This EMPLOYMENT AGREEMENT (this "Agreement") is made by and between ebank, formerly Commerce
Bank, (the "Employer"), and James L. Box, an individual resident of Georgia (the "Employee"), as of this 18th
day of June, 2001 ("Effective Date").
The Employer presently employs the Employee as its Chief Executive Officer and President and as the Chief
Executive Officer and President of ebank.com, Inc. (the "Holding Company"), the holding company for the
Employer. The Employer recognizes that the Employee's contribution to the growth and success of the Employer
is substantial. The Employer desires to provide for the continued employment of the Employee and to make
certain changes in the Employee's employment arrangements which the Employer has determined will reinforce
and encourage the continued dedication of the Employee to the Employer and will promote the best interests of
the Employer and its shareholders. The Employee is willing to continue to serve the Employer on the terms and
conditions herein provided.
Upon execution by both parties hereto, this Agreement shall supercede and replace any previous employment
agreement, including the Employment Agreement dated as of May 23, 2000 (the "2000 Employment
Agreement"), between the Employer and the Employee, pursuant to which Employer employed the Employee as
its Chief Financial Officer and Chief Operating Officer, and any previous employment agreement, including the
2000 Employment Agreement, between the parties shall be of no further force and effect.
In consideration of the foregoing, the mutual covenants contained herein, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be
legally bound, hereby agree that on the Effective Date:
1. Employment. The Employer shall continue to employ the Employee, and the Employee shall continue to serve
the Employer, as the Chief Executive Officer and President of the Employer an