0001090009-08-000047 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • December 23rd, 2008 • Southern First Bancshares Inc • National commercial banks • South Carolina

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made as of and effective on the 17th day of November, 2008 (the “Effective Date”) by and between Southern First Bancshares, Inc. and Southern First Bank, National Association (hereinafter collectively called “Employer” or the “Company”), having its principal office at 100 Verdae Boulevard, Suite 100, Greenville, South Carolina 29607, and James M. Austin, III (hereinafter called “Employee”), whose residence address is 103 W. Shallowstone Road, Greer, South Carolina 29650.

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Southern First Bank, N.A. Salary Continuation Agreement
Salary Continuation Agreement • December 23rd, 2008 • Southern First Bancshares Inc • National commercial banks • South Carolina

This Salary Continuation Agreement (this “Agreement”) is made and entered into as of the 1st day of October, 2008, by and between Southern First Bank, N.A. a South Carolina-chartered bank (the “Bank”), and ______________, its ___________ (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • December 23rd, 2008 • Southern First Bancshares Inc • National commercial banks • South Carolina

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made as of and effective on the 17th day of November , 2008 (the “Effective Date”) by and between Southern First Bancshares, Inc. and Southern First Bank, National Association (hereinafter collectively called “Employer” or the “Company”), having its principal office at 100 Verdae Boulevard, Suite 100, Greenville, South Carolina 29607, and R. Arthur Seaver, Jr. (hereinafter called “Employee”), whose residence address is 226 Northbrook Way, Greenville, South Carolina 29615.

FIRST AMENDMENT TO SOUTHERN FIRST BANK, N.A. SALARY CONTINUATION AGREEMENT
Continuation Agreement • December 23rd, 2008 • Southern First Bancshares Inc • National commercial banks

THIS FIRST AMENDMENT TO SALARY CONTINUATION AGREEMENT (this "Amendment") is executed by the undersigned to be effective ____________, 2008. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Salary Continuation Agreement (the "Agreement") by and between Greenville First Bank, N.A. now known as Southern First Bank, N.A. (the "Bank") and ____________________ (the "Executive").

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