EMPLOYMENT AGREEMENTEmployment Agreement • December 21st, 2009 • Palmetto Bancshares Inc • State commercial banks • South Carolina
THIS EMPLOYMENT AGREEMENT (this “Agreement”) dated as of July 1, 2009, is made by and between Palmetto Bancshares, Inc., a South Carolina corporation (the “Company”), The Palmetto Bank (the “Bank”), a South Carolina state bank and wholly owned subsidiary of the Company (the Company and the Bank collectively referred to herein as the “Employer”), and Samuel L. Erwin, an individual resident of South Carolina (the “Executive”).
