Exhibit 10.11
AMENDED AND RESTATED EMPLOYMENT CONTRACT
       Employment
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Performance
  Term
 Compensation
 Bonuses
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Other Benefits
  Vacation
 Expenses
 Confidential Information and Related Matters
  1.
    
    The internal computer software and Bank-designed programs
utilized for marketing development, sales, customer and event profiles;
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2.
    
    Marketing and advertising plans and techniques, purchasing
information, price lists, price policies, vendors lists, profit margin
information, quoting procedures, daily, weekly, monthly and yearly financial
reports, customer profiles, customer contacts, security procedures and existing
and potential customer data;3.
    
    Personnel information such as employees names and addresses,
salary and wage information, performance criteria and job descriptions,
performance evaluations, personnel forms and procedures, training programs and
procedures;4.
    
    All contracts, proposals, and accounts with vendors,
suppliers, and customers;5.
    
    Private telephone numbers, facsimile numbers and e-mails;6.
    
    Customer/account lists/databases for business contacts.
   Covenant Not to Solicit Banks Customers or Employees
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Covenant Not to Compete
  Termination
 a.
    
    The disability of the Executive (for the purposes of this Agreement,
disability shall mean as defined by Treasury Regulation § 1.409A-3(i)(4));b.
    
    Executives failure or refusal to comply with the policies, standards
and regulations of the Bank from time to time established by the Board of
Directors;c.
    
    Executives fraud, dishonesty or other misconduct in the performance of
his duties on behalf of the Bank;d.
    
    Executives conviction of a felony or any other crime involving fraud
or dishonesty, or any act of misconduct which relates directly or indirectly to the
duties of the Executive;e.
    
    Entry of a final judgment against Executive for embezzlement, fraud,
breach of trust, or theft; violation of laws respecting controlled substances; or
other misconduct which adversely affects the Banks interests or reputation or the
Executives ability to perform his duties under this Agreement.f.
    
    Any acts or conduct which amount to fraud, dishonesty, willful
misconduct, or unethical behavior which adversely affects the Banks interests or
reputation or the Executives ability to perform his duties under this Agreement;g.
    
    Executive becomes bankrupt or insolvent;h.
    
    Absenteeism not related to injury, illness, sickness or permitted
vacation.
 Automatic Termination
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Arbitration
  Payment by the Bank
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Governing Law
 Prior Agreements
 Waiver
 Severability
 Attorneys Fees and Costs
 Notice
 
 
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Beach First National Bancshares, Inc.Witnesses:
    
    By: /s/ Raymond E. Cleary, IIIName: Raymond E. Cleary, III/s/ X
    
    Title: Chairman/s/ XBeach First National BankBy: /s/ Raymond E.Cleary, IIIName: Raymond E. Cleary, III/s/ X
    
    Title: Chairman/s/ XExecutive:/s/ Walter E. Standish, III/s/ X/s/ X
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