0001002105-05-000059 Sample Contracts

SOUTHERN COMMUNITY FINANCIAL CORP. INCENTIVE PLAN
Southern Community Financial Corp. • April 1st, 2005 • State commercial banks
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EMPLOYMENT AGREEMENT
Employment Agreement • April 1st, 2005 • Southern Community Financial Corp. • State commercial banks • Virginia

THIS AGREEMENT, entered into as of the ___ day of March, 2001, by and between SOUTHERN COMMUNITY BANK & TRUST, a Virginia chartered bank corporation (the “Corporation”) THOMAS W. WINFREE (the “Executive”) is made effective on April 1, 2001. At the discretion of the Executive, he can accelerate the effective date of this Agreement to a date before April 1, 2001, and

SOUTHERN COMMUNITY BANK & TRUST INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • April 1st, 2005 • Southern Community Financial Corp. • State commercial banks • Virginia

THIS AGREEMENT dated as of the ____ day of ______________, 200_, between SOUTHERN COMMUNITY BANK & TRUST, a Virginia corporation (the “Company”), and ____________________ (“Optionee”), is made pursuant and subject to the provisions of the Company’s 2000 Incentive Plan (the “Plan”). All terms used herein that are defined in the Plan have the same meaning given them in the Plan.

NON-QUALIFIED STOCK OPTION AGREEMENT
Non-Qualified Stock Option Agreement • April 1st, 2005 • Southern Community Financial Corp. • State commercial banks • Virginia

THIS AGREEMENT dated as of ______________ __, 200_, between Southern Community Bank & Trust, a Virginia corporation (the "Company"), and _____________________ (the "Optionee"), is made pursuant and subject to the provisions of the Company's 2000 Incentive Plan, as amended from time to time (the "Plan"). All terms used herein that are defined in the Plan shall have the same meanings given them in the Plan.

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