0001193125-08-105655 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • May 7th, 2008 • American Community Bancshares Inc • State commercial banks • North Carolina

THIS CHANGE IN CONTROL AGREEMENT (“Agreement”) is made and entered into this 23rd day of April, 2008, by and among American Community Bancshares, Inc., Charlotte, North Carolina (“Bancshares”), and Dan R. Ellis, Jr. (“Officer”).

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 7th, 2008 • American Community Bancshares Inc • State commercial banks

This Amendment entered into as of the 6th day of March, 2007 by and between American Community Bank, successor in interest to First National Bank of the Carolinas (hereinafter referred to as the “Bank”) and American Community Bancshares, Inc., a North Carolina corporation and sole shareholder of the Bank (“ACB”) and V. Stephen Moss of Gaffney, South Carolina (hereinafter referred to as “Officer”).

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