EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN
This Agreement, made and entered into this day of , 200 , by and between Crescent Bank and Trust Company,
a Bank organized and existing under the laws of the State of Georgia, hereinafter referred to as “the Bank”, and , a
Key Employee and the Executive of the Bank, hereinafter referred to as “the Executive”.
The Executive has been in the employ of the Bank for several years and has now and for years past faithfully served the
Bank. It is the consensus of the Board of Directors of the Bank (the Board) that the Executive’s services have been of
exceptional merit, in excess of the compensation paid and an invaluable contribution to the profits and position of the Bank in
its field of activity. The Board further believes that the Executive’s experience, knowledge of corporate affairs, reputation and
industry contacts are of such value and his continued services are so essential to the Bank’s future growth and profits that it
would suffer severe financial loss should the Executive terminate his services.
Accordingly, it is the desire of the Bank and the Executive to enter into this Agreement under which the Bank will agree to
make certain payments to the Executive upon the Executive’s retirement and, alternatively, to the Executive’s beneficiary(ies) in
the event of the Executive’s premature death while employed by the Bank.
It is the intent of the parties hereto that this Agreement be considered an arrangement maintained primarily to provide
supplemental retirement benefits for the Executive, as a member of a select group of management or highly-compensated
employees of the Bank for purposes of the Employee Retirement Income Security Act of 1974 (ERISA). The Executive is fully
advised of the Bank’s financial status and has had substantial input in the design and operation of this benefit plan.
Therefore, in consideration of the Executive’s services performed