0000950123-10-098256 Sample Contracts

FOURTH AMENDED AND RESTATED SUPPLEMENTAL RETIREMENT AGREEMENT
Supplemental Retirement Agreement • October 29th, 2010 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Georgia

THIS FOURTH AMENDED AND RESTATED SUPPLEMENTAL RETIREMENT AGREEMENT is made as of , 2010 by and between ATLANTIC COAST BANK (the “Bank”), its successors and assigns and THOMAS B. WAGERS, SR. (the “Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • October 29th, 2010 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Florida

This Employment Agreement (the “Agreement”) is made effective as of (the “Effective Date”), by and between Atlantic Coast Federal Corporation (the “Company” or “Employer”) and Jay Sidhu (the “Executive”). The Company owns 100% of the common stock of Atlantic Coast Bank (the “Bank”), and is the majority-owned subsidiary of Atlantic Coast Federal, MHC (the “MHC”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 29th, 2010 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Georgia

This Employment Agreement (the “Agreement”) is made effective as of_________, 2010 (the “Effective Date”), by and between Atlantic Coast Bank (the “Bank”) and Thomas B. Wagers, Sr. (the “Executive”), and supersedes and replaces the prior employment agreement dated May 12, 2010. References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder. Any reference to the “Employer” shall mean both the Company and the Bank.

EMPLOYMENT AGREEMENT
Employment Agreement • October 29th, 2010 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Georgia

This Employment Agreement (“Agreement”) is made by and between Atlantic Coast Bank (the “Bank”), and Robert J. Larison, Jr. (“Executive”) this ____ day of ________, 2010 and is effective as of such date (the “Effective Date”). References herein to the “Company” mean Atlantic Coast Federal Corporation, which owns 100% of the common stock of the Bank. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder.

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