0000950144-06-007927 Sample Contracts

Form of Amended and Restated Employment Agreement between Pension and Benefit Financial Services, Inc. and J. Malcomb Massey
Employment Agreement • August 14th, 2006 • Southfirst Bancshares Inc • Savings institution, federally chartered • Alabama

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of this first day of January, 2006 (the “Effective Date”), by and between Pension & Benefit Financial Services, Inc. (D/B/A “Pension & Benefit Trust Company”), an Alabama corporation (the “Company”) and the wholly-owned operating subsidiary of SouthFirst Bank, a federal savings association (the “Bank”), and J. Malcomb Massey (the “Employee”).

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Form of Amended and Restated Employment Agreement between SouthFirst Bank and Sandra H. Stephens
Employment Agreement • August 14th, 2006 • Southfirst Bancshares Inc • Savings institution, federally chartered • Delaware

THIS AGREEMENT is entered into as of the 1st day of January, 2006 (the “Effective Date”), by and between SouthFirst Bank, a federal savings bank (the “Bank”) and Sandra H. Stephens (the “Employee”).

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