0001116502-06-001945 Sample Contracts

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • September 22nd, 2006 • Sun American Bancorp • State commercial banks

This Amendment to the Employment Agreement (the Amendment”), by and between Mr. Hugo Castro, a resident of the State of Florida (the “Executive”), and Sun American Bancorp, a Delaware corporation and Sun American Bank, a Florida corporation (collectively, the “Company”) is effective as of September 20, 2006.

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