0001144204-08-015247 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 14th, 2008 • Southern Community Financial Corp • State commercial banks • North Carolina

THIS AGREEMENT is entered into as of April 16, 2007, by and between SOUTHERN COMMUNITY BANK AND TRUST, a North Carolina banking corporation (hereinafter referred to as the “Bank”) and JAMES C. MONROE of North Carolina (hereinafter referred to as the “Officer”).

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Southern Community Bank and Trust Endorsement Split Dollar Agreement
Endorsement Split Dollar Agreement • March 14th, 2008 • Southern Community Financial Corp • State commercial banks • North Carolina

This Endorsement Split Dollar Agreement (this “Agreement”) is entered into as of this 14th day of March , 2007 by and between Southern Community Bank and Trust, a North Carolina-chartered bank (the “Bank”), and F. Scott Bauer, an executive of the Bank (the “Executive”). This Agreement shall append the Split Dollar Policy Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.

AMENDMENT NUMBER ONE TO SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 14th, 2008 • Southern Community Financial Corp • State commercial banks

This Amendment Number One is made as of December 20, 2007, to the Salary Continuation Agreement dated as of June 29, 2007 (the “Agreement”), by and between Southern Community Bank and Trust and James C. Monroe.

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