SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • March 30th, 2021 • Grandsouth Bancorporation • Savings institutions, not federally chartered • New York
This Securities Purchase Agreement (this “Agreement”) is dated as of February 3, 2016, by and among GrandSouth Bancorporation, a South Carolina corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
GRANDSOUTH BANCORPORATION STOCK OPTION AGREEMENT PURSUANT TO THE GRANDSOUTH BANK 2009 STOCK OPTION PLAN (THE “PLAN”) APPENDIX AStock Option Agreement • March 30th, 2021 • Grandsouth Bancorporation • Savings institutions, not federally chartered
SEVERANCE AND EMPLOYMENT AGREEMENTSeverance and Employment Agreement • March 30th, 2021 • Grandsouth Bancorporation • Savings institutions, not federally chartered • South Carolina
THIS SEVERANCE AND EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this 21st day of March, 2012, by and between J.B. Garrett, an individual (the “Executive”), and GrandSouth Bancorporation, a South Carolina corporation (the “Company”), the parent company of GrandSouth Bank, also a South Carolina corporation (the “Bank”).
NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENTSeverance and Employment Agreement • March 30th, 2021 • Grandsouth Bancorporation • Savings institutions, not federally chartered • South Carolina
THIS NONCOMPETITION, SEVERANCE AND EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this 19th day of June, 2019, by and between J.B. Schwiers, an individual (the “Employee”), and GrandSouth Bank, a South Carolina corporation (the “Bank”), a wholly-owned subsidiary of GrandSouth Bancorporation, also a South Carolina corporation (the “Company”).
