Document:

EXHIBIT 10.4

                           LEE COUNTY BANCSHARES, INC.
                            2003 STOCK INCENTIVE PLAN

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                                TABLE OF CONTENTS

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SECTION 1 DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . .   1

  1.1   DEFINITIONS . . . . . . . . . . . . . . . . . . . . . . . .   1

SECTION 2 THE STOCK INCENTIVE PLAN  . . . . . . . . . . . . . . . .   4

  2.1   PURPOSE OF THE PLAN . . . . . . . . . . . . . . . . . . . .   4
  2.2   STOCK SUBJECT TO THE PLAN . . . . . . . . . . . . . . . . .   5
  2.3   ADMINISTRATION OF THE PLAN  . . . . . . . . . . . . . . . .   5
  2.4   ELIGIBILITY AND LIMITS  . . . . . . . . . . . . . . . . . .   5

SECTION 3 TERMS OF STOCK INCENTIVES . . . . . . . . . . . . . . . .   6

  3.1   GENERAL TERMS AND CONDITIONS  . . . . . . . . . . . . . . .   6
  3.2   TERMS AND CONDITIONS OF OPTIONS.  . . . . . . . . . . . . .   7
     (a)  OPTION PRICE  . . . . . . . . . . . . . . . . . . . . . .   7
     (b)  OPTION TERM . . . . . . . . . . . . . . . . . . . . . . .   7
     (c)  PAYMENT.  . . . . . . . . . . . . . . . . . . . . . . . .   8
     (d)  CONDITIONS TO THE EXERCISE OF AN OPTION.  . . . . . . . .   8
     (e)  TERMINATION OF INCENTIVE STOCK OPTION STATUS. . . . . . .   8
     (f)  SPECIAL PROVISIONS FOR CERTAIN SUBSTITUTE OPTIONS.  . . .   8
  3.3   TREATMENT OF AWARDS UPON TERMINATION OF SERVICE . . . . . .   9

SECTION 4 RESTRICTIONS ON STOCK . . . . . . . . . . . . . . . . . .   9

  4.1   ESCROW OF SHARES. . . . . . . . . . . . . . . . . . . . . .   9
  4.2   RESTRICTIONS ON TRANSFER. . . . . . . . . . . . . . . . . .   9

SECTION 5 GENERAL PROVISIONS  . . . . . . . . . . . . . . . . . . .  10

  5.1   WITHHOLDING.  . . . . . . . . . . . . . . . . . . . . . . .  10
  5.2   CHANGES IN CAPITALIZATION; MERGER; LIQUIDATION. . . . . . .  10
  5.3   CASH AWARDS . . . . . . . . . . . . . . . . . . . . . . . .  11
  5.4   COMPLIANCE WITH CODE. . . . . . . . . . . . . . . . . . . .  11
  5.5   RIGHT TO TERMINATE SERVICE. . . . . . . . . . . . . . . . .  11
  5.6   RESTRICTIONS ON DELIVERY AND SALE OF SHARES; LEGENDS. . . .  11
  5.7   NON-ALIENATION OF BENEFITS. . . . . . . . . . . . . . . . .  12
  5.8   TERMINATION AND AMENDMENT OF THE PLAN.  . . . . . . . . . .  12
  5.9   STOCKHOLDER APPROVAL. . . . . . . . . . . . . . . . . . . .  12
  5.10  CHOICE OF LAW.  . . . . . . . . . . . . . . . . . . . . . .  12
  5.11  EFFECTIVE DATE OF THE PLAN  . . . . . . . . . . . . . . . .  12

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                           LEE COUNTY BANCSHARES, INC.
                            2003 STOCK INCENTIVE PLAN

                             SECTION 1  DEFINITIONS

     1.1     Definitions.  Whenever  used herein, the masculine pronoun shall be
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deemed  to  include the feminine, and the singular to include the plural, unless
the context clearly indicates otherwise, and the following capitalized words and
phrases  are  used  herein  with  the  meaning  thereafter  ascribed:

          (a)  "Affiliate" means
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               (1)  any Subsidiary or Parent;

               (2)  an  entity  that  directly  or  through  one  or  more
          intermediaries  controls, is controlled by, or is under common control
          with  the  Company,  as  determined  by  the  Company;  or

               (3)  any  entity  in  which  the  Company  has such a significant
          interest  that  the  Company  determines  it  should  be  deemed  an
          "Affiliate,"  as  determined  in  the  sole discretion of the Company.

          (b)  "Bank" means First National Bank of Lee County.
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          (c)  "Board of Directors" means the board of directors of the Company.
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          (d)  "Cause"  has  the  same  meaning  as  provided  in the employment
                -----
     agreement  between  the  Participant and the Company or Affiliate(s) on the
     date  of  Termination  of  Service,  or if no such definition or employment
     agreement  exists,  "Cause"  means  conduct  amounting  to  (1)  fraud  or
     dishonesty  against  the Company or Affiliate(s); (2) Participant's willful
     misconduct,  repeated  refusal  to  follow the reasonable directions of the
     Board of Directors or knowing violation of law in the course of performance
     of  the  duties  of Participant's service with the Company or Affiliate(s);
     (3)  repeated  absences from work without a reasonable excuse; (4) repeated
     intoxication  with alcohol or drugs while on the Company's or Affiliate(s)'
     premises  during regular business hours; (5) a conviction or plea of guilty
     or  nolo  contendere  to a felony or a crime involving dishonesty; or (6) a
     breach  or violation of the terms of any agreement to which Participant and
     the  Company  or  Affiliate(s)  are  party.

          (e)  "Change  in  Control"  has  the  same  meaning as provided in the
                ------------------
     employment  agreement  between  the  Participant  and  the  Company  or
     Affiliate(s),  or  if  no  such  definition or employment agreement exists,
     "Change  in  Control  shall  mean any one of the following events which may
     occur  after  the  date  the  Stock  Incentive  is  granted:

               (1)  the  acquisition  by  any  individual,  entity  or  "group,"
          within  the  meaning  of  Section  13(d)(3) or Section 14(d)(2) of the
          Securities  Exchange  Act  of  1934,  as  amended,  (a  "Person")  of
          beneficial  ownership  (within  the  meaning  of

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          Rule  13-d-3 promulgated under the Securities Exchange Act of 1934) of
          voting  securities  of  the Company or the Bank where such acquisition
          causes  any  such  Person  to  own  fifty percent (50%) or more of the
          combined  voting  power  of  the  then  outstanding  voting securities
          entitled  to  vote  generally  in  the  election  of  directors;

               (2)  within  any  twelve-month  period,  the  persons  who  were
          directors  of the Company or the Bank immediately before the beginning
          of such twelve-month period (the "Incumbent Directors") shall cease to
          constitute  at  least  a  majority  of  the  Board of Directors of the
          Company or the Bank; provided that any director who was not a director
          as  of the beginning of such twelve-month period shall be deemed to be
          an  Incumbent  Director  if that director were elected to the Board of
          Directors  of  the Company or the Bank by, or on the recommendation of
          or with the approval of, at least two-thirds of the directors who then
          qualified  as  Incumbent  Directors;  and  provided  further  that  no
          director  whose  initial assumption of office is in connection with an
          actual  or  threatened  election  contest  relating to the election of
          directors  shall  be  deemed  to  be  an  Incumbent  Director;

               (3)  a reorganization,  merger  or consolidation, with respect to
          which  persons  who  were  the stockholders of the Company or the Bank
          immediately  prior  to such reorganization, merger or consolidation do
          not,  immediately thereafter, own more than fifty percent (50%) of the
          combined voting power entitled to vote in the election of directors of
          the  reorganized,  merged  or  consolidated company's then outstanding
          voting  securities;  or

               (4)  the  sale,  transfer  or  assignment of all or substantially
          all  of the assets of the Company or the Bank to any third party.

          (f)  "Code"  means the Internal Revenue Code of 1986, as amended.
                ----

          (g)  "Committee"  means  the  committee appointed by the Board of
                ---------
     Directors  to  administer  the  Plan  pursuant  to Plan Section 2.3. If the
     Committee  has  not  been appointed, the Board of Directors in its entirety
     shall  constitute  the  Committee.

          (h)  "Company"  means  Lee  County  Bancshares,  Inc.,  a bank holding
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company organized under the laws of the State of Georgia.

          (i)  "Disability"  has  the  same  meaning  as  provided  in  the
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     long-term  disability  plan  or  policy  maintained or, if applicable, most
     recently maintained, by the Company or an Affiliate for the Participant. If
     no long-term disability plan or policy was ever maintained on behalf of the
     Participant  or, if the determination of Disability relates to an Incentive
     Stock  Option,  Disability  shall  mean  that  condition  described in Code
     Section  22(e)(3), as amended from time to time. In the event of a dispute,
     the determination of Disability shall be made by the Board of Directors and
     shall  be supported by advice of a physician competent in the area to which
     such  Disability  relates.

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          (j)  "Disposition"  means  any conveyance, sale, transfer, assignment,
                -----------
     pledge  or  hypothecation,  whether outright or as security, inter vivos or
     testamentary,  with  or  without  consideration,  voluntary or involuntary.

          (k)  "Exchange Act"  means  the  Securities  Exchange  Act of 1934, as
                ------------
     amended.

          (l)  "Fair  Market  Value"  with  regard  to  a  date  means:
                -------------------

               (1)  the  price  at which Stock shall have been sold on that date
     or  the  last  trading  date prior to that date as reported by the national
     securities  exchange selected by the Committee on which the shares of Stock
     are then actively traded or, if applicable, as reported by the NASDAQ Stock
     Market;

               (2)  if  such  market  information is not published  on a regular
     basis,  the  price  of Stock in the over-the-counter market on that date or
     the  last  business  day prior to that date as reported by the NASDAQ Stock
     Market  or,  if not so reported, by a generally accepted reporting service;
     or

               (3)  if Stock is not publicly traded, as determined in good faith
     by  the Committee with due consideration being given to (i) the most recent
     independent  appraisal  of  the Company, if such appraisal is not more than
     twelve  months  old  and  (ii)  the  valuation methodology used in any such
     appraisal.

     For  purposes  of  Paragraphs  (1) and (2) above, the Committee may use the
     closing  price as of the applicable date or the average of the high and low
     prices  as of the applicable date. For purposes of Paragraph (3) above, the
     Board  of Directors may use the price averaged over a period certain ending
     on  such  date,  the  price  determined  at  the  time  the  transaction is
     processed,  the tender offer price for shares of Stock, or any other method
     which  the Committee determines is reasonably indicative of the fair market
     value.

          (m)  "Incentive Stock Option"  means  an  incentive  stock  option, as
                ----------------------
     defined in Code Section 422, described in Plan Section 3.2.

          (n)  "Nonqualified Stock Option"  means  a stock option, other than an
                -------------------------
     option  qualifying  as an Incentive Stock Option, described in Plan Section
     3.2.

          (o)  "Option"  means a Nonqualified Stock Option or an Incentive Stock
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     Option.

          (p)  "Over  10%  Owner"  means  an  individual  who  at  the  time  an
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     Incentive  Stock  Option  is  granted  owns  Stock possessing more than ten
     percent  (10%)  of the total combined voting power of the Company or one of
     its  Parents  or Subsidiaries, determined by applying the attribution rules
     of  Code  Section  424(d).

          (q)  "Parent"  means  any  corporation  (other than the Company) in an
                ------
     unbroken  chain of corporations ending with the Company if, with respect to
     Incentive  Stock  Options,  at  the time of granting of the Incentive Stock
     Option,  each  of  the  corporations

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     other than the Company owns stock possessing fifty percent (50%) or more of
     the total combined voting power of all classes of stock in one of the other
     corporations  in  the  chain.

          (r)  "Participant"  means an individual who receives a Stock Incentive
                -----------
     hereunder.

          (s)  "Plan" means the Lee County Bancshares, Inc. 2003 Stock Incentive
                ----
     Plan.

          (t)  "Stock"  means  the  Company's $1.00 par value common stock.
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          (u)  "Stock  Incentive  Agreement" means an agreement between the
                ---------------------------
     Company  and  a Participant or other documentation evidencing an award of a
     Stock  Incentive.

          (v)  "Stock  Incentives"  means, collectively, Incentive Stock Options
                -----------------
     and  Nonqualified  Stock  Options.

          (w)  "Subsidiary" means any corporation (other than the Company) in an
                ----------
     unbroken  chain of corporations beginning with the Company if, with respect
     to  Incentive  Stock  Options, at the time of the granting of the Incentive
     Stock  Option,  each of the corporations other than the last corporation in
     the unbroken chain owns stock possessing fifty percent (50%) or more of the
     total  combined  voting  power  of all classes of stock in one of the other
     corporations  in  the  chain. A "Subsidiary" shall include any entity other
     than  a  corporation  to  the  extent  permissible  under Section 424(f) or
     regulations  or  rulings  thereunder.

          (x)  "Termination  of  Service"  means  the termination of the service
                ------------------------
     relationship,  whether  employment  or otherwise, between a Participant and
     the  Company  and  any Affiliates, regardless of the fact that severance or
     similar payments are made to the Participant for any reason, including, but
     not  by  way of limitation, a termination by resignation, discharge, death,
     Disability  or retirement. The Committee shall, in its absolute discretion,
     determine the effect of all matters and questions relating to a Termination
     of  Service,  including,  but  not  by  way  of limitation, the question of
     whether a leave of absence constitutes a Termination of Service, or whether
     a  Termination  of  Service  is  for  Cause.

                       SECTION 2  THE STOCK INCENTIVE PLAN

     2.1     Purpose  of  the  Plan.  The  Plan  is  intended  to  (a)  provide
             ----------------------
incentives  to  officers,  employees  and  directors  of  the  Company  and  its
Affiliates  to  stimulate  their  efforts  toward  the  continued success of the
Company and to operate and manage the business in a manner that will provide for
the  long-term  growth  and  profitability  of  the Company; (b) encourage stock
ownership by officers, employees and directors by providing them with a means to
acquire  a proprietary interest in the Company by acquiring shares of Stock; and
(c)  provide  a  means  of  obtaining  and  rewarding  key  personnel.

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     2.2     Stock  Subject  to  the  Plan.  Subject to adjustment in accordance
             -----------------------------
with  Section  5.2, ________ shares of Stock (the "Maximum Plan Shares") [INSERT
NUMBER  OF SHARES EQUAL TO 10% OF THE NUMBER OF SHARES SOLD IN COMPANY'S INITIAL
OFFERING  OF  ITS  STOCK]  are  hereby  reserved  exclusively  for issuance upon
exercise  or payment pursuant to Stock Incentives.  At such times as the Company
is  subject to Section 16 of the Exchange Act, at no time shall the Company have
outstanding  Stock  Incentives  subject  to  Section  16 of the Exchange Act and
shares  of  Stock issued in respect of Stock Incentives in excess of the Maximum
Plan  Shares.  The  shares  of  Stock  attributable  to  the  nonvested, unpaid,
unexercised,  unconverted  or otherwise unsettled portion of any Stock Incentive
that  is  forfeited or cancelled or expires or terminates for any reason without
becoming  vested,  paid,  exercised, converted or otherwise settled in full will
again  be  available  for  purposes  of  the  Plan.

     2.3     Administration  of the Plan.  The Plan shall be administered by the
             ---------------------------
Committee.   The Committee shall consist of at least two members of the Board of
Directors.  During  those  periods that the Company is subject to the provisions
of Section 16 of the Exchange Act, the Board of Directors shall consider whether
each  Committee  member  should  qualify  as an "outside director" as defined in
Treasury  Regulations Section 1.162-27(e) as promulgated by the Internal Revenue
Service  and  a  "non-employee  director"  as  defined  in  Rule 16b(3)(b)(3) as
promulgated  under the Exchange Act.  The Committee shall have full authority in
its discretion to determine the officers, employees and directors of the Company
or  its  Affiliates  to whom Stock Incentives shall be granted and the terms and
provisions  of  Stock Incentives subject to the Plan.  Subject to the provisions
of the Plan, the Committee shall have full and conclusive authority to interpret
the  Plan; to prescribe, amend and rescind rules and regulations relating to the
Plan;  to  determine  the terms and provisions of the respective Stock Incentive
Agreements  and  to make all other determinations necessary or advisable for the
proper  administration  of  the  Plan.  The Committee's determinations under the
Plan  need  not  be  uniform and may be made by it selectively among persons who
receive,  or are eligible to receive, awards under the Plan (whether or not such
persons  are  similarly situated).  The Committee's decisions shall be final and
binding  on  all  Participants.  Each member of the Committee shall serve at the
discretion of the Board of Directors and the Board of Directors may from time to
time  remove  members  from  or  add members to the Committee.  Vacancies on the
Committee  shall  be  filled  by  the  Board  of  Directors.

     The  Committee  shall  select one of its members as chairman and shall hold
meetings at the times and in the places as it may deem advisable.  Acts approved
by  a  majority  of  the Committee in a meeting at which a quorum is present, or
acts  reduced  to  or  approved  in  writing by a majority of the members of the
Committee,  shall  be  the  valid  acts  of  the  Committee.

     2.4     Eligibility  and  Limits.  Stock  Incentives may be granted only to
             ------------------------
officers,  employees  and  directors  of the Company or any Affiliate; provided,
however,  that  an  Incentive Stock Option may only be granted to an employee of
the  Company  or  any  Subsidiary.  In  the case of Incentive Stock Options, the
aggregate Fair Market Value (determined as of the date an Incentive Stock Option
is  granted)  of  stock with respect to which stock options intended to meet the
requirements  of  Code  Section  422 become exercisable for the first time by an
individual  during  any  calendar  year  under  all plans of the Company and its
Parents  and  Subsidiaries  shall not exceed $100,000; provided further, that if
the  limitation  is  exceeded,  the  Incentive  Stock  Option(s) which cause the
limitation  to  be  exceeded  shall  be  treated  as  Nonqualified  Stock

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Option(s).   During  such periods as required by Code Section 162(m) of the Code
and  the  regulations  thereunder  for  compensation  to be treated as qualified
performance-based  compensation,  the  maximum  number  of  shares of Stock with
respect  to which Options may be granted during any calendar year to an employee
may  not  exceed 50,000, subject  to  adjustment in accordance with Section 5.2.
If,  after  grant,  the  exercise price of an Option is reduced, the transaction
shall  be  treated  as  the  cancellation  of  the Option and the grant of a new
Option.  If  an  Option  is deemed to be cancelled as described in the preceding
sentence,  the  Option  that  is  deemed  to be cancelled and the Option that is
deemed  to  be granted shall both be counted against the Maximum Plan Shares and
the  maximum  number  of  shares for which Options may be granted to an employee
during  any  calendar  year.

                      SECTION 3  TERMS OF STOCK INCENTIVES

     3.1     General  Terms  and  Conditions.
             -------------------------------

          (a)  The number of shares of Stock as to which a Stock Incentive shall
     be  granted  shall  be  determined by the Committee in its sole discretion,
     subject  to the provisions of Section 2.2, as to the total number of shares
     available  for  grants  under  the  Plan. If a Stock Incentive Agreement so
     provides, a Participant may be granted a new Option to purchase a number of
     shares  of  Stock  equal  to the number of previously owned shares of Stock
     tendered in payment of the Exercise Price (as defined below) for each share
     of  Stock purchased pursuant to the terms of the Stock Incentive Agreement.

          (b)  Each  Stock  Incentive  shall  be  evidenced by a Stock Incentive
     Agreement  in  such  form  and  containing  such  terms,  conditions  and
     restrictions  as  the  Committee  may  determine is appropriate. Each Stock
     Incentive  Agreement  shall  be  subject  to  the terms of the Plan and any
     provision in a Stock Incentive Agreement that is inconsistent with the Plan
     shall  be  null  and  void.

          (c)  The  date a Stock Incentive is granted shall be the date on which
     the Committee has approved the terms of, and satisfaction of any conditions
     applicable  to,  the  grant  of  the Stock Incentive and has determined the
     recipient  of  the  Stock Incentive and the number of shares covered by the
     Stock  Incentive  and has taken all such other action necessary to complete
     the  grant  of  the  Stock  Incentive.

          (d)  The  Committee  may  provide in any Stock Incentive Agreement (or
     subsequent to the award of a Stock Incentive but prior to its expiration or
     cancellation,  as  the  case  may  be)  that,  in  the event of a Change in
     Control, the Stock Incentive shall or may be cashed out on the basis of any
     price  not  greater than the highest price paid for a share of Stock in any
     transaction  reported  by any market or system selected by the Committee on
     which  the  shares  of  Stock  are  then actively traded during a specified
     period immediately preceding or including the date of the Change in Control
     or  offered  for  a  share  of Stock in any tender offer occurring during a
     specified  period  immediately  preceding  or including the date the tender
     offer  commences; provided that, in no case shall any such specified period
     exceed  three  (3)  months (the "Change in Control Price"). For purposes of
     this  Subsection,  any  Option  shall  be  cashed  out  on the basis of the

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     excess,  if  any, of the Change in Control Price over the Exercise Price to
     the  extent  the Option is then exercisable in accordance with the terms of
     the  Option  and  the  Plan.

          (e)  Any  Stock Incentive may be granted in connection with all or any
     portion  of  a  previously  or  contemporaneously  granted Stock Incentive.
     Exercise or vesting of a Stock Incentive granted in connection with another
     Stock  Incentive  may result in a pro rata surrender or cancellation of any
     related  Stock  Incentive,  as  specified in the applicable Stock Incentive
     Agreement.

          (f) Stock Incentives shall not be transferable or assignable except by
     will  or  by the laws of descent and distribution and shall be exercisable,
     during the Participant's lifetime, only by the Participant; in the event of
     the  Disability  of  the  Participant,  by  the legal representative of the
     Participant;  or  in  the  event  of  the  death of the Participant, by the
     personal  representative  of  the  Participant's  estate  or if no personal
     representative  has been appointed, by the successor in interest determined
     under  the  Participant's  will.

     3.2     Terms  and  Conditions  of  Options.  Each Option granted under the
             -----------------------------------
Plan  shall be evidenced by a Stock Incentive Agreement.  At the time any Option
is  granted,  the  Committee  shall  determine  whether  the  Option is to be an
Incentive  Stock  Option or a Nonqualified Stock Option, and the Option shall be
clearly  identified  as  to  its  status  as  an  Incentive  Stock  Option  or a
Nonqualified Stock Option.  At the time any Incentive Stock Option is exercised,
the Company shall be entitled to place a legend on the certificates representing
the shares of Stock purchased pursuant to the Option to clearly identify them as
shares  of  Stock  purchased  upon  exercise  of  an Incentive Stock Option.  An
Incentive  Stock  Option  may  only  be  granted  within ten (10) years from the
earlier of the date the Plan is adopted by the Board of Directors or approved by
the  Company's stockholders.  All Options shall provide that the primary federal
regulator  of  the  Company or the Bank may require a Participant to exercise an
Option in whole or in part if the capital of the Company or the Bank falls below
minimum requirements and shall further provide that, if the Participant fails to
so  exercise any such portion of the Option, that portion of the Option shall be
forfeited.

          (a) Option Price. Subject to adjustment in accordance with Section 5.2
              ------------
     and  the  other  provisions  of  this  Section 3.2, the exercise price (the
     "Exercise  Price") per share of Stock purchasable under any Option shall be
     as  set  forth in the applicable Stock Incentive Agreement. With respect to
     each grant of an Incentive Stock Option to a Participant who is not an Over
     10%  Owner,  the  Exercise  Price per share shall not be less than the Fair
     Market  Value on the date the Option is granted. With respect to each grant
     of an Incentive Stock Option to a Participant who is an Over 10% Owner, the
     Exercise  Price shall not be less than 110% of the Fair Market Value on the
     date  the  Option  is granted. With respect to each grant of a Nonqualified
     Stock  Option,  the Exercise Price per share shall be no less than the Fair
     Market  Value.

          (b)  Option  Term.  The term of an Option shall be as specified in the
               ------------
     applicable  Stock  Incentive  Agreement;  provided, however that any Option
     granted  to  a Participant shall not be exercisable after the expiration of
     ten (10) years after the date the Option is granted and any Incentive Stock
     Option  granted  to  an  Over  10%  Owner  shall

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     not  be  exercisable  after the expiration of five (5) years after the date
     the  Option  is  granted.

          (c) Payment. Payment for all shares of Stock purchased pursuant to the
              -------
     exercise  of  an  Option  shall  be made in cash or, if the Stock Incentive
     Agreement  provides,  in  a  cashless  exercise  through  a  broker. In its
     discretion,  the  Committee  also  may  authorize (at the time an Option is
     granted  or  thereafter)  Company financing to assist the Participant as to
     payment  of  the  Exercise  Price  on  such  terms as may be offered by the
     Committee  in  its  discretion.  Payment shall be made at the time that the
     Option  or  any part thereof is exercised, and no shares shall be issued or
     delivered  upon  exercise  of an Option until full payment has been made by
     the  Participant.  The holder of an Option, as such, shall have none of the
     rights  of  a  stockholder.

          (d) Conditions to the Exercise of an Option. Each Option granted under
              ---------------------------------------
     the  Plan  shall  be exercisable by the Participant or any other designated
     person,  at  such  time  or  times, or upon the occurrence of such event or
     events,  and  in  such amounts, as the Committee shall specify in the Stock
     Incentive  Agreement; provided, however, that subsequent to the grant of an
     Option,  the  Committee,  at  any  time before complete termination of such
     Option,  may  accelerate  the  time  or  times  at which such Option may be
     exercised in whole or in part, including, without limitation, upon a Change
     in Control and may permit the Participant or any other designated person to
     exercise  the  Option,  or  any  portion  thereof,  for  all or part of the
     remaining  Option term notwithstanding any provision of the Stock Incentive
     Agreement to the contrary. Notwithstanding the foregoing, no Option granted
     prior  to  the  third  anniversary  of the date the Bank opens for business
     shall  contain  provisions  which  allow  the  Option  to become vested and
     exercisable  at a rate faster than in equal one-third increments commencing
     with  the  first  anniversary  of  the  Option's  grant  date.

               (e)  Termination  of  Incentive Stock Option Status. With respect
                    ----------------------------------------------
     to an Incentive Stock Option, in the event of the Termination of Service of
     a  Participant, the Option or portion thereof held by the Participant which
     is  unexercised  shall  expire, terminate and become unexercisable no later
     than  three  (3)  months  after  the  date  of  termination  of employment;
     provided,  however,  that  in  the  case  of  a holder whose termination of
     employment  is  due  to  death  or  Disability,  up  to one (1) year may be
     substituted  for  such  three  (3)  month  period.  For  purposes  of  this
     Subsection  (e),  Termination  of  Service  of the Participant shall not be
     deemed  to  have  occurred  if  the  Participant  is  employed  by  another
     corporation  (or  a  parent  or  subsidiary  corporation  of  such  other
     corporation)  which  has  assumed  the  Incentive  Stock  Option  of  the
     Participant  in  a  transaction to which Code Section 424(a) is applicable.

               (f)  Special  Provisions  for  Certain  Substitute  Options.
                    ------------------------------------------------------
     Notwithstanding  anything  to  the contrary in this Section 3.2, any Option
     issued  in  substitution for an option previously issued by another entity,
     which  substitution  occurs  in connection with a transaction to which Code
     Section 424(a) is applicable, may provide for an exercise price computed in
     accordance  with  such  Code Section and the regulations thereunder and may
     contain  such  other terms and conditions as the Committee may prescribe to
     cause  such  substitute  Option  to  contain as nearly as possible the same
     terms  and  conditions

                                        8
<PAGE>
     (including  the  applicable  vesting  and  termination provisions) as those
     contained  in  the  previously  issued  option  being  replaced  thereby.

     3.3     Treatment  of  Awards  Upon  Termination  of  Service.  Except  as
             -----------------------------------------------------
otherwise  provided  by  Plan  Section  3.2(e),  any  award under this Plan to a
Participant  who suffers a Termination of Service may be cancelled, accelerated,
paid  or  continued,  as  provided  in  the Stock Incentive Agreement or, in the
absence  of  such provision, as the Committee may determine.  The portion of any
award  exercisable in the event of continuation or the amount of any payment due
under  a  continued  award  may  be  adjusted  by  the  Committee to reflect the
Participant's  period  of service from the date of grant through the date of the
Participant's  Termination  of  Service  or  such other factors as the Committee
determines  are  relevant  to  its  decision  to  continue  the  award.

                        SECTION 4  RESTRICTIONS ON STOCK

     4.1     Escrow  of  Shares.  Any  certificates  representing  the shares of
             ------------------
Stock  issued  under the Plan shall be issued in the Participant's name, but, if
the  Stock Incentive Agreement so provides, the shares of Stock shall be held by
a  custodian  designated  by  the  Committee (the "Custodian").  Each applicable
Stock  Incentive  Agreement  providing  for  transfer  of shares of Stock to the
Custodian  shall  appoint  the  Custodian  as  the  attorney-in-fact  for  the
Participant  for the term specified in the applicable Stock Incentive Agreement,
with  full  power  and  authority  in the Participant's name, place and stead to
transfer,  assign  and  convey  to  the  Company any shares of Stock held by the
Custodian for such Participant, if the Participant forfeits the shares under the
terms  of  the applicable Stock Incentive Agreement.  During the period that the
Custodian  holds  the  shares  subject to this Section, the Participant shall be
entitled  to  all  rights,  except as provided in the applicable Stock Incentive
Agreement, applicable to shares of Stock not so held.  Any dividends declared on
shares of Stock held by the Custodian shall, as the Committee may provide in the
applicable Stock Incentive Agreement, be paid directly to the Participant or, in
the  alternative,  be retained by the Custodian until the expiration of the term
specified  in  the  applicable  Stock  Incentive  Agreement  and  shall  then be
delivered,  together  with  any  proceeds,  with  the  shares  of  Stock  to the
Participant  or  to  the  Company,  as  applicable.

     4.2     Restrictions on Transfer.  The Participant shall not have the right
             ------------------------
to  make  or  permit  to  exist  any  Disposition  of the shares of Stock issued
pursuant  to  the  Plan  except  as provided in the Plan or the applicable Stock
Incentive  Agreement.  Any  Disposition  of the shares of Stock issued under the
Plan  by  the Participant not made in accordance with the Plan or the applicable
Stock  Incentive  Agreement  shall be void.  The Company shall not recognize, or
have the duty to recognize, any Disposition not made in accordance with the Plan
and  the  applicable  Stock  Incentive  Agreement, and the shares so transferred
shall  continue  to  be  bound  by  the  Plan and the applicable Stock Incentive
Agreement.

                          SECTION 5  GENERAL PROVISIONS

     5.1     Withholding.  The  Company shall deduct from all cash distributions
             -----------
under  the  Plan  any  taxes  required to be withheld by federal, state or local
government.  Whenever  the  Company proposes or is required to issue or transfer
shares  of Stock under the Plan, the Company shall have the right to require the
recipient  to  remit  to  the  Company  an  amount

                                        9
<PAGE>
sufficient  to satisfy any federal, state and local tax withholding requirements
prior  to  the  delivery  of any certificate or certificates for such shares.  A
Participant  may  pay the withholding obligation in cash, by tendering shares of
Stock  which  have been owned by the holder for at least six (6) months prior to
the date of exercise or, if the applicable Stock Incentive Agreement provides, a
Participant  may  elect  to  have the number of shares of Stock he is to receive
reduced  by  the smallest number of whole shares of Stock which, when multiplied
by  the  Fair  Market Value of the shares of Stock determined as of the Tax Date
(defined  below),  is  sufficient  to  satisfy federal, state and local, if any,
withholding  obligation arising from exercise or payment of a Stock Incentive (a
"Withholding  Election").  A Participant may make a Withholding Election only if
both  of  the  following  conditions  are  met:

          (a)  The  Withholding Election must be made on or prior to the date on
     which  the  amount  of  tax required to be withheld is determined (the "Tax
     Date")  by  executing  and  delivering  to the Company a properly completed
     notice  of  Withholding  Election  as  prescribed  by  the  Committee;  and

          (b)  Any  Withholding  Election made will be irrevocable; however, the
     Committee may, in its sole discretion, disapprove and give no effect to the
     Withholding  Election.

     5.2     Changes  in  Capitalization;  Merger;  Liquidation.
             --------------------------------------------------

          (a)  The  number of shares of Stock reserved for the grant of Options,
     the  maximum  number of shares of Stock for which Options may be granted to
     any  employee  during  any  calendar  year,  the  number of shares of Stock
     reserved for issuance upon the exercise of each outstanding Option, and the
     Exercise Price of each outstanding Option shall be proportionately adjusted
     for  any  increase  or  decrease  in  the  number of issued shares of Stock
     resulting  from a subdivision or combination of shares or the payment of an
     ordinary stock dividend in shares of Stock to holders of outstanding shares
     of Stock or any other increase or decrease in the number of shares of Stock
     outstanding  effected  without  receipt  of  consideration  by the Company.

          (b)  In  the  event  of  any  merger,  consolidation,  reorganization,
     extraordinary  dividend,  spin-off,  sale  of  substantially  all  of  the
     Company's  assets,  other change in the capital structure of the Company or
     its  Stock  (including any Change in Control) or tender offer for shares of
     Stock,  the  Committee,  in  its sole discretion, may make such adjustments
     with  respect to awards and take such other action as it deems necessary or
     appropriate  to  reflect  or in anticipation of such merger, consolidation,
     reorganization, extraordinary dividend, spin-off, sale of substantially all
     of the Company's assets, other change in capital structure or tender offer,
     including,  without  limitation;  the  assumption  of  other  awards,  the
     substitution  of  new awards, the adjustment of outstanding awards (with or
     without  the  payment  of any consideration), the acceleration of awards or
     the  removal  of restrictions on outstanding awards, all as may be provided
     in  the applicable Stock Incentive Agreement or, if not expressly addressed
     therein,  as  the  Committee subsequently may determine in the event of any
     such  merger,  consolidation,  reorganization,  extraordinary  dividend,
     spin-off,  sale  of substantially all of the Company's assets, other change
     in  the  capital  structure  of  the  Company  or  its  Stock  or

                                       10
<PAGE>
     tender  offer  for shares of Stock or the termination of outstanding awards
     in  exchange  for  the  cash  value,  as  determined  in  good faith by the
     Committee  of  the  vested  and/or  unvested  portion  of  the  award.  The
     Committee's  general  authority  under  this  Section 5.2 is limited by and
     subject  to  all  other  express  provisions  of  the  Plan. Any adjustment
     pursuant  to  this  Section 5.2 may provide, in the Committee's discretion,
     for  the elimination without payment therefor of any fractional shares that
     might  otherwise  become  subject  to  any  Stock  Incentive.

          (c)  The  existence  of  the  Plan  and  the  Stock Incentives granted
     pursuant  to the Plan shall not affect in any way the right or power of the
     Company  to  make  or  authorize  any  adjustment,  reclassification,
     reorganization  or  other  change in its capital or business structure, any
     merger  or  consolidation  of  the  Company,  any  issue  of debt or equity
     securities  having  preferences or priorities as to the Stock or the rights
     thereof,  the  dissolution  or  liquidation  of  the  Company,  any sale or
     transfer  of  all  or  any  part  of  its  business or assets, or any other
     corporate  act  or  proceeding.

     5.3     Cash Awards.  The Committee may, at any time and in its discretion,
             -----------
grant to any holder of a Stock Incentive the right to receive, at such times and
in  such amounts as determined by the Committee in its discretion, a cash amount
which  is intended to reimburse such person for all or a portion of the federal,
state  and  local  income taxes imposed upon such person as a consequence of the
receipt  of  the  Stock  Incentive  or  the  exercise  of  rights  thereunder.

     5.4     Compliance  with  Code.  All  Incentive Stock Options to be granted
             ----------------------
hereunder  are  intended  to comply with Code Section 422, and all provisions of
the Plan and all Incentive Stock Options granted hereunder shall be construed in
such  a  manner  as  to  effectuate  that  intent.

     5.5     Right  to  Terminate  Service.  Nothing in the Plan or in any Stock
             -----------------------------
Incentive  Agreement  shall confer upon any Participant the right to continue as
an  officer,  employee  or  director  of  the Company or affect the right of the
Company  to  terminate  the  Participant's  services  at  any  time.

     5.6     Restrictions  on  Delivery and Sale of Shares; Legends.  Each Stock
             ------------------------------------------------------
Incentive  is subject to the condition that if at any time the Committee, in its
discretion,  shall  determine that the listing, registration or qualification of
the shares covered by such Stock Incentive upon any securities exchange or under
any  state  or  federal  law  is  necessary or desirable as a condition of or in
connection with the granting of such Stock Incentive or the purchase or delivery
of  shares  thereunder, the delivery of any or all shares pursuant to such Stock
Incentive  may  be  withheld  unless  and  until  such  listing, registration or
qualification  shall  have been effected.  If a registration statement is not in
effect  under the Securities Act of 1933 or any applicable state securities laws
with  respect  to the shares of Stock purchasable or otherwise deliverable under
Stock  Incentives then outstanding, the Committee may require, as a condition of
exercise of any Option or as a condition to any other delivery of Stock pursuant
to  a  Stock  Incentive,  that  the  Participant  or  other recipient of a Stock
Incentive  represent, in writing, that the shares received pursuant to the Stock
Incentive  are being acquired for investment and not with a view to distribution
and  agree  that  the  shares  will  not  be  disposed  of except pursuant to an
effective  registration  statement,  unless  the  Company shall have received an
opinion  of  counsel that such disposition is exempt from such requirement under
the  Securities  Act  of  1933  and  any  applicable

                                       11
<PAGE>
state  securities  laws.  The  Company  may include on certificates representing
shares  delivered  pursuant  to  a Stock Incentive such legends referring to the
foregoing  representations  or restrictions or any other applicable restrictions
on  resale  as  the  Company,  in  its  discretion,  shall  deem  appropriate.

     5.7     Non-Alienation  of  Benefits.  Other  than as specifically provided
             ----------------------------
herein,  no  benefit  under  the  Plan  shall  be  subject  in  any  manner  to
anticipation,  alienation,  sale,  transfer,  assignment, pledge, encumbrance or
charge; and any attempt to do so shall be void.  No such benefit shall, prior to
receipt by the Participant, be in any manner liable for or subject to the debts,
contracts,  liabilities,  engagements  or  torts  of  the  Participant.

     5.8     Termination  and  Amendment of the Plan.  The Board of Directors at
             ---------------------------------------
any time may amend or terminate the Plan without stockholder approval; provided,
however, that the Board of Directors may condition any amendment on the approval
of  stockholders  of the Company if such approval is necessary or advisable with
respect  to  tax,  securities  or other applicable laws.  No such termination or
amendment without the consent of the holder of a Stock Incentive shall adversely
affect  the  rights  of  the  Participant  under  such  Stock  Incentive.

     5.9     Stockholder  Approval.   The  Plan  must  be  submitted  to  the
             ---------------------
stockholders  of the Company for their approval within twelve (12) months before
or  after  the  adoption  of  the  Plan  by  the  Board  of  Directors.

     5.10     Choice  of Law.  The laws of the State of Georgia shall govern the
              --------------
Plan,  to  the  extent  not  preempted  by  federal  law.

     5.11     Effective Date of the Plan.  The Plan was approved by the Board of
              --------------------------
Directors as of _______________, 2003 and will be effective as of that date.

                                        LEE  COUNTY  BANCSHARES,  INC.

                                        By: ____________________________________

                                        Title: _________________________________
ATTEST:

____________________________
Secretary

     [SEAL]

                                       12
<PAGE>EXHIBIT 10.5

                          PROPOSED EMPLOYMENT AGREEMENT

     THIS  AGREEMENT  is  made  as of the _____ day of ___________, 2003, by and
among  LEE  COUNTY  BANCSHARES, INC., a bank holding company organized under the
laws of the State of Georgia (the "Company"); FIRST NATIONAL BANK OF LEE COUNTY,
a  proposed national bank being organized under the laws of the United States of
America  (the  "Bank")  collectively,  the  Company and the Bank are referred to
hereinafter  as the ("Employer"), and MICHAEL P. GUY, a resident of the State of
Alabama  (the  "Executive").

                                    RECITALS:

     The  Employer  desires  to  employ  the  Executive  as  President and Chief
Executive  Officer  of  the  Company  and  the Bank and the Executive desires to
accept  such  employment.

     In  consideration  of  the  above  premises  and  the  mutual  agreements
hereinafter  set  forth,  the  parties  hereby  agree  as  follows:

1.   DEFINITIONS.  Whenever  used  in  this  Agreement,  the following terms and
     ------------
their variant forms shall have the meaning set forth below:

     1.1  "AGREEMENT"  shall  mean  this Agreement and any exhibits incorporated
           ---------
herein  together with any amendments hereto made in the manner described in this
Agreement.

     1.2  "AREA"  shall  mean  the  geographic area within Chambers, Lee, Macon,
           ----
Russell,  and Tallapoosa Counties in Alabama and Muscogee County in Georgia.  It
is the express intent of the parties that the Area as defined herein is the area
where  the  Executive  performs  services  on  behalf of the Employer under this
Agreement  as  of  the  Effective  Date.

     1.3  "BEGINNING  DATE"  shall  mean  the date set forth above on which this
           ---------------
Agreement  is  executed  by  the  parties.

     1.4  "BUSINESS  OF  THE  EMPLOYER" shall mean the business conducted by the
           ---------------------------
Employer,  which  is  the  business  of  commercial  banking.

     1.5  "CAUSE"  shall  mean:
           -----

          1.5.1  With  respect  to  termination  by  the  Employer:

               (a)  A  material  breach  of  the  terms of this Agreement by the
          Executive,  including, without limitation, failure by the Executive to
          perform  his  duties  and  responsibilities  in  the manner and to the
          extent  required under this Agreement, which remains uncured after the
          expiration  of  thirty  (30)  days  following  the delivery of written
          notice  of  such  breach to the Executive by the Employer. Such notice
          shall (i) specifically identify the duties that the Board of Directors
          of  either

<PAGE>
          the  Company or the Bank believes the Executive has failed to perform,
          (ii)  state  the  facts  upon  which such Board of Directors made such
          determination,  and  (iii)  be  approved  by  a  resolution  passed by
          two-thirds  (2/3)  of  the  directors  then  in  office;

               (b)  Conduct  by  the Executive that amounts to fraud, dishonesty
          disloyalty  or willful misconduct in the performance of his duties and
          responsibilities  hereunder;

               (c)  Conviction  of  the  Executive  during  the  Term of a crime
          involving  breach  of  trust  or  moral  turpitude  or  any  felony;

               (d)  Conduct  by  the Executive that amounts to gross and willful
          insubordination  or  inattention  to  his  duties and responsibilities
          hereunder;  or

               (e)  Conduct  by  the  Executive that results in removal from his
          position  as  an  officer  or  executive of the Employer pursuant to a
          written  order by any regulatory agency with authority or jurisdiction
          over  the  Employer.

          1.5.2  With  respect  to  termination  by  the  Executive,  a material
     diminution  in  the  powers,  responsibilities  or  duties of the Executive
     hereunder  or  a  material  breach  of  the  terms of this Agreement by the
     Employer,  which  remains  uncured after the expiration of thirty (30) days
     following  the delivery of written notice of such breach to the Employer by
     the  Executive.

     1.6  "CHANGE  OF  CONTROL"  means  any  one  of  the following events which
           -------------------
occurs  following  the  Effective  Date:

               (a) the acquisition by any person or persons acting in concert of
          the  then  outstanding  voting securities of either the Company or the
          Bank  if, after the transaction, the acquiring person or persons owns,
          controls or holds the power to vote fifty percent (50%) or more of any
          class  of  voting  securities  of  the  Company  or  the  Bank;

               (b)  within  any  twelve-month  period (beginning on or after the
          Effective  Date), the persons who were directors of either the Company
          or  the  Bank  immediately  before  the beginning of such twelve-month
          period  (the "Incumbent Directors") shall cease to constitute at least
          a  majority of such Board of Directors; provided that any director who
          was  not  a  director  as of the beginning of such twelve-month period
          shall  be  deemed  to  be  an Incumbent Director if that director were
          elected  to such Board of Directors by, or on the recommendation of or
          with  the  approval  of, at least two-thirds of the directors who then
          qualified  as  Incumbent  Directors;  and  provided  further  that  no
          director  whose  initial assumption of office is in connection with an
          actual  or  threatened  election  contest  relating to the election of
          directors  shall  be  deemed  to  be  an  Incumbent  Director;

                                      -2-
<PAGE>
               (c)  a  reorganization,  merger or consolidation, with respect to
          which  persons  who were the stockholders of either the Company or the
          Bank immediately prior to such reorganization, merger or consolidation
          do  not,  immediately thereafter, own more than fifty percent (50%) of
          the  combined  voting  power  entitled  to  vote  in  the  election of
          directors  of  the  reorganized, merged or consolidated company's then
          outstanding  voting  securities;  or

               (d)  the sale, transfer or assignment of all or substantially all
          of  the  assets  of  the  Company  or  the  Bank  to  any third party.

     1.7  "CONFIDENTIAL  INFORMATION"  means  data  and  information relating to
           -------------------------
the  business  of  the  Employer  (which  does not rise to the status of a Trade
Secret)  which  is  or  has  been  disclosed  to  the  Executive or of which the
Executive  became  aware  as  a  consequence  of  or  through  the  Executive's
relationship  to  the  Employer and which has a value to the Employer and is not
generally  known to its competitors.  Confidential Information shall not include
any data or information that has been voluntarily disclosed to the public by the
Employer  (except  where  such  public disclosure has been made by the Executive
without authorization) or that has been independently developed and disclosed by
others,  or  that  otherwise  enters  the  public  domain  through lawful means.

     1.8  "DISABILITY"  shall  mean  the  inability  of the Executive to perform
           ----------
each of his material duties under this Agreement for the longer of (a) three (3)
consecutive months or (b) the duration of the short-term disability period under
the Employee's policy then in effect, if any, as certified by a physician chosen
by  the  Employer  and  reasonably  acceptable  to  the  Executive.

     1.9  "EFFECTIVE  DATE"  shall  mean  the  date the Bank opens for business.
           ---------------

     1.10 "EMPLOYER  INFORMATION"  means  Confidential  Information  and  Trade
           ---------------------
Secrets.

     1.11 "TERM"  shall  mean  that  period  of time commencing on the Beginning
           ----
Date  and  running  until  the  earlier of (a) the close of business on the last
business  day  immediately preceding the third anniversary of the Beginning Date
or  (b)  any  earlier  termination  of  employment  of  the Executive under this
Agreement  as  provided  for  in  Section  3.

     1.12 "TRADE  SECRETS"  means  Employer  information  including,  but  not
           --------------
limited  to,  technical  or nontechnical data, formulas, patterns, compilations,
programs,  devices,  methods,  techniques,  drawings, processes, financial data,
financial  plans,  product  plans  or  lists of actual or potential customers or
suppliers  which:

               (a)  derives  economic value, actual or potential, from not being
          generally  known  to,  and  not  being readily ascertainable by proper
          means  by,  other  persons  who  can  obtain  economic  value form its
          disclosure  or  use;  and

               (b)  is  the  subject  of  efforts  that are reasonable under the
          circumstances  to  maintain  its  secrecy.

                                      -3-
<PAGE>
2.   DUTIES.
     -------

     2.1  POSITION.  The  Executive is employed as President and Chief Executive
          ---------
Officer  of  the Company and the Bank and, subject to the direction of the Board
of  Directors of the Company and the Bank or the applicable Board's designee(s),
shall  perform and discharge well and faithfully the duties and responsibilities
of  the  Executive  as  set  forth on Exhibit "A" attached hereto. The Executive
shall  also perform such additional duties that may be assigned to him from time
to  time  by the Boards of Directors of the Company and the Bank only after such
Boards  of Directors have solicited the reasonable opinion of the Executive with
respect  to  those  additional  duties.  The  Executive shall perform the duties
required  under  the  Agreement  at  the  principal  offices  of  the  Bank.

     2.2  FULL-TIME  STATUS.  In  addition  to  the  duties and responsibilities
          ------------------
specifically  assigned  to  the  Executive  pursuant  to Section 2.1 hereof, the
Executive  shall:

               (a) devote substantially all of his time, energy and skill during
          regular  business  hours  to  the  performance  of  the  duties of his
          employment  (reasonable  vacations  and  reasonable  absences  due  to
          illness  excepted)  and  faithfully  and  industriously  perform  such
          duties;

               (b)  diligently  follow  and  implement all reasonable and lawful
          management  policies and decisions communicated to him by the Board of
          Directors  of  either  the  Company  or  the  Bank;  and

               (c)  timely  prepare  and  forward  to  the Board of Directors of
          either  the  Company or the Bank all reports and accountings as may be
          requested  of  the  Executive.

     2.3  PERMITTED  ACTIVITIES.  The Executive shall devote his entire business
          ----------------------
time,  attention  and  energies  to  the  Business of the Employer and shall not
during  the Term be engaged (whether or not during normal business hours) in any
other business or professional activity, whether or not such activity is pursued
for  gain,  profit or other pecuniary advantage, but this shall not be construed
as  preventing  the  Executive  from:

               (a) investing his personal assets in businesses which (subject to
          clause  (b)  below)  are  not  in competition with the Business of the
          Employer  and  which  will not require any services on the part of the
          Executive in their operation or affairs and in which his participation
          is  solely  that  of  an  investor;

               (b)  purchasing  securities in any corporation, the securities of
          which  are  regularly  traded  provided  that  such purchase shall not
          result  in  him  collectively  owning  beneficially  at  any time five
          percent  (5%)  or  more  of  the  equity securities of any business in
          competition  with  the  Business  of  the  Employer;  and

               (c)  participating  in  civic  and  professional  affairs  and
          organizations and conferences, preparing or publishing papers or books
          or  teaching  so  long  as  the

                                      -4-
<PAGE>
          Board  of  Directors  of  either  the  Company or the Bank approves in
          writing  of such activities prior to the Executive's engaging in them.

3.   TERM AND TERMINATION.
     ---------------------

     3.1  TERM.  This  Agreement  shall  remain  in  effect  for  the  Term.
          -----

     3.2  TERMINATION.  During  the  Term, the employment of the Executive under
          ------------
this Agreement may be terminated only as follows:

          3.2.1 By the Employer:

               (a)  In  the  event that the Bank fails to receive its regulatory
          charter,  or the Company fails to raise the necessary capital required
          to  open  the  Bank,  and  should the Company's or the Bank's Board of
          Directors  decide  to  forgo future efforts to open the Bank, in which
          event  the  Employer  shall  be  required  to  continue  to  meet  its
          obligation  to  the Executive under Section 4.1 for twelve (12) months
          following  the  effective  date  of  termination;

               (b)  For  Cause, upon written notice to the Executive pursuant to
          Section  1.5.1  hereof,  in  which  event  the  Employer shall have no
          further  obligation  to  the  Executive  except for the payment of any
          amounts  due  and  owing  under  Section  4  on  the effective date of
          termination;

               (c)  Without  Cause at any time, provided that the Employer shall
          give  the  Executive  thirty  (30)  days'  prior written notice of its
          intent  to terminate, in which event the Employer shall be required to
          continue  to  meet  its obligations to the Executive under Section 4.1
          for  thirty-six  (36)  months  following  the  effective  date  of
          termination;

               (d)  Upon  the  Disability of the Executive at any time, provided
          that  the  Employer  shall  give the Executive thirty (30) days' prior
          written notice of its intent to terminate, in which event, for six (6)
          months following the date of termination or until the Executive begins
          receiving  payments  under the Employer's long-term disability policy,
          whichever  occurs first, the Employer shall be required to continue to
          meet  its  obligation  to  the  Executive  under  Sections  4.1;  or

               (e)  In  the  event the primary regulators for the Company and/or
          the  Bank  fail  to  approve  the Executive's service as President and
          Chief  Executive  Officer of the Company and the Bank, in which event,
          the  Employer shall have no further obligation to the Executive except
          for  payment  of  any  amounts  due  and  owing under Section 4 on the
          effective  date  of  termination.

          3.2.2 By the Executive:

                                      -5-
<PAGE>
               (a)  For  Cause,  upon written notice to the Employer pursuant to
          Section 1.5.2 hereof, in which event the Employer shall be required to
          continue to meet its obligation to the Executive under Section 4.1 for
          thirty-six (36) months following the effective date of termination; or

               (b)  Without  Cause,  provided  that the Executive shall give the
          Employer  sixty  (60)  days'  prior  written  notice  of his intent to
          terminate,  in  which  event  the  Employer  shall  have  no  further
          obligation  to the Executive except for payment of any amounts due and
          owing  under  Section  4  on  the  effective  date  of  termination.

          3.2.3  At  any  time upon mutual, written agreement of the parties, in
     which  event the Employer shall have no further obligation to the Executive
     except  for  payments  of  any amounts due and owing under Section 4 on the
     effective  date  of  termination.

          3.2.4  Notwithstanding anything in this Agreement to the contrary, the
     Term shall end automatically upon the Executive's death, in which event the
     Employer  shall  have  no  further  obligation to the Executive's estate or
     beneficiaries except for payment of any amounts due and owing under Section
     4  on  the  effective  date  of  termination.

     3.3  CHANGE  OF  CONTROL.  If,  within six (6) months following a Change in
          --------------------
Control,  the  Executive  terminates his employment with the Employer under this
Agreement  for  Cause  or the Employer terminates Executive's employment without
Cause,  the  Executive,  or in the event of his subsequent death, his designated
beneficiaries  or  his  estate,  as the case may be, shall receive as liquidated
damages,  in  lieu of all other claims, a severance payment equal to two and one
half (2.5) times the Executive's then current Base Salary, to be paid in full on
the  last  day  of the month following the effective date of termination.  In no
event  shall  the  payment(s)  described  in  this Section 3.3 exceed the amount
permitted by Section 280G of the Internal Revenue Code, as amended (the "Code").
Therefore,  if  the  aggregate  present  value (determined as of the date of the
Change of Control in accordance with the provisions of Section 280G of the Code)
of  both  the  severance  payment and all other payments to the Executive in the
nature  of  compensation  which  are  contingent  on  a  change  in ownership or
effective  control  of  the  Company  or  the  Bank  or  in  the  ownership of a
substantial  portion  of  the  assets of the Company or the Bank (the "Aggregate
Severance") would result in a "parachute payment," as defined under Section 280G
of  the  Code,  then the Aggregate Severance shall not be greater than an amount
equal  to 2.99 multiplied by Executive's "base amount" for the "base period, "as
those  terms  are  defined  under  Section  280G  of the Code.  In the event the
Aggregate  Severance is required to be reduced pursuant to this Section 3.3, the
Executive  shall  be  entitled  to  determine  which  portions  of the Aggregate
Severance  are to be reduced so that the Aggregate Severance satisfies the limit
set  forth  in  the  preceding  sentence.  Notwithstanding any provision in this
Agreement, if the Executive may exercise his right to terminate employment under
this  Section  3.3  or  under  Section  3.2.2(a), the Executive may choose which
provision  shall  be  applicable.

     3.4  EFFECT  OF TERMINATION. Upon termination of the Executive's employment
          -----------------------
hereunder  for any reason, the Employer shall have no further obligations to the
Executive  or  the Executive's estate with respect to this Agreement, except for
the  payment  of  any  amounts

                                      -6-
<PAGE>
accrued  or  otherwise due and owing under Section 4 hereof and unpaid as of the
effective  date  of  the  termination  of  employment  and payments set forth in
Sections 3.2.1(a), (c) and (d), Section 3.2.2(a), or Section 3.3, as applicable.

4.   COMPENSATION. The Executive shall receive the following salary and benefits
     -------------
during the Term, except as otherwise provided below:

     4.1  BASE  SALARY.  As  of  the  Beginning  Date,  the  Executive  shall be
          -------------
compensated  at  an  annual  base  rate  of  $100,000  (the  "Base Salary"). The
obligation  for  payment of Base Salary shall be apportioned between the Company
and  the  Bank as they may agree from time to time in their sole discretion. The
Executive's  Base  Salary  shall  be  reviewed  by the Board of Directors of the
Company  and  the  Bank  at least annually following the Effective Date, and the
Executive  shall  be entitled to receive annually an increase in such amount, if
any,  as  may be determined by the Board of Directors of the Company or the Bank
based on their respective evaluation of the Executive's performance. Base Salary
shall  be  payable  in  accordance with the Employer's normal payroll practices.

     4.2  INCENTIVE  COMPENSATION.  The  Executive  shall be eligible to receive
          ------------------------
annual  bonus  compensation  (the "Annual Bonus") in an amount determined at the
discretion  of  the  Board  of  Directors  of the Company or the Bank up to five
percent  (5%)  of  the  net  profits of the Bank but not to exceed fifty percent
(50%)  of  his  then  current  Base  Salary.  Notwithstanding the foregoing, the
Executive  shall not be entitled to payment of the Annual Bonus for any calendar
year  in which the Employer does not have a CAMELS rating of 1 or 2 for the year
to  which  the  Annual  Bonus  relates.

     4.3  STOCK  OPTIONS.  As  soon  as  practicable  after  the Effective Date,
          ---------------
the  Company  will  establish  a  stock  incentive  plan  and  will grant to the
Executive  an  incentive stock option to purchase up to five percent (5%) of the
number of shares sold in Company's initial offering of its common stock for sale
at  an  exercise  price  of  $10.00 per share.  The option will be issued by the
Company  pursuant to the Company's stock incentive plan and subject to the terms
of  a  related  stock  option agreement.  The options will vest according to the
vesting  schedule  set  forth  in the applicable stock option agreement.  Upon a
Change  of Control, the option will become fully vested and exercisable, subject
to  any restrictions as may be imposed by the Employer's primary regulator.  The
option  shall  expire  generally  upon  the  earliest  of  (a)  three (3) months
following  the  Executive's termination of employment other than due to death or
disability; (b) one (1) year following the Executive's termination of employment
due  to  death  or  disability; or (c) the tenth anniversary of the option grant
date.

     4.4  AUTOMOBILE.  Beginning  as  of  the  Effective Date, the Employer will
          -----------
provide  the Executive with a monthly automobile allowance in an amount equal to
no  more  than  $500  per  month.

     4.5  BUSINESS  EXPENSES;  MEMBERSHIPS.  The  Employer  specifically  agrees
          ---------------------------------
to  reimburse  the  Executive  for:

                                      -7-
<PAGE>
               (a) reasonable and necessary business (including travel) expenses
          incurred  by  him  in the performance of his duties as approved by the
          Board  of  Directors  of  either  the  Company  or  the  Bank;

               (b)  the  reasonable  dues  and  business  related  expenditures
          associated  with membership in a local country club as selected by the
          Executive;  and

               (c)  the  reasonable  dues  and  business  related  expenditures
          associated with membership in civic, community, trade and professional
          associations,  as  are  mutually  agreed upon by the Executive and the
          Employer  and  are  commensurate  with  the  Executive's  position;

provided,  however,  that  the  Executive  shall,  as  a  condition  of  any
reimbursement,  submit verification of the nature and amount of such expenses in
accordance with reimbursement policies from time to time adopted by the Employer
and in sufficient detail to comply with rules and regulations promulgated by the
Internal Revenue Service.  The Executive acknowledges that the Employer has made
no  representations  concerning  the  taxability  or nontaxability of any of the
reimbursements  provided  for  in  this  Section.

     4.6  VACATION.  On  a non-cumulative basis, the Executive shall be entitled
          ---------
to three (3) weeks of vacation in each successive twelve-month period during the
Term,  during  which  his  compensation  shall be paid in full. Beginning on the
third  anniversary  of  the  Effective  Date,  the  Executive  will  receive one
additional day of vacation for each year of employment completed after the third
anniversary  of  the  Effective  Date,  provided;  however, that the Executive's
annual  vacation  may not exceed six (6) weeks in any twelve-month period during
the  Term.

     4.7  BENEFITS.  In  addition to the benefits specifically described in this
          ---------
Agreement,  the Executive shall be entitled to such benefits as may be available
from  time  to  time  to  executives  of  the Employer similarly situated to the
Executive.  All  such  benefits  shall be awarded and administered in accordance
with  the Employer's standard policies and practices. Such benefits may include,
by  way  of  example only, profit-sharing plans, retirement or investment funds,
family dental, family health, life and disability insurance benefits, sick leave
and  such  other  benefits  as  the  Employer  deems  appropriate.

     4.8  WITHHOLDING. The Employer may deduct from each payment of compensation
          ------------
hereunder  all  amounts  required to be deducted and withheld in accordance with
applicable  federal  and  state  income  tax,  FICA  and  other  withholding
requirements.

5.   EMPLOYER  INFORMATION.
     ----------------------

     5.1  OWNERSHIP  OF  EMPLOYER INFORMATION. All Employer Information received
          ------------------------------------
or  developed  by  the  Executive while employed by the Employer will remain the
sole  and  exclusive  property  of  the  Employer.

     5.2  OBLIGATIONS  OF  THE  EXECUTIVE.  The  Executive  agrees:
          --------------------------------

                                      -8-
<PAGE>
               (a)  to  hold  Employer  Information  in  strictest  confidence;

               (b)  not  to  use,  duplicate, reproduce, distribute, disclose or
          otherwise disseminate Employer Information or any physical embodiments
          of  Employer  Information;  and

               (c)  in any event, not to take any action causing or fail to take
          any action necessary in order to prevent any Employer Information from
          losing its character or ceasing to qualify as Confidential Information
          or  a  Trade  Secret.

In  the  event  that  the  Executive is required by law to disclose any Employer
Information,  the  Executive will not make such disclosure unless (and then only
to  the extent that) the Executive has been advised by independent legal counsel
that such disclosure is required by law and then only after prior written notice
is  given  to the Employer when the Executive becomes aware that such disclosure
has  been  requested and is required by law.  This Section 5 shall survive for a
period  of  twelve  (12)  months following termination of this Agreement for any
reason  with  respect to Confidential Information, and shall survive termination
of  this Agreement for any reason for so long as is permitted by applicable law,
with  respect  to  Trade  Secrets.

     5.3  DELIVERY  UPON  REQUEST  OR TERMINATION. Upon request by the Employer,
          ----------------------------------------
and  in  any  event  upon  termination  of his employment with the Employer, the
Executive  will  promptly  deliver to the Employer all property belonging to the
Employer,  including,  without  limitation, all Employer Information then in his
possession  or  control.

6.   NON-COMPETITION.  The  Executive  agrees  that during his employment by the
     ----------------
Employer  hereunder  and,  in  the  event  of  his  termination:

     .    by  the  Employer  for  Cause  pursuant  to  Section  3.2.1(b),
     .    by  the  Executive  without  Cause  pursuant  to  Section 3.2.2(b), or
     .    by  the  Executive  in connection with a Change of Control pursuant to
          Section  3.3,

for  a  period  of  twenty-four  (24)  months thereafter, or in the event of the
Executive's  termination  by  the  Employer  without  Cause  pursuant to Section
3.2.1(c),  for  thirty-six (36) months thereafter, he will not (except on behalf
of  or  with the prior written consent of the Employer), within the Area, either
directly  or  indirectly,  on  his  own behalf or in the service or on behalf of
others,  as an executive employee or in any other capacity which involves duties
and  responsibilities similar to those undertaken for the Employer (including as
an  organizer  or  proposed  executive  officer of a new financial institution),
engage  in  any  business  which  is  the same as or essentially the same as the
Business  of  the  Employer.

7.   NON-SOLICITATION  OF  CUSTOMER.  The  Executive  agrees  that  during  his
     -------------------------------
employment by the Employer hereunder and, in the event of his termination:

     .    by  the  Employer  for  Cause  pursuant  to  Section  3.2.1(b),
     .    by  the  Executive  without  Cause  pursuant  to  Section 3.2.2(b), or
     .    by  the  Executive  in connection with a Change of Control pursuant to
          Section  3.3,

                                      -9-
<PAGE>
for  a  period  of  twenty-four  (24)  months thereafter, or in the event of the
Executive's  termination by Employer without Cause pursuant to Section 3.2.1(c),
for  thirty-six (36) months thereafter, he will not (except on behalf of or with
the  prior  written consent of the Employer), within the Area, on his own behalf
or  in  the  service  or  on behalf of others, solicit, divert or appropriate or
attempt  to  solicit,  divert  or  appropriate,  any  business  from  any of the
Employer's  customers,  including  prospective  customers actively sought by the
Employer,  with  whom  the Executive has or had material contact during the last
two  (2) years of his employment, for purposes of providing products or services
that  are  competitive  with  those  provided  by  the  Employer.

8.   NON-SOLICITATION  OF  EMPLOYEES.  The  Executive  agrees  that  during  his
     --------------------------------
employment by the Employer hereunder and, in the event of his termination:

     .    by  the  Employer  for  Cause  pursuant  to  Section  3.2.1(b),
     .    by  the  Executive  without  Cause  pursuant  to  Section 3.2.2(b), or
     .    by  the  Executive  in connection with a Change of Control pursuant to
          Section  3.3,

for  a  period  of  twenty-four  (24)  months thereafter, or in the event of the
Executive's  termination  by  the  Employer  without  Cause  pursuant to Section
3.2.1(c),  for  thirty-six (36) months thereafter, he will not, within the Area,
on  his own behalf or in the service of or on behalf of others, solicit, recruit
or  hire  away  or attempt to solicit, recruit or hire away, any employee of the
Employer,  whether  or  not:

     .    such  employee  is a full-time employee or a temporary employee of the
          Employer,
     .    such  employment  is  pursuant  to  written  agreement,  or
     .    such  employment  is  for  a  determined  period  or  is  at  will.

9.   REMEDIES.  The  Executive  agrees  that the covenants contained in Sections
     ---------
5 through 8 of this Agreement are of the essence of this Agreement; that each of
the covenants is reasonable and necessary to protect the business, interests and
properties  of  the  Employer,  and  that  irreparable  loss  and damage will be
suffered  by the Employer should he breach any of the covenants.  Therefore, the
Executive  agrees and consents that, in addition to all the remedies provided by
law  or  in  equity,  the  Employer shall be entitled to a temporary restraining
order  and  temporary  and  permanent  injunctions  to  prevent  a  breach  or
contemplated  breach  of  any  of the covenants.  The Employer and the Executive
agree  that  all  remedies  available  to  the  Employer  or  the  Executive, as
applicable,  shall  be  cumulative.

10.  SEVERABILITY.  The  parties  agree  that each of the provisions included in
     -------------
this  Agreement is separate, distinct and severable from the other provisions of
this  Agreement  and  that  the  invalidity or unenforceability of any Agreement
provision shall not affect the validity or enforceability of any other provision
of this Agreement.  Further, if any provision of this Agreement is ruled invalid
or  unenforceable  by  a court of a competent jurisdiction because of a conflict
between  the  provision  and  any applicable law or public policy, the provision
shall  be  redrawn  to  make  the  provision  consistent  with,  and  valid  and
enforceable  under,  the  law  or  public  policy.

                                      -10-
<PAGE>
11.  NO  SET-OFF  BY  THE  EXECUTIVE. The existence of any claim, demand, action
     --------------------------------
or cause of action by the Executive against the Employer whether predicated upon
this  Agreement  or otherwise, shall not constitute a defense to the enforcement
by the Employer of any of its rights hereunder.

12.  NOTICE.  All  notices  and  other  communications  required  or  permitted
     -------
under  this  Agreement shall be in writing and shall be delivered by hand or, if
mailed,  shall  be  sent  via  the United States Postal Service, certified mail,
return  receipt requested or by overnight courier.  All notices hereunder may be
delivered  by  hand  or  overnight  courier,  in which event the notice shall be
deemed  effective  when  delivered.  All  notices and other communications under
this  Agreement shall be given to the parties hereto at the following addresses:

               (i)  If to the Company, to it at:

                    P. O. Box 3770
                    Auburn, AL 36831-3770

               (ii) If to the Bank, to it at:

                    P. O. Box 3770
                    Opelika, AL 36831-3770

              (iii) If to the Executive, to him at:

                    2723 West Point Parkway
                    Opelika, AL 36803

Any  party  hereto  may  change  his  or  its address by advising the others, in
writing,  of  such  change  of  address.

13.  ASSIGNMENT.  Neither  party  hereto  may  assign or delegate this Agreement
     -----------
or  any  of  its rights and obligations hereunder without the written consent of
the  other  party  to  this  Agreement.

14.  WAIVER.  A  waiver  by  one  party  to this Agreement of any breach of this
     -------
Agreement  by the other party to this Agreement shall not be effective unless in
writing,  and no waiver shall operate or be construed as a waiver of the same or
another  breach  on  a  subsequent  occasion.

15.  ARBITRATION.  Any  controversy  or claim arising out of or relating to this
     ------------
contract,  or  the  breach  thereof,  shall be settled by binding arbitration in
accordance  with  the  Commercial  Arbitration Rules of the American Arbitration
Association.  Judgment  upon the award rendered by the arbitrator may be entered
only  in  a  state court of Lee County, Alabama, or federal court for the Middle
District  of  Alabama. The Employer and the Executive agree to share equally the
fees  and  expenses  associated  with  the  arbitration  proceedings.

16.  ATTORNEY'S  FEES.  In  the  event  that the parties have complied with this
     -----------------
Agreement  with respect to arbitration of disputes and litigation ensues between
the  parties  concerning  the

                                      -11-
<PAGE>
enforcement  of  an  arbitration  award, the party prevailing in such litigation
shall  be  entitled  to  receive  from  the other party all reasonable costs and
expenses,  including  without  limitation  attorneys'  fees,  incurred  by  the
prevailing  party  in connection with such litigation, and the other party shall
pay  such costs and expenses to the prevailing party promptly upon demand by the
prevailing  party.

17.  APPLICABLE LAW. This Agreement shall be construed and enforced under and in
     ----------------
accordance with the laws of the State of Alabama.

18.  INTERPRETATION.  Words  importing  any  gender  include  all genders. Words
     ---------------
importing  the singular form shall include the plural and vice versa.  The terms
"herein",  "hereunder", "hereby", "hereto", "hereof" and any similar terms refer
to  this  Agreement.  Any captions, titles or headings preceding the text of any
article,  section  or  subsection herein are solely for convenience of reference
and  shall  not  constitute  part  of  this  Agreement  or  affect  its meaning,
construction  or  effect.

19.  ENTIRE AGREEMENT. This Agreement embodies the entire and final agreement of
     -----------------
the  parties  on  the  subject  matter stated in this Agreement. No amendment or
modification  of  this  Agreement shall be valid or binding upon the Employer or
the  Executive  unless  made  in  writing  and signed by both parties. All prior
understandings  and  agreements relating to the subject matter of this Agreement
are  hereby  expressly  terminated.

20.  RIGHTS  OF  THIRD PARTIES. Nothing herein expressed is intended to or shall
     --------------------------
be  construed  to confer upon or give to any person, firm or other entity, other
than  the  parties  hereto  and  their permitted assigns, and rights or remedies
under  or  by  reason  of  this  Agreement.

21.  SURVIVAL.  The obligations of the Executive pursuant to Sections 5, 6, 7, 8
     ---------
and 9 shall survive the termination of the employment of the Executive hereunder
for the period designated under each of those respective sections.

22.  JOINT  AND  SEVERAL.  The  obligations  of  the Company and the Bank to the
     --------------------
Executive hereunder shall be joint and several.

                  [Remainder of Page Intentionally Left Blank]

                                      -12-
<PAGE>
IN  WITNESS  WHEREOF, the Employer and the Executive have executed and delivered
this Agreement as of the date first shown above.

                              LEE COUNTY BANCSHARES, INC.

                              By:  ________________________________
                                   Signature
                              Print Name:__________________________
                              Title: ______________________________

                              FIRST NATIONAL BANK OF LEE COUNTY

                              By:  ________________________________
                                   Signature
                              Print Name:__________________________
                              Title: ______________________________

                              MICHAEL P. GUY

                              _____________________________________
                              Date:________________________________

                                      -13-
<PAGE>
                                    EXHIBIT A
                                    ---------

                         INITIAL DUTIES OF THE EXECUTIVE

                      PRESIDENT AND CHIEF EXECUTIVE OFFICER
                      -------------------------------------

Function:

Has overall responsibility for the leadership of the organization in all aspects
of  its  activities  to  insure  safety  and  soundness,  maximize return to the
shareholders,  and  meet  the needs of its various constituencies (shareholders,
board of directors, customers, employees, regulators, and communities).

Principal  Accountabilities:
----------------------------

     1.   Develops  and  implements the overall business strategy of the Company
          and  the  Bank,  their culture and mission statements. Responsible for
          the  planning,  implementation and control of long-term and short-term
          goals,  as  well  as  strategic  plans.

     2.   Provides  leadership  and  direction  in  establishing,  implementing,
          monitoring,  and  achieving  the  annual  business  plan.

     3.   Oversees  employee  selection,  training, professional development and
          performance  at  all  levels  within the Company and the Bank. Ensures
          each  employee  has  clarity  of  job  responsibilities  and  defined
          standards  and  goals.

     4.   Oversees the selection of independent service providers, including but
          not  limited  to  attorneys,  accountants,  auditors  and consultants.

     5.   Provides  leadership  in  establishing overall policies and procedures
          such  as  credit policy, investment policy, risk tolerance levels, and
          operational  procedures.

     6.   Works  closely  with the Chief Financial Officer to insure appropriate
          financial  reporting  and  that  proper  accounting  procedures  are
          utilized.

     7.   Works  closely  with  the Senior Lending Officer to monitor quality of
          loan  portfolio  and that loans comply with the Bank's lending policy.

     8.   Provides active leadership in the development and implementation of an
          effective CRA program including active involvement in ascertaining the
          communities'  credit  needs.

     9.   Originates  and approves loans, acting within the approved loan limits
          and  guidelines  approved  by  the  board  of  directors.

                               Exhibit A - 1 of 2
<PAGE>
     10.  Participates  actively  in  community  and  civic  activities so as to
          create a positive public perception of the Company and the Bank. Also,
          is actively involved in business development activities to solicit and
          maintain  sufficient business to meet and/or exceed established goals.

     11.  Responsible  for  maintaining  sound  relationships  with  the various
          regulatory  agencies  and managing the Company and the Bank to meet or
          exceed  all  regulatory  guidelines.

                               Exhibit A - 2 of 2
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00055-of-00352.parquet"}]]