Document:

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                                                                     Exhibit 4.8

                                  SIMULA, INC.
                         OUTSIDE DIRECTORS' EQUITY PLAN

I.       Purpose

         The Board of Directors (the "Board") deems it to be in the best
interest of Simula, Inc. (the "Company") to grant outside members of the Board
shares of the Company's common stock, par value $.01 per share ("Common Stock"),
to attract and retain quality directors.

         This arrangement shall be referred to as the "Simula, Inc. Outside
Directors' Equity Plan" (the "Plan") and the approval of such Plan by the Board
shall be deemed the approval by the board of directors of the issuer of the
transactions involving grants, awards or other acquisitions from such issuer as
prescribed under Rule 16b-3(d)(1) promulgated by the Securities and Exchange
Commission under the Securities and Exchange Act of 1934.

II.      Definitions

         "5% Shareholder" means any individual having "beneficial ownership" (as
such term is defined under Rule 13d-3 promulgated under the Securities Exchange
Act of 1934) of any class of voting securities of the Company.

         "Fair Market Value" means (1) the closing sales prices per share of
Common Stock on the American Stock Exchange or national quotation service on
which the Common Stock is principally traded or quoted, for the last preceding
date on which there was a sale of such Common Stock on such exchange or quoted
on such quotation service, or (2) if the shares of Common Stock are then traded
in an over-the-counter market for which closing price information is not
generally available, the average of the closing bid and asked prices for the
shares of Commons Stock in such over-the-counter market for the last preceding
date on which there was a sale of such Common Stock in such market, or (3) if
the shares of Common Stock are not then listed on a national securities exchange
or national quotation service or traded in an over-the-counter market, such
value as the Board, in its sole discretion, shall determine.

         "Outside Director" means a member of the Board who is not an employee
of the Company, or any subsidiary of the Company, or a 5% Shareholder of the
Company.

         "Quarterly Stock Grant" means, with respect to any calendar quarter,
that number of whole shares of Common Stock calculated by dividing Five Thousand
Dollars ($5,000) by the Fair Market Value on the last trading day of such
quarter.

III.     Eligibility

         Only Outside Directors who hold office at the end of a calendar quarter
shall be eligible for grants of Common Stock under the Plan with respect to such
quarter.

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IV.      Grant of Restricted Shares

         Effective for calendar quarters beginning on or after January 1, 2002,
and subject to the following terms and conditions, the Company shall grant each
Outside Director a Quarterly Stock Grant. The Company shall cause to be issued
to each Outsider Director for which the grant is issued a stock certificate
representing shares of Common Stock equal to the Quarterly Stock Grant. Such
issuance shall be made within thirty (30) business days after the end of such
calendar quarter, whereupon the Outside Director shall become a stockholder of
the Company with respect to such shares.

         The shares of Common Stock awarded pursuant to this Plan shall not be
transferred, assigned or alienated within six (6) months from the date of their
grant. Such shares shall be subject to all applicable securities laws,
including, without limitation Rule 144 promulgated under the Securities Act of
1933 and Rule 10b-5 promulgated under the Securities and Exchange Act of 1934.
No fractional shares shall be issued to any Outside Director under the Plan.

V.       Reserved Shares

         Two hundred thousand (200,000) shares of Common Stock are reserved for
issuance under the Plan. Any additional amounts of stock to be reserved shall be
determined by the Board.

VI.      Amendment and Termination

         The Board may cancel, terminate, amend or modify the Plan in any
respect at any time for any reason, provided that any such termination,
amendment or modification to the Plan shall not adversely affect in any material
way any grants due for the then current calendar quarter without the written
consent of the Board.

VII.     Miscellaneous

         An Outside Director may elect to recognize income for federal income
tax purposes at the time the shares of Common Stock are first granted pursuant
to the Plan by filing an appropriate election form in accordance with the
requirements of Section 83(b) of the Internal Revenue Code of 1986, as amended,
and the regulations thereunder.

         Nothing contained herein shall entitle an Outside Director to continue
in office.

         The Plan shall be construed and administered in accordance with the
laws of the State of Arizona.<PAGE>

                                  Exhibit 10.2

          Consulting Agreement With Southeast Financial Holdings, Inc.

     This letter agreement (the "Letter Agreement") confirms the understanding
and agreement between Southeast Financial Holdings, Inc. ("SFH") and MainStreet
BankShares, Inc. (the "Company") as follows (unless otherwise defined herein).

     1.   The Company engages SFH as exclusive financial advisor to the Company
          in connection with the Company's desire to raise capital to support
          the establishment of Franklin Community Bank, N.A. In Organization.
          The amount of such capital to be raised will be a minimum of
          $5,999,952 and a maximum of $10,000,000.

     2.   SFH accepts the engagement described in Paragraph 1, and in that
          connection, agrees to provide the following services:

               (a)  assist the Company in the preparation of the offering
                    circular (the "Confidential Memorandum") for distribution
                    and presentation to potential investors (if applicable):

               (b)  develop and maintain a list of potential investors, review
                    such list with the Company on a continuing basis, and
                    contact and provide detailed information and assistance to
                    all parties on a weekly basis:

               (c)  assist in the screening of interested potential investors,
                    including, if requested by the Company, performing a
                    financial analysis of any potential investor.

               (d)  provide at least one dedicated SFH representative on
                    premises to provide direct day to day support to management
                    and the organizers. Additionally, senior management of SFH
                    will be available on an as needed basis to attend and
                    provide support to groups of investors at breakfast and
                    lunch meetings as well as evening receptions. These events
                    requiring senior management presence should be scheduled no
                    less than one week in advance and all expenses of this
                    representation shall be borne by the Company (including but
                    not limited to travel and lodging and a predetermined per
                    diem):

               (e)  provide at Company's expense and approval, marketing
                    material, press releases and collateral material including
                    but not limited to creative and production assistance as
                    well as media selection and placement:

               (f)  advise the Company as to strategy and tactics for
                    negotiating with potential investors and participate in
                    presentations and negotiations relating to the
                    Capitalization efforts:

               (g)  assist the officers and management of the Company in
                    processing all retirement account share purchases, including
                    but not limited to the establishment of new accounts with
                    appropriate custodians and transfer of accounts currently
                    with custodians who do not support this type of transaction.
                    Finally, SFH will oversee all of these purchases until
                    completion:

               (h)  assist with due diligence and closing of escrow:

     3.   SFH shall be engaged for a period commencing with the execution of
          this Letter Agreement by the Company and ending on the successful
          completion of the capital offering (the "Termination Date") or, if
          terminated earlier, the 10/th/ day after delivery of notice pursuant
          to Paragraph 9 (the "Engagement Period").

     4.   As compensation for SFH's services hereunder, the Company shall pay to
          SFH certain fees as follows:

               (a)  An Engagement fee of $7,500 payable upon the execution of
                    this Agreement.

               (b)  A monthly fee of $20,000 for December and $25,000 per month
                    thereafter payable to SFH during the term of this Agreement
                    commencing on December 3, 2001. Such payments shall continue
                    until the Termination Date.

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     5.   For the purposes of this Letter Agreement:

          "Termination Date" means the date of the closing of escrow equal to
           the agreed upon capitalization.

     6.   In addition to any fees that may be payable to SFH, the Company shall
          reimburse SFH and its affiliates, promptly upon request from time to
          time, for administrative fees and reasonable out-of-pocket expenses
          (including but not limited to reasonable lodging and per diem for the
          on site SFH representative) also including, without limitation fees
          and disbursements of counsel incurred in connection with SFH's
          engagement not to exceed $10,000 in aggregate without the prior
          approval of the Company, which approval shall not be unreasonably
          withheld.

     7.   The Company shall furnish, or cause to be furnished, to SFH all
          information requested by SFH for the purpose of rendering services
          hereunder (the "Information"). The Company agrees to make available to
          SFH, its officers, directors, employees and representatives,
          including, but not limited to, the Company's certified public
          accountants and legal counsel, as may be reasonably requested by SFH.
          The Company recognizes and confirms that SFH:

               (a)  will use and rely on the information and on information
                    available from generally recognized public sources in
                    performing the services contemplated by this Letter
                    Agreement (including, without limitation, using any such
                    information in the Confidential Memorandum) without having
                    independently verified the same:

               (b)  does not assume responsibility for the accuracy or
                    completeness of the Information and such other information
                    (including, without limitation, any projections): and

               (c)  will not make an appraisal of any of the assets or
                    liabilities (whether direct, indirect, contingent or
                    otherwise) of the Company.

     8.   SFH agrees to hold in confidence in accordance with procedures it
          applies generally to information of this kind and not disclose
          Confidential Information, except (i) as may be required by law or as
          requested by any regulator having jurisdiction over SFH and its
          affiliates, (ii) to potential investors in any Capitalization who have
          been informed of the confidential nature of the information provided,
          and (iii) to officers, directors and employees of SFH and its
          affiliates and agents and professional advisors (including, but not
          limited to, auditors, attorneys and accountants) of SFH and its
          affiliates who have been informed of the confidential nature of the
          information provided. "Confidential Information" means information
          about the Company or the Capitalization furnished by the Company to
          SFH but does not include information (i) which was publicly known
          (including available in regulatory filings), or otherwise known to SFH
          at the time of disclosure, (ii) which subsequently becomes publicly
          known through no act or omission by SFH or (iii) which otherwise
          becomes known to SFH other than through disclosure by the Company or a
          source actually known to be bound by a confidentiality agreement or
          other legal or contractual obligation of confidentiality with respect
          to such information.

     9.   Either the Company or SFH may terminate SFH's engagement at any time
          upon thirty (30) days written notice from one party to the other.

     10.  Except as required by law, any advice rendered by SFH pursuant to its
          engagement shall not be used or quoted in any manner or referred to in
          any report, document, release or other communication (whether written
          or oral) prepared, issued, transmitted, published or filed by the
          company, by any person or entity controlling, controlled by or
          affiliated with the Company, by any representative, agent, officer or
          employee of any thereof, or by the Company without SFH's prior written
          consent, which consent shall not be unreasonably withheld.

     11.  SFH and Company agree that any fees payable under this agreement will
          be deducted from any mutually agreed upon fees payable to brokers,
          agents, representatives or other parties that have an interest in
          compensation.

     12.  This letter agreement does not constitute a commitment by SFH or any
          of its affiliates to provide any financing.

     13.  The Company agrees that if the Capitalization is consummated, SFH may
          use the Company's name and a

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          description of the Capitalization and SFH's role in publications
          (including, but not limited to, tombstone advertisements) and other
          marketing material prepared for and used in one on one presentations
          to prospective clients. Without limiting the foregoing, SFH may also
          publicize its services in connection herewith, including, without
          limitation, granting interviews with and providing information to the
          financial press and other media.

     14.  This Letter Agreement supercedes all prior agreements and
          understandings between the Company and SFH with respect to the subject
          matter hereof and may not be amended or modified except in writing
          executed by both the Company and SFH. This letter agreement shall be
          governed by and construed in accordance with the laws of the State of
          Georgia without reference to principles of conflicts of law that would
          require the application of the law of a jurisdiction other than the
          State of Georgia.

     15.  This Letter Agreement may be executed in counterparts, each of which
          shall be deemed an original and all of which shall constitute one and
          the same instrument.

     If the foregoing is in accordance with the Company's understanding, please
     sign and return to SFH the enclosed duplicate of this letter on or before
     November 28, 2001.

                                            SOUTHEAST FINANCIAL HOLDINGS, INC.

                                            BY:      /s/ Stan Taylor
                                              -----------------------
                                                     Stan Taylor

     Accepted and agreed this
     30/th/ day of November, 2001.

     MainStreet BankShares, Inc.

     BY:       /s/ C. R. McCullar
       --------------------------
                   C. R. McCullar
     TITLE:        President & CEO

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