Document:

EXHIBIT 10.3

STATE OF GEORGIA          )
                          )
COUNTY OF RICHMOND        )

EXECUTIVE SALARY CONTINUATION AND PARTICIPATION AGREEMENT
---------------------------------------------------------

     THIS  AGREEMENT,  made  and  entered  into  this  1st  day of January, 2007
(hereinafter  called  the  "Agreement"  or  "Participation  Agreement"  in  this
document)  by  and  between  Georgia  Bank & Trust Company of Augusta, a banking
corporation  organized  and  existing  under  the  laws  of the State of Georgia
(hereinafter  called  the "Bank"), and Ronald L. Thigpen (hereinafter called the
"Executive").

                                   WITNESSETH:

     WHEREAS, the Executive is in the employ of the Bank serving as an executive
officer,  and

     WHEREAS,  the  experience of the Executive, his knowledge of the affairs of
the  Bank,  his  reputation  and  contacts  in the industry are so valuable that
assurance  of  his  continued  services  is  essential for the future growth and
profits  of the Bank it is in the best interests of the Bank to arrange terms of
continued  employment for the Executive so as to reasonably assure him remaining
in the Bank's employment during his lifetime or until the age of retirement; and

     WHEREAS, it is the desire of the Bank that the services of the Executive be
retained  as  herein  provided;  and

     WHEREAS,  the  Bank  has  established  a Non-Qualified Defined Benefit Plan
(hereinafter  called  the  "Plan")  as  of  the  first  day  of  October,  2000;

     WHEREAS,  the Executive accepts the Bank's invitation to participate in the
Plan  and  hereby  acknowledges  having  read  the  Plan,  understood its terms,
understood  that  benefits  will  paid  pursuant  to the Plan only under certain
circumstances  described  therein,  understood  that  the Executive is a general
creditor  of the Bank, or its successors and assigns, and that the Executive has
no  interest  in  specific  assets  owned  by  the  Bank;

     WHEREAS,  the  Executive  is  willing to continue in the employ of the Bank
provided  the  Bank  agrees  to pay him or his beneficiaries certain benefits in
accordance  with  the  terms  and  conditions  hereafter  set  forth;

     NOW,  THEREFORE,  in  consideration  of the services to be performed in the
future,  as  well  as  the  mutual promise and covenants herein contained, it is
agreed  as  follows:

<PAGE>
ARTICLE  1.
Definitions

1.1. Beneficiary  -  The  term beneficiary shall mean the person or persons whom
     the  Executive  shall designate in writing to receive the benefits provided
     hereunder  and  as  further  designated  on  the  Executive's  Beneficiary
     Designation  shown  as  Schedule  B  hereto.

1.2. Disability  - For the purposes of this Agreement, Executive shall be deemed
     to  have  a  Disability  if  Executive  (i)  is  unable  to  engage  in any
     substantial  gainful  activity  by  reason  of  any  medically determinable
     physical  or  mental impairment which can be expected to result in death or
     can  be expected to last for a continuous period of not less than 12 months
     or  (ii)  is,  by  reason  of any medically determinable physical or mental
     impairment  which  can be expected to result in death or can be expected to
     last  for  a continuous period of not less than 12 months, receiving income
     replacement  benefits  for  a  period  of  not  less than 3 months under an
     accident  and  health plan covering the Bank's employees. The determination
     of  whether  Executive  has  a "Disability" under clause (i) above shall be
     made  by  a  licensed  physician selected by the Bank's Board of Directors.

1.3. Named  Fiduciary  and Plan Administrator - The Bank is hereby designated as
     the  Named  Fiduciary  and  the  Compensation  Committee  of  the  Board of
     Directors  of  the  Bank is hereby designated as the Plan Administrator for
     this  Agreement.

ARTICLE  2.
Terms  of  Employment

2.1. Employment  -  The  Bank agrees to employ the Executive in such capacity as
     the  Bank  may  from time to time determine. The Executive will continue in
     the  employ  of  the  Bank  in  such  capacity  and  with  such  duties and
     responsibilities  as  may be assigned to him, and with such compensation as
     may  be determined from time to time by the Board of Directors of the Bank.

2.2. Full  Efforts  - The Executive agrees to devote his full time and attention
     exclusively to the business and affairs of the Bank, except during vacation
     periods,  and  to use his best efforts to furnish faithful and satisfactory
     services  to  the  Bank.

2.3. Fringe  Benefits  -  The  salary  continuation  benefits  provided  by this
     Agreement  are granted by the Bank as a fringe benefit to the Executive and
     are  not  part  of any salary reduction plan or any arrangement deferring a
     bonus or a salary increase. The Executive has no option to take any current
     payment  or  bonus  in  lieu  of  these  salary  continuation  benefits.

<PAGE>
ARTICLE  3.
Benefits

3.1. Retirement  - If the Executive shall continue in the employment of the Bank
     until  he  attains  the  age  of sixty-five (65), he may retire from active
     daily employment as of the first day of the month next following attainment
     of  sixty-five  (65) or upon such later date as may be mutually agreed upon
     by  the  Executive  and  the  Bank.

3.2. Payment  -  The  Bank  agrees  that upon such retirement it will pay to the
     Executive  the  annual  sum  of forty thousand dollars ($40,000) for twenty
     (20)  years.  The  benefit will be payable monthly on the first day of each
     month  beginning with the seventh (7th) month following such retirement and
     ending  on  the  month  that  is  two hundred forty (240) months after such
     retirement;  subject  to  the  conditions  and  limitations hereinafter set
     forth. The first monthly payment shall be equal to 7/12 of the total annual
     payment,  and each of the 233 monthly payments thereafter shall be equal to
     1/12  of  the  total  annual  payment.

3.3. Payment  After  Death  -  The  Bank  agrees that if the Executive shall die
     before  receiving  the  full  amount  of  monthly  payments  to which he is
     entitled hereunder (if any), it will continue to make such monthly payments
     to  the  Executive's  designated  beneficiary for the remaining period. The
     Executive  shall execute a Beneficiary Designation as shown on the attached
     Schedule  B,  but  if a valid Beneficiary Designation is not in effect, the
     payment shall be made to the Executive's surviving spouse or, if none, said
     payments  shall  be  made  to  the  duly qualified personal representative,
     executor  or  administrator  of  his  estate.

3.4. [Intentionally  Omitted]

3.5. Death or Disability Prior to Retirement - In the event the Executive should
     die  or  become  Disabled  while actively employed by the Bank, at any time
     after  the  date  of  this  Agreement  but  prior to age sixty-five (65) of
     Executive,  the  Executive  will  be  considered to be vested in the annual
     benefit amount set forth in Schedule A corresponding with the year in which
     the  death  occurred  or  the Disability commenced, payable monthly for 240
     months  to  Executive  (in  the  case  of Disability) or to the Executive's
     beneficiary  or estate as contemplated by Section 3.3 above (in the case of
     death)  beginning  with  the  month  following  death  or  Disability,  as
     applicable.

ARTICLE  4.
Termination

4.1. Termination  of  Employment  - The Bank reserves the right to terminate the
     employment  of  the Executive at any time prior to retirement. In the event
     that the employment of the Executive shall terminate prior to him attaining

<PAGE>
     age  sixty-five  (65), other than by reason of his Disability or his death,
     the  Executive  shall  be  entitled  to  the  following  benefits under the
     following  circumstances:

          4.1.1.  If  the  Executive  is  terminated  with  reasonable cause (as
                  defined  below), Executive shall receive no benefit under this
                  Agreement  and  shall  lose any right to any benefit vested at
                  the  time  of  termination.

          4.1.2.  If  the  Executive  voluntarily terminates employment with the
                  Bank  prior  to  age  fifty-five  (55) of Executive, Executive
                  shall  receive  no benefit under this Agreement and shall lose
                  any right to any benefit vested at the time of termination. If
                  the  Executive voluntarily terminates employment with the Bank
                  prior  to  retirement  after  Executive  has  attained  age
                  fifty-five  (55), the Executive will receive a reduced benefit
                  based upon the vesting schedule attached hereto as Schedule A.
                  The  benefits  will  be  paid  for  twenty (20) years, payable
                  monthly  for  two  hundred  forty  (240)  consecutive  months
                  commencing  on  the  later of (i) Executive's 65th birthday or
                  (ii)  seven  (7)  months  after the termination of Executive's
                  employment  with  the  Bank.

          4.1.3.  Anything  hereinabove  to the contrary notwithstanding, if the
                  Bank  terminates  the Executive's employment involuntarily for
                  any  reason  other  than  "reasonable  cause",  or if the Bank
                  undertakes  any  action or course of action designed to induce
                  the  Executive to terminate his employment (e.g., reducing the
                  Executive's  title  or  responsibilities,  reducing  the
                  Executive's  compensation  disproportionately  as  compared to
                  reductions  for  other Bank executives), the Bank shall pay to
                  the  Executive  the  full  retirement  benefits  described  in
                  Section  3.2 for twenty (20) years. The benefits shall be paid
                  commencing  on  the  later of (i) Executive's 65th birthday or
                  (ii)  seven  (7)  months  after the termination of Executive's
                  employment with the Bank. If the payments begin on Executive's
                  65th  birthday,  then  the  benefit  shall  be  paid  in  240
                  consecutive,  equal  monthly payments. If the payments start 7
                  months after termination of employment, then the first payment
                  shall  be equal to 7/12 of the annual benefit, and there shall
                  be  233  consecutive,  equal  monthly  payments  thereafter.
                  "Reasonable  cause"  means  the  Executive's gross negligence,
                  fraud  or  conviction  for any willful violation of any law or
                  significant  regulatory  policy,  committed in connection with
                  the Executive's employment and resulting in a material adverse
                  effect  on  the  Bank.  "Reasonable  cause"  shall not include

<PAGE>
                  ordinary negligence or failure to act, whether due to an error
                  in  judgment  or  otherwise,  if  the  Executive has exercised
                  substantial  efforts  in  good  faith  to  perform  the duties
                  reasonably  assigned  or  appropriate  to  the  position.

          4.1.4.  Anything  hereinabove  to  the  contrary  notwithstanding, the
                  Executive  shall  become  fully  vested in the benefit payment
                  previously described in Section 3.2 in the event of a transfer
                  in the controlling ownership or sale of the Bank or its parent
                  (a  "change  of  control").  This  benefit  shall  remain  an
                  obligation  of  the  Bank  and  its successors regardless of a
                  change  of  control  or  continued employment of the Executive
                  after  the  change  of  control.  The benefit shall be paid in
                  accordance  with  Section 3.2, commencing in the seventh (7th)
                  month  following  the  termination  of Executive's employment.
                  From and after the occurrence of a change of control, the Bank
                  shall  pay  all reasonable legal fees and expenses incurred by
                  the  Executive  seeking  to  obtain  or  enforce  any right or
                  benefit provided by this Agreement promptly from time to time,
                  at  the  Executive's  request,  as  such fees and expenses are
                  incurred;  provided,  however,  that  the  Executive  shall be
                  required  to reimburse the Bank for any such fees and expenses
                  if  a  court or any other adjudicator agreed to by the parties
                  determines  that  the Executive's claim is without substantial
                  merit.  The  Executive  shall not be required to pay any legal
                  fees  or  expenses incurred by the Bank in connection with any
                  claim  or  controversy  arising  out  of  or  relating to this
                  Agreement,  or  any  breach  thereof.

4.2. Termination of Agreement by Reason of Changes in Law - The Bank is entering
     into this Agreement upon the assumption that certain existing tax laws will
     continue in effect in substantially their current form. In the event of any
     changes in such federal laws, the Bank shall have an option to terminate or
     modify  this  Agreement;  provided,  however,  that  the Executive shall be
     entitled  to  at  least  the same amounts as he would have been entitled to
     under  Article 3 hereof. The payment of said amount shall be made upon such
     terms  and  conditions  and,  at  such  time  as  the  Bank shall determine
     appropriate  to  obtain favorable tax treatment, but in no event commencing
     later than age sixty-five (65) or 6 months after termination of Executive's
     employment  (whichever  is  later).

4.3. Competition  with  Bank  -  Anything  in  this  Agreement  to  the contrary
     notwithstanding  (but  subject to the following proviso), if the Executive,
     directly  or indirectly, at any time after the execution of this Agreement,
     owns,  manages, operates, joins, controls or participates in or is employed
     by  or  gives  consultation  or  advice to or extends credit to (other than
     through insured deposits) or otherwise is connected in any manner, directly
     or  indirectly  with,  any  bank, financial institution, firm, person, sole
     proprietorship,  partnership,  corporation,  company or other entity (other
     than the Bank or entities controlled or under common control with the Bank)

<PAGE>
     that  provides financial services, including, without limitation, retail or
     commercial  lending  services,  and  has  an  office within 50 miles of any
     banking  location of the Bank or any of its affiliates, then the Bank shall
     have  the  option,  in  its  sole and absolute discretion, to terminate the
     Executive's right to receive any benefits under this Agreement (and, to the
     extent  Executive  may  already  have  begun  receiving benefits hereunder,
     terminate  Executive's  right  to  receive any further benefits hereunder);
     provided,  however,  that (i) this Section 4.3 shall be of no further force
     and  effect  after  a change of control occurs, (ii) this Section 4.3 shall
     not  apply  if  Executive's  employment with Bank is terminated by the Bank
     other  than for reasonable cause prior to age 65 of the Executive and (iii)
     nothing  in  this Section 4.3 shall prohibit the Executive from owning less
     than one percent (1%) of the outstanding shares of any company whose common
     stock  is  publicly  traded.

ARTICLE  5.
Miscellaneous

5.1. Nonassignability  -  Neither  the  Executive,  his  spouse,  nor  any other
     beneficiary under this Agreement 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, owned by the Executive or his
     beneficiary  or  any of them, or be transferable by operation of law in the
     event  of  bankruptcy,  insolvency  or  otherwise.

5.2. Claims  Procedure  - The Bank shall make all determinations as to rights to
     benefits  under this Agreement. Any decision by the Bank denying a claim by
     the Executive or his beneficiary for benefits under this Agreement shall be
     stated  in  writing  and  delivered  or  mailed  to  the  Executive or such
     beneficiary.  Such  decision  shall  set forth the specific reasons for the
     denial,  written  to  the  best  of  the  Corporation's ability in a manner
     calculated  to  be  understood  without  legal  or  actuarial  counsel.  In
     addition,  the Bank shall provide a reasonable opportunity to the Executive
     or  such  beneficiary for full and fair review of the decision denying such
     claim.

5.3. Unsecured  General  Creditor - The Executive and his beneficiary shall have
     no  legal  right  or  equitable  rights,  interests, or claims in or to any
     property  or  assets of the Bank. No assets of the Bank shall be held under
     any  trust for the benefit of the Executive or his beneficiaries or held in
     any way as security for the fulfilling of the obligations of the Bank under
     this  plan.  All  of  the  Bank's  assets  shall be and remain the general,
     unpledged,  unrestricted  assets  of  the Bank. The Bank's obligation under
     this plan shall be that of an unfunded and unsecured promise by the Bank to
     pay  money  in  the  future.  Executives  and  their beneficiaries shall be
     unsecured  general  creditors  with  respect  to  any  benefits  hereunder.

<PAGE>
5.4. Reorganization  -  The  Bank  shall  not  merge or consolidate into or with
     another  Bank,  or  reorganize,  or sell substantially all of its assets to
     another  Bank,  firm,  or  person  unless  and  until  such  succeeding  or
     continuing  Bank,  firm,  or  person  agrees  to  assume  and discharge the
     obligations  of  the Bank under this Agreement. Upon the occurrence of such
     event,  the  term "Bank" as used in this Agreement shall be deemed to refer
     to  such  successor  or  survivor  Bank.

5.5. Binding  Effect  -  This  Agreement  shall be binding upon and inure to the
     benefits  of  the  Executive and his personal representatives, and the Bank
     and any successor organization, which shall succeed to substantially all of
     its  assets  and  business.

5.6. Not  a  Contract  of  Employment  -  This  agreement shall not be deemed to
     constitute  a  contract of employment between the parties hereto, nor shall
     any  provision  hereof  restrict  the  right  of  the Bank to discharge the
     Executive,  or  restrict  the  right  of  the  Executive  to  terminate his
     employment.

ARTICLE  6.
Participation  in  Plan

6.1  Acceptance  of Invitation to Participate in the Plan - The Executive hereby
     agrees  to  accept  the  invitation of the Bank to participate in the Plan,
     subject  to  its  terms  and  conditions  as  set  forth  therein.

6.2  In the event of any inconsistency between the Plan and this Agreement, this
     Agreement  shall  control.

6.3  Nothing  herein  shall  limit or otherwise affect the terms of, or benefits
     available  under,  any other agreement between the Bank and Executive under
     the  Plan.

     IN  WITNESS WHEREOF, the Bank has caused this Agreement to be duly executed
     by  its  proper  officer  and  the  Executive  has hereunto set his hand at
     Augusta,  Georgia,  the  day  and  year  first  above  written.

                                         Georgia Bank & Trust Company of Augusta

                                         By:  /s/  E. G. Meybohm
                                            ------------------------------------

                                         Its:  Chairman of the Board
                                             -----------------------------------

                                         EXECUTIVE:

                                             /s/  Ronald  Thigpen
                                         ---------------------------------------

<PAGE>
<TABLE>
<CAPTION>
SCHEDULE  A

Date of Death, Disability or Voluntary  Vested Annual
--------------------------------------  -------------
Termination of Employment               Benefit
-------------------------               -------
                                        (payable monthly)
<S>                                     <C>
January 1, 2007 to December 31, 2007    $                0
January 1, 2008 to December 31, 2008    $            4,000
January 1, 2009 to December 31, 2009    $            8,000
January 1, 2010 to December 31, 2010    $           12,000
January 1, 2011 to December 31, 2011    $           16,000
January 1, 2012 to December 31, 2012    $           20,000
January 1, 2013 to December 31, 2013    $           24,000
January 1, 2014 to December 31, 2014    $           28,000
January 1, 2015 to December 31, 2015    $           32,000
January 1, 2016 to January 26, 2017     $           36,000
</TABLE>

<PAGE>
SCHEDULE  B
BENEFICIARY  DESIGNATION
FOR
EXECUTIVE  SALARY  CONTINUATION  AND
PARTICIPATION  AGREEMENT

To  the  Plan  Administrator  of  the Georgia Bank & Trust Company Non-Qualified
Defined  Benefit  Plan  for  the  benefit  of  Ronald  L.  Thigpen:

Pursuant to the Provisions of my Executive Salary Continuation and Participation
Agreement  with  Georgia  Bank  & Trust Company of Augusta dated January 1, 2007
permitting the designation of a beneficiary or beneficiaries by a participant, I
hereby  designate  the  following  persons and entities as primary and secondary
beneficiaries of any benefit under said Agreement payable by reason of my death:

Primary  Beneficiary:

Name           Social Security Number            Relationship
----------     -----------------------------     -------------------

----------     -----------------------------     -------------------

----------     -----------------------------     -------------------

Secondary  (Contingent)  Beneficiary:

Name           Social Security Number            Relationship
----------     -----------------------------     -------------------

----------     -----------------------------     -------------------

----------     -----------------------------     -------------------

THE  RIGHT  TO  REVOKE OR CHANGE ANY BENEFICIARY DESIGNATION IS HEREBY RESERVED.
ALL PRIOR DESIGNATIONS, IF ANY, OF BENEFICIARIES AND SECONDARY BENEFICIARIES ARE
HEREBY  REVOKED.

The  Plan Administrator shall pay all sums payable under the Agreement by reason
of  my  death  to  the  Primary Beneficiary, if he or she survives me, and if no
Primary  Beneficiary shall survive me, then to the Secondary Beneficiary, and if
no  named  beneficiary  survives  me,  then the Plan Administrator shall pay all
amounts  in  accordance  with the terms of the Executive Salary Continuation and
Participation  Agreement  dated  January  1,  2007.  In  the  event that a named
beneficiary  survives  me and dies prior to receiving the entire benefit payable
under  said  Agreement,  then  and  in that event, the remaining unpaid benefit,
payable  according  to  the  terms  of  the  Agreement,  shall be payable to the

<PAGE>
personal representatives of the estate of said deceased beneficiary, who survive
me,  but  die  prior  to  receiving  the  total  benefit.

------------------------                     ----------------------------
Date of Designation                             Signature of ExecutiveExhibit
      10.22

    

    2007
      AMENDMENT TO LEASE AGREEMENT

    

    Whereas,
      on or about the 9th day of September, 1971, Investors Equity of Iowa, Inc.,
      as
      the Original Landlord, entered into a Lease Agreement (the “Lease”) with West
      Des Moines State Bank, now known as “West Bank”, as Tenant;

     

    Whereas,
      A. Terry Moss, Maggi Moss, Joan Thaler, and Richard Margulies (collectively
      “Landlords”) are successors to the Original Landlord; and

     

    Whereas,
      the Lease has been previously amended and Landlords and Tenant have agreed
      to
      further amend the Lease,

     

    Now
      therefore, in consideration of the mutual promises and covenants contained
      herein, each for the other, Landlords and Tenant agree as follows:

    

    1.
      Extension
      of Lease Term.
      The
      current term of the Lease, which commenced on the 1st day
      of
      May, 2002, shall be extended through the 30th day of April, 2014.

    

    2.
      Continuation
      of CPI Adjustments.
      As
      provided in the Lease, there shall be a CPI adjustment to the rent paid by
      Tenant effective on the 1st day of May, 2007. Effective on the 1st day of May,
      2012, there shall be a Consumer Price Index (“CPI”) adjustment to the rent paid
      by Tenant in the same manner that the CPI adjustment has been made for previous
      five (5) year periods during the term of the Lease.

    

    3.
      Additional
      Extensions.
      Tenant
      is hereby granted three (3) additional automatic extensions (“Additional
      Extensions”) as described in paragraph XXV of the Lease, during which extension
      periods all terms and provisions of the Lease shall apply as though the three
      (3) automatic extensions had been granted in the Lease (unless the context
      clearly requires a different meaning), except that: if increases in the unit
      costs for gas and/or electricity during any year or years during the Additional
      Extensions over such unit costs as of January 1, 2007, exceeds the increase
      in
      the CPI (used for the rent adjustments described above), Tenant shall pay to
      Landlord an amount equal to a prorated share (based on the square feet of
      rentable space demised to Tenant under the terms of the Lease to the total
      rentable space in the building in which the demised space is located) of the
      increase in such unit costs over the increase in the CPI for such
      period.

    

    4.
      Option
      to Purchase.
      The
      Option to Purchase the building in which the demised premises is located (but
      not the underlying land) contained in Article XXVI of the Lease is hereby
      deleted and in lieu thereof, Tenant is granted the Right of First Refusal to
      purchase said building and land, as set forth in paragraph 5,
      below.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    5.
      Right
      of First Refusal.
      Before
      agreeing to sell the building in which the demised premises is located and
      the
      land on which it is situated [part of Lot 16, Westown Park, an Official Plat,
      in
      West Des Moines, Iowa] (collectively the “West Bank Building”), Landlords (as
      Landlords and as Palm Investors) shall first offer the West Bank Building for
      sale to Tenant by submitting to Tenant a written proposal (the "Sale Proposal").
      Tenant may within thirty (30) days thereafter, accept the Sale Proposal (the
      “Right of First Refusal”). If Tenant fails to accept the Sale Proposal within
      said thirty (30) day period, Landlords may sell the West Bank Building free
      of
      this Right of First Refusal on substantially the same terms and conditions
      as
      are set forth in the Sale Proposal. However, if Landlords thereafter receive
      an
      offer to buy the West Bank Building (“Offer to Buy”) on materially less onerous
      terms than, or for a purchase price less than, either (i) the price contained
      in
      the Sale Proposal, or (ii) any counter offer to the Sale Proposal which may
      have
      been made by Tenant to Landlords, Landlords must give written notice to Tenant
      of the receipt (and terms and conditions) of such Offer to Buy if Landlords
      accept or intend to accept such Offer to Buy. Tenant may within five (5)
      business days following receipt of such notice, elect to purchase the West
      Bank
      Building under the same terms and conditions as are contained in the Offer
      to
      Buy. Election to accept the Sale Proposal or to purchase under the same terms
      and conditions as the Offer to Buy must be made by timely written notice to
      Landlords. Failure to timely exercise this right of first refusal by accepting
      the Sale Proposal or agreeing to purchase the West Bank Building under the
      same
      terms and conditions as the Offer to Buy, shall be deemed to be a waiver of
      the
      Right of First Refusal. If the West Bank Building is not sold within the one
      hundred eighty (180) day period following receipt of the Sale Proposal by
      Tenant, the West Bank Building shall not then be sold by Landlords without
      first
      giving another Sale Proposal to Tenant as first described above. This Right
      of
      First Refusal shall apply to subsequent sales of the West Bank Building by
      Landlords’ successors and assigns during the term of the Lease, notwithstanding
      the fact that Tenant has declined to purchase the West Bank Building under
      the
      provisions hereof with respect to a previous sale. This Right of First Refusal
      shall not apply to any sale between Landlords, entities controlled by Landlords,
      or parties related to Landlords, by blood or otherwise.

    

    6.
      Other
      Terms.
      All
      other terms and conditions of the Lease shall remain in full force and
      effect.

    

    7.
      Recordation.
      This
      Amendment shall not be filed or recorded by any party hereto with any city,
      county, state or federal government office or agency, except as may become
      necessary in the event of a bona fide legal proceeding which requires such
      filing or recording. Each party agrees upon the request of the other party,
      to
      execute a memorandum of this Amendment in a form suitable for recording to
      protect, preserve or enhance those rights of each party which are protected,
      preserved or enhanced by such recordation.

    

    8.
      Enforceability.
      In the
      event any provision of this Amendment is rendered invalid or unenforceable
      by
      action of federal or state legislation or regulation issued in accordance with
      law or declared null and void by a court of competent jurisdiction, the
      remainder of this Amendment shall remain in effect.

    

    9.
      Entire
      Agreement.
      This
      Amendment represents the entire understanding and agreement made between
      Landlord and Tenant with respect to the subject matter hereof and supersedes
      all
      prior negotiations, correspondence, discussions, and understandings relating
      to
      the subject matter hereof, and may not be modified orally or in any other manner
      than by an agreement in writing signed by all parties to this Amendment or
      their
      respective successors in interest.

    

    10.
      Notices,
      Consents and Demands.
      Notices
      as provided for in this Amendment shall be in writing and shall be given to
      the
      parties hereto at their respective addresses designated on the first page of
      this Amendment. All notices shall be deemed to have been given under the terms
      of this Amendment when sent, if addressed as above designated, postage and/or
      fees prepaid, by (i) registered or certified mail, return receipt requested,
      by
      the United States mail, or (ii) any national air courier service which requires
      a signature from the recipient on delivery.

    

    11.
      Provisions
      to Bind and Benefit Successors and Assigns.
      Each
      and every covenant and agreement herein contained shall extend to and be binding
      upon the respective successors, heirs, administrators, executors and assigns
      of
      the parties hereto.

     

    
      	
              FOR
                LANDLORDS and PALM INVESTORS 

            	 	 	 
	 	 	 	 
	 	 	 	 
	By: /s/
              Richard B. Margulies	 	 	
            
	
              
                

              

              Richard
                B. Margulies, for Landlords and Palm Investors, as to
                paragraph 5

            	 	 	
            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
       

      
        	FOR
                TENANT: WEST
                BANK	 	 	 
	 	 	 	 
	 	 	 	 
	By: /s/
                Sharen K. Surber	 	 	
              
	
                
                  
Sharen
                  K. Surber, Executive Vice President

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00122-of-00352.parquet"}]]