0001104659-10-017729 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered • Georgia

THIS AGREEMENT (the “Agreement”) is made as of the 3rd day of December, 2009, by and among ATLANTIC SOUTHERN FINANCIAL GROUP, INC., a bank holding company incorporated under the laws of the State of Georgia (the “Company”), ATLANTIC SOUTHERN BANK, a bank chartered under the laws of the State of Georgia (the “Bank”) (collectively, the Bank and the Company are referred to hereafter as the “Employer”), and MARK A. STEVENS, a resident of the State of Georgia (the “Employee”).

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RETIREMENT AGREEMENT
Supplemental Executive • March 31st, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered • Georgia

This Supplemental Executive Retirement Agreement (this “Agreement”) is made as of the 30th day of March, 2010, by and between Atlantic Southern Bank, a bank chartered under the laws of the State of Georgia (the “Employer”), and Ed Loomis, a resident of the State of Georgia (“Executive”).

ATLANTIC SOUTHERN FINANCIAL GROUP, INC. RESTRICTED STOCK AWARD
Restricted Stock Award • March 31st, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered • Georgia

This RESTRICTED STOCK AWARD (the “Award”) is made and entered into as of the 30th day of March, 2010 by and between Atlantic Southern Financial Group, Inc. (the “Company”), a Georgia corporation, and Edward P. Loomis, Jr. (the “Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • March 31st, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered • Georgia

THIS AGREEMENT is made as of the 30th day of March, 2010, by and among ATLANTIC SOUTHERN FINANCIAL GROUP, INC., a bank holding company incorporated under the laws of the State of Georgia (the “Company”), ATLANTIC SOUTHERN BANK, a bank chartered under the laws of the State of Georgia (the “Bank”) (collectively, the Bank and the Company are referred to hereafter as the “Employer”), and EDWARD P. LOOMIS, JR., a resident of the State of Georgia (the “Employee”).

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