BUSINESS LOAN AND SECURITY AGREEMENT Dated As of JUNE 8, 2001 Among COMMUNITY BANKSHARES, INC., EMPLOYEE STOCK OWNERSHIP PLAN AND TRUST,Business Loan and Security Agreement • April 1st, 2002 • Community Bankshares Inc /Ga/ • State commercial banks • Georgia
THIS BUSINESS LOAN AND SECURITY AGREEMENT, dated as of June 8, 2001, by and among COMMUNITY BANKSHARES, INC., a Georgia corporation (together with its successors, the “Borrower”), COMMUNITY BANKSHARES, INC. Employee Stock Ownership Plan and Trust (the “Trust”), a Trust created and existing under that certain Employee Stock Ownership Plan and Trust Agreement dated as of December 29, 1995, and effective as of January 1, 1995 (as the same may be amended, supplemented, restated or otherwise modified and in effect from time to time, the “Trust Agreement”), between the Borrower and Steve Adams, J. Alton Wingate and Elton Collins, collectively as trustee (together with any successor trustees under the Trust Agreement, and forming a part of the COMMUNITY BANKSHARES, INC. EMPLOYEE STOCK OWNERSHIP PLAN (the “ESOP”), and SUNTRUST BANK, a Georgia banking corporation (together with endorsees, successors and assigns, the “Bank”).
AMENDED AND RESTATED REVOLVING CREDIT/TERM LOAN AGREEMENTRevolving Credit/Term Loan Agreement • April 1st, 2002 • Community Bankshares Inc /Ga/ • State commercial banks • Georgia
THIS AMENDED AND RESTATED REVOLVING CREDIT/TERM LOAN AGREEMENT is dated as of July 31, 2000 between COMMUNITY BANKSHARES, INC., a Georgia corporation, whose principal place of business is at 400 North Main Street, Cornelia, Georgia 30531 (the "Borrower") and SUNTRUST BANK, f/k/a SUNTRUST BANK, ATLANTA, a Georgia banking corporation whose principal place of business is at 25 Park Place, Atlanta, Georgia 30303 (the "Lender"). This Amended and Restated Revolving Credit/Term Loan Agreement renews the Revolving Credit (the "Maturing Revolving Credit") under and supersedes the Amended and Restated Revolving Credit /Term Loan Agreement between the parties dated July 31, 1999. The parties hereto hereby agree as follows:
AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT/TERM LOAN AGREEMENTRevolving Credit/Term Loan Agreement • April 1st, 2002 • Community Bankshares Inc /Ga/ • State commercial banks
THIS AMENDMENT TO AMENDED AND RESTATED REVOLVING CREDIT/TERM LOAN AGREEMENT (“Amendment”) is made and dated as of June 8, 2001, by and between the SUNTRUST BANK, a Georgia banking corporation (“Lender”), and COMMUNITY BANKSHARES, INC., a Georgia corporation (“Borrower”). Capitalized terms not otherwise defined herein are defined in ARTICLE I of the Prior Loan Agreement referred to below.
