SEPARATION AGREEMENTSeparation Agreement • September 12th, 2014 • State Bank Financial Corp • State commercial banks • Georgia
This SEPARATION AGREEMENT (this “Agreement”) is entered into as of June 23, 2014, by and between First Bank of Georgia, a Georgia state-chartered bank (the “Bank”) and Remer Y. Brinson, III (the “Officer”), to become effective immediately following the closing of that certain Agreement and Plan of Merger (the “Merger Agreement”) dated on or about the date hereof by and between State Bank Financial Corporation (the “Holding Company”) and Georgia-Carolina Bancshares, Inc., the holding company for the Bank (“Seller”) The date of such Closing is referred to herein as the “Effective Date.” Capitalized terms used but not defined herein shall have the same meanings as in the Merger Agreement.
