Southwest Georgia Financial Corporation – Southwest Georgia Financial Corporation Directors and Executive Officers Stock Purchase Plan (October 11th, 2012)
The purpose of this Plan is to enable directors and executive officers of Southwest Georgia Financial Corporation (the "Company") to acquire the Company's Common Stock at an advantageous price with their own funds and funds from the Company. The Board of Directors of the Company believes the Plan promotes participation in the ownership of the Company which will be of mutual benefit to eligible participants and the Company. The Plan is effective upon its adoption by the Board of Directors (the "Effective Date") and will be submitted to shareholders of the Company for approval at the next regularly scheduled annual meeting of shareholders. The Plan shall remain in effect until the earlier of ten (10) years from the Effective Date or until all of the Common Stock authorized pursuant to the Plan has been issued.