0001104659-09-021359 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2009 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered • Georgia

THIS AGREEMENT is made as of the day of , 2008, by and between ATLANTIC SOUTHERN BANK, a bank organized under the laws of the State of Georgia (the “Bank”) and MARK A. STEVENS, a resident of the State of Georgia (the “Executive”).

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FIRST AMENDMENT TO THE ATLANTIC SOUTHERN BANK EXECUTIVE BONUS AGREEMENT
Executive Bonus Agreement • March 30th, 2009 • Atlantic Southern Financial Group, Inc. • Savings institution, federally chartered

THIS FIRST AMENDMENT is made as of the day of December, 2008, by and between Atlantic Southern Bank, a commercial state-chartered bank located in Macon, Georgia (the “Company”) (formerly known as “New Southern Bank”) and Brandon L. Mercer (the “Executive”).

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