0001104659-10-055268 Sample Contracts

TERMINATION OF THE ATLANTIC SOUTHERN BANK (f/k/a NEW SOUTHERN BANK) SALARY CONTINUATION AGREEMENT DATED DECEMBER 15, 2005 FOR CAROL W. SOTO
Continuation Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

Pursuant to Section 7.2 of the Salary Continuation Agreement (the “Agreement”) by and between Atlantic Southern Bank (f/k/a New Southern Bank), a state-chartered commercial bank located in Macon, Georgia (the “Company”), and Carol W. Soto (the “Executive”), the Company and the Executive hereby agree to terminate the Agreement.

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FIRST AMENDMENT TO THE ATLANTIC SOUTHERN BANK (f/k/a NEW SOUTHERN BANK) SALARY CONTINUATION AGREEMENT DATED DECEMBER 15, 2005 FOR CAROL W. SOTO
Continuation Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

THIS FIRST AMENDMENT is adopted this day of , 20 , by and between ATLANTIC SOUTHERN BANK (f/k/a New Southern Bank), a state-chartered commercial bank located in Macon, Georgia (the “Company”), and Carol W. Soto (the “Executive”).

TERMINATION OF THE ATLANTIC SOUTHERN BANK (f/k/a NEW SOUTHERN BANK) SALARY CONTINUATION AGREEMENT DATED DECEMBER 15, 2005 FOR BRANDON L. MERCER
Continuation Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

Pursuant to Section 7.2 of the Salary Continuation Agreement (the “Agreement”) by and between Atlantic Southern Bank (f/k/a New Southern Bank), a state-chartered commercial bank located in Macon, Georgia (the “Company”), and Brandon L. Mercer (the “Executive”), the Company and the Executive hereby agree to terminate the Agreement.

FIRST AMENDMENT TO THE ATLANTIC SOUTHERN BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT DATED MARCH 30, 2010 FOR ED LOOMIS
Supplemental Executive Retirement Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

THIS FIRST AMENDMENT is adopted this day of , 20 , by and between ATLANTIC SOUTHERN BANK, a state-chartered commercial bank located in Macon, Georgia (the “Employer”), and Ed Loomis (the “Executive”).

FIRST AMENDMENT TO THE ATLANTIC SOUTHERN BANK (F/K/A NEW SOUTHERN BANK) SALARY CONTINUATION AGREEMENT DATED DECEMBER 15, 2005 FOR BRANDON L. MERCER
Continuation Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

THIS FIRST AMENDMENT is adopted this day of , 20 , by and between ATLANTIC SOUTHERN BANK (f/k/a New Southern Bank), a state-chartered commercial bank located in Macon, Georgia (the “Company”), and Brandon L. Mercer (the “Executive”).

TERMINATION OF THE ATLANTIC SOUTHERN BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT DATED MARCH 30, 2010 FOR ED LOOMIS
Supplemental Executive Retirement Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

Pursuant to Section 3 of the Supplemental Executive Retirement Agreement (the “Agreement”) by and between Atlantic Southern Bank, a state-chartered commercial bank located in Macon, Georgia (the “Employer”), and Ed Loomis (the “Executive”), the Company and the Executive hereby agree to terminate the Agreement.

FIRST AMENDMENT TO THE ATLANTIC SOUTHERN BANK (f/k/a NEW SOUTHERN BANK) SALARY CONTINUATION AGREEMENT DATED DECEMBER 15, 2005 FOR MORRIS A. STEVENS
Continuation Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

THIS FIRST AMENDMENT is adopted this day of , 20 , by and between ATLANTIC SOUTHERN BANK (f/k/a New Southern Bank), a state-chartered commercial bank located in Macon, Georgia (the “Company”), and Morris A. Stevens (the “Executive”).

TERMINATION OF THE ATLANTIC SOUTHERN BANK (f/k/a NEW SOUTHERN BANK) SALARY CONTINUATION AGREEMENT DATED DECEMBER 15, 2005 FOR MORRIS A. STEVENS
Continuation Agreement • November 2nd, 2010 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

Pursuant to Section 7.2 of the Salary Continuation Agreement (the “Agreement”) by and between Atlantic Southern Bank (f/k/a New Southern Bank), a state-chartered commercial bank located in Macon, Georgia (the “Company”), and Morris A. Stevens (the “Executive”), the Company and the Executive hereby agree to terminate the Agreement.

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