Exhibit 10.2
Employment Agreement
Between
The Southern Bank Company
and Gates Little
2000 Amendment
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WHEREAS, The Southern Bank Company (the "Bank") has entered into an
Employment Agreement (the "Agreement") with Gates Little (the "Employee"); and
WHEREAS, the Board of Directors of the Bank (the "Board") and the Employee
have determined that it is appropriate to amend the Agreement to redefine the
Employee's position with the Bank.
NOW, THEREFORE, the Agreement shall be amended as follows, effective
immediately.
1. The first sentence in Section 1 shall be amended by replacing "V ice
President" with "President and Chief Operating Officer."
2. Nothing contained herein shall be held to alter, vary or otherwise
affect any of the terms, provisions or conditions of the Agreement
other than as stated above.
WHEREFORE, on this 2lst day of September 2000, the undersigned hereby
approve this 2000 Amendment to the Agreement.
THE SOUTHERN BANK COMPANY
By_______________________________
Its Secretary
______________________________
Gates Little