NONCOMPETE AGREEMENTNoncompete Agreement • June 1st, 2016 • HCSB Financial Corp • Savings institution, federally chartered • South Carolina
THIS NONCOMPETE AGREEMENT (this “Agreement”) dated as of May 26, 2016, is made by and among HCSB Financial Corporation, a South Carolina corporation (the “Company”), Horry County State Bank, a South Carolina state-chartered commercial bank, which is a wholly owned subsidiary of the Company (the “Bank” and collectively with the Company, the “Employer”), and Janet H. Hollar, an individual resident of South Carolina (the “Executive”).
