of April, 2008, by and between Coastal Carolina Bancshares, Inc., a South Carolina corporation (the “Company”), and Holly L. Schreiber (“Employee”) to be effective as of the date hereof. Upon the formation of the Company’s proposed national bank association subsidiary (the “Bank”), the Bank shall become party hereto pursuant to the provisions set forth herein. The Company and the Bank are collectively referred to herein as “Employer”).
COASTAL CAROLINA BANCSHARES, INC. ORGANIZER/FOUNDER WARRANT AGREEMENTCoastal Carolina Bancshares, Inc. • July 15th, 2008 • South Carolina
AMENDMENT TO LEASE COUNTY OF HORRY )Coastal Carolina Bancshares, Inc. • July 15th, 2008
THIS AMENDMENT TO LEASE (the “Amendment”), made this 12th day of February, 2008 (the “Effective Date”), by and between MYRTLE BEACH FARMS COMPANY, INC., a South Carolina corporation, hereinafter referred to as “LANDLORD”, and COASTAL CAROLINA DREAM TEAM, LLC, a South Carolina limited liability company, hereinafter referred to as “TENANT”.
Loan Number 12121547 Agreement Date 04-01-2008 Credit Limit $ 2,000,000.00 Maturity Date 04-01-2009Modification Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
This Modification Agreement (the “Modification”), dated April 23, 2008, is entered into by and between Coastal Carolina Bancshares, Inc. (individually and collectively, the “Borrower”) and South Carolina Bank and Trust, N.A. (the “Lender”). This Modification amends and supplements that certain note between Borrower and Lender dated 04-01-2008 (the “Agreement”),
COASTAL CAROLINA BANCSHARES, INC. DIRECTOR WARRANT AGREEMENTDirector Warrant Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
COASTAL CAROLINA BANCSHARES, INC. CONSULTANT OPTION AGREEMENTConsultant Option Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
EMPLOYMENT AGREEMENTEmployment Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made as of the 9th day of April, 2008, by and between Coastal Carolina Bancshares, Inc. a South Carolina corporation (the “Company”), and Joel P. Foster (“Employee”) to be effective as of the date hereof. Upon the formation of the Company’s proposed national bank association subsidiary, this Agreement shall be assigned to said proposed national bank subsidiary (the “Bank”) (the Company and the Bank are collectively referred to herein as “Employer”) pursuant to the provisions set forth herein.
SUBJECT TO BINDING ARBITRATION AMENDMENT TO EMPLOYMENT AGREEMENT DATED APRIL 9, 2008Employment Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc.
THIS AMENDMENT is made this 6th day of June, 2008 by and between Coastal Carolina Bancshares, Inc. a South Carolina Corporation (the “Company”) and Joel P. Foster (“Employee”).
LEASE AGREEMENT COUNTY OF HORRY )) Lease Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
This Lease Agreement (“Lease”) entered into this 13th day of November, 2007, by and between Myrtle Beach Farms Company, Inc., a South Carolina corporation, hereinafter called the “Landlord” and Coastal Carolina Dream Team, LLC, a South Carolina limited liability company, hereinafter called “Tenant”.
SOUTH CAROLINA BANK AND TRUST ESCROW AGREEMENTEscrow Agreement • July 15th, 2008 • Coastal Carolina Bancshares, Inc. • South Carolina
This Escrow Agreement (the “Agreement”) is made and entered into as of the 6th day of June, 2008, by and between Coastal Carolina Bancshares, Inc., a South Carolina corporation (the “Company”) and South Carolina Bank and Trust, (the “Escrow Agent”).
SECOND AMENDMENT TO LEASE COUNTY OF HORRY )Coastal Carolina Bancshares, Inc. • July 15th, 2008
THIS SECOND AMENDMENT TO LEASE (the “Second Amendment”), made this 24th day of April , 2008, by and between MYRTLE BEACH FARMS COMPANY, INC., a South Carolina corporation, hereinafter referred to as “LANDLORD”, and COASTAL CAROLINA BANCSHARES, INC., a South Carolina corporation, as successor by merger to COASTAL CAROLINA DREAM TEAM, LLC, a South Carolina limited liability company, hereinafter referred to as “TENANT”.
