0001206774-17-001013 Sample Contracts

FORM OF DEPOSIT AGREEMENT
Deposit Agreement • March 30th, 2017 • Southern First Bancshares Inc • National commercial banks

This DEPOSIT AGREEMENT (“Deposit Agreement”) is made and entered into as of , 20 , by and among Southern First Bancshares, Inc., a South Carolina corporation, [ ], and all holders from time to time of Receipts (as hereinafter defined) issued hereunder.

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SOUTHERN FIRST BANCSHARES, INC. Issuer to Trustee SUBORDINATED INDENTURE Dated as of , 20 Subordinated Debt Securities
Subordinated Indenture • March 30th, 2017 • Southern First Bancshares Inc • National commercial banks • New York
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