0001090009-13-000035 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • October 3rd, 2013 • Southern First Bancshares Inc • National commercial banks • South Carolina

THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”), dated as of the 30th day of September, 2013 (the “Effective Date”), is made by and between Southern First Bank (the “Bank“) and Southern First Bancshares, Inc. (the “Company” and together with the Bank the “Employer”), having its principal office at 100 Verdae Boulevard, Suite 100, Greenville, South Carolina 29607, and F. Justin Strickland (hereinafter called “Employee”), a resident of the State of South Carolina. This Agreement amends and restates that certain existing employment agreement between the parties dated December 17, 2008.

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Southern First Bank Salary Continuation Agreement
Salary Continuation Agreement • October 3rd, 2013 • Southern First Bancshares Inc • National commercial banks • South Carolina

This Salary Continuation Agreement (this “Agreement”) is made and entered into as of the 30th day of September, 2013, by and between Southern First Bank, a South Carolina-chartered bank (the “Bank”), and Michael D. Dowling, its Executive Vice President and Chief Financial Officer (the “Executive”).

SECOND AMENDMENT TO SOUTHERN FIRST BANK SALARY CONTINUATION AGREEMENT
Continuation Agreement • October 3rd, 2013 • Southern First Bancshares Inc • National commercial banks

THIS SECOND AMENDMENT TO SALARY CONTINUATION AGREEMENT (this “Amendment”) is executed by the undersigned to be effective September 30, 2013. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Salary Continuation Agreement (the “Agreement”) by and between Southern First Bank, N.A. (the “Bank”) and Fred Gilmer, III (the “Executive”) dated October 30, 2006, as previously amended on October 1, 2008.

SECOND AMENDMENT TO SOUTHERN FIRST BANK SALARY CONTINUATION AGREEMENT
Continuation Agreement • October 3rd, 2013 • Southern First Bancshares Inc • National commercial banks

THIS SECOND AMENDMENT TO SALARY CONTINUATION AGREEMENT (this "Amendment") is executed by the undersigned to be effective September 30, 2013. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Salary Continuation Agreement (the "Agreement") by and between Greenville First Bank, N.A. now known as Southern First Bank, N.A. (the "Bank") and R. Arthur Seaver, Jr. (the "Executive") dated October 30, 2006, as previously amended on October 1, 2008.

FIRST AMENDMENT TO SOUTHERN FIRST BANK SALARY CONTINUATION AGREEMENT
Continuation Agreement • October 3rd, 2013 • Southern First Bancshares Inc • National commercial banks

THIS FIRST AMENDMENT TO SALARY CONTINUATION AGREEMENT (this “Amendment”) is executed by the undersigned to be effective September 30, 2013. Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Salary Continuation Agreement (the “Agreement”) by and between Southern First Bank, N.A. (the “Bank”) and F. Justin Strickland (the “Executive”) dated October 1, 2008.

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