0001193125-08-068858 Sample Contracts

APPALACHIAN COMMUNITY BANK SALARY CONTINUATION AGREEMENT [As Amended and Restated to Comply with Section 409A of the Internal Revenue Code]

Salary Continuation Agreement • March 28th, 2008 • Appalachian Bancshares Inc • State commercial banks • Georgia

• Contract Type
  Salary Continuation Agreement
• Filed
  March 28th, 2008
• Company
  Appalachian Bancshares Inc
• Industry
  State commercial banks
• Jurisdiction
  Georgia

THIS SALARY CONTINUATION AGREEMENT, as amended and restated (the “Agreement”), is adopted as of the first day of August, 2004, by and among APPALACHIAN COMMUNITY BANK, a state-chartered commercial bank located in Ellijay, Georgia (the “Bank”), APPALACHIAN BANCSHARES, INC., the parent company of the Bank (the “Holding Company”), and TRACY R. NEWTON (the “Executive”).