Document:

FREEDOM BANCSHARES, INC.
                            2003 STOCK INCENTIVE PLAN

<PAGE>
                                TABLE OF CONTENTS

                                                                            PAGE
                                                                            ----

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

     1.1  Definitions . . . . . . . . . . . . . . . . . . . . . . . . . . . . .1

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

     2.1  Purpose  of  the  Plan. . . . . . . . . . . . . . . . . . . . . . . .4
     2.2  Stock  Subject  to  the  Plan . . . . . . . . . . . . . . . . . . . .4
     2.3  Administration  of  the  Plan . . . . . . . . . . . . . . . . . . . .4
     2.4  Eligibility  and  Limits. . . . . . . . . . . . . . . . . . . . . . .5

SECTION  3  TERMS  OF  STOCK  INCENTIVES. . . . . . . . . . . . . . . . . . . .5

     3.1  General  Terms  and  Conditions . . . . . . . . . . . . . . . . . . .5
     3.2  Terms  and  Conditions  of  Options . . . . . . . . . . . . . . . . .6
          (a)  Option  Price. . . . . . . . . . . . . . . . . . . . . . . . . .7
          (b)  Option  Term . . . . . . . . . . . . . . . . . . . . . . . . . .7
          (c)  Payment. . . . . . . . . . . . . . . . . . . . . . . . . . . . .7
          (d)  Conditions  to  the  Exercise  of  an  Option. . . . . . . . . .7
          (e)  Termination  of  Incentive  Stock  Option. . . . . . . . . . . .8
          (f)  Special  Provisions  for  Certain  Substitute  Options . . . . .8
     3.3  Treatment  of  Awards  Upon  Termination  of  Service . . . . . . . .8

SECTION  4  RESTRICTIONS  ON  STOCK . . . . . . . . . . . . . . . . . . . . . .8

     4.1  Escrow  of  Shares. . . . . . . . . . . . . . . . . . . . . . . . . .8
     4.2  Restrictions  on  Transfer. . . . . . . . . . . . . . . . . . . . . .9

SECTION  5  GENERAL  PROVISIONS . . . . . . . . . . . . . . . . . . . . . . . .9

     5.1  Withholding . . . . . . . . . . . . . . . . . . . . . . . . . . . . .9
     5.2  Changes  in  Capitalization;  Merger;  Liquidation. . . . . . . . . .9
     5.3  Cash  Awards. . . . . . . . . . . . . . . . . . . . . . . . . . . . 10
     5.4  Compliance  with  Code. . . . . . . . . . . . . . . . . . . . . . . 10
     5.5  Right  to  Terminate  Service . . . . . . . . . . . . . . . . . . . 10
     5.6  Restrictions  on  Delivery  and  Sale  of  Shares;  Legends . . . . 11
     5.7  Non-Alienation  of  Benefits. . . . . . . . . . . . . . . . . . . . 11
     5.8  Termination  and  Amendment  of  the  Plan. . . . . . . . . . . . . 11
     5.9  Stockholder  Approval . . . . . . . . . . . . . . . . . . . . . . . 11
     5.10  Choice  of  Law. . . . . . . . . . . . . . . . . . . . . . . . . . 11
     5.11  Effective  Date  of  the  Plan . . . . . . . . . . . . . . . . . . 11

<PAGE>
                            FREEDOM BANCSHARES, INC.
                            2003 STOCK INCENTIVE PLAN

                             SECTION 1  DEFINITIONS

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

          (a)   "Affiliate"  means
                 ---------

               (1)     any  Subsidiary  or  Parent;

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

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

          (b)  "Bank"  means  Freedom  Bank  of  Georgia  (In  Organization).
                ----

          (c)  "Board of Directors" means the board of directors of the Company.
                ------------------

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

          (e)  "Change  in  Control"  means  any  one of the following events
                -------------------
which  may  occur  after  the  date  a  Stock  Incentive  is  granted:

               (1)  the  acquisition  by  any  individual,  entity  or "group,"
within  the  meaning  of  Section 13(d)(3) or Section 14(d)(2) of the Securities
Exchange  Act  of 1934, as amended, (a "Person") of beneficial ownership (within
the  meaning  of  Rule  13-d-3  promulgated under the Securities Exchange Act of
1934)  of  voting  securities  of the Company or the Bank where such acquisition
causes any such Person to own fifty percent (50%) or more of the combined voting

<PAGE>
power  of  the  then outstanding voting securities entitled to vote generally in
the  election  of  directors;

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

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

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

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

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

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

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

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

                                        2
<PAGE>
               (1)     the  price  at  which  Stock shall have been sold on that
date  or  the  last  trading date prior to that date as reported by the national
securities  exchange  selected by the Committee on which the shares of Stock are
then  actively traded or, if applicable, as reported by the NASDAQ Stock Market;

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

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

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

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

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

          (m) "Option" means a Non-Qualified Stock Option or an Incentive
               ------
Stock  Option.

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

          (o)  "Parent"  means  any  corporation  (other than the Company) in an
                ------
unbroken  chain  of  corporations  ending  with  the Company if, with respect to
Incentive  Stock Options, at the time of granting of the Incentive Stock Option,
each  of  the  corporations  other  than the Company owns stock possessing fifty
percent (50%) or more of the total combined voting power of all classes of stock
in  one  of  the  other  corporations  in  the  chain.

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

          (q)  "Plan"  means  the  Freedom Bancshares, Inc. 2003 Stock Incentive
                ----
Plan.

                                        3
<PAGE>
          (r)  "Stock"  means  the  Company's  common stock, $1.00 par value per
                -----
share.

          (s)  "Stock  Incentive  Agreement"  means  an  agreement  between  the
                ---------------------------
Company  and a Participant or other documentation evidencing an award of a Stock
Incentive.

          (t)  "Stock  Incentives"  means,  collectively,  Incentive  Stock
                -----------------
Options  and  Non-Qualified  Stock  Options.

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

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

                       SECTION 2  THE STOCK INCENTIVE PLAN

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

     2.2     Stock  Subject  to  the  Plan.  Subject to adjustment in accordance
             -----------------------------
with  Section 5.2, 80,000 shares of Stock (the "Maximum Plan Shares") are hereby
reserved  exclusively  for  issuance  upon exercise or payment pursuant to Stock
Incentives.  The  shares  of  Stock  attributable  to  the  nonvested,  unpaid,
unexercised,  unconverted  or otherwise unsettled portion of any Stock Incentive
that  is  forfeited or cancelled or expires or terminates for any reason without
becoming  vested,  paid,  exercised, converted or otherwise settled in full will
again  be  available  for  purposes  of  the  Plan.

     2.3     Administration  of the Plan.  The Plan shall be administered by the
             ---------------------------
Committee.   The Committee shall consist of at least two members of the Board of
Directors.  The  Committee  shall  have  full  authority  in  its  discretion to
determine the officers, employees and directors of the Company or its Affiliates

                                        4
<PAGE>
to  whom Stock Incentives shall be granted and the terms and provisions of Stock
Incentives  subject  to  the  Plan.  Subject  to the provisions of the Plan, the
Committee  shall  have  full  and conclusive authority to interpret the Plan; to
prescribe,  amend  and  rescind  rules  and regulations relating to the Plan; to
determine  the terms and provisions of the respective Stock Incentive Agreements
and  to  make  all  other  determinations  necessary or advisable for the proper
administration  of the Plan.  The Committee's determinations under the Plan need
not  be  uniform and may be made by it selectively among persons who receive, or
are  eligible to receive, awards under the Plan (whether or not such persons are
similarly  situated).  The  Committee's  decisions shall be final and binding on
all Participants.  Each member of the Committee shall serve at the discretion of
the  Board  of Directors and the Board of Directors may from time to time remove
members  from or add members to the Committee.  Vacancies on the Committee shall
be  filled  by  the  Board  of  Directors.

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

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

                      SECTION 3  TERMS OF STOCK INCENTIVES

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

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

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

                                        5
<PAGE>
          (c)  The  date  a  Stock  Incentive is granted shall be the date on
which  the  Committee  has  approved  the  terms  of,  and  satisfaction  of any
conditions  applicable  to,  the grant of the Stock Incentive and has determined
the  recipient  of  the  Stock Incentive and the number of shares covered by the
Stock  Incentive  and  has taken all such other action necessary to complete the
grant  of  the  Stock  Incentive.

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

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

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

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

                                        6
<PAGE>
requirements  and  shall  further  provide  that, if the Participant fails to so
exercise  any  such  portion  of the Option, that portion of the Option shall be
forfeited.

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

          (b)  Option  Term.  The  term of  an  Option  shall be as specified in
               ------------
the  applicable  Stock Incentive Agreement; provided, however that any Incentive
Stock  Option  granted  to  a  Participant  shall  not  be exercisable after the
expiration  of  ten  (10)  years  after  the  date the Option is granted and any
Incentive  Stock  Option  granted  to an Over 10% Owner shall not be exercisable
after  the  expiration  of  five (5) years after the date the Option is granted.

          (c)  Payment.  Payment for all shares of Stock  purchased  pursuant to
               -------
the  exercise  of an Option will be made in any form or manner authorized by the
Committee  in  the Stock Incentive Agreement or by amendment thereto, including,
but  not  limited  to, cash or, if the Stock Incentive Agreement provides (1) by
having  a  number of shares of Stock withheld, the Fair Market Value of which as
of the date of exercise is sufficient to satisfy the Exercise Price, or (2) in a
cashless  exercise  through  a broker. In its discretion, the Committee also may
authorize  (at the time an Option is granted or thereafter) Company financing to
assist  the Participant as to payment of the Exercise Price on such terms as may
be offered by the Committee in its discretion. Payment shall be made at the time
that  the Option or any part thereof is exercised, and no shares shall be issued
or  delivered upon exercise of an Option until full payment has been made by the
Participant.  The holder of an Option, as such, shall have none of the rights of
a  stockholder.

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

                                        7
<PAGE>
          (e)  Termination  of  Incentive Stock Option Status.  With  respect to
               ----------------------------------------------
an  Incentive  Stock  Option,  in  the  event of the Termination of Service of a
Participant,  the  Option  or  portion  thereof held by the Participant which is
unexercised shall expire, terminate and become unexercisable no later than three
(3)  months after the date of termination of employment; provided, however, that
in  the  case  of  a  holder  whose termination of employment is due to death or
Disability,  up  to  one  (1)  year  may be substituted for such three (3) month
period.  For  purposes  of  this  Subsection  (e), Termination of Service of the
Participant  shall not be deemed to have occurred if the Participant is employed
by  another  corporation  (or  a  parent or subsidiary corporation of such other
corporation)  which has assumed the Incentive Stock Option of the Participant in
a  transaction  to  which  Code  Section  424(a)  is  applicable.

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

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

                        SECTION 4  RESTRICTIONS ON STOCK

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

                                        8
<PAGE>
applicable Stock Incentive Agreement, be paid directly to the Participant or, in
the  alternative,  be retained by the Custodian until the expiration of the term
specified  in  the  applicable  Stock  Incentive  Agreement  and  shall  then be
delivered,  together  with  any  proceeds,  with  the  shares  of  Stock  to the
Participant  or  to  the  Company,  as  applicable.

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

                          SECTION 5  GENERAL PROVISIONS

     5.1     Withholding.  The  Company shall deduct from all cash distributions
             -----------
under  the  Plan  any  taxes  required to be withheld by federal, state or local
government.  Whenever  the  Company proposes or is required to issue or transfer
shares  of Stock under the Plan, the Company shall have the right to require the
recipient  to  remit to the Company an amount sufficient to satisfy any federal,
state  and  local  tax  withholding  requirements  prior  to the delivery of any
certificate  or  certificates  for  such  shares.  A  Participant  may  pay  the
withholding  obligation  in  cash,  by tendering shares of Stock which have been
owned  by  the  holder for at least six (6) months prior to the date of exercise
or,  if  the  applicable  Stock  Incentive Agreement provides, a Participant may
elect  to  have  the  number  of shares of Stock he is to receive reduced by the
smallest  number  of  whole  shares  of Stock which, when multiplied by the Fair
Market  Value  of  the  shares  of  Stock determined as of the Tax Date (defined
below),  is  sufficient to satisfy federal, state and local, if any, withholding
obligation arising from exercise or payment of a Stock Incentive (a "Withholding
Election").  A  Participant  may make a Withholding Election only if both of the
following  conditions  are  met:

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

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

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

          (a)   The  number  of  shares  of  Stock  reserved  for  the  grant of
Options,  the  number of shares of Stock reserved for issuance upon the exercise
of  each  outstanding  Option, and the Exercise Price of each outstanding Option
shall  be proportionately adjusted for any increase or decrease in the number of
issued  shares of Stock resulting from a subdivision or combination of shares or
the  payment  of  an  ordinary  stock  dividend in shares of Stock to holders of

                                        9
<PAGE>
outstanding  shares  of Stock or any other increase or decrease in the number of
shares  of  Stock  outstanding  effected without receipt of consideration by the
Company.

          (b)  In  the  event  of  any  merger,  consolidation,  reorganization,
extraordinary  dividend,  spin-off,  sale  of substantially all of the Company's
assets,  other  change  in  the  capital  structure  of the Company or its Stock
(including  any  Change  in  Control)  or  tender offer for shares of Stock, the
Committee,  in  its  sole  discretion, may make such adjustments with respect to
awards  and  take  such  other  action  as  it deems necessary or appropriate to
reflect  or  in  anticipation  of  such  merger,  consolidation, reorganization,
extraordinary  dividend,  spin-off,  sale  of substantially all of the Company's
assets,  other  change  in capital structure or tender offer, including, without
limitation;  the assumption of other awards, the substitution of new awards, the
adjustment  of  outstanding  awards  (with  or  without  the  payment  of  any
consideration),  the  acceleration  of  awards or the removal of restrictions on
outstanding  awards,  all  as  may be provided in the applicable Stock Incentive
Agreement  or, if not expressly addressed therein, as the Committee subsequently
may  determine  in  the event of any such merger, consolidation, reorganization,
extraordinary  dividend,  spin-off,  sale  of substantially all of the Company's
assets,  other  change  in  the capital structure of the Company or its Stock or
tender  offer  for  shares  of Stock or the termination of outstanding awards in
exchange  for  the  cash value, as determined in good faith by the Committee, of
the  vested  and/or  unvested  portion  of  the  award.  The Committee's general
authority  under this Section 5.2 is limited by and subject to all other express
provisions  of  the  Plan.  Any  adjustment  pursuant  to  this  Section 5.2 may
provide,  in  the  Committee's  discretion,  for the elimination without payment
therefor  of  any  fractional  shares that might otherwise become subject to any
Stock  Incentive.

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

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

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

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

                                        10
<PAGE>
     5.6     Restrictions  on  Delivery and Sale of Shares; Legends.  Each Stock
             ------------------------------------------------------
Incentive  is subject to the condition that if at any time the Committee, in its
discretion,  shall  determine that the listing, registration or qualification of
the shares covered by such Stock Incentive upon any securities exchange or under
any  state  or  federal  law  is  necessary or desirable as a condition of or in
connection with the granting of such Stock Incentive or the purchase or delivery
of  shares  thereunder, the delivery of any or all shares pursuant to such Stock
Incentive  may  be  withheld  unless  and  until  such  listing, registration or
qualification  shall  have been effected.  If a registration statement is not in
effect  under the Securities Act of 1933 or any applicable state securities laws
with  respect  to the shares of Stock purchasable or otherwise deliverable under
Stock  Incentives then outstanding, the Committee may require, as a condition of
exercise of any Option or as a condition to any other delivery of Stock pursuant
to  a  Stock  Incentive,  that  the  Participant  or  other recipient of a Stock
Incentive  represent, in writing, that the shares received pursuant to the Stock
Incentive  are being acquired for investment and not with a view to distribution
and  agree  that  the  shares  will  not  be  disposed  of except pursuant to an
effective  registration  statement,  unless  the  Company shall have received an
opinion  of  counsel that such disposition is exempt from such requirement under
the  Securities  Act  of  1933  and  any  applicable state securities laws.  The
Company  may include on certificates representing shares delivered pursuant to a
Stock  Incentive  such  legends  referring  to  the foregoing representations or
restrictions  or  any other applicable restrictions on resale as the Company, in
its  discretion,  shall  deem  appropriate.

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

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

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

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

     5.11     Effective  Date of the Plan.  The Plan shall become effective upon
              ---------------------------
the date the Plan is approved by the Board of Directors.

                                       11
<PAGE>
     IN  WITNESS  WHEREOF, the Company has caused this Plan to be executed as of
______________________,  2003.

                                        FREEDOM  BANCSHARES,  INC.

                                        By: ____________________________________

                                        Title: _________________________________
ATTEST:

__________________________________
Secretary

     [SEAL]

                                       12
<PAGE>EMPLOYMENT AGREEMENT

     THIS  AGREEMENT  is  made as of the 9th day of December, 2002, by and among
FREEDOM  BANCSHARES, INC., a bank holding company incorporated under the laws of
the  State  of  Georgia  (the  "Company");  FREEDOM  BANK  OF  GEORGIA,  (In
Organization), a proposed state bank being organized under the laws of the State
of  Georgia (the "Bank") (collectively, the Company and the Bank are referred to
hereinafter  as  the  "Employer"); and TOM W. RANKIN, a resident of the State of
Alabama  (the  "Executive").

                                    RECITALS:

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

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

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

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

       1.2     "AREA"  shall  mean  the geographic area within the boundaries of
                ----
Jackson  County, Georgia.  It is the express intent of the parties that the Area
as defined herein is the area where the Executive performs services on behalf of
the  Employer  under  this  Agreement  as  of  the  Effective  Date.

       1.3     "BEGINNING  DATE"  shall  mean  November  1,  2002.
                ---------------

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

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

               1.5.1     With  respect  to  termination  by  the  Employer:

                    (a)  A material breach of the terms of this Agreement by the
               Executive,  including,  without  limitation,  failure  by  the
               Executive  to  perform  his  duties  and  responsibilities in the
               manner  and  to  the  extent required under this Agreement, which
               remains  uncured  after  the  expiration  of  thirty  (30)  days
               following  the  delivery  of written notice of such breach to the
               Executive  by  the  Employer.  Such notice shall (i) specifically
               identify the duties that the Board of Directors of the Company or
               the  Bank  believes  the Executive has failed to perform and (ii)
               state  the  facts  upon  which  such  determination  is  made;

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

                    (c)  Arrest  for,  charged  in  relation  to  (by  criminal
               information,  indictment  or  otherwise),  or  conviction  of the
               Executive during the Term of a crime involving breach of trust or
               moral  turpitude  or  any  felony;

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

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

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

     1.6   "CHANGE  OF  CONTROL"  means  any  one  of  the  following  events:
            -------------------

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

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

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

                                        2
<PAGE>
          (d)  the  sale,  transfer or assignment of all or substantially all of
     the  assets  of  the  Company  or  the  Bank  to  any  third  party.

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

       1.8   "DISABILITY"  shall  mean the inability of the Executive to perform
              ----------
each  of  his  material  duties  under  this  Agreement  for the duration of the
short-term  disability  period  under  the  Employer's  policy then in effect as
certified by a physician chosen by the Employer and reasonably acceptable to the
Executive.

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

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

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

       1.12   "TERM"  shall  mean  the  Initial  Term and all subsequent renewal
               ----
periods.

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

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

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

2.   DUTIES.
     ------

     2.1   POSITION.  The Executive is employed as President and Chief Executive
           --------
Officer  of  the Company and the Bank and, subject to the direction of the Board
of  Directors of the Company and the Bank or the applicable Board's designee(s),
shall perform and discharge well and faithfully the duties which may be assigned
to  him  from  time  to  time  by  such  Board  of  Directors  in

                                        3
<PAGE>
connection  with  the  conduct  of  the  Employer's  business.  The  duties  and
responsibilities  of the Executive are set forth on Exhibit "A" attached hereto.
                                                    -----------

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

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

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

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

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

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

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

          (c)  participating in civic and professional affairs and organizations
     and  conferences,  preparing  or  publishing papers or books or teaching so
     long  as  the  Board  of  Directors  of the Company or the Bank approves in
     writing  of  such  activities  prior  to  the Executive's engaging in them.

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

     3.1   TERM.     This  Agreement  shall  remain  in effect  for  the Initial
           ----
Term.  At  the  end  of  the  Initial  Term  and at the end of each twelve-month
extension  thereof,  this  Agreement  shall  automatically  be  renewed  for  a
successive  twelve-month  period unless either party gives written notice to the

                                        4
<PAGE>
other  of its or his intent not to renew this Agreement with such written notice
to  be given not less than ninety (90) days prior to the end of the Initial Term
or  such  twelve-month  period.  In  the  event  such  notice  of non-renewal is
properly  given, this Agreement shall terminate at the end of the remaining term
then  in  effect.

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

          3.2.1     By  the  Employer:

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

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

               (c)  Without  Cause at any time, provided that the Employer shall
          give  the  Executive  thirty  (30)  days'  prior written notice of its
          intent  to terminate, in which event the Employer shall be required to
          continue  to  meet  its obligations to the Executive under Section 4.1
          for  the  greater of (i) the remainder of the Term or (ii) twelve (12)
          months  following  the  effective  date  of  termination;  or

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

          3.2.2     By  the  Executive:

               (a)  For  Cause,  upon written notice to the Employer pursuant to
          Section 1.5.2 hereof, in which event the Employer shall be required to
          continue  to  meet  its obligations to the Executive under Section 4.1
          the  greater  of  (i)  the  remainder  of the Term or (ii) twelve (12)
          months  following  the  effective  date  of  termination;  or

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

                                        5
<PAGE>
          3.2.3  At  any  time upon mutual, written agreement of the parties, in
     which  event the Employer shall have no further obligation to the Executive
     except  for  payment  of  amounts  due  and  owing  under  Section 4 on the
     effective  date  of  termination.

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

     3.3   CHANGE OF CONTROL.  If,  within  six (6) months following a Change of
           -----------------
Control,  the  Executive  terminates his employment with the Employer under this
Agreement  for  Cause  or the Employer terminates Executive's employment without
Cause,  the  Executive,  or in the event of his subsequent death, his designated
beneficiaries  or  his  estate, as the case may be, shall receive, as liquidated
damages,  in lieu of all other claims, a lump sum severance payment equal to the
amount  of  the  Executive's  current  Base  Salary that would be payable over a
period equal to the greater of (i) the remainder of the Term or (ii) twelve (12)
months  following  the  effective date of termination, to be paid in full on the
last  day of the month following the effective date of termination.  In no event
shall  the  payment(s) described in this Section 3.3 exceed the amount permitted
by  Section  280G  of  the  Internal  Revenue  Code,  as  amended  (the "Code").
Therefore,  if  the  aggregate  present  value (determined as of the date of the
Change of Control in accordance with the provisions of Section 280G of the Code)
of  both  the  severance  payment and all other payments to the Executive in the
nature  of  compensation  which  are  contingent  on  a  change  in ownership or
effective  control  of  the  Company  or  the  Bank  or  in  the  ownership of a
substantial  portion  of  the  assets of the Company or the Bank (the "Aggregate
Severance") would result in a "parachute payment," as defined under Section 280G
of  the  Code,  then the Aggregate Severance shall not be greater than an amount
equal  to 2.99 multiplied by Executive's "base amount" for the "base period," as
those  terms  are  defined  under  Section  280G  of the Code.  In the event the
Aggregate  Severance is required to be reduced pursuant to this Section 3.3, the
Executive  shall  be  entitled  to  determine  which  portions  of the Aggregate
Severance  are to be reduced so that the Aggregate Severance satisfies the limit
set  forth  in  the  preceding  sentence.  Notwithstanding any provision in this
Agreement, if the Executive may exercise his right to terminate employment under
this  Section  3.3  or  under  Section  3.2.2(a), the Executive may choose which
provision  shall  be  applicable.

     3.4   EFFECT OF TERMINATION. Upon termination of the Executive's employment
           ---------------------
hereunder  for any reason, the Employer shall have no further obligations to the
Executive  or  the Executive's estate with respect to this Agreement, except for
the  payment  of  any amounts accrued or otherwise due and owing under Section 4
hereof  and unpaid as of the effective date of the termination of employment and
payments  set  forth  in  Sections  3.2.1(a),  (c) and (d), Section 3.2.2(a), or
Section  3.3  as  applicable.

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

                                        6
<PAGE>
     4.1   BASE  SALARY.  The  Executive  shall be compensated at an annual base
           ------------
rate of $135,000 (the "Base Salary").  The obligation for payment of Base Salary
shall  be  apportioned  between  the Company and the Bank as they may agree from
time  to  time  in  their sole discretion.  The Executive's Base Salary shall be
reviewed  by the non-employee directors of the Board of Directors of the Company
and  the  Bank  (the  "Outside  Directors") at least annually, and the Executive
shall be entitled to receive annually an increase in such amount, if any, as may
be  determined  by  the  Outside  Directors  based  on  their evaluations of the
Executive's  performance.  Any  increase in the Executive's Base Salary shall be
generally  at  least  equal to any increase received by other officers similarly
situated  to the Executive.  Base Salary shall be payable in accordance with the
Employer's  normal  payroll  practices,  except  that, Base Salary earned by the
Executive  for  the months of November and December of 2002 shall be accrued and
payable  to  the  Executive  as  of the first payroll period in January of 2003.

     4.2   INCENTIVE COMPENSATION.  The  Executive  shall be eligible to receive
           ----------------------
annual bonus compensation (the "Annual Bonus") in an amount equal to up to fifty
percent  (50%)  of the Executive's Base Salary, which amount shall be determined
based  on performance goals established by the Board of Directors of the Company
and the Bank; provided, however, that the Executive shall only be entitled to an
Annual Bonus if the Bank has a CAMELS rating of 1 or 2 for the year to which the
Annual  Bonus relates.  Any Annual Bonus will be payable within ninety (90) days
following  the  last  day  of  the  calendar year for which such Annual Bonus is
earned.

     4.3   STOCK  OPTIONS.  As  soon  as  practicable after the date hereof, the
           --------------
Company will establish a stock incentive plan and will grant to the Executive an
incentive  stock  option to purchase 20,000 shares of the Company's common stock
at  an  exercise  price  of  $10.00 per share.  The option will be issued by the
Company  pursuant to the Company's stock incentive plan and subject to the terms
of  a  related  stock  option  agreement.  The option will vest according to the
vesting  schedule  set  forth  in the applicable stock option agreement.  Upon a
Change  of Control, the option will become fully vested and exercisable, subject
to  restrictions  as may be imposed by the Bank's primary regulator.  The option
shall  expire  generally upon the earliest of (i) three (3) months following the
Executive's  termination  of  employment;  (ii)  one  (1)  year  following  the
Executive's  termination  of employment due to death or disability; or (iii) the
tenth  anniversary  of  the  option  grant  date.

     4.4   AUTOMOBILE.  The Employer  will  provide the Executive with a monthly
           ----------
automobile  allowance  equal  to  $650  per  month.

     4.5   HEALTH  INSURANCE.  The  Employer  will  reimburse  the Executive for
           -----------------
the cost of premium payments paid by the Executive for COBRA continuation health
insurance  coverage  covering  the  Executive  and  the members of his immediate
family  as  offered  by  the  Executive's  prior employer until such time as the
Executive  and  the  members  of his immediate family are no longer eligible for
COBRA  continuation  health  insurance  coverage  or the Company or the Bank, as
applicable,  adopts  a health insurance plan for employees of the Company and/or
the  Bank,  whichever  occurs  first.

     4.6   RELOCATION EXPENSES.  The  Employer agrees to reimburse the Executive
           -------------------
for  reasonable  and  necessary  moving expenses incurred in connection with the

                                        7
<PAGE>
Executive's  relocation  to the Jackson County, Georgia area in an amount not to
exceed  $4,500.  In addition, for a period of up to six (6) months following the
Beginning  Date,  the  Employer  will reimburse the Executive for reasonable and
necessary  temporary  living  expenses  (including,  but not limited to rent and
utility  expenses) incurred by the Executive in the Jackson County, Georgia area
in  an  amount  not  to  exceed  $400 per week.  As a condition to reimbursement
pursuant  to this Section, the Executive shall submit verification of the nature
and  amount of such expenses in accordance with reimbursement policies from time
to  time  adopted  by the Employer and in sufficient detail to comply with rules
and  regulations  promulgated  by  the  Internal Revenue Service.  The Executive
acknowledges  that  the  Employer  has  made  no  representations concerning the
taxability  or  nontaxability  of any of the reimbursements contemplated by this
Section  4.6.

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

          (a)  reasonable  and  necessary  business  expenses (including travel)
     incurred  by  him in the performance of his duties as approved by the Board
     of  Directors  of  the  Company  and/or  the  Bank;

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

          (c)  the  dues and business related expenditures, including initiation
     fees,  associated  with  membership in a single country club as selected by
     the  Executive and approved by the Board of Directors of the Company and/or
     the  Bank;

provided,  however,  that  the  Executive  shall,  as  a  condition  of  any
reimbursement,  submit verification of the nature and amount of such expenses in
accordance with reimbursement policies from time to time adopted by the Employer
and in sufficient detail to comply with rules and regulations promulgated by the
Internal  Revenue  Service.

     4.8   VACATION.  On a non-cumulative basis, the Executive shall be entitled
           --------
to  four (4) weeks of vacation in each successive twelve-month period during the
Term,  during  which  his  compensation  shall  be  paid  in  full.

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

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

                                        8
<PAGE>
5.    EMPLOYER  INFORMATION.
      ---------------------

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

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

          (a)  to  hold  Employer  Information  in  strictest  confidence;

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

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

In  the  event  that  the  Executive is required by law to disclose any Employer
Information,  the  Executive will not make such disclosure unless (and then only
to  the extent that) the Executive has been advised by independent legal counsel
that such disclosure is required by law and then only after prior written notice
is  given  to the Employer when the Executive becomes aware that such disclosure
has  been  requested and is required by law.  This Section 5 shall survive for a
period  of  two (2) years following termination of this Agreement for any reason
with  respect to Confidential Information, and shall survive termination of this
Agreement  for  any  reason  for so long as is permitted by applicable law, with
respect  to  Trade  Secrets.

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

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

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

for  a period of twelve (12) months thereafter, he will not (except on behalf of
or  with  the  prior  written  consent of the Employer), within the Area, either
directly  or  indirectly,  on  his  own behalf or in the service or on behalf of
others,  as an executive employee or in any other capacity which involves duties
and  responsibilities similar to those undertaken for the Employer (including as

                                        9
<PAGE>
an  organizer,  director  or  proposed  executive  officer  of  a  new financial
institution),  engage  in  any  business which is the same as or essentially the
same  as  the  Business  of  the  Employer.

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

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

for  a period of twelve (12) months thereafter, he will not (except on behalf of
or  with the prior written consent of the Employer), within the Area, on his own
behalf  or in the service or on behalf of others, solicit, divert or appropriate
or  attempt  to  solicit,  divert  or  appropriate, any business from any of the
Employer's  customers,  including  prospective  customers actively sought by the
Employer,  with  whom  the Executive has or had material contact during the last
two  (2) years of his employment, for purposes of providing products or services
that  are  competitive  with  those  provided  by  the  Employer.

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

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

for  a period of twelve (12) months thereafter, he will not, within the Area, on
his  own  behalf  or  in the service or on behalf of others, solicit, recruit or
hire  away  or  attempt  to  solicit,  recruit or hire away, any employee of the
Employer,  whether  or  not:

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

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

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

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

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

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

                              Freedom  Bancshares,  Inc.
                              244  John  B.  Brooks  Rd.
                              Pendagrass,  GA  30567

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

                              Freedom  Bank  of  Georgia
                              244  John  B.  Brooks  Rd.
                              Pendagrass,  GA  30567

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

                              Tom  W.  Rankin
                              P.O.  Box  1575
                              Albertville,  AL  35950

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

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

                                       11
<PAGE>
14.     WAIVER.  A  waiver  by one party to this Agreement of any breach of this
        ------
Agreement  by the other party to this Agreement shall not be effective unless in
writing,  and no waiver shall operate or be construed as a waiver of the same or
another  breach  on  a  subsequent  occasion.

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

16.     ATTORNEYS'  FEES.  In the event that the parties have complied with this
        ----------------
Agreement  with respect to arbitration of disputes and litigation ensues between
the  parties  concerning  the  enforcement  of  an  arbitration award, the party
prevailing  in such litigation shall be entitled to receive from the other party
all reasonable costs and expenses, including without limitation attorneys' fees,
incurred  by  the  prevailing  party in connection with such litigation, and the
other  party  shall pay such costs and expenses to the prevailing party promptly
upon  demand  by  the  prevailing  party.

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

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

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

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

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

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

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

                                          FREEDOM  BANCSHARES,  INC.

                                          By:         /s/  Thomas  H.  Hardy
                                                 -------------------------------
                                                 Signature

                                                      Thomas  H.  Hardy
                                                 -------------------------------
                                                 Print  Name

Attest:    /s/ Richard S. Adams, Sr.                  Chairman
       -------------------------------           -------------------------------
       R.S. (Steve) Adams                        Title

                                          FREEDOM  BANK  OF  GEORGIA

                                          By:         /s/  Thomas  H.  Hardy
                                                 ----------------------
                                                 Signature

                                                      Thomas  H.  Hardy
                                                 -------------------------------
                                                 Print  Name

Attest:    /s/ Richard S. Adams, Sr.                  Chairman
       -------------------------------           -------------------------------
       R.S. (Steve) Adams                        Title

                                                 /s/Tom  W.  Rankin
                                         ---------------------------------------
                                         TOM  W.  RANKIN

                                         Date:  12-9-02
                                              ----------------------------------

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

                              POSITION DESCRIPTION

                            CHIEF EXECUTIVE OFFICER

Function:
--------

     The  Chief  Executive  Officer  has  responsibility  for  management of all
     aspects  of  the  Company and the Bank to ensure maximum profits within the
     best interests of the shareholders, customers, employees and the community,
     and  consistent  also  with  the  safety  and  soundness  of  the  Bank. In
     conjunction  with  the  Board of Directors of the Company and the Bank, the
     Chief  Executive  Officer  has  responsibility  for  the  formation  and
     maintenance  of  capital,  capital  expenditures,  acquisition  and/or
     disposition  of  assets  and  the  declaration  of  dividends.

     The Chief Executive Officer is responsible for the planning, implementation
     and control of long-term objectives subject to the approval of the Board of
     Directors  of  the  Company  and/or  the  Bank. The Chief Executive Officer
     develops  and maintains organizational structure, hires competent personnel
     and  plans  for  management  succession  with  the  concurrence  of  the
     Compensation  Committee  of  the  applicable  Board of Directors. The Chief
     Executive  Officer  coordinates  major  activities  through  subordinates,
     approves  budgets  and evaluates Company and Bank-wide operations under the
     guidance  of  the  applicable  Board  of  Directors.

     The  Chief  Executive  Officer  provides leadership in establishing overall
     objectives,  policies  and  plans. The Chief Executive Officer develops the
     pricing  and  investment policies in conjunction with various committees of
     the  applicable  Board  of  Directors.  The Chief Executive Officer reviews
     financial and operating statements, and determines adequacy of reserves and
     makes  recommendations  to the Board of Directors of the Company and/or the
     Bank.

     The  Chief  Executive Officer maintains relationships with customers, peers
     within  the  banking  community,  employees,  the Board of Directors of the
     Company  and/or  the  Bank  and  regulators. The Chief Executive Officer is
     responsible  for implementing the overall marketing plan for the bank under
     the  guidance  of the Board. The Chief Executive Officer is responsible for
     shareholder  relationships  and  planning the annual shareholders' meeting.

     The  Chief  Executive  Officer  acts as the principal representative of the
     Company  and  the  Bank  with  the  press,  other businesses, community and
     industry  associations  and  government  agencies.

     The  Chief  Executive  Officer  serves as a member of all committees of the
     Board  of  Directors  of  the  Company  and/or  the  Bank, except the audit
     committee.

                                      A-1
<PAGE>
Reports  to:
-----------

     The  Chief  Executive  Officer  reports  to  the  Board of Directors of the
     Company  and/or  the  Bank.

                                      A-2
<PAGE>

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00046-of-00352.parquet"}]]