NON-RECOURSE INDEMNITY AND SECURITY AGREEMENTNon-Recourse Indemnity and Security Agreement • September 14th, 2007 • CapitalSouth Bancorp • State commercial banks • Delaware
This Non-Recourse Indemnity and Security Agreement (this “Agreement”) is made and entered into as of September 14, 2007, by and between CAPITALSOUTH BANK, an Alabama banking corporation (the “Bank”), and JAMES C. BOWEN, a resident of Duval County, Florida (“Indemnitor” or “Bowen”), and is joined in by CAPITALSOUTH BANCORP, a Delaware corporation and a registered bank holding company (“CapitalSouth”), with respect to Section 32 and Exhibit A of this Agreement.
INCENTIVE COMPENSATION AGREEMENTIncentive Compensation Agreement • September 14th, 2007 • CapitalSouth Bancorp • State commercial banks • Alabama
THIS INCENTIVE COMPENSATION AGREEMENT (this “Agreement”), is made and entered into as of September 14, 2007, between CapitalSouth Bank, an Alabama banking corporation (the “Employer” and also referred to herein as “CapitalSouth Bank”), and Mr. James C. Bowen (the “Executive”).
