FIRST UNITED SECURITY BANK DIRECTOR RETIREMENT AGREEMENTDirector Retirement Agreement • March 30th, 2012 • United Security Bancshares Inc • State commercial banks • Alabama
THIS DIRECTOR RETIREMENT AGREEMENT (“Agreement”) is made and entered into this 17th day of November, 2011, between First United Security Bank, a bank located in Thomasville, Alabama (“FUSB”), United Security Bancshares, Inc. (“USB”) (FUSB and USB are collectively referred to herein as the “Company”), and Andrew C. Bearden, Jr. (“Director”).
FIRST UNITED SECURITY BANK DIRECTOR RETIREMENT AGREEMENTDirector Retirement Agreement • March 30th, 2012 • United Security Bancshares Inc • State commercial banks • Alabama
THIS DIRECTOR RETIREMENT AGREEMENT (“Agreement”) is made and entered into this 30th day of November, 2011, between First United Security Bank, a bank located in Thomasville, Alabama (“FUSB”), United Security Bancshares, Inc. (“USB”) (FUSB and USB are collectively referred to herein as the “Company”), and J. Lee McPhearson (“Director”).
SECOND AMENDMENT TO THE FIRST UNITED SECURITY BANK SALARY CONTINUATION AGREEMENT FORSalary Continuation Agreement • March 30th, 2012 • United Security Bancshares Inc • State commercial banks
THIS SECOND AMENDMENT is adopted this 30th day of June, 2011, by and among United Security Bancshares, Inc., a Delaware corporation (“USB”), First United Security Bank, a state-chartered commercial bank located in Thomasville, Alabama (“FUSB”) (USB and FUSB collectively are referred to herein as the “Company”), and R. TERRY PHILLIPS (the “Executive”).
