Document:

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                                                                   EXHIBIT 10.11

                 FORM OF DIRECTOR SUPPLEMENTAL RETIREMENT PLAN
                               DIRECTOR AGREEMENT

         THIS AGREEMENT is made and entered into this ___ day of ________, by
and between Chattahoochee National Bank, a bank organized and existing under the
laws of the State of Georgia (hereinafter referred to as the "Bank"), and
___________, a member of the Board of Directors of the Bank (hereinafter
referred to as the "Director").

         WHEREAS, the Director is now serving on the Board of the Bank
(hereinafter referred to as the "Board") and has for many years faithfully
served the Bank. It is the consensus of the Board of Directors that the
Director's services have been of exceptional merit, in excess of the
compensation paid and an invaluable contribution to the profits and position of
the Bank in its field of activity. The Board further believes that the
Director's experience, knowledge of corporate affairs, reputation and industry
contacts are of such value, and the Director's continued services so essential
to the Bank's future growth and profits, that it would suffer severe financial
loss should the Director terminate his/her service on the Board;

         ACCORDINGLY, the Board has adopted the Chattahoochee National Bank
Director Supplemental Retirement Plan (hereinafter referred to as the "Director
Plan") and it is the desire of the Bank and the Director to enter into this
Agreement under which the Bank will agree to make certain payments to the
Director upon the Director's retirement and to the Director's beneficiary(ies)
in the event of the Director's death pursuant to the Director Plan;

         FURTHERMORE, it is the intent of the parties hereto that this Director
Plan be considered an unfunded arrangement maintained primarily to provide
supplemental retirement benefits for the Director, and be considered a
non-qualified benefit plan for purposes of the Employee Retirement Security Act
of 1974, as amended ("ERISA"). The Director is fully advised of the Bank's
financial status and has had substantial input in the design and operation of
this benefit plan; and

         NOW THEREFORE, in consideration of services the Director has performed
in the past and those to be performed in the future, and based upon the mutual
promises and covenants herein contained, the Bank and the Director agree as
follows:

1.       DEFINITIONS

         A.       Effective Date

                  The Effective Date of the Director Plan shall be August 21,
                  2002.

         B.       Plan Year

                  Any reference to the "Plan Year" shall mean a calendar year
                  from January 1st to December 31st. In the year of
                  implementation, the term "Plan Year" shall mean the period
                  from the Effective Date to December 31st of the year of the
                  Effective Date.
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         C.       Retirement Date

                  Retirement Date shall mean retirement from service with the
                  Bank which becomes effective on the first day of the calendar
                  month following the month in which the Director reaches age
                  sixty-five (65) or such later date as the Director may
                  actually retire.

         D.       Termination of Service

                  Termination of Service shall mean the Director's voluntary
                  resignation from service on the Board or failure to be
                  re-elected to the Board, prior to the Normal Retirement Age
                  (Subparagraph I [K]).

         E.       Pre-Retirement Account

                  A Pre-Retirement Account shall be established as a liability
                  reserve account on the books of the Bank for the benefit of
                  the Director. Prior to the Director's Retirement Date,
                  whichever shall first occur, such liability reserve account
                  shall be increased each year by an amount equal to four and
                  forty eight one hundredths percent (4.48%) of the annual
                  earnings for the year determined by the Index (described in
                  Subparagraph I (G) hereinafter), less the Cost of Funds
                  Expense for that year (described in Subparagraph I (H)
                  hereinafter).

         F.       Index Retirement Benefit

                  The Index Retirement Benefit for each Director in the Director
                  Plan for each Plan Year shall be equal to the excess (if any)
                  of the Index (Subparagraph I [G]) for that Plan Year over the
                  Cost of Funds Expense (Subparagraph I [H]) for that Plan Year,
                  divided by a factor equal to 1.08 minus the marginal tax rate.

         G.       Index

                  The Index for any year shall be the aggregate annual after-tax
                  income from the life insurance contracts described in Exhibit
                  "A", attached hereto and fully incorporated herein by
                  reference, on the lives of the Participants (described in
                  Subparagraph I [L] as defined by FASB Technical Bulletin 85-4.
                  This Index shall be applied as if such insurance contracts
                  were purchased on the effective date hereof.

                  If such contracts of life insurance are actually purchased by
                  the Bank then the actual policies as of the effective dates
                  listed for each policy on Exhibit "A" shall be used in
                  calculations under this Agreement. If such contracts of life
                  insurance are not purchased or are subsequently surrendered or
                  lapsed, then the Bank shall receive annual policy
                  illustrations that assume the policies described in Exhibit
                  "A" were purchased from the named insurance company(ies) on
                  the effective dates listed for each policy on Exhibit "A".

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                  In either case, references to the life insurance contracts are
                  merely for purposes of calculating a benefit. The Bank has no
                  obligation to purchase such life insurance and, if purchased,
                  the Director and his beneficiary(ies) shall have no ownership
                  interest in such policy and shall always have no greater
                  interest in the benefits under this Agreement than that of an
                  unsecured general creditor of the Bank.

         H.       Cost of Funds Expense

                  The Cost of Funds Expense for any Plan Year shall be
                  calculated by taking the sum of the amount of premiums for the
                  life insurance policies described in the definition of "Index"
                  plus the amount of any after-tax benefits paid to the Director
                  pursuant to the Director Plan (Paragraph II hereinafter) plus
                  the amount of all previous years' after-tax Cost of Funds
                  Expense, and multiplying that sum by the Average After-Tax
                  Cost of Funds (Subparagraph I [K]).

         I.       Change of Control

                  Change of Control means the cumulative transfer of more than
                  fifty percent (50%) of the voting stock of the Bank or Holding
                  Company from the Effective Date of this Director Plan. For the
                  purposes of this Director Plan, transfers on account of deaths
                  or gifts, transfers between family members or transfers made
                  to a qualified retirement plan maintained by the Bank shall
                  not be considered in determining whether there has been a
                  Change of Control.

         J.       Normal Retirement Age

                  Normal Retirement Age shall mean the date on which the
                  Director attains age sixty-five (65).

         K.       Average After-Tax Cost of Funds

                  Average After-Tax Cost of Funds means, at any particular time,
                  a ratio, the numerator of which is the total annualized
                  interest expense as set forth on Schedule RI-income Statement
                  of the Bank's most recently filed Consolidated Report of
                  Condition and Income (the "Call Report") and the denominator
                  of which is an amount equal to: (i) the amount of deposits in
                  domestic offices (sum of total of columns A and C from
                  Schedule RC-E of the Call Report), plus (ii) the amount of
                  federal funds purchased and securities sold under agreements
                  to repurchase, as set forth on Schedule RC-Balance Sheet of
                  the Call Report, times the inverse of the Bank's combined
                  marginal income tax rate.

         L.       Number of Participants

                  The Number of Participants for any Plan Year shall be the
                  number of Participants (including those in retirement status)
                  participating in the Plan as of December 31st of the previous
                  year. Participants are those listed on the attached Exhibit B.

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         M.       Modification of Exhibits A and B

                  For all purposes of this Agreement, in the event of a new plan
                  participant, death of a participant, termination of service of
                  a participant who is not fully vested in the plan, retirement
                  of a participant, or some other event, said Exhibits A and B
                  may be modified as follows:

                  (i)      Exhibit A         By substituting the "Premiums Paid"
                                             for each participant with the cash
                                             surrender value of each
                                             participant's policy on the date(s)
                                             of the aforestated event(s).

                  (ii)     Exhibit B         By adding or deleting a new or
                                             existing plan participant.

II.      INDEX BENEFITS

         A.       Retirement Benefits

                  Subject to Subparagraph II(D) hereinafter, a Director who
                  remains on the Board until the Normal Retirement Age
                  (Subparagraph I[J]) shall be entitled to receive the balance
                  in the Pre-Retirement Account in fifteen (15) equal annual
                  installments commencing thirty (30) days following the
                  Director's retirement. In addition to these payments and
                  commencing in conjunction therewith, the Index Retirement
                  Benefit (as defined in Subparagraph I[F] for each Plan Year
                  subsequent to the Director's retirement, and including the
                  remaining portion of the Plan Year following said retirement,
                  shall be paid to the Director until the Director's death.

         B.       Termination of Service

                  Subject to Subparagraph II(D), should a Director suffer a
                  Termination of Service, the Director shall be entitled to
                  receive twenty-five percent (25%) times the number of full
                  years of service on the Board of the Bank from the date of
                  first service on the Board of the Bank (to a maximum of 100%),
                  times the balance in the Pre-Retirement Account payable to the
                  Director in fifteen (15) equal annual installments commencing
                  thirty (30) days following the Director's Normal Retirement
                  Age (Subparagraph I[J] In addition to these payments and
                  commencing in conjunction therewith, twenty-five percent (25%)
                  times the number of full years of service on the Board of the
                  Bank from the date of first service on the Board of the Bank
                  (to a maximum of 100%), times the index Retirement Benefit for
                  each Plan Year subsequent to the year in which the Director
                  attains Normal Retirement Age, and including the remaining
                  portion of the Plan Year in which the Director attains Normal
                  Retirement Age, shall be paid to the Director until the
                  Director's death.

         C.       Death

                  Should the Director die while there is a balance in the
                  Director's Pre Retirement Account (Subparagraph I [E]) said
                  unpaid balance shall be paid in a lump sum to

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                  the individual or individuals the Director may have designated
                  in writing and filed with the Bank. In the absence of any
                  effective beneficiary designation, the unpaid balance shall be
                  paid as set forth herein to the duly qualified executor or
                  administrator of the Director's estate. Said payment due
                  hereunder shall be made the first day of the second month
                  following the decease of the Director. Provided, however, that
                  anything hereinabove to the contrary notwithstanding, no death
                  benefit shall be payable hereunder if the Director dies on or
                  before the 21st day of August, 2004.

         D.       Discharge for Cause

                  Should the Director be Discharged for Cause at any time, all
                  benefits under this Director Plan shall be forfeited. The term
                  "for cause" shall mean any of the following that result in an
                  adverse effect on the Bank: (i) gross negligence or gross
                  neglect; (ii) the commission of a felony or gross misdemeanor
                  involving moral turpitude, fraud, or dishonesty; (iii) the
                  willful violation of any law, rule, or regulation (other than
                  a traffic violation or similar offense); (iv) an intentional
                  failure to perform stated duties; or (v) a breach of fiduciary
                  duty involving personal profit. If a dispute arises as to
                  discharge "for cause," such dispute shall be resolved by
                  arbitration as set forth in this Director Plan.

         E.       Death Benefit

                  Except as set forth above, there is no death benefit provided
                  under this Agreement.

         F.       Disability Benefit

                  In the event the Director becomes disabled prior to
                  Termination of Service, and the Director's service on the
                  Board is terminated because of such disability, the Director
                  shall immediately begin receiving the benefits in Subparagraph
                  II(A) above. Such benefit shall begin without regard to
                  Director's Normal Retirement Age and the Director shall be one
                  hundred percent (100%) vested in the entire benefit amount. If
                  there is a dispute regarding whether the Director is disabled,
                  such dispute shall be resolved by a physician selected by the
                  Bank and such resolution shall be binding upon all parties to
                  this Agreement.

III.     DEFERRAL BENEFITS

         A.       Deferral Election

                  Any Director wishing to defer any portion or all of the
                  Director's fees may elect to defer up to one hundred percent
                  (100%) each year for a maximum of five (5) years. At the end
                  of the five-year period, the Board shall have the option of
                  extending the deferral period for any amount of time it shall
                  deem to be appropriate. The Director will make the election to
                  defer by filing with the Bank a written statement setting
                  forth the amount of the deferrals and the Director's

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                  election of payment as set forth in Subparagraph III (C)
                  hereinafter. This statement must be filed prior to having
                  earned the deferred income.

         B.       Deferred Compensation Account

                  The Bank shall establish a Deferred Compensation Account in
                  the name of the Director and credit that account with the
                  deferrals. The Bank shall also credit interest to the Deferred
                  Compensation Account balance on December 31st of each year.
                  The interest rate credited shall be one hundred and fifty
                  percent (150%) of the average after-tax yield of a one- year
                  Treasury Bill.

         C.       Retirement, Termination of Service or Death

                  Upon the Director's Retirement Date or Termination of Service
                  from the Board [Subparagraphs I[C] and [D] hereinabove), the
                  balance of the Director's Deferred Compensation Account shall
                  be payable as elected by the Director one (1) year prior to
                  receiving said benefit payable to the Director thirty (30)
                  days following said event. If the Director fails to make said
                  payment election, then the Director shall be paid in ten (10)
                  equal annual installments as set forth herein. Should the
                  Director die while there is a balance in the Director's
                  Deferred Compensation Account, such balance shall be paid
                  pursuant to Subparagraph II(C) hereinabove.

IV.      RESTRICTIONS UPON FUNDING

                  The Bank shall have no obligation to set aside, earmark or
                  entrust any fund or money with which to pay its obligations
                  under this Director Plan. The Directors, their
                  beneficiary(ies), or any successor in interest shall be and
                  remain simply a general creditor of the Bank in the same
                  manner as any other creditor having a general claim for
                  matured and unpaid compensation.

                  The Bank reserves the absolute right, at its sole discretion,
                  to either fund the obligations undertaken by this Director
                  Plan or to refrain from funding the same and to determine the
                  extent, nature and method of such funding. Should the Bank
                  elect to fund this Director Plan, in whole or in part, through
                  the purchase of life insurance, mutual funds, disability
                  policies or annuities, the Bank reserves the absolute right,
                  in its sole discretion, to terminate such funding at any time,
                  in whole or in part. At no time shall any Director be deemed
                  to have any lien nor right, title or interest in or to any
                  specific funding investment or to any assets of the Bank.

                  If the Bank elects to invest in a life insurance, disability
                  or annuity policy upon the life of the Director, then the
                  Director shall assist the Bank by freely submitting to a
                  physical exam and supplying such additional information
                  necessary to obtain such insurance or annuities.

V.       CHANGE OF CONTROL

                  Upon a Change of Control (Subparagraph I [I]) if the Director
                  subsequently suffers a Termination of Service (Subparagraph I
                  [D]) then the Director shall

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                  receive the benefits promised in this Director Plan upon
                  attaining Normal Retirement Age, as if the Director had been
                  continuously serving the Bank until the Director's Normal
                  Retirement Age. The Director will also remain eligible for all
                  promised death benefits in this Director Plan. In addition, no
                  sale, merger, or consolidation of the Bank shall take place
                  unless the new or surviving entity expressly acknowledges the
                  obligations under this Director Plan and agrees to abide by
                  its terms.

VI.      MISCELLANEOUS

         A.       Alienability and Assignment Prohibition

                  Neither the Director, nor the Director's surviving spouse, nor
                  any other beneficiary(ies) under this Director Plan shall have
                  any power or right to transfer, assign, anticipate,
                  hypothecate, mortgage, commute, modify or otherwise encumber
                  in advance any of the benefits payable hereunder nor shall any
                  of said benefits be subject to seizure for the payment of any
                  debts, judgments, alimony or separate maintenance owed by the
                  Director or the Director's beneficiary(ies), nor be
                  transferable by operation of law in the event of bankruptcy,
                  insolvency or otherwise. In the event the Director or any
                  beneficiary attempts assignment, commutation, hypothecation,
                  transfer or disposal of the benefits hereunder, the Bank's
                  liabilities shall forthwith cease and terminate.

         B.       Binding Obligation of the Bank and any Successor in Interest

                  The Bank shall not merge or consolidate into or with another
                  bank or sell substantially all of its assets to another bank,
                  firm or person until such bank, firm or person expressly
                  agree, in writing, to assume and discharge the duties and
                  obligations of the Bank under this Director Plan. This
                  Director Plan shall be binding upon the parties hereto, their
                  successors, beneficiaries, heirs and personal representatives.

         C.       Amendment or Revocation

                  It is agreed by and between the parties hereto that, during
                  the lifetime of the Director, this Director Plan may be
                  amended or revoked at any time or times, in whole or in part,
                  by the mutual written consent of the Director and the Bank.

         D.       Gender

                  Whenever in this Director Plan words are used in the masculine
                  or neuter gender, they shall be read and construed as in the
                  masculine, feminine or neuter gender, whenever they should so
                  apply.

         E.       Effect on Other Bank Benefit Plans

                  Nothing contained in this Director Plan shall affect the right
                  of the Director to participate in or be covered by any
                  qualified or non-qualified pension, profit-

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                  sharing, group, bonus or other supplemental compensation or
                  fringe benefit plan constituting a part of the Bank's existing
                  or future compensation structure.

         F.       Headings

                  Headings and subheadings in this Director Plan are inserted
                  for reference and convenience only and shall not be deemed a
                  part of this Director Plan.

         G.       Applicable Law

                  The validity and interpretation of this Agreement shall be
                  governed by the laws of the State of Georgia.

         H.       12 U.S.C. 1828(k)

                  Any payments made to the Director pursuant to this Director
                  Plan, or otherwise, are subject to and conditioned upon their
                  compliance with 12 U.S.C. Section 1828(k) or any regulations
                  promulgated thereunder.

         I.       Partial Invalidity

                  If any term, provision, covenant, or condition of this
                  Director Plan is determined by an arbitrator or a court, as
                  the case may be, to be invalid, void, or unenforceable, such
                  determination shall not render any other term, provision,
                  covenant, or condition invalid, void, or unenforceable, and
                  the Director Plan shall remain in full force and effect
                  notwithstanding such partial invalidity.

         J.       Continuation as Director

                  Neither this Agreement nor the payment of any benefits
                  thereunder shall be construed as giving to the Director any
                  right to be retained as a member of the Board of Directors of
                  the Bank.

VII.     ERISA PROVISION

         A.       Named Fiduciary and Plan Administrator

                  The "Named Fiduciary and Plan Administrator" of this Director
                  Plan shall be Chattahoochee National Bank until its
                  resignation or removal by the Board. As Named Fiduciary and
                  Plan Administrator, the Bank shall be responsible for the
                  management, control and administration of the Director Plan.
                  The Named Fiduciary may delegate to others certain aspects of
                  the management and operation responsibilities of the Director
                  Plan including the employment of advisors and the delegation
                  of ministerial duties to qualified individuals.

         B.       Claims Procedure and Arbitration

                  In the event a dispute arises over benefits under this
                  Director Plan and benefits are not paid to the Director (or to
                  the Director's beneficiary(ies) in the case of the

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                  Director's death) and such claimants feel they are entitled to
                  receive such benefits, then a written claim must be made to
                  the Named Fiduciary and Plan Administrator named above within
                  sixty (60) days from the date payments are refused. The Named
                  Fiduciary and Plan Administrator shall review the written
                  claim and if the claim is denied, in whole or in part, it
                  shall provide in writing within sixty (60) days of receipt of
                  such claim the specific reasons for such denial, reference to
                  the provisions of this Director Plan upon which the denial is
                  based and any additional material or information necessary to
                  perfect the claim. Such written notice shall further indicate
                  the additional steps to be taken by claimants if a further
                  review of the claim denial is desired. A claim shall be deemed
                  denied if the Named Fiduciary and Plan Administrator fail to
                  take any action within the aforesaid sixty-day period.

                  If claimants desire a second review they shall notify the
                  Named Fiduciary and Plan Administrator in writing within sixty
                  (60) days of the first claim denial. Claimants may review this
                  Director Plan or any documents relating thereto and submit any
                  written issues and comments it may feel appropriate. In their
                  sole discretion, the Named Fiduciary and Plan Administrator
                  shall then review the second claim and provide a written
                  decision within sixty (60) days of receipt of such claim. This
                  decision shall likewise state the specific reasons for the
                  decision and shall include reference to specific provisions of
                  the Plan Agreement upon which the decision is based.

                  If claimants continue to dispute the benefit denial based upon
                  completed performance of this Director Plan or the meaning and
                  effect of the terms and conditions thereof, then claimants may
                  submit the dispute to an arbitrator for final arbitration. The
                  arbitrator shall be selected by mutual agreement of the Bank
                  and the claimants. The arbitrator shall operate under any
                  generally recognized set of arbitration rules. The parties
                  hereto agree that they and their heirs, personal
                  representatives, successors and assigns shall be bound by the
                  decision of such arbitrator with respect to any controversy
                  properly submitted to it for determination.

                  Where a dispute arises as to the Bank's discharge of the
                  Director for "for cause," such dispute shall likewise be
                  submitted to arbitration as above described and the parties
                  hereto agree to be bound by the decision thereunder.

VIII.    TERMINATION OR MODIFICATION OF AGREEMENT BY REASON OF CHANGES IN THE
         LAW, RULES OR REGULATIONS

         The Bank is entering into this Agreement upon the assumption that
         certain existing tax laws, rules and regulations will continue in
         effect in their current form. If any said assumptions should change and
         said change has a detrimental effect on this Director Plan, then the
         Bank reserves the right to terminate or modify this Agreement
         accordingly. Provided, however, that the Director shall be entitled to
         receive at least his/her Director's Deferred Compensation Account
         including interest earned. Upon a Change of Control (Subparagraph I[I]
         this paragraph shall become null and void effective immediately upon
         said Change of Control.

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IN WITNESS WHEREOF, the parties hereto acknowledge that each has carefully read
this Agreement and executed the original thereof on the first day set forth
hereinbelow, and that, upon execution, each has received a conforming copy.

<TABLE>
<S>                                                  <C>
                                                     CHATTAHOOCHEE NATIONAL BANK

                                                     Alpharetta, Georgia

                                                     By:
----------------------------------                      ------------------------
Witness                                                                    Title

----------------------------------                   ---------------------------
Witness
</TABLE>

                                       10<PAGE>

                                                                   EXHIBIT 10.12

                      FORM OF CHATTAHOOCHEE NATIONAL BANK
                            DIRECTORS' DEFERRAL PLAN

         By a vote of the Chattahoochee National Bank Board of Directors,
(hereinafter referred to as the "Bank") on the ____ day of
_____________________, 2003, the Bank has established the Chattahoochee National
Bank Directors' Deferral Plan (hereinafter referred to as the "Benefit Plan") to
allow eligible Directors and Officers the opportunity to participate in the Plan
and defer all or a portion of their fees or salary in accordance therewith;

         It is the intent of the Bank that this Benefit Plan be considered an
unfunded arrangement maintained primarily to provide supplemental retirement
benefits, and to be considered a non-qualified benefit plan for purposes of the
Employee Retirement Income Security Act of 1974, as amended ("ERISA").

I.       ELIGIBILITY

         Those individuals selected by the Board of Directors and designated in
         resolutions of the Board and members of the Board of Directors shall be
         eligible to become a participant in this Benefit Plan (hereinafter
         referred to as the, "Participant").

II.      FEES AND COMPENSATION

         The fees covered under this Benefit Plan shall be the amounts paid to
         the Participant for the Participant's services, including attendance
         fees and retainer fees, and shall include committee fees. Participants
         may elect to defer either: (i) no fees; (ii) fifty percent (50%) of
         fees; or (iii) one hundred percent (100%) of fees. The deferred fees
         covered under this Benefit Plan shall be credited to the Participant
         subject to the election requirement of Subparagraph III (A)
         hereinbelow.

III.     DEFERRED COMPENSATION

         A.       Election Participant's Deferred Compensation

                  The Participant shall at the same time as entering this
                  Benefit Plan file a written statement with the Bank notifying
                  the Bank as to the percent (%) or dollar amount of fees and
                  compensation as defined in Paragraph II that are to be
                  deferred and the actual investments [as defined in
                  Subparagraph VI (G)] (hereinafter referred to as the,
                  "Election Form"). A copy of the said Election Form is attached
                  hereto and marked as Exhibit "A-l". The election to defer fees
                  and compensation may only be made for fees and compensation
                  not yet earned as of the date of said election. Signed written
                  statements filed under this section, unless modified or
                  revoked, shall be valid for all succeeding years. Any
                  modification or revocation of a signed written statement must
                  be in writing, made one (1) year prior to receiving benefits
                  hereunder, and shall be effective for calendar years
                  succeeding the year in which the modification or revocation is
                  made.

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         B.       Payment of Participant's Deferred Compensation:

                  At all times, the Participant shall be one hundred percent
                  (100%) vested in the Participant's Deferred Compensation
                  Account [as defined in Subparagraph IV (A)(i)]. Payment of the
                  Participant's Deferred Account balance shall commence on the
                  first day of the calendar month following the happening of one
                  of the following events as the participant has designated in
                  the participant's election form: (i) the end of the
                  Participant's term of office due to resignation, removal,
                  failure to be re elected; (ii) retirement; (iii) at the
                  participants age designated on the participant's election
                  form; (iv) upon such other event as shall be designated in the
                  participant's election form; or (v) early withdrawal as set
                  forth hereinbelow, and shall continue, if applicable, as set
                  forth in the Participant's Election Form.

                  (i)      Retirement. Retirement age for Directors shall be age
                           sixty five (65) or such other date as the Participant
                           may actually retire.

                  (ii)     Early Withdrawal. The Bank shall permit early
                           withdrawals under certain circumstances. The
                           Participant may submit an application for an
                           in-service early withdrawal to the Board of
                           Directors. If, in the discretion of the Board, the
                           Participant is permitted to take an early withdrawal,
                           the Board shall cause the Trustee to pay an
                           in-service distribution to such Participant from the
                           Participant's Account. Such distribution shall be
                           paid as set forth in Subparagraph III (H) as soon as
                           administratively feasible, after the Board determines
                           that the Participant is permitted to take an early
                           withdrawal. The amount of such payment shall be
                           limited to the amount reasonably necessary to meet
                           the Participant's requirements resulting from any
                           reason for an early withdrawal.

         C.       Investment of Participant's Deferred Compensation:

                  The Participant shall at the same time as entering this
                  Benefit Plan notify the Bank on the Election Form as to the
                  percent (%) of deferred compensation that is to be allocated
                  among the "actual investment" choice as defined in
                  Subparagraph VI (G) herein. The Participant may make changes
                  to the allocation of their "actual investments" annually as
                  set forth in subparagraph III (A) herein.

         D.       Dividends on Bank Stock:

                  Any dividends on the Bank stock shall be reinvested each year.

         E.       Method of Payment of the Participant's Deferred Compensation
                  Account:

                  The Participant's Deferred Compensation Account shall be paid
                  to the Participant as set forth in this agreement in either,
                  at the sole discretion of the Bank: (i) Bank Stock; (ii) cash;
                  or (iii) a combination of Bank stock and cash.

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IV.      PARTICIPANT'S DEFERRED COMPENSATION ACCOUNT AND RABBI TRUST

         A.       Rabbi Trust

                  The Bank shall establish a Rabbi Trust for the Benefit Plan,
                  The Bank shall pay all deferral amounts and matching
                  contributions, if any, to the Rabbi Trust. Said Trustee shall
                  make actual investments and payments in accordance with this
                  Benefit Plan.

                  (i)      Participant's Deferred Compensation Account. The
                           Trustee shall establish and maintain an account on
                           behalf of each Participant. A Participant's Account
                           shall be credited with (i) the amount of Fees and
                           Compensation the Participant elects to defer under
                           the Election Form, (ii) other Bank Contributions, and
                           (iii) earnings or losses attributable to the Account.
                           Each Account of a Participant shall be maintained
                           until the value thereof has been distributed to or on
                           behalf of such Participant or the Participant's
                           beneficiary(ies). The value of said account shall be
                           calculated annually.

V.       DEATH OF DIRECTOR

         A.       Prior to Commencement of Payments:

                  In the event of the death of the Participant prior to
                  commencement of payments, within thirty (30) days after the
                  Participant's death, the Participant's Deferred Compensation
                  Account balance as of the date of death shall be paid as set
                  forth in the Election Form, or in a lump sum, at the
                  discretion of the Bank, to such individual or individuals as
                  the Participant may have designated in writing and filed with
                  the Bank. In the event no designation is made, the
                  Participant's account balance shall be paid as set forth
                  herein to the duly qualified executor or administrator of the
                  Participant's estate.

         B.       Subsequent to Commencement of Payments:

                  In the event of the death of the Participant after
                  commencement of payments but prior to the Participant
                  receiving all payments due the Participant under this Benefit
                  Plan, within thirty (30) days after the Participant's death,
                  the remaining Deferred Compensation Account balance as of the
                  date of death shall be paid as set forth in the Election Form,
                  or in a lump sum, at the discretion of the Bank, to such
                  individual or individuals as the Participant may have
                  designated in writing and filed with the Bank. In the event no
                  designation is made, the Participant's account balance shall
                  be paid as set forth herein to the duly qualified executor or
                  administrator of the Participant's estate.

                                       3
<PAGE>

VI.      MISCELLANEOUS

         A.       Amendment or Revocation:

                  It is understood that, during the lifetime of the Participant,
                  this Benefit Plan may be amended or revoked at any time or
                  times, in whole or in part, at the sole discretion of the
                  Bank.

         B.       Gender:

                  Whenever in this Benefit Plan words are used in the masculine
                  or neuter gender, they shall be read and construed as in the
                  masculine, feminine or neuter gender, whenever they should so
                  apply.

         C.       Effect on Other Bank Benefit Plans:

                  Nothing contained in this Benefit Plan shall affect the right
                  of the Participant to participate in or be covered by any
                  qualified or non-qualified pension, profit-sharing, group,
                  bonus or other supplemental compensation or fringe benefit
                  plan constituting a part of the Bank's existing or future
                  compensation structure.

         D.       Headings:

                  Headings and subheadings in this Benefit Plan are inserted for
                  reference and convenience only and shall not be deemed a part
                  of this Benefit Plan.

         E.       Partial Invalidity:

                  If any term, provision, covenant, or condition of this Benefit
                  Plan is determined by an arbitrator or a court, as the case
                  may be, to be invalid, void, or unenforceable, such
                  determination shall not render any other term, provision,
                  covenant, or condition invalid, void, or unenforceable, and
                  this Benefit Plan shall remain in full force and effect
                  notwithstanding such partial invalidity.

         F.       Continuation as Participant:

                  Neither this Benefit Plan nor the payments of any benefits
                  thereunder shall be construed as giving to the Participant any
                  right to be retained as a member of the Board of Directors of
                  the Bank.

         G.       Actual Investments:

                  One hundred percent (100%) of the percentage of fees and
                  compensation the participant has elected to defer shall be
                  invested in Bank stock, insurance or mutual funds. For Bank
                  stock, the peg date shall be the last trading date of each
                  quarter. The price set for said bank stock shall be the
                  average of the closing bid and ask price on the peg date. For
                  investments made in insurance or mutual funds, the price of
                  the insurance or mutual fund shall be the market price on the

                                       4
<PAGE>

                  date of the insurance or mutual fund is purchased. The actual
                  purchase date for insurance or mutual funds shall be at the
                  discretion of the trustee, not to exceed thirty (30) days
                  after the last day of the quarter.

                  The Bank, at its sole discretion, shall be allowed to modify
                  said investment options to include, or exclude, Bank stocks,
                  insurance, mutual funds, or other investments. The performance
                  of the deemed investment will be used to determine the
                  earnings or losses to credit to the Participant's Deferred
                  Compensation Account.

         H.       Effective Date

                  The effective date of this plan shall be ____________, 2003.

VII.     CHANGE OF CONTROL

         The Participant shall be one hundred percent (100%) vested in all
         benefits provided in this Benefit Plan upon a Change of Control. A
         Change of Control shall be as defined in Subsection XIII (d) in the
         Rabbi Trust for the Chattahoochee National Bank Directors' Deferral
         Plan.

VIII.    ADMINISTRATION AND CLAIMS

         A.       Plan Administrator:

                  The Plan Administrator of this Benefit Plan shall be the
                  Chattahoochee National Bank until its resignation or removal
                  by the Board. As Plan Administrator, Chattahoochee National
                  Bank shall be responsible for the management and
                  administration of this Benefit Plan. The Plan Administrator
                  may delegate to others certain aspects of the management and
                  operation responsibilities of this Benefit Plan including the
                  employment of advisors and the delegation of ministerial
                  duties to qualified individuals.

         B.       Claims Procedure and Arbitration:

                  In the event a dispute arises over benefits under this Benefit
                  Plan and benefits are not paid to the Participant (or to the
                  Participant's beneficiary(ies) in the case of the
                  Participant's death) and such claimants feel they are entitled
                  to receive such benefits, then a written claim must be made to
                  the Plan Administrator named above within sixty (60) days from
                  the date payments are refused. The Plan Administrator shall
                  review the written claim and if the claim is denied, in whole
                  or in part, they shall provide in writing within sixty (60)
                  days of receipt of such claim the specific reasons for such
                  denial, reference to the provisions of this Benefit Plan upon
                  which the denial is based and any additional material or
                  information necessary to perfect the claim. Such written
                  notice shall further indicate the additional steps to be taken
                  by claimants if a further review of the claim denial is
                  desired. A claim shall be deemed denied if the Plan
                  Administrator fails to take any action within the aforesaid
                  sixty-day period.

                                       5
<PAGE>

                  If claimants desire a second review they shall notify the Plan
                  Administrator in writing within sixty (60) days of the first
                  claim denial. Claimants may review this Benefit Plan or any
                  documents relating thereto and submit any written issues and
                  comments it may feel appropriate. In their sole discretion,
                  the Plan Administrator shall then review the second claim and
                  provide a written decision within sixty (60) days of receipt
                  of such claim. This decision shall likewise state the specific
                  reasons for the decision and shall include reference to
                  specific provisions of this Benefit Plan upon which the
                  decision is based.

                  If claimants continue to dispute the benefit denial, then
                  claimants may submit the dispute to an Arbitrator for final
                  arbitration. The Arbitrator shall be selected by mutual
                  agreement of the Bank and the claimants. The Arbitrator shall
                  operate under any generally recognized set of arbitration
                  rules. The parties hereto agree that they and their heirs,
                  personal representatives, successors and assigns shall be
                  bound by the decision of such Arbitrator with respect to any
                  controversy properly submitted to it for determination.

                                         CHATTAHOOCHEE NATIONAL BANK
                                         Alpharetta, Georgia

                                         By:
                                            ------------------------------------
                                                           Chairman of the Board

                                       6

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