Document:

EX-10.1

 Exhibit 10.1 
  

 
 

 
 Fiscal Year 2015 Avago Performance Bonus Plan 

For Executive Employees 
  

			
	Document: Annual Performance Bonus Plan for Executives	 	Applicability: Executive employees (Division Vice President, Vice President, Senior Vice President, President and Chief Executive Officer (“CEO”))
		
	Approved: December 9, 2014	 	Effective Date: November 3, 2014
		
	Amended & Restated:	 	Review date: Annual

 Purpose 
 The purpose and
scope of the Avago Performance Bonus (“APB”) Plan Document for Executive Employees is to define the process to award the annual incentive bonus and to ensure the Plan parameters are managed consistently across Avago Technologies (the
“Company”). 
 Introduction 
 The Company has
established the Avago Performance Bonus (“Program”) for eligible executive employees. The objectives of this discretionary Program are to: 
  

	 	•	 	Share the success of the Company 

  

	 	•	 	Reward employees for outstanding business results 

  

	 	•	 	Recognize levels of individual performance multiplier 

  

	 	•	 	Foster teamwork 

  

	 	•	 	Retain employees 

 Program Period 

Incentive awards under the Program are based on Corporate performance and, where applicable, Business Division or Function performance measured against
predetermined targets for each Program period. The Program period begins on the first day of each fiscal year and ends on the last day of the fiscal year. 

  
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Avago Technologies Confidential 

 Eligibility 

Prior to the beginning of each Program period the criteria for participation in the Program will be set by the Compensation Committee of the Company’s
Board of Directors (the “Compensation Committee”) at its sole discretion. 
 Conditions of Eligibility: All regular full-time and regular
part-time executive employees who are: 
  

	 	•	 	Not on a Sales Incentive Plan (SIP) 

  

	 	•	 	Employed before fiscal year fourth quarter 

  

	 	•	 	Employed on the APB payout date 

  

	 	•	 	On leave of absence (“LOA”) with eligible earnings during the Program period 

 Description

 The performance results for the Program period are based on a weighting system comprised of Corporate performance and where applicable Business
Division/Function performance. 
  

			
	Corporate Performance	  	Corporate performance for the Program period will be based on the attainment of Company targets as defined for the specific fiscal year: Targets are set by the CEO and the Compensation Committee. Attainment measurements and
targets are maintained by Finance.
		
	Business Division or Function Performance	  	Business Division or Function performance for the Program period will be based on the attainment of Business Division or Function goals. Goals are set by the CEO and the Compensation Committee. Attainment measurements and targets
are maintained by Finance.
		
	Program Award Determination	  	The Program award payout (“Program Award”) for each participant will be determined as follows.

 Definitions: 
  

	 	1.	Eligible Earnings: Represents base wages paid during the performance period and includes vacation, holiday and sick pay. Eligible earnings exclude disability payments, bonus payments and allowances. Total
eligible earnings for the Program period will reflect part-time status, unpaid LOA, hire date or re-hire date. 

  

	 	2.	Attainment %: Payout on performance attainment for each goal between the threshold and the maximum will be determined by a linear formula. 

 

	 	3.	Performance Multiplier: Based on performance each participant, other than the CEO, will be assigned a performance multiplier on a scale of 0.5 to 1.5 by the CEO, subject to the review and approval of the
Compensation Committee. In the discretion of the Compensation Committee, the CEO may be assigned a performance multiplier on a scale of 0.5 to 1.5. 

  
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Avago Technologies Confidential 

	 	4.	Target Bonus Percent: Percent of eligible earnings that will be paid if the Company and Business Division/Function attainment is 100% of goals. This percent is assigned to each executive function or individual,
as determined by the CEO and the Compensation Committee. 

 Target Bonus Percent is prorated based on eligibility and may be
prorated based on a change in an executive’s function or position that results in a change in Target Bonus Percentage during the performance period. 

Any exceptions require approval from both the CEO and the Compensation Committee 

Payout 
 The fiscal year end payout is made in cash after
the end of the fiscal year and is calculated using the payout formula based on: 
  

	 	•	 	Actual attainment against fiscal year Corporate and Division/Function metrics 

  

	 	•	 	Current year performance multiplier 

 Payout formula 

 

													
	 FY Eligible

Earnings
	 	×	 	Attainment %	 	×	 	 Performance

Multiplier
	 	×	 	Target Bonus %
	

	 		 	

	 		 	

	 		 	

	 Eligible

Earnings Paid in
 Local
Currency
	 		 	 Performance Result

for Company and
 Business
	 		 	 Individual

Multiplier
	 		 	 Individual Bonus %

Based on Job Level

  

																					
	 Metric
	  	Weight	 	 	Threshold	 	 	Payout
Minimum	 	 	Payout
Target	 	 	Payout
Maximum	 
	 Revenue Growth
	  	 	25	% 	 	 	10	%1 	 	 	50	% 	 	 	100	% 	 	 	150	% 
	 Operating Profit
	  	 	25	% 	 	 	90	%1 	 	 	50	% 	 	 	100	% 	 	 	150	% 
	 Business Division or Function Results (includes Direct Expenses)
	  	 	50	% 	 	 
 
 	Division/
Function
Specific2	  
  
  	 	 	50	% 	 	 	100	% 	 	 	150	% 

	1 	To be validated by Finance each year. 

	2 	Direct Expenses have a payout range of minimum 80% to maximum 120% 

 In the event the Compensation Committee
elects to assign the CEO a Performance Multiplier greater than 1.0, the Compensation Committee may elect to pay the portion of the CEO’s bonus amount that exceeds the bonus amount calculated using a Performance Multiplier of 1.0 in the form of
an equity award, instead of paying such amount in cash. The Compensation Committee shall determine the type and terms of any such equity award, which award shall be granted under the Company’s 2009 Equity Incentive Award Plan. 

  
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Avago Technologies Confidential 

 Policies and Practices 

Various considerations may impact the administration and payout of the Program. Such considerations may include, but are not limited to the following: 

 

	 	1.	Program Administration: The Compensation Committee will establish guidelines for the Program in line with corporate strategies and objectives. The Compensation Committee has final authority as to any issues
related to the interpretation and the administration of the Program, including the resolution of any unusual circumstances. 

  

	 	2.	Compensation Committee Discretion: The Compensation Committee will set the Program performance targets. The Compensation Committee may, at its sole discretion, at any time alter, amend, suspend or in any other
way modify the Program to align with the changing needs of the Company without prior notification to any participant. 

  

	 	3.	Payment Authorization: Employees will be eligible to participate in the APB program period if they are employed before the fiscal year fourth quarter and remain employed on the payout date. All awards must be
approved by the CEO and the Compensation Committee. The Program award will be paid in full, as soon as administratively feasible, following the end of a Program period. 

 

	 	4.	Termination: Any employee may be excluded from Program participation, at any time, at the sole discretion of the Compensation Committee. Except as required by applicable law or regulation, in order to receive a
Program award payment for the applicable Program period, an employee must be: (1) on the payroll, and (2) an eligible participant of the Program at the time of payout. Except as required by applicable law or regulation, the Company will
not seek repayment of a valid bonus payout if the employee terminates employment after payment for the previous performance period. 

  

	 	5.	Pro-rated Payments: Pro-rated payment will be made in cases as set forth below: 

  

	 	•	 	Position changes from non-sales to sales (on SIP) or from sales (on SIP) to non- sales. 

  

	 	•	 	Transfer between Business Divisions or Functions during the fiscal year of the performance period. 

  

	 	•	 	Termination for disability: In the event a participant terminates employment with the Company for disability reasons, such employee will be considered eligible for completed plan periods in which the employee
participated. 

  

	 	•	 	Termination upon death: Upon the death of a participant, the award will be paid along with all other payouts based on eligible earnings during the Program period. Payment will be made to legal beneficiaries, as
designated by the employee and on file with the Company. 

  
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Avago Technologies Confidential 

	 	6.	Right of Employment and Payment: Management and the Compensation Committee reserve the right, at their sole discretion, to restrict participation in the Program at any time. Participation under this Program does
not affect the employment status of the participant and does not imply continued employment with the Company. Either participant or Company may terminate the employment relationship at any time, for any reason, with or without cause.

 Payments made under the Program are not an element of the participant’s salary or base compensation
(“Compensation”) and shall not be considered as part of such Compensation in the event of severance, redundancy, resignation or any other situation unless required by local law. The granting and receipt of payments under the Program is
voluntary and at the Compensation Committee’s sole discretion, and does not constitute a claim for further payments regardless of how many times such payments have previously been granted to the participant. 

 

	 	7.	Unfunded Status/Right of Assignment: No assets are reserved for this Program and no person has a right or interest in Company assets as a result of the existence of this Program. No right or interest in the
Program may be assigned or transferred, or subject to any lien, directly, by operation of law or otherwise, including without limitation, bankruptcy, pledge, garnishment, attachment, levy or other creditor’s process. 

 

	 	8.	Taxes: All awards payable under the Program are taxable as ordinary income in the year of payment and subject to applicable taxes and withholdings. Employees on a temporary relocation are paid and taxed from
their home country. 

  

	 	9.	Plan Amendment or Termination: The Compensation Committee may amend or terminate this Program at any time. While the Compensation Committee intends that any amendment or termination would be prospective, the
Compensation Committee reserves the right to act retroactively without prior written notice to the participants. 

  

	 	10.	Final Decision: The Compensation Committee will make the final determination as to the eligibility for participation in the Program and any other applicable terms. All decisions made by the Compensation Committee
regarding this Program shall be final. 

 This Program shall be governed by local laws and regulations. 

  
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Avago Technologies Confidential 

 APPENDIX 

Payout Examples at Target: 
 This example of the fiscal
year end payout is based on the following assumptions: 
  

	 	•	 	Employed full-time during the entire fiscal year 

  

	 	•	 	Annual Eligible Earnings in local currency is 100,000 

  

	 	•	 	Performance Multiplier is 1.5 or 150% applies 

  

	 	•	 	Bonus target is 30% 

  

	 	•	 	Corporate attainment for the fiscal year is 100% 

  

	 	•	 	Division attainment is 100% 

 (Note: The example does not represent actual executive level bonus targets or
salaries) 
 Payment: The fiscal year end payout is made after the end of the fiscal year and is calculated using the formula based on: 

 

	 	•	 	Actual attainment against fiscal year Corporate and Division/Function metrics 

  

	 	•	 	Current year performance multiplier 

  

																					
	 Metric
	  	Weight	 	 	Threshold	 	 	Payout
Minimum	 	 	Payout
Target	 	 	Payout
Maximum	 
	 Revenue Growth
	  	 	25	% 	 	 	10	% 	 	 	50	% 	 	 	100	% 	 	 	150	% 
	 Operating Profit
	  	 	25	% 	 	 	90	% 	 	 	50	% 	 	 	100	% 	 	 	150	% 
	 Business Division or Function Results
	  	 	50	% 	 	 
 
 	Division/
Function
Specific	  
  
  	 	 	50	% 	 	 	100	% 	 	 	150	% 

 Payout Formula 
  

																	
	 FY Eligible

Earnings
	  	×	  	Attainment %	  	×	  	 Performance

Multiplier
	  	×	  	Target Bonus %	  		  	
	

	  		  	

	  		  	

	  		  	

	  		  	
	 Eligible

Earnings Paid in Local Currency
	  		  	Performance Result for Company and Business	  		  	 Individual

Multiplier
	  		  	Individual Bonus % Based on Job Level	  		  	
									
	200,000	  	×	  	100%	  	×	  	150%	  	×	  	30%	  	=	  	90,000
payout

  
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Avago Technologies ConfidentialExhibit 10.1

 

DIRECTOR SUPPORT AGREEMENT

 

This Director Support Agreement (this “Agreement”),
dated as of December 5, 2014, is entered into by and among the undersigned member of the board of directors (the “Director”)
of SmartFinancial, Inc., a Tennessee corporation and registered bank holding company (“SmartFinancial”), Cornerstone
Bancshares, Inc., a Tennessee corporation and registered bank holding company (“Bancshares”), and Cornerstone
Community Bank, a Tennessee-chartered banking corporation (“Cornerstone” and together with Bancshares,
the “Cornerstone Parties”).

 

RECITALS

 

WHEREAS, concurrently with or following
the parties’ execution of this Agreement, Bancshares, Cornerstone, SmartFinancial, and SmartBank, a Tennessee-chartered banking
corporation and wholly-owned subsidiary of SmartFinancial (“SmartBank”), have entered into or will enter into
an Agreement and Plan of Merger (as the same may be amended from time to time, the “Merger Agreement”)
providing for, among other things, the merger of SmartFinancial with and into Bancshares, with Bancshares to be the corporation
to survive such merger, in accordance with Tennessee law and upon and subject to the terms and conditions set forth in the Merger
Agreement (the “Holding Company Merger”);

 

WHEREAS, as a condition to their willingness
to enter into the Merger Agreement, the Cornerstone Parties have required that the Director execute and deliver this Agreement;
and

 

WHEREAS, in order to induce the Cornerstone
Parties to enter into the Merger Agreement, the Director is willing to make certain representations, warranties, covenants, and
agreements with respect to the shares of common stock, par value $1.00 per share, of SmartFinancial (the “SmartFinancial
Stock”) owned by the Director and set forth below the Director’s signature on the signature page to this Agreement
(the “Original Shares,” and together with any additional shares of SmartFinancial Stock or any other
class or series of capital stock of SmartFinancial contemplated by Section 6 hereof, the “Shares”).

 

NOW, THEREFORE, in consideration of the
premises and for other good and valuable consideration, the receipt, sufficiency, and adequacy of which are hereby acknowledged,
the parties hereto agree as follows:

 

1.          Defined
Terms. Capitalized terms used but not defined in this Agreement shall have the respective meanings ascribed to them in the
Merger Agreement.

 

2.          Representations
of Director. The Director represents and warrants to the Cornerstone Parties that:

 

(a)          The
Director owns all of the Original Shares free and clear of any and all Liens, and, except for this Agreement, there are no options,
warrants, or other rights, agreements, arrangements, or commitments of any character to which the Director is a party or by which
the Director is bound or subject relating to the pledge, disposition, or voting of any of the Original Shares, and there are no
voting trusts or voting agreements with respect to the Original Shares.

 

(b)          The
Director does not own any shares of SmartFinancial Stock, or any shares of any other class or series of capital stock of SmartFinancial,
other than the Original Shares.

 

(c)          The
Director has full power and authority and legal capacity to enter into, execute, and deliver this Agreement and to perform fully
the Director’s obligations hereunder. This Agreement has been duly and validly executed and delivered by the Director and
constitutes the legal, valid, and binding obligation of the Director enforceable against the Director in accordance with its terms.

 

    	 

    	 

    

  

 

(d)          Neither
the execution and delivery of this Agreement by the Director, the consummation by the Director of the transactions contemplated
hereby, nor compliance by the Director with or performance by the Director of any of the provisions hereof will conflict with or
result in a breach of, or constitute a default (with or without notice or lapse of time or both) under any provision of, (i) any
trust agreement, loan or credit agreement, note, bond, mortgage, deed of trust, indenture, lease, order, or other contract, agreement,
or instrument to which the Director is a party, by which the Director or any of the Director’s property or assets are bound,
or to which the Director or any of the Director’s property or assets are subject, or (ii) any Law applicable to or biding
upon the Director or the Director’s property or assets.

 

(e)          No
consent, approval, or authorization of, or designation, declaration, or filing with, any Governmental Entity or other Person on
the part of the Director is required in connection with the valid execution and delivery of this Agreement. No consent of the Director’s
spouse is necessary under any “community property” or other Laws in order for the Director to enter into and perform
the Director’s obligations under this Agreement.

 

3.          Agreement
to Vote Shares. The Director agrees, during the term of this Agreement, to vote the Shares, and to cause any holder of record
of the Shares to vote the Shares: (a) in favor of the Merger Agreement and the Holding Company Merger and such other matters as
are required to be approved by the shareholders of SmartFinancial in order for the consummation of the transactions contemplated
by the Merger Agreement, in each case to the extent the Shares are entitled to vote on such matters, at every meeting of the shareholders
of SmartFinancial at which such matters are considered and at every adjournment or postponement thereof, and (b) against (i) any
Acquisition Proposal, (ii) any action, proposal, transaction, agreement, or other matter which could reasonably be expected to
result in a breach of any representation, warranty, covenant, or other obligation or agreement of SmartFinancial or SmartBank under
the Merger Agreement or of the Director under this Agreement, and (iii) any action, proposal, transaction, agreement, or other
matter that could reasonably be expected to impede, interfere with, delay, discourage, adversely affect, or inhibit the timely
consummation of the Holding Company Merger, or the fulfillment of any condition to the consummation of the Holding Company Merger
set forth in the Merger Agreement, or change in any manner the voting rights of any class or series of shares of capital stock
of SmartFinancial (including any amendment to the charter or bylaws of SmartFinancial); provided, however, that,
if the manner in which the Shares are owned is such that the Director cannot absolutely cause the Shares to be so voted, the Director
shall use the Director’s best efforts to cause the Shares to be so voted.

 

4.          No
Voting Trust or Other Arrangement. The Director agrees that the Director will not, and will not permit any Person under the
Director’s control to, deposit any of the Shares in a voting trust, grant any proxies with respect to the Shares inconsistent
with this Agreement, or subject any of the Shares to any arrangement with respect to the voting of the Shares, other than agreements
entered into with the Cornerstone Parties.

 

5.          Transfer
and Encumbrance. The Director agrees that, during the term of this Agreement, the Director will not, directly or indirectly,
transfer, sell, offer, exchange, assign, pledge, or otherwise dispose of or encumber (collectively, “Transfer”)
any of the Shares, or enter into any contract, option, or other agreement or arrangement with respect to, or consent to, a Transfer
of any of the Shares or the Director’s voting or economic interest therein; provided, however, that this Section 5
shall not prohibit a Transfer of the Shares by the Director if, as a precondition to such Transfer, the transferee agrees in a
writing, reasonably satisfactory in form and substance to the Cornerstone Parties, to be bound by all of the terms of this Agreement
(including without limitation the provisions of Section 3 hereof pertaining to the voting of the Shares). Any attempted
Transfer of the Shares or any interest therein in violation of this Section 5 shall be null and void.

 

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6.          Additional
Shares. The Director agrees that all shares of SmartFinancial Stock, and all shares of any other class or series of capital
stock of SmartFinancial, which the Director purchases, acquires the right to vote (other than as a named proxy), or otherwise acquires
beneficial ownership (as such term is defined in Rule 13d-3 under the Exchange Act) of after the Director’s execution
of this Agreement shall be subject to the terms of this Agreement and shall constitute Shares for all purposes of this Agreement.

 

7.          Waiver
of Appraisal and Dissenters’ Rights. The Director hereby waives and agrees not to assert or perfect any right of appraisal
or right to dissent arising or existing in connection with the Merger Agreement or the Holding Company Merger or any other matter
required to be approved by the shareholders of SmartFinancial in order for the consummation of the transactions contemplated by
the Merger Agreement, in each case which the Director may have by virtue of ownership of the Shares.

 

8.          Termination.
This Agreement shall terminate upon the earliest to occur of: (a) the Effective Time of the Holding Company Merger, (b) the date
on which the Merger Agreement is terminated in accordance with its terms, and (c) the effective date of any amendment, modification,
or supplement to the Merger Agreement requiring the approval of the shareholders of SmartFinancial as contemplated by Section 10.3
of the Merger Agreement.

 

9.          No
Agreement as Director or Officer. The Director makes no agreement or understanding in this Agreement in the Director’s
capacity as a director of SmartFinancial or an officer of SmartFinancial (if the Director holds any such office), and nothing in
this Agreement (a) will limit or affect any actions or omissions taken by the Director in the Director’s capacity as such
a director or officer, including in exercising rights under the Merger Agreement, and no such actions or omissions shall be deemed
a breach of this Agreement, or (b) will be construed to prohibit, limit, or restrict the Director from exercising the Director’s
fiduciary duties as a director or officer of SmartFinancial.

 

10.         Specific
Performance. Each party hereto acknowledges that it will be impossible to measure in money the damage to the other parties
if a party hereto fails to comply with any of the obligations imposed on the party by this Agreement, that every such obligation
is material, and that, in the event of any such failure, the other parties will not have an adequate remedy at law or adequate
damages. Accordingly, each party hereto agrees that injunctive relief or other equitable remedy, in addition to remedies at law
and/or damages, is the appropriate remedy for any such failure and that it will not oppose the seeking of such relief on the basis
that a party has an adequate remedy at law. Each party hereto agrees that it will not seek, and agrees to waive any requirement
for, the securing or posting of a bond in connection with any other party seeking or obtaining any such equitable relief or remedy.

 

11.         Entire
Agreement; Amendment; Waivers. This Agreement supersedes all prior agreements, written and oral, between or among the parties
hereto with respect to the subject matter hereof and contains the entire, integrated agreement among the parties with respect to
the subject matter hereof. This Agreement may not be amended or supplemented, and no provisions hereof may be modified or waived,
except by an instrument in writing signed by each of the parties hereto. No waiver of any provisions hereof by a party shall be
deemed a waiver of any other provisions hereof by such party, nor shall any such waiver be deemed a continuing waiver of any provision
hereof by such party.

 

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12.         Miscellaneous.

 

(a)          This
Agreement shall be governed by and construed and enforced in accordance with the internal Laws of the State of Tennessee, without
giving effect to any choice or conflict of law provision or rule (whether of the State of Tennessee or any other jurisdiction)
that would cause the application of Laws of any jurisdiction other than those of the State of Tennessee.

 

(b)          Each
of the parties hereto irrevocably agrees that any legal action or proceeding with respect to this Agreement or the rights and obligations
arising hereunder, or for recognition or enforcement of any judgment in respect of this Agreement or the rights and obligations
arising hereunder, brought by any other party hereto or its successors or assigns shall be brought and determined exclusively in
a Tennessee state court of record located in Davidson County, Tennessee, or, in the event (but only in the event) that no such
state court has subject matter jurisdiction over such action or proceeding, in the United States District Court for the Middle
District of Tennessee. Each of the parties hereto hereby irrevocably submits, with regard to any such action or proceeding, for
itself and in respect of its property, generally and unconditionally, to the personal jurisdiction of the aforesaid courts and
agrees that it will not bring any action or proceeding relating to this Agreement or any of the transactions contemplated by this
Agreement in any court or tribunal other than the aforesaid courts. Each of the parties hereto hereby irrevocably waives, and agrees
not to assert, by way of motion, as a defense, by counterclaim, or otherwise, in any action or proceeding with respect to this
Agreement or the rights and obligations arising hereunder, or for recognition or enforcement of any judgment in respect of this
Agreement or the rights and obligations arising hereunder, (i) any claim that it is not personally subject to the jurisdiction
of the above named courts for any reason, (ii) any claim that it or its property is exempt or immune from the jurisdiction of any
such courts or from any legal process commenced in such courts (whether through service of notice, attachment prior to judgment,
attachment in aid of execution of judgment, execution of judgment, or otherwise), and (iii) to the fullest extent permitted by
applicable Law, any claim that (1) the action or proceeding in such courts is brought in an inconvenient forum, (2) the venue of
such action or proceeding is improper, or (3) this Agreement, or the subject matter hereof, may not be enforced in or by such courts.

 

(c)          EACH
PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT
ISSUES, AND, THEREFORE, EACH PARTY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT IT MAY HAVE TO A TRIAL BY JURY IN RESPECT OF
ANY LEGAL ACTION ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT. EACH PARTY TO
THIS AGREEMENT CERTIFIES AND ACKNOWLEDGES THAT (I) NO REPRESENTATIVE OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE,
THAT SUCH OTHER PARTY WOULD NOT SEEK TO ENFORCE THE FOREGOING WAIVER IN THE EVENT OF A LEGAL ACTION, (II) SUCH PARTY HAS CONSIDERED
THE IMPLICATIONS OF THIS WAIVER, (III) SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) SUCH PARTY HAS BEEN INDUCED TO ENTER
INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE MUTUAL WAIVERS AND CERTIFICATIONS IN THIS SECTION 12(C).

 

(d)          If
any term or provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality,
or unenforceability shall not affect any other term or provision of this Agreement or invalidate or render unenforceable such term
or provision in any other jurisdiction. Upon any determination that any term or provision of this Agreement is invalid, illegal,
or unenforceable, the parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent
of the parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby can be
consummated as originally contemplated to the greatest extent possible.

 

    	4

    	 

    

  

(e)          This
Agreement may be executed in multiple counterparts, each of which shall be deemed to be an original but all of which together shall
constitute one and the same instrument.

 

(f)          Each
party hereto shall execute and deliver such additional documents as may be necessary or desirable to effect the transactions contemplated
by and purposes and intent of this Agreement.

 

(g)          All
section headings contained in this Agreement are for convenience of reference only and are not part of this Agreement, and no construction
or reference shall be derived therefrom.

 

(h)          The
obligations of the Director set forth in this Agreement shall not be effective or binding upon the Director until such time as
the Merger Agreement is executed and delivered by SmartFinancial, SmartBank, Bancshares, and Cornerstone.

 

(i)          No
party to this Agreement may assign any of its rights or obligations under this Agreement without the prior written consent of each
of the other parties hereto. Any assignment contrary to the foregoing sentence shall be null and void.

 

(Signature Page Follows)

 

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IN WITNESS WHEREOF, the parties hereto have
executed and delivered this Director Support Agreement as of the date first written above.

 

	 	CORNERSTONE BANCSHARES, INC.
	 	 
	 	By:	/s/ W. Miller Welborn
	 	 	W. Miller Welborn
	 	 	Chairman
	 	 
	 	CORNERSTONE COMMUNITY BANK
	 	 
	 	By:	/s/ W. Miller Welborn
	 	 	W. Miller Welborn
	 	 	Chairman
	 	 
	 	 
	 	Director’s Signature
	 	 
	 	 
	 	Director’s Name (Print)
	 	 
	 	Number of shares of SmartFinancial Stock owned by Director as of the date of this Agreement:
	 	 
	 	______________________________________________________Shares

 

    	6

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