EMPLOYMENT AGREEMENTEmployment Agreement • November 22nd, 2005 • Flag Financial Corp • Savings institution, federally chartered • Georgia
THIS EMPLOYMENT AGREEMENT (“Agreement”), made and entered into as of the 26th day of May, 2005 by and among H. N. Padget, a resident of the State of Georgia (“Employee”), Flag Financial Corporation, a Georgia corporation (“Flag Financial”), Flag Bank, a Georgia banking corporation and Flag Financial’s wholly-owned subsidiary (“Flag Bank”, and, together with Flag Financial, “Flag”), First Capital Bancorp, Inc., a Georgia corporation (“FCB”), and First Capital Bank, a Georgia banking corporation and wholly-owned subsidiary of FCB (“First Capital Bank”, and, together with FCB, “First Capital”).
