# Exhibit 10.7

Ground Lease for Temporary
Headquarters location dated January 6, 2006.

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Exhibit 10.7

|                                | 
|------------------------------- | 
|STATE OF SOUTH CAROLINA  )      | 
|                                | 
|COUNTY OF GREENVILLE          ) | 

THIS
GROUND LEASE (Lease) is made this 6th day of January, 2006, by and
between Verdae Development, Inc. and Woodvan, LLC (collectively
Lessor) and BankGreenville, a South Carolina banking corporation
(Lessee),

WITNESSETH:

In
consideration of the Rent reserved and the mutual covenants and agreements herein
contained, Lessor and Lessee, and their respective successors and assigns, do hereby
covenant and agree as follows:

1.       
          Premises. Lessor hereby agrees to lease unto Lessee that piece, parcel or
          lot of land (the Demised Premises), located in the City of
          Greenville, Greenville County, South Carolina, more particularly described on
          Exhibit A, attached hereto and incorporated herein by reference.

2.       
          Term. The initial term (Initial Term) of this Lease shall
          commence on January 6, 2006 (the Commencement Date) and terminate on
          the last day of July, 2006, unless sooner terminated as provided in this Lease.
          Lessee may extend this Lease for up to six (6) consecutive one (1) month terms
          (each a Renewal Term) by giving Lessor written notice of extension
          at least ten (10) days prior to the end of the Initial Term or any Renewal Term.

3.       
          Rent. Lessee agrees to pay Lessor rent for the Demised Premises during
          the Initial Term and any Renewal Terms in the amount of One Thousand, Two
          Hundred Fifty and 00/100 ($1,250.00) per month (the Rent). The Rent
          shall be paid in advance, without demand, on or before the first day each month,
          commencing on the first day of the Initial Term; provided, however, that if the
          Commencement Date as established in Paragraph 2 above is a day other than the
          first day of the month, the Rent for the first month of the Lease Term shall be
          prorated from said Commencement Date to the end of said month. Rent and all
          other sums payable by Lessee to Lessor hereunder shall be payable c/o Coldwell
          Banker Commercial Caine Company, 200 East Broad Street, Suite 200, Greenville,
          SC 29601, or at such other place as Lessor may specify, in writing, from time to
          time.

4.       
          Construction and Use by Lessee. Lessee may construct on the Demised
          Premises a temporary banking office and any appurtenances thereto, including,
          but not limited to a drive through window, an ATM site, parking areas,
          driveways, sidewalks, and landscaping (said improvements are hereinafter
          collectively referred to as the Building) only to conduct a retail
          banking business and all associated operations. Lessee shall pay all costs and
          expenses in connection with the construction of the Building including, but not
          limited to the costs of labor, materials, contractors, licenses, permits, tap
          fees, and utility installation fees. The design and construction of the Building
          shall comply with all applicable building codes and zoning and land use laws,
          rules, and regulations, and Lessees use and occupancy of the Demised
          Premises shall at all times be in compliance with all applicable laws as well as
          any applicable covenants and restrictions.

5.       
          Maintenance and Repair of Building and Demised Premises. Lessee covenants
          and agrees that it shall, at its expense, keep and maintain the Building and
          Demised Premises in good order and repair, including regular landscaping
          maintenance.

6.       
          Payment of Taxes and Assessments. All taxes, levies and assessments upon
          the Demised Premises during the term of this Lease shall be paid by the Lessee.
          Taxes for the first and last months of the term shall be prorated. If the
          Demised Premises are part of a larger tax parcel, Lessees share shall be
          only that portion of the total taxes that apply to the Demised Premises.

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7.       
          Insurance.

| | A.       
               Lessee shall, at all times during this Lease, have and maintain at its expense
               adequate fire and extended casualty coverage insurance on the Building for not
               less than its full insurable value. Lessee shall deliver to Lessor a certificate
               or other evidence that the above required insurance is being maintained by
               Lessee. Lessee shall solely responsible for any insurance to cover its personal
               property contained within the Building.
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| | B.       
               Lessee shall, at all times during this Lease, have and maintain at its expense a
               policy of comprehensive public liability insurance, including property damage,
               with respect to the Building and Demised Premises. This policy shall provide
               coverage in at least the following limits: bodily injury $1,000,000 each
               occurrence and property damage $100,000 each occurrence. In addition to the
               Lessee, the policy shall also name the Lessor as an additional insured at the
               cost of the Lessee. Lessee shall deliver to the Lessor a certificate or other
               evidence that this public liability insurance coverage is being maintained by
               the Lessee.
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8.       
          Payment of Operating Expenses. During the term of this Lease, Lessee
          shall pay for all water, sewer, gas, electricity, and any other utilities used
          on the Demised Premises, and for all janitorial and landscaping services
          rendered to the Demised Premises.

9.       
          Assignment and Transfer. Lessee may not assign this Lease or sublet all
          or any portion of the Demised Premises without Lessors prior written
          consent. In the event of any permitted assignment or sublease under this
          Paragraph, Lessee shall remain liable to Lessor for Lessees obligations
          hereunder unless specifically released in writing by Lessor.

10.       
          Default. Any one or more of the following events shall constitute and be
          referred to as a Default:

| | A.       
               Lessee fails to pay any monthly installment of Rent, or any other payments or
               charges required to be paid by Lessee under the terms of this Lease, including,
               but not limited to taxes, insurance premiums, and utility bills, within five (5)
               days after Lessor gives Lessee written notice of said default; or
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| | B.       
               Lessee breaches any other term, condition or covenant of this Lease required to
               be observed or performed by Lessee, and said breach is not cured within thirty
               (30) days after Lessor gives Lessee written notice of said breach; provided,
               that in the event said breach cannot be cured within said thirty (30) day
               period, but Lessee commences to cure said breach within said thirty (30) day
               period and diligently and in good faith cures said breach within a reasonable
               time, Lessee shall be deemed to have timely cured said breach.
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11.       
          Remedies. In the event of Default by Lessee, Lessor, in addition to any
          other rights and remedies available at law or in equity, may:

| | A.       
               Make any payment or comply with any term, condition, or covenant required to be
               made or performed by Lessee, and such amounts so expended by Lessor shall bear
               interest at the rate of two (2%) percent per annum above the prime rate of
               Wachovia Bank from and including the date of expenditure, and such amounts,
               together with accrued interest, shall be due and payable by Lessee to Lessor no
               later than the installment of Rent due immediately after the date of such
               expenditure by Lessor;
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| | B.       
               Enter the the Demised Premises for the purpose of correcting or remedying any
               Default by Lessee;
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| | C.       
               Terminate this Lease and declare all Rent and other amounts due under the full
               remaining term of this Lease immediately due and payable; or
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| | D.       
               Take possession of the Demised Premises, with or without terminating this Lease,
               and relet the Demised Premises on reasonable terms negotiated in the sole
               discretion of Lessor. In the event of reletting, if the Rent collected by Lessor
               is insufficient to pay the Rent and all additional amounts payable by Lessee
               under this Lease, together with the reasonable costs of repairs, alterations, or
               redecoration necessary for reletting, Lessee shall remain liable for said
               deficiency.
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| | E.       
               The failure of Lessor to exercise any remedy it may have upon Default of Lessee
               shall not be deemed a waiver of any subsequent Default by Lessee.
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12.       
          Liens. Lessee shall not allow any mechanics, judgment, tax, or other lien
          arising out of an obligation of Lessee to be filed against the Demised Premises.
          In the event of the imposition of any such lien for which Lessee is responsible,
          Lessee covenants and agrees to cause the Demised Premises to be released from
          said lien within thirty (30) days after the date of filing thereof, whether by
          payment of said lien or by the bonding or lawful contesting thereof; provided,
          however, that nothing herein shall prevent Lessee from contesting or protesting
          any such lien. Nothing contained herein, however, shall be deemed or construed
          as an agreement by Lessor to be responsible for the costs of the construction,
          repair or maintenance of any improvements to be made to the Demised Premises by
          the Lessee hereunder or to subject the interest of the Lessor in the Demised
          Premises to any mechanics or materialmens lien or liens resulting
          from such costs; and the Lessee shall not have the power to subject the interest
          of the Lessor in the Demised Premises to any such lien.

13.       
          Subordination. This Lease shall be subordinate to the lien of any
          mortgage or mortgages granted by Lessor; provided, that any mortgagee of Lessor
          shall agree that in the event of a foreclosure of such mortgage, the mortgagee
          and its successors and assigns shall attorn to this Lease and recognize the
          rights of Lessee hereunder.

14.       
          Damage or Destruction.

| | A.       
               In the event that the Building is damaged or destroyed by fire or other
               casualty, Lessee shall either (i) restore, rebuild, or repair the Building
               within a reasonable time, or (ii) terminate this Lease by giving Lessor written
               notice of termination within fifteen (15) days after the date of said damage or
               destruction. In the event of termination under this Lease as provided in this
               paragraph, (x) Lessee shall, within thirty (30) days after giving said notice of
               termination, remove the Building and other improvements from the Demised
               Premises as required in Paragraph 17 below, and (y) Rent and all other sums
               payable under this Lease shall be paid through the date of damage to the
               Building.
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| | B.       
               In the event that Lessee repairs or rebuilds the Building after damage or
               destruction, until the repair or rebuilding of the Building is completed, the
               Rent shall be reduced or abated in an amount proportionate to the percentage of
               the Building unable to be used by Lessee, which amount shall be reasonably
               agreed upon by the parties, and this Lease shall otherwise continue in full
               force and effect.
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15.
Eminent Domain.

| | A.       
               If the whole of the Demised Premises, or so much thereof that Lessee is
               prevented from using the Demised Premises for its intended purposes, is taken or
               condemned by any competent authority for any public use or purpose, this Lease
               shall terminate as of the date of said taking, and all Rent and other sums
               payable by Lessee to Lessor shall be paid to the date of said taking.
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| | B.       
               In the event a portion of the Demised Premises shall be taken or condemned by
               any competent authority for any public use or purpose, which taking or
               condemnation shall not substantially interfere with Lessees intended use
               of the Demised Premises, then and in such event the Rent shall be reduced in an
               amount proportionate to the percentage of the Demised Premises taken or
               condemned, which amount shall be reasonably agreed to by the parties, and this
               Lease shall otherwise continue in full force and effect.
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16.       
          Covenant of Quiet Enjoyment. Lessor covenants and agrees that so long as
          Lessee keeps and performs all of the covenants and conditions by the Lessee to
          be kept and performed under the terms of this Lease, Lessee shall have quiet and
          undisturbed and continued possession of the Demised Premises, free from any
          claims of Lessor and all persons claiming under, by, or through Lessor.

17.       
          Termination of Lease.

| | A.       
               Within forty-five (45) days after the termination of this Lease, Lessee
               covenants and agrees to remove the Building, signs, and any other above-ground
               improvements, except Landscaping, Paving and Utilities (as defined in
               Subparagraph B below) and to restore the Demised Premises as nearly as practical
               to the condition in which it existed prior to the commencement of the Lease;
               provided that Lessee shall not be required to plant or replace trees, plants, or
               other vegetation removed by Lessee in connection with its use of the Demised
               Premises. Such removal and restoration shall be accomplished in accordance with
               all applicable governmental laws, ordinances and regulations and also in
               accordance with the requirements of any utility service provider; and the
               Demised Premises shall be delivered to Lessor in a clean, sightly and safe
               condition.
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| | B.       
               Lessor and Lessee acknowledge that landscaping, paving, sidewalks, pipes, wires,
               and other utilities serving the Demised Premises installed by Lessee (the
               Landscaping, Paving and Utilities) may be of some use and value to
               Lessor in the future. Accordingly, Lessor may, within five (5) years after
               termination of this Lease, make one (1) written demand to Lessee to remove all
               or part of the Landscaping, Paving and Utilities. In such event, Lessee shall,
               within forty-five (45) days after Lessor gives Lessee written notice of removal,
               remove the Landscaping, Paving and Utilities designated by Lessor in said
               notice. Lessees removal of the Landscaping, Paving and Utilities shall be
               performed in compliance with Subparagraph A above. Notwithstanding anything
               herein to the contrary, Lessees obligation to remove the Landscaping,
               Paving and Utilities shall terminate five (5) years after the date of
               termination of this Lease. Title to any such improvements made by Lessee with
               respect to which Lessor fails to demand removal as herein provided shall vest in
               and automatically become the property of Lessor.
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18.       
          Indemnity. Lessee agrees to protect, defend, indemnify and save harmless
          Lessor and its successors and assigns, from and against any and all claims, by
          any person or entity, for damage or injury to persons or property arising from
          the use, occupancy, operation or management of the Demised Premises by Lessee or
          its successors, sublessees or assigns, arising from any act or negligence of
          Lessee or its successors, sublessees or assigns, or any of their agents,
          servants, employees, invitees, or licensees, or arising from the failure of
          Lessee or its successors, sublessees or assigns to comply with the terms and
          provisions of this Lease, and from and against all costs, reasonable
          attorneys fees, expenses and liabilities incurred in or about any such
          claim or action or proceeding brought thereon. In the event of any action or
          proceeding brought against Lessor by reason of any claims against which Lessee
          has agreed to hold Lessor harmless, Lessee, upon written notice from Lessor,
          covenants and agrees to resist or defend, at Lessees expense, any action
          or proceeding by counsel reasonably satisfactory to Lessor.

19.       
          Notices. All notices which are required hereunder to be in writing shall
          be effective with respect to the party who is to receive them as of the date on
          which such notice is (i) telecopied to the office of the party or their counsel;
          (ii) mailed in care of such party or their counsel in any United States Post
          Office by certified or registered mail, postage prepaid, return receipt
          requested; or (iii) hand delivered by messenger, overnight service or otherwise
          to the office of the party or their counsel. The addresses for such notices are
          as follows:

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|AS TO LESSEE:   | 
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|WITH COPY TO:   | 
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|AS TO LESSOR:   | 
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|WITH A COPY TO: | 
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20.       
          Holdover Tenancy. If the Lessee continues to occupy the Demised Premises
          after the end of the Lease term, said occupancy shall be deemed to be a month to
          month tenancy terminable by either party upon thirty (30) days written notice by
          either party. All terms, conditions and agreements of this Lease shall remain in
          effect during such occupancy, with the exception of the rights of renewal under
          Paragraph 2 above.

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21.       
          No Warranty. THE DEMISED PREMISES ARE BEING LEASED BY LESSOR
          AS-IS. LESSEE ACKNOWLEDGES THAT LESSOR GIVES NO GUARANTY OR WARRANTY
          OF ANY KIND, EXPRESSED OR IMPLIED, AS TO THE PHYSICAL CONDITION OF THE DEMISED
          PREMISES, OR TO THE CONDITIONS OF, OR EXISTENCE OF, IMPROVEMENTS, SERVICES,
          APPLIANCES OR SYSTEMS THERETO, OR AS TO MERCHANTIBILITY OR FITNESS FOR A
          PARTICULAR PURPOSE OF THE DEMISED PREMISES OR IMPROVEMENTS THEREON, AND ANY
          IMPLIED WARRANTY IS HEREBY DISCLAIMED BY LESSOR.

22.       
          Use of Name. Without the written permission of the owner of such name or
          names which may be withheld for any reason and in the discretion of such owner,
          Lessee agrees that it will not use the name Verdae or
          Hollingsworth in connection with its use, development, sale or
          marketing of the Property, or any portion thereof. In addition, Lessee agrees
          that it will not use Verdae, Hollingsworth or John
          D. Hollingsworth on Wheels (or any name or mark confusingly similar
          thereto) in its trade name, business name, partnership name or in the name of
          any other entity. Lessee further acknowledges that the names
          VERDAE®", HOLLINGSWORTH® and JOHN D.
          HOLLINGSWORTH ON WHEELS® (collectively, the Marks) are
          federally registered trademarks, and agrees not to use any other name, trademark
          or service mark identical to, or likely to be confused with, the Marks; nor
          shall Lessee take or permit any action that would dilute the value or strength
          of the Marks.

23.       
          Miscellaneous.

| | A.       
               Lessor shall impose no restrictions on Lessee with respect to signage to be used
               on the Demised Premises by Lessee so long as such signage complies with all
               government ordinances and regulations.
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| | B.       
               Either party shall at the request of the other from time to time certify by
               written instrument as to the then current status of the Lease, as to the
               existence of any Default under the Lease, as to any rights of setoff, as to the
               commencement and expiration dates of the Lease, and as to any other matters as
               may be reasonably requested.
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| | C.       
               The parties shall at any time at the request of the other execute a memorandum
               or short form Lease in a form recordable on the public records of Greenville
               County, South Carolina, at the expense of the Lessee, which will constitute
               notice to third parties of the term of this Lease and any other portions of this
               Agreement.
| | ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | D.       
               In the event of commencement of legal proceedings by either party to enforce the
               terms and provisions of this Lease, the losing party in any such action or
               proceeding shall pay the prevailing partys reasonable attorneys fees and
               court costs in connection with said action or proceeding.
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| | E.       
               This instrument contains the entire Agreement between the parties as of this
               date and no modification, release, discharge, or waiver of any provisions hereof
               shall be of any force and effect unless in writing signed by the Lessor and the
               Lessee.
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| | F.       
               The captions for each article or paragraph contained herein are included only
               for convenience of reference and shall not be deemed to limit or define the
               purpose or effect of any provisions of this Lease.
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| | G.       
               This Lease shall be binding upon and shall inure to the benefit of the parties
               hereto, and their heirs, successors and assigns.
| | -----------------------------------------------------------------------------------------------------------------------------------------------------------------------

| | H.       
               This Lease shallbe construed and enforced in accord with the laws of the
               State of South Carolina.
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| | I.       
               This Lease may be executed in two (2) or more counterparts, each of which shall
               be deemed an original, but all of which together shall constitute one and the
               same instrument.
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IN
WITNESS WHEREOF, the parties hereto have executed or have caused this Contract be executed
under seal by persons duly empowered to bind the parties to perform their respective
obligations under this document.

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|IN THE PRESENCE OF: | 
|___________________ | 
|Witness             | 
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|Witness             | 
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|Witness             | 
|___________________ | 
|Witness             | 
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|___________________ | 
|Witness             | 
|___________________ | 
|Witness             | 
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# EXHIBIT A

LEGAL DESCRIPTION OF PROPERTY