Severance Protection and Non-Competition Agreement Sample Contracts

SEVERANCE PROTECTION AND NON-COMPETITION AGREEMENT
Severance Protection and Non-Competition Agreement • March 31st, 2003 • Abc Bancorp • State commercial banks • Georgia

THIS SEVERANCE PROTECTION AND NON-COMPETITION AGREEMENT (the “Agreement”) made as of April 13, 1998, by and between ABC BANCORP (the “Company”), a Georgia corporation, and EDWIN W. HORTMAN, JR. (the “Executive”), an individual resident of the State of Georgia.

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