EMPLOYMENT AGREEMENTEmployment Agreement • February 26th, 2010 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This EMPLOYMENT AGREEMENT (this “Agreement”) is entered into as of this 1 day of May, 2008, by and among Tidelands Bancshares, Inc., a South Carolina corporation (the “Corporation”), Tidelands Bank, a South Carolina-chartered bank and wholly owned subsidiary of Tidelands Bancshares, Inc. (the “Bank”), and James M. Bedsole, Senior Vice President and Chief Risk Officer of the Bank (the “Executive”). The Corporation and the Bank are referred to in this Agreement individually and together as the “Employer.”
TIDELANDS BANK SALARY CONTINUATION AGREEMENTSalary Continuation Agreement • February 26th, 2010 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This SALARY CONTINUATION AGREEMENT (this “Agreement”) is entered into as of this 1 day of May, 2008, by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and James M. Bedsole, its Senior Vice President and Chief Risk Officer (the “Executive”).
TIDELANDS BANK ENDORSEMENT SPLIT DOLLAR AGREEMENTEndorsement Split Dollar Agreement • February 26th, 2010 • Tidelands Bancshares Inc • National commercial banks • South Carolina
This ENDORSEMENT SPLIT DOLLAR AGREEMENT (this “Agreement”) is entered into as of this 1 day of May, 2008 by and between Tidelands Bank, a South Carolina-chartered bank (the “Bank”), and James M. Bedsole, an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the Bank and the Executive.
