Up to 5,405,000 Shares (Subject to increase up to 6,215,750 shares in the event of an increase in the pro forma market value of the Company’s Common Stock) TC BANCSHARES, INC. (a Georgia corporation) Common Stock (par value $0.01 per share) AGENCY...Agency Agreement • May 20th, 2021 • TC Bancshares, Inc. • Savings institution, federally chartered • New York
SUPPLEMENTAL EXECUTIVE RETIREMENT PLANSupplemental Executive Retirement Plan • March 24th, 2022 • TC Bancshares, Inc. • Savings institution, federally chartered • Georgia
This SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (this “Agreement”) is made and entered into this 28th day of May, 2019 (the “Effective Date”), by and among TC FEDERAL BANK, a Georgia bank (the “Bank”), and LINDA PALMER (the “Executive”). Capitalized terms used herein are defined in Section 10 of this Agreement.
EMPLOYMENT AGREEMENTEmployment Agreement • April 17th, 2024 • TC Bancshares, Inc. • Savings institution, federally chartered • Georgia
THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of April 17, 2024 (the “Effective Date”), by and between TC FEDERAL BANK, a federal savings association, (the “Bank”) and MICHAEL PENNEY (“Executive”). The Bank and Executive are sometimes hereinafter referred to, collectively, as the “Parties” and, individually, as a “Party.”
EMPLOYMENT AGREEMENTEmployment Agreement • April 23rd, 2021 • TC Bancshares, Inc. • Savings institution, federally chartered • Georgia
THIS EMPLOYMENT AGREEMENT is made as of the 6th day of June 2019 with an effective date of August 1, 2019, 2019 (the “Effective Date”), by and between TC Federal Bank, a federal savings and loan association (the “Employer”), and Noel A. Ellis (the “Executive”).
TC FEDERAL BANK FORM OF SPLIT DOLLAR AGREEMENTSplit Dollar Agreement • April 23rd, 2021 • TC Bancshares, Inc. • Savings institution, federally chartered • Georgia
THIS SPLIT DOLLAR AGREEMENT (this “Agreement”) is made by and between TC Federal Bank, Thomasville, Georgia, a Georgia bank (the “Bank”), and (the “Executive”).
TC BANCSHARES, INC. STOCK OPTION AGREEMENTStock Option Agreement • December 27th, 2022 • TC Bancshares, Inc. • Savings institution, federally chartered
THIS STOCK OPTION AGREEMENT (this “Agreement”) is entered into as of this ___ day of ________, 20__, between TC Bancshares, Inc., a Georgia corporation (the “Company”), and _________ (the “Optionee”).
FELDMAN FINANCIAL ADVISORS, INC.TC Bancshares, Inc. • March 12th, 2021
This letter sets forth the agreement (“Agreement”) between TC Federal Bank (the “Bank”) and Feldman Financial Advisors, Inc. (“FFA”), whereby the Bank has engaged FFA to provide an independent appraisal of the estimated aggregate pro forma market value (the “Valuation”) of the Bank in connection with the conversion of the Bank from the mutual to stock form of organization and the simultaneous issuance of common stock by the Bank or a newly formed holding company (the “Conversion”).
CONSULTING AGREEMENTConsulting Agreement • April 23rd, 2021 • TC Bancshares, Inc. • Savings institution, federally chartered • Georgia
THIS CONSULTING AGREEMENT (this “Agreement”) is made and entered into as of December 21, 2020 (the “Effective Date”), by and between TC FEDERAL BANK, a Georgia bank (the “Bank”), and Matt Brown, a resident of the State of Florida (“Brown”).
