EBANK FINANCIAL SERVICES, INC.
STOCK OPTION AGREEMENT
WITH JAMES L. BOX
THIS STOCK OPTION AGREEMENT, entered into as of this 9 day of August, 2004, by and between
ebank Financial Services, Inc., a Georgia corporation (the “Company”), and James L. Box (the “Optionee”).
WHEREAS, effective Aug. 9, 2004, the Board of Directors of the Company, acting upon the
recommendation of the Board’s Compensation Committee, has granted the Optionee a stock option to purchase
the number of shares of the Company’s common stock as set forth below, and in consideration of the granting of
that stock option the Optionee intends to remain in the employ of the Company; and
WHEREAS, the Company and the Optionee desire to enter into a written agreement setting forth the terms
and conditions applicable to such option.
NOW, THEREFORE, as an employment incentive and to encourage stock ownership, and also in
consideration of the mutual covenants contained herein, the parties hereto agree as follows:
Capitalized terms herein are used as defined in Section 13 hereof.
1. Administration of this Stock Option Agreement. This Stock Option Agreement, and the option granted
hereby, shall be administered by the Committee in accordance with all of the duties, powers and protections from
liability set forth with respect to the Committee under the terms of Article IV of the Company’s “ebank.com, Inc.
1998 Stock Incentive Plan” (the “Plan”). A copy of the Plan has been delivered to, and receipt is hereby
acknowledged by, the Optionee. Although it shall be administered by the Committee with the same powers and
protections as awards granted under the Plan, this Stock Option Agreement is separate from and, except to the
extent otherwise set forth herein, is not subject to the terms and conditions of the Plan.
2. Grant of Option. Subject to the terms, restrictions, limitations and conditions stated herein, the Company
hereby evidences its grant to the Optionee, not in lieu of s