NON-COMPETE AND NON-SOLICITATION AGREEMENTNon-Compete and Non-Solicitation Agreement • April 1st, 2013 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Georgia
This NON-COMPETE AND NON-SOLICITATION AGREEMENT (the “Agreement”) is dated as of June 28, 2010, by and between Phillip S. Buddenbohm (“Executive”) and Atlantic Coast Bank (the “Bank”), a wholly-owned subsidiary of Atlantic Coast Federal Corporation (the “Company”).
ATLANTIC COAST BANK AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT PLANSupplemental Executive Retirement Agreement • April 1st, 2013 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Georgia
This Amended and Restated Atlantic Coast Bank Supplemental Executive Retirement Plan (the “Plan”) was originally established on November 1, 2002, and was amended and restated effective October 1, 2004, and most recently is amended and restated by this document, effective January 1, 2005, in order to comply with Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”) and the 2007 final regulations issued thereunder.
