Document:

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                                                                    EXHIBIT 10.1

                              Consulting Agreement

This Consulting Agreement ("Agreement") is entered into this 11th day of July,
2001, by and between TransCommunity Bankshares, Inc., a Virginia corporation
("TransCommunity" or "TransCommunity Bankshares"), and DPO Holdings, Inc., a
Virginia corporation ("DPO").

In consideration of the mutual promises of the parties and other good and
valuable consideration, the parties do hereby agree as follows:

     1.   Engagement. TransCommunity hereby engages DPO as a consultant to
          ----------
          provide the following services:

     (1a.) Applications for New Banks. Generate draft OCC applications for the
formation of the Bank of Goochland and the Bank of Louisa, to include
development of all financial pro formas and required market research data.

     (1b.) Accounting Services. Perform initial in-house accounting and
bookkeeping services for TransComunity Bankshares, to include development of an
initial annual operating budget, payroll, etc.

     (1c.) TransCommunity Securities Offering. Coordinate all administrative
aspects of the TransCommunity securities offering, to include development and
maintenance of a database of all subscribing shareholders and amounts subscribed
and paid, mailing of documents, investor correspondence, creation of tombstone
ads, development of an investor presentation, maintenance of required records,
etc.

Develop a website containing the securities offering for TransCommunity
Bankshares permitting an interested investor to download and print all documents
necessary to make an investment.

     (1d.)    Project Management
Provide project management services to TransCommunity for the development and
implementation of integrated websites for TransCommunity and each of its
affiliated banks, to include liaison with vendors, development of content for
each site, plus planning for the addition of additional banks and non-banking
affiliates.

Provide project management services to TransCommunity for the development and
implementation of an internet banking capability for each of the three
TransCommunity subsidiary banks.

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     (1e.)   Strategic Planning
Assist management of TransCommunity in the development of a strategic business
plan and the development of new non-banking products and services for
TransCommunity and its affiliates.

     2.   Term of the Agreement
          ---------------------

This Agreement shall commence on July 11, 2001, and, unless extended in writing
shall terminate on March 31, 2002.

     3.   Payments
          --------

For the consulting services listed above, TransCommunity will pay to DPO the sum
of $75,000. Payment shall be made as follows: $15,000 upon execution of this
Agreement, and $5,000 per month thereafter for six (6) months. In addition,
TransCommunity agrees to reimburse DPO each month, upon presentation of written
documentation, for reasonable out-of-pocket expenses incurred in the fulfillment
of its obligations under this agreement

     4.   Relationship of the Parties
          ---------------------------

The parties intend that the relationship between them created under this
Agreement shall be that of an independent contractor only. Neither DPO nor any
of its officesr, employees or agents shall be considered an agent or employee of
TransCommunity for any purpose. The manner and means of performing the services
shall be subject to the sole control of DPO. DPO shall be responsible for all
state, federal and local taxes, including estimated taxes and required
employment reporting for itself and any of its officers, employees or agents.

     5.   Proprietary Rights
          ------------------

DPO agrees that all Work Product arising from work performed under this
Agreement or previously conceived in anticipation of this consulting engagement
shall be deemed "work made for hire." DPO shall also cause all of its officers,
employees or agents assisting in the creation of Work Product hereunder to agree
that Work Product is "work made for hire."

"Work Product" shall mean all documentation, manuals, creative works, know-how,
and information created on behalf of TransCommunity, in whole or in part, by
DPO, its officers, employees or agents, within the scope of this Agreement,
whether or not copyrightable or otherwise protectable.

     6.   Confidentiality
          ----------------

DPO shall maintain in confidence (1) the subject matter of this Agreement, (2)
the consulting services carried out hereunder, and (3) any business or technical
information

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of TransCommunity acquired by DPO as a result of activities pursuant to this
Agrement. DPO shall not, without TransCommunity's prior written authorization,
directly or indirectly use. publish, or disclose to any third party any
information, data, designs or results resulting from the consulting services
carried out pursuant to this Agreement. This obligation of confidentiality shall
continue throughout the duration of this Agreement and any extensions thereof,
and for twenty four (24) months thereafter.

     7.   Records
          -------

DPO agrees to keep full and accurate records documenting all consulting services
provided under this Agreement. All such documentation shall at all times be and
remain the sole property of TransCommunity. DPO shall turn over to
TransCommunity all copies of such documentation upon request of TransCommunity.

     8.   Governing Law
          -------------

This Agreement shall be governed by the laws of the Commonwealth of Virginia.

     9.   Entire Agreement
          ----------------

This Agreement contains the entire understanding of the Parties and supersedes
any prior understandings and agreements among them respecting the subject matter
of this Agreement.

     10.  Amendment
          ---------

This Agreement may be amended only by the written agreement of the parties
hereto. Any amendment or extension of this Consulting Agreement shall be
approved by the Board of Directors of TransCommunity Bankshares, Inc.

TransCommunity Bankshares, Inc.

   /s/ Bruce B. Nolte
-------------------------------
By:  Bruce B. Nolte, President

DPO Holdings, Inc.

   /s/ William C. Wiley
-------------------------------
By:  William C. Wiley

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                                                                 EXHIBIT 10.2(a)

     THIS EMPLOYMENT AGREEMENT made and entered into this 27th day of June, 2001
between TransCommunity Bankshares, Inc. ---- ("Employer"), a Virginia
corporation, and William C. Wiley ( Employee").

     WHEREAS, Employer is in the process of forming a Virginia multi-bank
holding company ("Holding Company"); and,

     WHEREAS, Employee has agreed to become Chairman of the Board of Directors
and Chief Executive Officer of the Holding Company; and,

     WHEREAS, the parties wish to establish the terms and conditions of
Employee's employment.

     NOW, THEREFORE, in consideration of the promises and the mutual covenants
and agreements set forth herein, the parties hereby agree as follows:

     1.   RELATIONSHIP AND DUTIES BETWEEN THE PARTIES.

          1.1  Holding Company.

               Employer agrees to employ Employee on the effective date of this
Agreement as Chairman of the Board of Directors and Chief Executive Officer of
the Holding Company, to hold the title of Chairman of the Board of Directors and
Chief Executive Officer, and to perform such services and duties as the Holding
Company's Board of Directors ("Holding Company Board") may, from time to time,
designate during the term hereof. Subject to the terms and conditions hereof,
Employee will perform such duties and exercise such authority as are customarily
performed and exercised by persons holding such office, subject to the direction
of the Holding Company Board.

               1.1.2 Employee shall serve on the Holding Company Board and as a
member of its Executive Committee and such other committees as the Holding
Company Board may designate, subject to the terms hereof.

          1.2  Employee Undertakings.

               1.2.1 Employee accepts such employment and shall devote his full
time, attention, and best efforts to the diligent performance of his duties
herein specified and as an officer and director of the Holding Company. While
employed by Employer, the Employee will not, without the prior express consent
of the Holding Company Board, accept employment with or serve on the Board of
any other individual, corporation, partnership, governmental authority or other
entity, or engage in any other venture for profit which Employer or the Holding
Company Board may consider to be in conflict with the best interests of the
Holding Company or to be in competition with the Holding Company, or which may
interfere in any way with the Employee's performance of his duties hereunder. It
is understood that Employee does have the

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right to participate in passive investments including income producing real
estate that does not conflict with the interest of the banks or bank holding
company.

               1.2.2 Employer shall not require the Employee, as a part of his
duties, to perform or to participate in any activity which constitutes a
violation of any state or federal law, rule, ordinance or regulation.

          1.3. Regulatory Approval.

               1.3.1 In the event that the Federal Reserve Board declines to
approve Employee as Chairman of the Board of Directors and Chief Executive
Officer of the Holding Company, but does not otherwise prohibit the Holding
Company from employing the Employee in an alternative senior officer position,
the Employer agrees to negotiate in good faith with Employee to determine
mutually acceptable terms of employment and compensation in such lesser
capacity.

     2.   DEFINITIONS.

          2.1 "Complete disability" shall mean the inability of Employee, due to
illness, accident, or any other physical or mental incapacity, completely to
fulfill his obligations hereunder for an aggregate of ninety (90) days within
any period of 180 consecutive days during the term hereof.

          2.2 "Cause" shall include, without limitation: dishonesty; theft;
conviction of a crime, which is either (a) a felony, or (b) a misdemeanor
involving moral turpitude or financial impropriety; unethical business conduct;
activity which is contrary to the Holding Company's interests; gross or repeated
negligence in carrying out Employee's duties; or material violation of
Employee's obligations hereunder.

          2.3 "Employer" shall be deemed synonymous with the terms "Holding
Company" or "Holding Company Board", whenever the context so requires.

     3.   TERMS OF EMPLOYMENT

          3.1 Term.

               3.1.1 The term of Employee's employment with the Company shall be
for three (3) years from the effective date of this agreement (the "Term");
provided, however, the Company may, at its option and in its sole discretion,
not later than 30 days prior to the end of the Term, renew the Term for an
additional, successive two (2) year period (the "Renewal Term") the same terms
and conditions as are applicable during the initial Term, subject to such
appropriate increases in salary and other benefits as the parties may agree upon
unless terminated earlier pursuant to the terms hereof.

               3.1.2 Employee's employment pursuant to this Agreement shall be
terminated by the first to occur of any of the following:

                    3.1.2.1 The death of Employee;

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                    3.1.2.2 The complete disability of Employee;

                    3.1.2.3 The discharge of Employee by Employer for cause.

Notwithstanding the foregoing, the Company may terminate immediately the
Employee's employment with the company with Cause(as defined herein) upon
written notice to the Employee. For purposes of this agreement, Cause will be
defined as:

               3.1.3 Employees repeated failure to perform satisfactorily
Employee's job duties under this agreement and as determined by the Board of
Directors.

               3.1.4 Employee's failure to comply with all material applicable
laws in performing Employee's job duties or in directing the conduct of Company
business.

               3.1.5 Employee's commission of any felony or intentionally
fraudulent or other act against the company, or its affiliates, employees,
agents or customers which demonstrates Employee's untrustworthiness or lack of
integrity.

               3.1.6 Employee's participation in any activity which is directly
competitive with or intentionally injurious to the Company.

               3.1.7 Discharge for "cause" will require a two-thirds majority
vote of the Holding Company Board, exclusive of the Employee.

               3.1.8 Termination of Employee's employment for cause shall
include termination as an employee, officer and director of the Holding Company.

          Except as expressly provided herein, all compensation, benefits and
the like otherwise payable to Employee with respect to periods after his
cessation of employment shall cease to be due and owing for periods after his
cessation of employment for any reason.

          3.2 Termination Without Cause. Employee shall serve at the pleasure of
the Holding Company Board. Employer may terminate this Agreement without cause
at any time upon an affirmative vote of two-thirds (2/3) of all members of the
Holding Company Board, whether or not in attendance at the meeting or voting
upon the issue. In the event of such termination without cause by Employer,
Employee shall be paid a severance payment equal to Employee's annual base
salary in effect at the time of termination or the remaining salary represented
in this contract, whichever is less. Such severance pay shall be paid in a lump
sum, less applicable tax withholdings, not later than thirty (30) days following
the effective date of termination. Employee shall not be entitled to any
performance bonus for the year of termination, except as may be awarded in the
sole discretion of the Holding Company Board.

     4. COMPENSATION

     For all services which Employee may render to Employer during the term
hereof, Employer shall pay to Employee, subject to such deductions as may be
required by law, according to the schedule set out below:

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          4.1 Base Salary. From the effective date hereof, Employee shall
receive for the term of this Agreement a salary based on an annual rate of
$140,000, payable in equal monthly installments, subject to such deductions as
may be required by law. The Employee will receive performance reviews at least
annually at the end of each fiscal year from the Holding Company Board, and the
Employee's base salary may be increased but not decreased at the sole discretion
of the Holding Company Board.

          4.2 Formation Bonus. Employer shall pay to Employee, on or before
January 31, 2002, a total formation bonus of up to $50,000, consisting of
payments as indicated below for each of the following items which has been
successfully completed on or before December 31, 2001; provided, that if
Employer determines to defer or abandon any of the efforts described in sections
4.2.1 through 4.2.3 below, Employee shall be deemed to have earned that portion
of the formation bonus provided all other terms are met:

               4.2.1 The reorganization whereby the Bank of Powhatan, N.A. will
become a wholly owned subsidiary of the Holding Company (the "Reorganization")
has received final approval from all necessary regulatory authorities, and from
the shareholders of the Bank of Powhatan, N.A., and the Reorganization is
consummated; the Holding Company has properly completed all regulatory
applications necessary to operate the Holding Company and has filed the same
with the appropriate regulatory authorities; and the Holding Company has filed
with the Securities Exchange Commission and any necessary state regulatory
authorities of an appropriate registration statement to permit the public
offering of the stock of the Holding Company -$25,000

               4.2.3 All regulatory applications necessary to operate two
additional subsidiary national banks, the Bank of Goochland, N.A., and the Bank
of Louisa, N.A., excluding the identification of banking officers, board members
and operating locations, have been prepared and approved by the Holding Company
Board, each of the appropriate subsidiary bank boards, the OCC and the FDIC; and
the Holding Company shall have received firm commitments or actual payment of
capital from investors in an amount equal to $10 Million Dollars- $25,000.

          4.3 Termination for Cause. If Employee is terminated for cause prior
to the end of a fiscal year, Employer shall not be obligated to pay any annual
performance bonus for the year of, and any year, after such termination,
notwithstanding whether the Employee has met the requirements to earn components
of an annual performance bonus.

          4.4 Fees. If Employee serves on the Holding Company Board or the board
of directors of a subsidiary of the Holding Company, or a committee thereof,
Employee shall not be entitled to directors fees or meeting fees unless
otherwise determined by the Holding Company Board.

     5. OTHER BENEFITS

     During the term of Employee's employment hereunder, Employer shall provide
the following to Employee:

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          5.1 A term life insurance policy providing for death benefits of
$500,000 having a beneficiary designated by the Employee.

          5.2 After consummation of the Reorganization, a health insurance
policy covering the Employee and, if the Employee desires, covering the
dependent children and spouse of the Employee with the same coverage as afforded
all bank holding company employees.

          5.3 A long term disability insurance policy, as generally defined in
the insurance industry, providing for benefits of at least 60% of Employee's
annual base salary with a waiting period of no longer than six (6) months. This
long term disability policy will be as consistent as reasonably possible with
the definition of "complete disability" provided above.

          5.4 A complete physical examination for the Employee on an annual
basis at the Holding Company's expense.

          5.5 Employee shall be entitled to such paid sick leave, paid vacation
and other paid or unpaid leave as may be provided by the Holding Company under
its applicable personnel policies. Approved attendance at meetings or
conventions of banking associations or organizations shall not be charged
against Employee's annual vacation entitlement.

          5.6 In the event that Employee is terminated by Employer for any
reason other than cause, Employee may continue the health and disability
insurance benefits in section 5.3 and 5.4 above for twelve months, or such
greater period as applicable law may require, provided Employee timely pays the
applicable premium cost therefor.

     6. STOCK OPTIONS

          6.1 No later than a reasonable time after the Reorganization is
effected, Employee shall be granted an option to purchase 30,000 shares of stock
of the Holding Company at an exercise price of not less than fair market value
at the date of grant, with vesting as provided below. The number of options to
be awarded shall be equitably adjusted in the event of a stock split, stock
dividend, recapitalzation or similar event or in the event the number of the
Holding Company's common stock initial outstanding after the Reorganization is
other than 1,500,000 shares.

          6.2 Vesting in (i.e., the right to exercise) the options shall be
based on the following: One-third of the option shares shall vest if at the end
of the first fiscal year of the Holding Company or December 31,2002, whichever
is sooner. A second one-third of the option shares shall vest if at the end of
the second fiscal year of the Holding Company or December 31, 2003, whichever is
sooner. The final one-third of the option shares shall vest if at the end of the
third fiscal year of the Holding Company or December 31, 2004, whichever is
sooner.

          6.3 Subject to section 6.4 below, once the vesting benchmark for a
fiscal year is met, the options thereby vested may be exercised in whole or in
part at any time during the first ten (10) years after the date of the
Reorganization.

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          6.4 If Employee is terminated for cause, all outstanding options
issued pursuant to section 6.1 shall be forfeited immediately. If Employee's
employment with Employer terminates for any reason other than cause, Employee
shall have ninety (90) days after such termination in which to exercise any and
all such stock options which are then exercisable. In no event shall Employer be
obligated to issue any further stock options to Employee after his cessation of
employment for any reason.

     7. FAILURE TO OBTAIN CHARTER OR FINANCING

          Upon the happening of either of the following events, either party may
terminate this Agreement by notice in writing to the other, in which event this
Agreement shall cease and be null, void, and of no further force and effect,
except as expressly provided in this section:

          7.1 The refusal or failure of the Federal Reserve Board to approve the
Reorganization within 180 days of an application for such having been submitted
to said agency by Employer; or

          7.2 The failure for any reason by Employee to raise capital in an
amount equal to $2 million Dollars within 180 days after Employee begins to
raise such capital for the Holding Company.

          If this Agreement is terminated by reason of section 7.2 the
foregoing, Employee agrees that he shall not be entitled to liquidated damages
as set forth in Section 3.2 in lieu of all other claims.

     8. EXPENSES

     Upon Employee's presentment to Employer of expense reports acceptable to
Employer and which are in sufficiently detailed form to comply with standards
for deduction of business expenses established from time to time by the Internal
Revenue Service, Employer will reimburse Employee for such expenses approved by
Employer and incurred by Employee in connection with performance of his duties
hereunder.

     9. POST TERMINATION COVENANTS

          9.1 At such time as Employee's employment by Employer terminates,
other than a termination of Employee by Employer without cause, whether during
the initial term of employment or thereafter, Employee agrees that for six (6)
months year following such termination he will not engage (either individually
or as an employee, director, consultant or representative of any other person or
entity) in any business activity in which the Holding Company or any of its
subsidiaries engages or has formulated plans to engage, within a twenty-five
(25) mile radius of any location of the Holding Company, or any location of its
subsidiary banks identified prior to such termination.

          9.2 Employee further agrees that for one (1) year following such
termination he will not engage (either individually or as an employee or
representative of any other person or entity) in any business activity in which
the Holding Company or any of its subsidiaries engages or has formulated plans
to engage as chief executive officer of any financial institution, or as an

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officer other than chief executive officer of a financial institution having
assets of $1,000,000,000 or less, within a twenty-five (25) mile radius of any
location of the Holding Company, or any location of a subsidiary bank existing
prior to such termination.

          9.3 Furthermore, for one (1) year following such termination, Employee
agrees that he will not, without the prior written consent of Employer: (i)
furnish anyone with the name of, or any list or lists which identify, any
customers or stockholders of the Employer or utilize such list or information
himself; (ii) furnish, use, or divulge to anyone any confidential information of
Employer acquired by him from Employer and relating to Employer's business
activities; (iii) contact directly or indirectly any customer of Employer for
the purpose of soliciting such person's business for another bank or similar
financial institution; (iv) hire for any other employer (including himself) any
employee of Employer or directly or indirectly cause such employee to leave his
or her employment to work for another; (v) pursue an actual or potential
business opportunity of interest to and which could be pursued by Employer which
came to the attention of Employee in connection with his employment with
Employer and which Employee had not previously offered in writing to Employer
with sufficient advance notice to allow Employer to examine and pursue or reject
such opportunity. Excepted from the requirements of subparagraphs (i) and (ii)
in this paragraph is any information which is or becomes publicly available
information through no fault or act of Employee.

          9.4 It is understood and agreed by the parties hereto that the
provisions of this section are independent of each other, and to the extent any
provision or portion thereof shall be determined by a court of competent
jurisdiction to be unenforceable, such determination shall not affect the
validity or enforceability of any other provision of this paragraph or the
remainder of this Agreement.

     10. WAIVER OF PROVISIONS

     Failure by any of the parties hereto to insist, in one or more instances,
on performance by the other in strict accordance with the terms and conditions
of this Agreement shall not be deemed a waiver or relinquishment of any right
granted hereunder or of the obligation of future performance of any such term or
condition or of any other term or condition of this Agreement, unless such
waiver is contained in writing signed by or on behalf of all the parties.

     11. GOVERNING LAW

     This Agreement shall be governed by and construed and enforced in
accordance with the laws of the Commonwealth of Virginia. If for any reason any
provision of this Agreement shall be held by a court of competent jurisdiction
to be void or unenforceable, the same shall not affect the remaining provisions
hereof.

     12. MODIFICATION AND AMENDMENT

     This Agreement contains the sole and entire agreement among the parties
hereto and supersedes all prior discussions and agreements among the parties,
and any such prior agreements shall, from and after the date hereof, be null and
void. This Agreement shall not be

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modified or amended except by an instrument in writing signed by or on behalf of
all parties hereto.

     13. COUNTERPARTS AND HEADINGS

     This Agreement may be executed simultaneously in any number of
counterparts, each of which shall be deemed an original but all of which shall
constitute one and the same instrument. The headings set out herein are for
convenience of reference and shall not be deemed a part of this Agreement.

     14. INJUNCTIVE RELIEF

     In the event of a breach or threatened breach by Employee of any of the
provisions hereof, and notwithstanding any other provision in this Agreement,
Employer, in addition to any other available rights or remedies, shall be
entitled to such temporary restraining orders and permanent injunctions, as are
allowable and authorized by the laws of the Commonwealth of Virginia based on
the facts of the case, to restrain such breach by Employee and/or any persons
directly or indirectly acting for or with him. Employee's obligations under
paragraph 9 hereof shall remain binding and enforceable according to its terms
notwithstanding expiration or termination of the other terms of this Agreement
or the expiration or termination of Employee's employment relationship with the
Bank.

     15. SUCCESSORS

     This Agreement shall inure to the benefit of and be binding upon the
Employer, its successors and assigns and upon the Employee, and his heirs and
personal representatives. Neither this Agreement nor performance hereunder and
may be assigned by Employee or Employer.

     IN WITNESS WHEREOF, the parties hereto have executed this Agreement under
seal as of the date first written above.

                                            EMPLOYEE:

                                                /s/ William C. Wiley    (SEAL)
                                            -----------------------------------

                                            EMPLOYER:

                                            TransCommunity Bankshares, Inc.

                                            By: /s/ Bruce B. Nolte      (SEAL)
                                               --------------------------------

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