0001140361-09-009178 Sample Contracts

EMPLOYMENT TERMINATION AGREEMENT
Employment Agreement • April 7th, 2009 • Pab Bankshares Inc • State commercial banks • Georgia

THIS EMPLOYMENT TERMINATION AGREEMENT (the "Agreement") is made and entered into by and between M. BURKE WELSH, JR., an individual, on behalf of himself, his spouse, agents, representatives, attorneys, assignees, heirs, executors, administrators, beneficiaries and trustees ("WELSH"), and PAB BANKSHARES, INC. (the “COMPANY”) and THE PARK AVENUE BANK (the “BANK”) on behalf of themselves, their predecessors, successors, all former, current and future related companies, divisions, subsidiaries, affiliates and parents, and collectively, their former, current and future directors, officers, employees, agents, representatives, attorneys, fiduciaries, assignees, heirs, executors, administrators, beneficiaries and trustees (the “COMPANIES”). WELSH and the COMPANIES are sometimes referred to together as the “parties” or individually as a “party.”

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CONSULTING AGREEMENT
Consulting Agreement • April 7th, 2009 • Pab Bankshares Inc • State commercial banks • Georgia

THIS CONSULTING AGREEMENT (“Agreement”) is made and entered into by and between M. BURKE WELSH, JR. ("Consultant"), and PAB BANKSHARES, INC. and THE PARK AVENUE BANK (the “Companies”). Consultant and the Companies are sometimes referred to together as the “parties” or individually as a “party.”

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