Document:

EXHIBIT 10.7
                                                                    ------------

                               EMPLOYMENT CONTRACT
                              TERMINATION AGREEMENT

     THIS  AGREEMENT  (this "Agreement") is entered into as of September 1, 2001
by  and  between  C.  LARRY  WILKINSON,  a  resident  of  the  State  of Georgia
("Executive"),  and PAB BANKSHARES, INC., a Georgia corporation (the "Company").

     WHEREAS,  Executive  and  the  Company entered into that certain Employment
Agreement  dated  as  of  January  1,  1999  ("the  "Employment  Agreement");

     WHEREAS,  Executive  and  the  Company  entered  into that Executive Salary
Continuation  Agreement  dated  as  of January 1, 1994, as amended by that First
Amendment  to Executive Salary Continuation Agreement dated as of March 20, 1995
(collectively,  the  "Salary  Continuation  Agreement");

     WHEREAS,  Executive  and the Company have entered in to an Option Agreement
relating  to  the  grant  of options to purchase 61,000 shares of Company common
stock  (the "Option Shares") pursuant to the 1994 Employee Stock Option Plan and
the  1999  Stock  Option  Plan;

     WHEREAS,  the  Company and Employee have agreed to terminate the Employment
Agreement;  and,

     WHEREAS,  Executive  and the Company now desire to terminate the Employment
Agreement.

     NOW,  THEREFORE,  in  consideration  of the promises and premises contained
herein and other good and valuable consideration, the receipt and sufficiency of
which  are  hereby  acknowledged,  the  parties  do  hereby  agree  as  follows:

     1.     TERMINATION  OF  EMPLOYMENT  AGREEMENT.  The  Company  and Executive
            --------------------------------------
hereby agree that, as of the date of this Agreement, the Employment Agreement is
and,  for  all  purposes  whatsoever,  shall  be  deemed terminated and shall no
further force or effect, provided, however, the covenants of Executive contained
                         --------  -------
in  Section  9  of  the Employment Agreement (the "Restrictive Covenants") shall
continue  through  the  date of the last payment to Executive by Company and are
hereby  incorporated  into  this  Agreement  for  all  purposes.

     2.     TERMINATION  OF  EMPLOYMENT.  The Company and Executive hereby agree
            ----------------------------
that  the  Executive's employment with the Company is terminated effective as of
the  date  of  this  Agreement.  Further, Executive resigns as an officer of the
Company  and as a member of the board of directors of any subsidiary bank of the
Company.

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     3.     COMPENSATION.
            -------------

     (a)     From  and after the date of this Agreement and so long as Executive
does  not  violate  any  of the Restrictive Covenants, the Company agrees to pay
Executive  his current salary and benefits through December 31, 2001 and further
allows  Executive to continue to use the 2000 Chevrolet Tahoe through such date.
Commencing  January  1, 2002, the Company agrees to pay the Executive $17,380.00
per  month  and  continue  his  health  and  life insurance benefits through and
including  December, 2004.  The Company agrees to allow Executive to participate
in the 401 K match funding from the date of this Agreement through and including
December,  2004.

     (b)     The  Company  and  Executive agree that the annual benefit level of
Executive  under  the  Salary  Continuation Plan as of December 31, 2004 will be
$86,120  (the "Annual Retirement Payment Amount") and that the Annual Retirement
Payment  Amount  will  be  paid  in equal monthly installments commencing on the
first  day  of  August,  2011 and the first day of each month thereafter for 180
months.

     (c)     Executive  may  exercise his option to purchase all optioned shares
in  whole  or in part regardless of expiration date noted on Exhibit "A", at any
time  prior  to  January  1,  2007  at the per share price shown on Exhibit "A".

     (d)     In  the  event  of Executive's death prior to the date on which the
Company  has  satisfied  all of its obligations under subsections (a) and (b) of
this  Section  3, the Company agrees to continue all such payments by making all
remaining  payments  to  Executive's  estate on the same terms and conditions as
they  would  have  been  made  to  Executive.

     4.     SETTLEMENT.  This  Agreement  is  in  full settlement of any and all
            ----------
claims  Executive may assert arising from or related to the Employment Agreement
or  Executive's  employment  with  the  Company or any person or entity owned or
controlled  by,  or  under common control with, or otherwise affiliated with the
Company (the "Related Parties"), during the term of the Employment Agreement and
through  the  date  hereof, including but not limited to claims for any expenses
incurred  by Executive and claims for any reimbursements due from the Company to
Executive.

     5.     RELEASE  AND WAIVER BY EXECUTIVE; REPRESENTATIONS AND WARRANTIES. In
            ----------------------------------------------------------------
exchange  for  the consideration provided by the Company to Executive, Executive
hereby  voluntarily,  irrevocably,  fully, and completely RELEASES, ACQUITS, AND
FOREVER DISCHARGES the Company and the Related Parties, from any and all claims,
complaints,  liabilities,  obligations,  promises,  agreements,  controversies,
damages,  actions,  causes  of  action,  suits,  rights, demands, costs, losses,
debts,  and  expenses  of any nature whatsoever (whether known or unknown) which
Executive ever had, may have, or now has arising from or related to, directly or
indirectly, the Employment Agreement or otherwise to Executive's employment with
the  Company  or  any  of  the Related Parties during the term of the Employment
Agreement  and  through  the date hereof, including, but not limited to benefits
under  any  and  all  bonus,  severance,  workforce reduction, early retirement,
outplacement,  or  any  other  similar plan sponsored by the Company through the

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date  hereof.  Executive  specifically  waives  any right, power or privilege to
severance  compensation  detailed in or resulting from the Employment Agreement.
In  addition,  Executive  acknowledges  that  this  Agreement constitutes a full
ACCORD  AND SATISFACTION of all claims covered by the release provisions of this
paragraph.

     Executive represents and warrants that as of the date hereof, Executive has
no  basis  for  any claim and further waives any right to assert a claim against
the  Company for (i) violation of Title VII of the Civil Rights Act of 1964, the
Age  Discrimination  in  Employment Act, the Fair Labor Standards Act, the Civil
Rights  Act of 1991, the Americans With Disabilities Act, the Equal Pay Act, the
Civil  Rights Act of 1866, 42 U.S.C. 1981, the Family and Medical Leave Act, the
Labor  Management  Relations  Act,  the  National  Labor  Relations  Act,  the
Consolidated  Omnibus  Budget  Reconciliation  Act  of  1985,  or  the Executive
Retirement  Income  Security  Act, (ii) violations of any other federal or state
statute  or  regulation  or  local  ordinance,  (iii)  lost  or  unpaid  wages,
compensation,  or other benefits claims under state law, defamation, intentional
infliction  of  emotional  distress, negligent infliction of emotional distress,
bad faith action, slander, assault, battery, wrongful or constructive discharge,
negligent  hiring,  retention  and/or  supervision,  fraud,  misrepresentation,
conversion,  tortious  interference  with  property, negligent investigation, or
(iv)  any  other  claims  under  state  law  arising  in  tort  or  contract.

     6.     LIMITED  RELEASE  BY THE COMPANY.  In exchange for the consideration
            --------------------------------
provided  by Executive to the Company by his execution of this Agreement, except
for  and  without waiving any right, power or privilege of the Company contained
in  this  Agreement,  the  Restrictive  Covenants  and  the  Salary Continuation
Agreement,  each  of  the  Company  and  all Related Parties hereby voluntarily,
irrevocably,  fully  and  completely  RELEASES,  ACQUITS, and FOREVER DISCHARGES
Executive  from  any  and  all  claims,  complaints,  liabilities,  obligations,
promises, agreements, controversies, damages, actions, causes of actions, suits,
rights,  demands,  costs,  losses,  debts, and expenses of any nature whatsoever
(whether  known or unknown) which the Company or any Related Party ever had, may
have,  or  now  has,  arising  from  or  related to, directly or indirectly, the
Employment  Agreement or otherwise to Executive's employment with the Company or
any  of  the  Related  Parties  during  the term of the Employment Agreement and
through  the  date  hereof.

     7.     INDEMNIFICATION.  The  Company  shall defend and indemnify Executive
            ---------------
for  any claims brought against Executive for any actions taken by him that were
within  the scope of his employment while an employee of the Company.  Executive
agrees  to  participate  in the defense of any claim brought against the Company
related  to any of his actions on behalf of the Company during his employment or
for  which  he has knowledge as a result of his employment with the Company.  To
the  extent  the Company requires Executive to participate in the defense of any
such  claim,  it  will  reimburse Executive for any and all reasonable expenses,
including  travel  expenses,  incurred  by  him.

     8.     ENTIRE  AGREEMENT,  MODIFICATION.  This  Agreement  represents  the
            ---------------------------------
entire  agreement  between the parties with respect to the subject matter hereof
and supersedes all other negotiations and agreements, written or verbal, between
the  parties relating to the matters contemplated hereby. This Agreement may not
be  amended,  waived  or changed orally, but only in a writing that is signed by

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both  parties  and  that  states specifically that it is intended to modify this
Agreement.

     9.     WAIVER. No failure or delay by either party in exercising any right,
            ------
power  or  privilege  under this Agreement shall operate as a waiver thereof and
any  written waiver in one or more instances shall not be deemed to be a further
or  continuing  waiver  of  any  such  right,  power  or  privilege.

     10.     SUCCESSORS  AND ASSIGNS.  This Agreement shall inure to the benefit
             -----------------------
of  and  be  binding  upon  the  Company,  its  successors  and assigns, and any
corporation  with  which  the  Company  may merge or consolidate or to which the
Company  may  sell  its assets, and Executive and his executors, administrators,
heirs,  legatees,  administrators,  and  personal  representatives.

     11.     SEVERABILITY.  If any provisions of this Agreement shall be held to
             ------------
be  invalid  or  unenforceable,  such  invalidity  or unenforceability shall not
affect  or  impair the validity or enforceability of the remaining provisions of
this  Agreement,  which  shall  remain  in full force and effect and the parties
hereto  shall  continue  to  be  bound  thereby.

     12.     HEADINGS.  The  section  headings  in  this  Agreement  are  for
             --------
convenience  only;  they form no part of this Agreement and shall not affect its
interpretation.

     13.     GOVERNING  LAW.  This Agreement shall be construed and its validity
             --------------
determined  by  the  laws  of  the  State  of  Georgia.

     14.     COUNTERPARTS.  This  Agreement  may  be  executed  in  separate
             ------------
counterparts  and  shall  be  fully  executed when each party whose signature is
required  has  signed  at  least one counterpart, even though no one counterpart
contains  the  signatures  of  all  parties.

     15.     ACKNOWLEDGMENT.     Executive  hereby represents and warrants that:
             --------------

     (a)     Executive  has  CAREFULLY READ THIS AGREEMENT AND FULLY UNDERSTANDS
             ALL  OF  THE  PROVISIONS  OF  THIS  AGREEMENT;

     (b)     Executive has had an OPPORTUNITY TO CONSULT WITH AN ATTORNEY OF HIS
             CHOICE AS TO THE TERMS OF THIS AGREEMENT to the full extent that he
             desired  before  signing  this  Agreement;

     (c)     Executive  understands that any further employment with the Company
             or  any  of  the  Related  Parties  shall be an employment at will;

     (d)     Executive  understands  that  this  Agreement  FOREVER RELEASES the
             Company  from  any  legal  action  related  to  or arising from the
             Employment  Agreement  prior  to  the  date  of  execution  of this
             Agreement;

     (e)     In  signing  this  Agreement, Executive DOES NOT RELY ON NOR HAS HE

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             RELIED  ON  ANY  REPRESENTATION  OR STATEMENT (WRITTEN OR ORAL) NOT
             SPECIFICALLY  SET  FORTH IN THIS AGREEMENT by the Company or by any
             of  the Company's agents, representatives, or attorneys with regard
             to  the  subject  matter,  basis,  effect  of  this  Agreement  or
             otherwise;  and

     (f)     Executive  was not coerced, threatened, or otherwise forced to sign
             this Agreement, and Executive is VOLUNTARILY SIGNING AND DELIVERING
             THIS  AGREEMENT  of  his  own  free  will,  and that each signature
             appearing  hereafter  is  genuine.

     IN WITNESS WHEREOF, the undersigned have signed and executed this Agreement
as  an  expression  of  their  intent to be bound by the foregoing terms of this
Agreement.

                                            EXECUTIVE:

                                            /s/  C.  Larry  Wilkinson
                                            ------------------------------------
                                Name:       C.  Larry  Wilkinson
                                Address:    3327  Bellmeade  Drive
                                            Valdosta,  Georgia  31605

                                            COMPANY:

                                            PAB  BANKSHARES,  INC.

                                By:         /s/  Michael  Ricketson
                                            ------------------------------------
                                Name:       Michael  Ricketson
                                Title:      President
                                Address:    3102 North Oak Street Extension
                                            Valdosta,  Georgia  31602

                                Attest:     /s/  R.  Bradford  Burnette
                                            ------------------------------------
                                            R. Bradford Burnette
                                            Chairman and Chief Executive Officer

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<PAGE>EXHIBIT 10.8
                                                                    ------------

                              EMPLOYMENT AGREEMENT

     THIS EMPLOYMENT AGREEMENT (this "Agreement"), made and entered this the
24th  day of October, 2001 by and between Jay Torbert, a resident of the State
of Georgia (the "Employee") and The Park Avenue Bank and PAB Bankshares, a bank
and bank holding company organized under the laws of the laws of the State of
Georgia  ("Bank")

                              W I T N E S S E T H:

     WHEREAS, the board of directors of Bank (the "Board of Directors") desires
Bank to employ the Employee, and the Employee desires to be employed by Bank, on
the terms and conditions set forth in this Agreement.

     NOW, THEREFORE, in consideration of the employment of the Employee by Bank,
of the premises and the mutual promises and covenants contained herein, and of
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto, intending to be legally bound, agree as
follows:

     1.   Employment.  Bank hereby employs the Employee, and the Employee
          ----------
hereby accepts such employment, on the terms and conditions set forth in this
Agreement.  The Employee represents and warrants that he is not a signatory to,
or otherwise bound by, any agreement that would prevent or materially impair his
ability to accept and perform the employment duties contemplated by this
Agreement.

     2.   Term.  Subject to the provisions of Sections 10 and 12 of this
          ----
Agreement, the period of Employee's employment under this Agreement (the "Term")
shall be deemed to have commenced as of August 30, 2001, and shall continue
until December 31, 2003 unless earlier terminated as provided herein.  The Term
shall be extended for an additional twelve (12) full calendar months terms
without further action by the parties, commencing on January 1, 2004 and

                              Employment Agreement
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<PAGE>
the first day of each January thereafter. No extension shall occur if either
party shall, at least ninety (90) days prior to January 1, 2004 or, if the Term
is otherwise extended, at least ninety (90) days prior to the first day of each
January thereafter, have served written notice upon the other of its intention
that this Agreement shall not be so extended.

     3.   Duties, Authority, Status and Responsibilities.  The Employee shall
          ----------------------------------------------
serve in the capacity or capacities and shall have the duties and
responsibilities set forth in Section A of Appendix I attached hereto and such
other duties and responsibilities consistent therewith as may be determined from
time to time by the Chief Executive Officer of Bank.  During the Term, the
Employee shall devote his full time and best efforts during normal business
hours to the business and affairs of Bank except for vacations, illness or as
otherwise agreed to by the Chief Executive Officer and the Employee.

     4.   Place of Performance.  The Employee shall be based and shall perform
          --------------------
his duties at the offices of Bank located in Lowndes County, Georgia.

     5.   Compensation.
          ------------

          (a)  Base Salary. Subject to Section 10, during the Term, the
               -----------
Employee shall receive from Bank the annual base salary set forth in Section B
of Appendix I attached hereto (as in effect from time to time, the ("Base
Salary").   The Base Salary shall be payable in regular installments in
accordance with the customary Employee payroll practices of Bank.  The Chief
Executive Officer and the Board of Directors shall review the Employee's Base
Salary annually and in their sole discretion may adjust the Employee's Base
Salary from year to year during the term of this Agreement.  The annual
compensation adjustment, (regardless of form), will be determined after taking
into account, among other things, changes in the cost of living, Employee's
performance and the performance of Bank.

                              Employment Agreement
                                     Page 2

<PAGE>
          (b)  Incentive Compensation. In addition to Base Salary and
               ----------------------
subject to Section 10, with respect to each fiscal year of Bank during the Term,
the Employee shall be eligible to earn incentive or bonus compensation (the
"Bonus") as determined by the Board of Directors from time to time.

     6.   Expenses.  During the Term, the Employee shall be entitled to
          --------
receive from Bank prompt reimbursement for all reasonable travel and business
expenses incurred by him (in accordance with the policies and procedures
established by the Board of Directors from time to time for Bank's officers) in
performing services hereunder, upon presentation of expense statements or
vouchers and such other information as Bank may reasonably require.

     7.   Employee Benefits.
          -----------------

          (a)  General. The Employee shall be entitled to participate in all
               -------
Employee benefit plans, programs and arrangements of Bank now or hereafter made
available to employees of Bank, as such plans, programs and arrangements may be
in effect from time to time.  Without limiting the foregoing, during the Term,
the Employee shall enjoy the benefits described in Section C of Appendix I
attached hereto.   Bank shall indemnify the Employee and hold the Employee
harmless from and against any claim, loss or cause of action arising from or out
of the Employee's performance as an officer, director or Employee of Bank to the
maximum extent permitted by law and the certificate of incorporation and by-laws
of Bank, except in cases where such performance constitutes fraud, gross
negligence, criminal conduct or a violation of any law, governmental regulation
or course of dealing generally accepted in the industry.

          (b)  Vacations. The Employee shall be entitled to annual vacations
               ---------
in accordance with Bank's vacation policies in effect from time to time for
employees of Bank.  The Employee shall also be entitled to all paid holidays and
personal days given by Bank to employees.

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<PAGE>
     8.   Stock Options.   The Employee is granted  an option to purchase the
          -------------
number of shares of common stock in Bank, set forth in Section D of Appendix I
(the "Options"). The Options and any future Options granted by the Board of
Directors shall be exercisable in the manner (in whole or in part from time to
time) and at the price as established by the Board of Directors; provided
                                                                 --------
however, if either (i) a Change in Control has occurred as set forth in Section
-------
12 of this Agreement; or, (ii) this Agreement is terminated by Bank at any time
for any reason other than for Cause, as defined in Section 10 herein, all
Options not previously vested shall vest 100% on the date of such event.

     9.   Restrictive Covenants and Confidentiality.
          -----------------------------------------

     (a)  Non-competition and Non-solicitation.
          ------------------------------------

          (i)     For a period commencing with the date hereof and ending the
later of six  (6) months after the Employee is no longer employed by Bank or any
affiliate of Bank or the date the Employee is no longer receiving the payment of
his Base Salary pursuant to Section 10(e) of this Agreement  (the "Restricted
Period"), the Employee shall not, and shall not permit any person subject to his
direction or control to, directly or indirectly, anywhere within Lowndes County
in the State of Georgia (the "Territory"), engage in the business of banking or
the origination of commercial, real estate or consumer loans (the "Business")
or, whether alone or in association with others, as principal, officer, agent,
employee, director or stockholder of any corporation, partnership, association
or other entity, or through the investment of capital, lending of money or
property or rendering of services.

          (ii)     During the Restricted Period, the Employee shall not, and
shall not permit any of his respective affiliates, employees, agents or others
under his control who are engaged in the Business to, directly or indirectly, on
their own behalf or on behalf of any other person, (A) call on any customer of
Bank located in the Territory who was serviced by the Employee during

                              Employment Agreement
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<PAGE>
the Term for the purpose of soliciting the banking deposits or loans of such
customer of Bank, (B) otherwise divert or attempt to divert any business from
Bank or any of its affiliates operating in the Territory, (C) interfere with the
business relationships between Bank and any of its affiliates operating in the
Territory, on the one hand, and any of its respective customers or others with
whom they have business relationships, on the other hand, or (D) recruit or
otherwise solicit or induce, or enter into or participate in any plan or
arrangement to cause, any person who is an employee of, or otherwise performing
services for, Bank or any of its affiliates to terminate his or her employment
or other relationship with Bank or such affiliate, hire any person who has left
the employ of Bank or any of its affiliates during the preceding twelve months,
or hire any person who is or has been an Employee officer of Bank or any of its
affiliates at any time.

          (iii)     The Employee shall not at any time, directly or indirectly,
use or purport to authorize any person to use any name, mark, logo, or other
identifying words or images which are the same as or similar to those used
currently or in the past by Bank or any of its affiliates in connection with any
product or service, whether or not such use would be in a business competitive
with that of Bank or any affiliate of Bank.

          (iv)     The ownership or control of up to five percent of the
outstanding voting securities or securities of any class of a Bank with a class
of securities registered under the Securities Exchange Act of 1934, as amended,
shall not be deemed to be a violation of the provisions of this Section 9(a).

     (b)  Confidential Information.
          ------------------------

          (i)     The Employee acknowledges that in the course of his employment
pursuant to this Agreement, he has had and is expected to continue to have
extensive contact with customers of Bank and its affiliates, and to have
knowledge of and access to trade secrets and other proprietary and confidential
information of Bank and its affiliates, including, without

                              Employment Agreement
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<PAGE>
limitation, the identity of customers and suppliers and other persons with whom
Bank and its affiliates have business relationships, technical information,
knowhow, plans, specifications, and information relating to the financial
condition, results of operations, employees, products, products under
development, inventions, sources, leads or methods of obtaining new products or
business, pricing formulae, methods or procedures, cost of services and
marketing strategies of Bank or its affiliates or any other information relating
to Bank or its affiliates that could reasonably be regarded as confidential or
proprietary or which is not available to the public (collectively, the
"Confidential Information"), and that such information, even to the extent it
may be or have been developed or acquired by or through the efforts of the
Employee, constitutes valuable, special and unique assets of Bank and its
affiliates developed or acquired at great expense which are the exclusive
property of Bank and its affiliates.

          (ii)     Employee agrees not to use, disclose or exploit, after
leaving Bank's employ, Confidential Information (as defined in the preceding
subsection) relating to the business of Bank (whether constituting a trade
secret or not) which is or has been disclosed to Employee or of which Employee
became aware as a consequence of or through his relationship to Bank and which
has value to Bank and is not generally known to its competitors.  However, such
confidential data and information shall not include any data or information that
has been voluntarily disclosed to the public by Bank (except where such public
disclosure has been made by Employee without authorization) or that has been
independently developed and disclosed by others, or that otherwise enters the
public domain through lawful means.

          (iii)     Without limiting the generality of the foregoing, the
Employee shall not,  after leaving Bank's employ, directly or indirectly,
disclose or otherwise make known to any person the names or addresses of any of
the customers of Bank or its affiliates, whether such persons are customers as
of the Effective Date or become such in the future and whether or not

                              Employment Agreement
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<PAGE>
such persons have previously conducted business with the Employee in any
capacity, or any information as to Bank's Employees and others providing
services to Bank or its affiliates, including with respect to their abilities,
compensation, benefits and other terms of employment or engagement.

          (iv)     Upon the termination of the Employee's employment with Bank,
the Employee shall promptly deliver to Bank all customer files, correspondence,
manuals, notes, notebooks, reports and copies thereof, and all other materials
relating to Bank's business, including without limitation any materials
incorporating Confidential Information, which are in the possession or control
of the Employee.

          (v)     The Employee acknowledges that Bank would not enter into this
Agreement without the assurances provided above with respect to the Confidential
Information of Bank and its affiliates.  After expiration of the Term,
Confidential Information for purposes of this Agreement shall be deemed not to
include information which is generally available to the public, other than as a
result of a breach by any person of an obligation of confidentiality.

     (c)  Continuing Obligations.  The Employee acknowledges that Bank would
          ----------------------
be irreparably banned and that monetary damages would not provide an adequate
remedy to it in the event the covenants contained in subsections (a) and (b) of
this Section 9 were not complied with in accordance with their terms.
Accordingly, the Employee agrees that any breach or threatened breach by him or
her of any provision of subsections (a) and (b) of this Section 9 shall entitle
Bank to injunctive and other equitable relief to secure the enforcement of these
provisions, in addition to any other remedies which may be available to it and
it shall be entitled to receive from the Employee reimbursement for all
attorneys' fees and expenses incurred by it in enforcing these provisions
(unless one of them is not the substantially prevailing party in any legal
action brought for such purposes).  In addition to its other rights and
remedies, Bank shall have the right

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<PAGE>
to require the Employee to account for and pay over to it all compensation,
profits, money, accruals and other benefits derived or received, directly or
indirectly, by the Employee from any action constituting a breach of subsection
(a) or subsection (b) of this Section 9. It is the desire and intent of the
parties that the provisions of this Section 9 be enforced in full; however, if
any provisions of this Section 9 relating to the time period, scope of
activities or geographic area of restrictions is declared by a court of
competent jurisdiction to exceed the maximum permissible time period, scope of
activities or geographic area, the maximum time period, scope of activities or
geographic area, as the case may be, shall be reduced to the maximum which such
court deems enforceable. If any provisions of this Section 9 other than those
described in the preceding sentence are adjudicated to be invalid or
unenforceable, the invalid or unenforceable provisions shall be deemed amended
(with respect only to the jurisdiction in which such adjudication is made) in
such manner as to render them enforceable and to effectuate as nearly as
possible the original intentions and agreement of the parties.

     (d)  Modification of Restrictive Period.  In the event this Agreement is
          ----------------------------------
terminated either by Bank at any time for any reason other than for Cause, as
defined in Section 10 herein, the term "Restrictive Period" as described in
Section 9(a) shall terminate on the date all amounts otherwise payable to the
Employee either have been paid to him or should have been paid to him pursuant
to the terms of this Agreement.  Service by Bank of written notice of non
extension to the Employee pursuant to Section 2 of this Agreement shall not
constitute a termination of this Agreement for purposes of this Section 9(d).

     10.  Termination.     During the term of this Agreement, employment,
          -----------
including without limitation, except as otherwise provided in this Section 10
and Section 12, all compensation, salary, expenses reimbursement, and the
Employee benefits may be terminated as follows:

     (a)  At the election of Bank for Cause;

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<PAGE>
     (b)  As used herein, the term "Cause" shall mean the occurrence of one
or more of the following:  (i) an act of fraud; (ii) an act of embezzlement;
(iii) conviction of the Employee of any felony; (iv) any event, condition or
circumstance which, pursuant to the provisions of federal or state law, renders
the Employee unemployable by Bank or any of its affiliates (v) a material breach
of, or the willful failure or refusal by the Employee to perform and discharge
the Employee's duties, responsibilities and obligations as an officer of Bank or
any of its affiliates; (vi) any act of moral turpitude or willful misconduct by
the Employee intended to result in personal enrichment of the Employee at the
expense of Bank or any of its affiliates; (vii) any act which has a material
adverse impact on the business or reputation of Bank or any of its affiliates
(such determination to be made by the Chief Executive Officer in his reasonable
judgment); (viii) any intentional material damage to the property or business of
Bank; (ix) an act constituting gross negligence; (x) the ineligibility of the
Employee to perform his duties because of a ruling, directive or other action by
any agency of the United States or any state of the United States having
regulatory authority over Bank or any of its affiliates; or (xi) any willful
violation of any federal banking law, state banking law or any regulation or
rule promulgated thereunder.

     (c)  Upon the Employee's death, or, at the election of either party,
upon the Employee's disability as determined in accordance with the standards
and procedures under the Employee's then current long-term disability insurance
coverage provided by Bank, or, if such disability insurance coverage provided by
Bank is not then in place, upon the Employee's disability resulting in inability
to perform the duties described in Section 3 of this Agreement for a period of
ninety (90) consecutive days.

     (d)  At the Employee's election by delivery of the thirty (30) days
notice thereof.

     (e)  Provided there has not occurred a Change in Control as set forth in
Section 12 of this Agreement, if this Agreement is terminated by Bank at any
time for any reason other than for

                              Employment Agreement
                                     Page 9

<PAGE>
Cause or Employee's disability, then Bank shall pay to the Employee as the
Employee's sole remedy hereunder the compensation and benefits remaining under
this Agreement, at a rate no less than the Employee's Base Salary for the
previous twelve months for a term equal to the remaining months of the Term of
this Agreement.

     (f)  If the Agreement is terminated because of the death of the Employee
or by Bank either for Cause or by Bank or Employee because of the disability of
the Employee or by the Employee pursuant to Section 10(d) of this Agreement, the
Employee shall receive no further compensation or benefits, other than the
Employee's Base Salary through the date of such termination.

     11.  Notices.
          -------

     All notices provided for herein shall be in writing and shall be deemed to
be given when delivered in person or deposited in the United States Mail,
registered or certified, return receipt requested, with proper postage prepaid
and addressed as follows:

     Bank:              The Park Avenue Bank
                        3102 North Oak Street Extension
                        Valdosta, Georgia 31602

                        Attn:  Chief Executive Officer

     with a copy to:

                        Thompson Kurrie, Jr., Esquire
                        Coleman, Talley, Newbern, Kurrie, Preston & Holland
                        P. O Box 5437
                        Valdosta, Georgia 31603

                              Employment Agreement
                                     Page 10

<PAGE>
     Employee:

                        Jay Torbert
                        409 Shirley Place
                        Valdosta, GA 31605

     12.  Change in Control.  None of the benefits provided in Section 12 of
          -----------------
this Agreement shall be payable to the Employee unless (i) there shall have been
a Change in Control, as set forth in this Section 12, and (ii) the Employee is
employed by Bank or any of its affiliates at such time.

          (a)     A "Change in Control" shall mean (i) the acquisition, directly
 or indirectly, by any person of securities of Bank or PAB Bankshares, Inc., a
Georgia corporation currently holding all of the issued and outstanding common
stock of Bank ("Bankshares") (not including in the securities beneficially owned
by such person any securities acquired directly from Bank or Bankshares)
representing an aggregate of 30% or more of the combined voting power of Bank's
or Bankshares' then outstanding voting securities other than an acquisition by:
(A) any employee plan established by Bank or Bankshares; (B) Bank, Bankshares or
any of their affiliates (as defined in Rule 12b-2 promulgated under the
Securities Exchange Act of 1934); (C) an underwriter temporarily holding
securities pursuant to an offering of such securities; (D) a corporation owned,
directly or indirectly, by stockholders of Bank or Bankshares in substantially
the same proportions as their ownership of Bank or Bankshares; or (E) merger,
consolidation, or similar transaction of Bank or Bankshares with any other
corporation which is duly approved by the stockholders of Bank or Bankshares;
(ii) during any period of up to two consecutive years, individuals who, at the
beginning of such period, constitute the Board of Directors of Bank or

                              Employment Agreement
                                     Page 11

<PAGE>
Bankshares cease for any reason to constitute at least a majority thereof,
provided that any person who becomes a director subsequent to the beginning of
such period and whose nomination for election is approved by at least two-thirds
of the directors then still in office who either were directors at the beginning
of such period or whose election or nomination for election was previously so
approved (other than a director (A) whose initial assumption of office is in
connection with an actual or threatened election contest relating to the
election of the directors of Bank or Bankshares, as such terms are used in Rule
14a-11 of Regulation 14A under the Securities Exchange Act of 1934, or (B) who
was designated by a person who has entered into an agreement with Bank or
Bankshares to effect a transaction described in clause (i) or (iii) of this
Section 12 (a)) shall be deemed a director as of the beginning of such period;
or (iii) the stockholders of Bank or Bankshares approve a merger or
consolidation of Bank or Bankshares with any other bank or corporation other
than (A) a merger or consolidation that would result in the voting securities of
Bank or Bankshares outstanding immediately prior thereto continuing to represent
(either by remaining outstanding or by being converted into voting securities of
the surviving entity or any parent thereof), in combination with the ownership
of any trustee or other fiduciary holding securities under an employee benefit
plan of  any bank, at least 51% of the combined voting power of the voting
securities of  Bank, Bankshares or such surviving entity or any parent thereof
outstanding immediately after such merger or consolidation, or (B) a merger or
consolidation effected to implement a recapitalization of Bank or Bankshares (or
similar transaction) in which no person is or becomes the beneficial owner (as
defined in clause (i) above), directly or indirectly, of securities of Bank or
Bankshares (not including in the securities beneficially owned by such person
any securities acquired directly from Bank or Bankshares)

                              Employment Agreement
                                     Page 12

<PAGE>
representing 30% or more of the combined voting power of Bank's or Bankshares'
then outstanding voting securities; or (C) a plan of complete liquidation of
Bank or Bankshares or an agreement for the sale or disposition of Bank or
Bankshares of all or substantially all of the assets of either.

          (b)     Following the date of occurrence of a Change in Control, if
Bank terminates the Employee without Cause, or if Bank serves the Employee with
written notice of non extension of the Term pursuant to Section 2 of this
Agreement or if Bank takes any action specified in Section 12(c) of this
Agreement, (the Termination of Employment), Bank shall pay the Employee a lump
sum cash payment in an amount equal to the Employee's annual compensation from
Bank, including salary, bonuses, all perquisites, and all other forms of
compensation paid to the Employee for his benefit or the benefit of his family,
however characterized, for the fiscal year during the term of this Agreement for
which such compensation was highest. The payment provided for in this Section
12(b) shall be due and payable to the Employee within thirty (30) days after the
date of the Termination of Employment.

          (c)     Following the effective date of a Change in Control, if Bank
takes any of the following actions during the Term, such action shall be deemed
to be a termination without Cause. Those actions are: (i) a reduction in the
Employee's salary, bonus provisions or other perquisites as were in effect
immediately prior to a Change in Control of Bank, (ii) a material change in the
Employee's status, offices, titles, reporting requirements, duties or
responsibilities with Bank as in effect on the effective date of this Agreement
(iii) the failure by Bank to increase the Employee's salary annually in
accordance with an established procedure, or (iv) due to Bank's requirement that
Employee relocate more than fifty (50) miles from the offices of his present
employment. In any such event, Employee shall be entitled to all payments
provided for in Section 12(b) of this Agreement.

                               Employment Agreement
                                     Page 13

<PAGE>
     13.  Resolution of Disputes: Arbitration.
          -----------------------------------

     (a)  Except as contemplated in Section 9, Bank and the Employee shall
use their best efforts to resolve any dispute, controversy or claim between them
with respect to any matter related to or arising out of this Agreement (each, a
"Dispute") through negotiation.  Such negotiation shall begin immediately after
a party has delivered to the other party a written request for such negotiation.
If within 60 days following the date on which such notice is given, the parties
fail to resolve the dispute through such negotiations, then either party may
initiate an arbitration proceeding in accordance with this Section 13.

     (b)  Subject to Section 13(a), any Dispute shall be referred to and
finally resolved by arbitration administered by the American Arbitration
Association (the "AAA") in accordance with the Commercial Arbitration Rules of
the AAA and the provisions of this Section 13, before a single arbitrator to be
appointed by the mutual consent of Bank and the Employee.  In the event that the
parties cannot agree on an arbitrator, the parties agree that the AAA shall
designate an arbitrator.  The arbitration proceedings shall be held in a
Valdosta, Georgia.

     (c)  The arbitrator shall decide the Dispute in accordance with this
Agreement and the laws of the State of Georgia applicable to agreements made and
to be performed entirely within such State.  The decision of the arbitrator
shall be in writing and presented in separate findings of fact and law.  The
award of the arbitrator shall be final and binding on the parties from which no
appeal may be taken, and an order confirming the award or judgment upon the
award may be entered into in any court having jurisdiction there over.

     (d)  Prior to the appointment of the arbitrator, Bank or the Employee
may take provisional remedies, including, without limitation, temporary
restraining orders and preliminary injunctions.  After the appointment of the
arbitrator, the arbitrator shall have sole authority to

                              Employment Agreement
                                     Page 14

<PAGE>
grant such provisional remedies as the arbitrator, in its sole discretion, deems
necessary and appropriate.

     (e)  The arbitrator, in the award, may assess the fees and expenses of
the arbitrator and of the arbitration proceeding, and the witness and attorneys'
fees of the parties, or any part thereof, against either Bank or the Employee or
both of them, taking into account the circumstances of the case.  Except as
assessed by the arbitrator in the award and as provided in the next succeeding
sentence, Bank and the Employee shall each bear their own costs in connection
with the arbitration proceeding, and shall each bear 50% of the fees and
expenses of the arbitrator.

     14.  Miscellaneous.
          -------------

     (a)  Modification, Waiver, etc.  No provision of this Agreement may be
          -------------------------
modified, waived or discharged unless such waiver, modification or discharge is
agreed to in writing signed by the Employee and a duly authorized officer of
Bank.  No waiver by any party hereto at any time of any breach of another party
hereto of, or compliance with, any condition or provision of this Agreement to
be performed by such other party shall be deemed a waiver of similar or
dissimilar provisions or conditions at the same or at any prior or subsequent
time.  This Agreement shall be binding on and inure to the benefit of the
successors and assigns of Bank.

     (b)  Withholding Taxes.  Bank may withhold from amounts payable under
          -----------------
this Agreement such Federal, state and local taxes as are required to be
withheld pursuant to any applicable law or regulation and Bank shall be
authorized to take such action as may be necessary in the opinion of Bank's
counsel (including, without limitation, withholding from amounts from any
compensation or other amount owing from Bank to Employee) to satisfy all
obligations for the payment of such taxes.

                              Employment Agreement
                                     Page 15

<PAGE>
     (c)  Continuation of Employment.  Unless the parties otherwise agree in
          --------------------------
writing, continuation of Employee's employment with Bank beyond the expiration
of the Term shall be deemed an employment at will and shall not be deemed to
extend any of the provisions of this Agreement and Employee's employment may
thereafter be terminated at will by Employee or Bank without further obligation
of either party hereunder.

     (d)  Governing Law.  The validity, interpretation, construction and
          -------------
performance of this Agreement shall be governed by the laws of the State of
Georgia applicable to agreements made and to be performed entirely in Georgia,
without regard to the conflict of laws principles of such State.

     (e)  Assignment.  This Agreement is a personal contract, and the rights
          ----------
and interests of the Employee hereunder may not, during the Term, be sold,
transferred, assigned, pledged or hypothecated.  This Agreement may be assigned
by Bank to a bank organized under the laws of one of the States of the United
States which is wholly-owned or controlled directly or indirectly by Bankshares,
or which is a successor-in-interest to substantially all of the business
operations of Bank.  Such assignment shall become effective when Bank, shall
have notified the Employee of such assignment or at such later date as may be
specified in such notice.  Upon such assignment the rights and obligations of
Bank, hereunder shall become the rights and obligations of such transferee
entity, and Bank shall have no further rights or obligations hereunder.

     (f)  Severability of Invalid or Unenforceable Provisions.  The
          ---------------------------------------------------
invalidity or unenforceability of any provision or provisions of this Agreement
shall not affect the validity or enforceability of any other provision of this
Agreement, which shall remain in full force and effect.

                              Employment Agreement
                                     Page 16

<PAGE>
     (g)  Counterparts.  This Agreement may be executed in one or more
          ------------
counterparts, each of which shall be deemed to be an original, but all of which
together will constitute one and the same instrument.

     (h)  Definition of Terms.  The term "affiliate", when used in this
          -------------------
Agreement with respect to any person, means any person that, directly or
indirectly, controls, is controlled by or is under common control with such
person, and with respect to any natural person, includes the members of such
person's immediate family (spouse, children and parents).  The term "person",
when used in this Agreement, means any natural person or entity with legal
status.

     (i)  Entire Agreement.  This Agreement, together with Appendix I, sets
          ----------------
forth the entire agreement of the parties hereto in respect of the subject
matter contained herein and supersedes all prior agreements, understandings,
promises, covenants, arrangements and communications, both oral or written,
among the parties hereto in respect of the subject matter contained herein.

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the day
and year first written above.

                                       "Employee"

                                       /s/ Jay Torbert                   (SEAL)
                                       ----------------------------------
                                       Jay Torbert

                                       "Bank"

                                       The Park Avenue Bank and PAB Bankshares

                                       By:  /s/  Michael Ricketson
                                          -------------------------------
                                            Name:  Michael Ricketson
                                            Title: Chief Executive Officer

                              Employment Agreement
                                     Page 17

<PAGE>
                       Appendix I to Employment Agreement

     Between Jay Torbert and The Park Avenue Bank and PAB Bankshares (the
"Employment Agreement")

     Capitalized terms used herein shall have the meanings set forth in the
Employment Agreement.

     A.   Capacity, Duties and Responsibilities. Senior Vice President
          -------------------------------------
and Chief Financial Officer

     B.   Compensation.
          ------------

          Annual Base Salary:  $91,000.00

          Bonus:    Other bonus to be determined in accordance with the
                    plan established by the Board of Directors.

     C.   Benefits.
          --------

          During Employee's employment, Bank shall furnish to Employee the
          following:
          Auto allowance of $500 per month.

     D.   Options.
          -------

          Awarded from time to time of PAB Bankshares, Inc. common stock in
          accordance with the terms of the PAB Bankshares Stock Option Plan.

                              Employment Agreement
                                     Page 18
<PAGE>

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