0001193125-06-070730 Sample Contracts

COMMUNITY BANCSHARES, INC. FOR SENIOR OFFICERS
Nonqualified Stock Option Agreement • March 31st, 2006 • Community Bancshares Inc /De/ • State commercial banks

THIS AGREEMENT is made and entered into as of January 12, 2005, between grantor Community Bancshares, Inc., a Delaware corporation (the “Corporation”) and grantee, John Brothers (the “Grantee”).

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ACQUISITION AGREEMENT
Acquisition Agreement • March 31st, 2006 • Community Bancshares Inc /De/ • State commercial banks • Alabama

This Acquisition Agreement (the “Agreement”) is made and entered into as of the 4th day of August, 2005, by and between First National Bank, a national banking association headquartered in Hamilton, Alabama (the “Purchaser”), and Community Bank, an Alabama banking corporation headquartered in Blountsville, Alabama (the “Seller”).

COMMUNITY BANCSHARES, INC.
Agreement • March 31st, 2006 • Community Bancshares Inc /De/ • State commercial banks

THIS AGREEMENT is made and entered into as of January 12, 2005, between grantor Community Bancshares, Inc., a Delaware corporation (the “Corporation”) and grantee, William H. Caughran (the “Grantee”).

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