APPALACHIAN COMMUNITY BANK SALARY CONTINUATION AGREEMENT [As Amended and Restated to Comply with Section 409A of the Internal Revenue Code]Salary Continuation Agreement • March 28th, 2008 • Appalachian Bancshares Inc • State commercial banks • Georgia
THIS SALARY CONTINUATION AGREEMENT, as amended and restated (the “Agreement”), is adopted as of the first day of August, 2004, by and among APPALACHIAN COMMUNITY BANK, a state-chartered commercial bank located in Ellijay, Georgia (the “Bank”), APPALACHIAN BANCSHARES, INC., the parent company of the Bank (the “Holding Company”), and TRACY R. NEWTON (the “Executive”).
