Clover Community Bankshares Inc Sample Contracts

Clover Community Bankshares Inc – STATE OF SOUTH CAROLINA ) AGREEMENT ACCOMPANYING (August 13th, 2001)

EXHIBIT 10.1 STATE OF SOUTH CAROLINA ) AGREEMENT ACCOMPANYING ) RESIGNATION OF JAMES C. HARRIS, JR. COUNTY OF YORK ) WHEREAS, James C. Harris, Jr. has served as President and Chief Executive Officer of Clover Community Bank, Inc., (hereinafter "Bank") and its parent corporation, Clover Community Bankshares, Inc. ( hereinafter "Bankshares"), both of which are corporations organized under the laws of the State of South Carolina with their principal places of business in Clover, South Carolina; and WHEREAS, effective August 3, 2001, James C. Harris, Jr., has tendered his resignation as President and CEO of the Bank and of Bankshares; and WHEREAS, the Bank and Bankshares have accepted the resignation of James C. Harris, Jr., on August 3, 2001, to be effective immediately; and WHEREAS, the parties desire to set forth the terms and conditions of their Agreement whi