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THE SOUTH FINANCIAL GROUP
SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT
Between
THE SOUTH FINANCIAL GROUP, INC.
and
LYNN HARTON
 29 January
 INTRODUCTION
    AGREEMENT
  Article 1
Definitions
  Affiliated Company
 Benefit Basis




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Board
 Cause
 Change in Control
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Code
 Company
 Compensation
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Disability means
 Early Retirement Age
 Early Retirement Date
 Early Termination
 Early Termination Date
 Effective Date January 29
 Exchange Act
 Involuntary Termination
 Normal Retirement Age th
 Normal Retirement Date
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Person
 Rate st
 Termination of Employment
 Vesting Percentage Schedule A
 Vesting Start Date January 29
 Year of Service
 Article 2
Lifetime Benefits
 Normal Retirement Benefit.
 Amount of Benefit. annual
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Payment of Benefit.
      Early Retirement Benefit
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Amount of Benefit
 Payment of Benefit.
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Early Termination Benefit
 Amount of Benefit. Schedule A
 Payment of Benefit.
 Disability Benefit.
 Amount of Benefit. Schedule A
 Payment of Benefit.
 Article 3
Death Benefits
 Death During Active Service.
 Amount of Benefit.
 Payment of Benefit.
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Death During Benefit Period.
 Death After Termination of Employment But Before Benefit Payments Commence.
 Article 4
Beneficiaries
 Beneficiary Designations.
 Facility of Payment
 Article 5
General Limitations
 Termination for Cause.
 Suicide.
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Article 6
Claims and Review Procedures
 Claims Procedure.
 Review Procedure.
 Special Procedures Applicable to Disability Benefits.
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Article 7
Amendments and Termination
 Amendment.
 Termination.
    Article 8
Miscellaneous
 Binding Effect.
 No Guarantee of Employment.
 Non-Transferability.
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Successors.
 Tax Withholding.
 Applicable Law.
 Unfunded Arrangement.
 Entire Agreement.
 Administration and Recordkeeping Authority.
 (i)
    
    Resolve and determine all disputes or questions arising under
the Agreement, including the power to determine the rights of the Participant
and beneficiaries and their respective benefits, and to remedy any ambiguities,
inconsistencies, or omissions in the Agreement;(ii)
    
    Adopt such rules of procedure and regulations as in its opinion
may be necessary for the proper and efficient administration of the Agreement
and as are consistent with the Agreement;
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(iii)
    
    Implement the Agreement in accordance with its terms;(iv)
    
    Establish and revise the method of accounting for the
Agreement; and(v)
    
    Maintain a record of benefit payments.
 Named Fiduciary.
 Captions.
 Severability.
 Delay of Payment.
 Acceleration of Payment.
 IN WITNESS WHEREOF
 EXECUTIVE:
    
    COMPANY:THE SOUTH FINANCIAL GROUP, INC./s/ Lynn Harton
    
    By:
    
    /s/ Mary A. JeffreyLynn Harton
    
    
    
    Mary A. JeffreyTitle:
    
    Executive Vice President
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BENEFICIARY DESIGNATION
 THE SOUTH FINANCIAL GROUP
SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT
 LYNN HARTON
 I DESIGNATE THE FOLLOWING AS BENEFICIARY OF ANY DEATH BENEFITS UNDER THIS SUPPLEMENTAL EXECUTIVE
RETIREMENT AGREEMENT:
    NOTE:
    
    To name a trust as beneficiary, please provide the
name of the trustee(s) and the exact name and date of
the trust agreement.
  /s/ Lynn Harton
 January 29, 2007
 29 January
 /s/ Mary A. Jeffrey
 EXECUTIVE VICE PRESIDENT
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SCHEDULE A CALCULATIONS
 THE SOUTH FINANCIAL GROUP
SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT
 To determine the Executives Early Termination Benefit or Disability Retirement Benefit for the
year of the Termination of Employment, the following calculations shall be made:
 1.
    
    Project the Benefit Basis as of Normal Retirement Age by increasing the Benefit
Basis as of the Executives date of Termination of Employment by 5% per year,
compounded annually, until Normal Retirement Age (the Projected Retirement Benefit
Basis).2.
    
    Multiply the Projected Retirement Benefit Basis by the applicable percentage
set forth in 2.1.1 (the product, Annual Projected Retirement Benefit).3.
    
    Calculate the discounted value at Normal Retirement Age of the aggregate Annual
Projected Retirement Benefit that would have been paid to the Executive in equal
monthly installments over the 180-month period immediately following the Normal
Retirement Date, by using the Rate, compounded monthly (such discounted value, the
Lump Sum Projected Retirement Benefit).4.
    
    Calculate the aggregate amount that has accrued through the end of the year
ending immediately prior to the date of the Executives Termination of Employment by
accruing each month from the Effective Date through Normal Retirement Age, with
interest on such amounts calculated monthly at the Rate, in order to accumulate to the
Lump Sum Projected Retirement Benefit as of the Normal Retirement Date (the Accrual
Balance).
 In the case of Early Termination Benefit:
 5.
    
    Multiply the Accrual Balance by 10% per Year of Service, subject to a maximum
of 100% (the Vested Accrual Balance).6.
    
    Increase the Vested Accrual Balance by the Rate, compounded monthly, to the
Normal Retirement Age (the Inflated Vested Accrual Balance).7.
    
    Calculate a fixed annuity which is payable in 180 equal monthly installments,
crediting interest on the unpaid balance of the Inflated Vested Accrual Balance at the
Rate, compounded monthly.
 In the case of Disability Retirement Benefit:
 8.
    
    The Disability Annual Benefit amount is determined by calculating a fixed
annuity which is payable in 180 equal monthly installments, crediting interest on the
unpaid balance of the Accrual Balance at the Rate, compounded monthly.
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