Engagement Termination and New Engagement Agreement Sample Contracts

February 15, 2011 Roger Plemens President Macon Bancorp One Center Court Franklin, NC 28734 Dear Mr. Plemens:

Engagement Termination and New Engagement Agreement • June 10th, 2011 • Macon Financial Corp.

• Contract Type
  Engagement Termination and New Engagement Agreement
• Filed
  June 10th, 2011
• Company
  Macon Financial Corp.

Whereas, Macon Bancorp (the “Company”) desires to terminate its current engagement with The Carson Medlin Company and engage Monroe Securities, Inc. on identical terms.