Document:

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                                                                    EXHIBIT 10.6

                             SOUTHERN COMMUNITY BANK
                          SALARY CONTINUATION AGREEMENT

      THIS AGREEMENT is adopted this 26th day of February, 2003, by and between
SOUTHERN COMMUNITY BANK, a state-chartered commercial bank located in Orlando,
Florida (the "Company"), and DENNIS BEDLEY (the "Executive").

                                  INTRODUCTION

      To encourage the Executive to remain an employee of the Company, the
Company is willing to provide salary continuation benefits to the Executive. The
Company will pay the benefits from its general assets.

                                    AGREEMENT

      The Company and the Executive agree as follows

                                    ARTICLE 1
                                   Definitions

      Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:

      1.1 "Change of Control" means the transfer of shares of the Company's
voting common stock such that one entity or one person acquires (or is deemed to
acquire when applying Section 318 of the Code) more than 50 percent of the
Company's outstanding voting common stock; provided, however, that the formation
by the Company of a bank holding company which acquires all or substantially all
of the shares of the Company's voting common stock shall not be deemed a Change
of Control for purposes of this Agreement.

      1.2 "Code" means the Internal Revenue Code of 1986, as amended.

      1.3 "Disability" means the Executive's suffering a sickness, accident or
injury which has been determined by the carrier of any individual or group
disability insurance policy covering the Executive, or by the Social Security
Administration, to be a disability rendering the Executive totally and
permanently disabled. The Executive must submit proof to the Company of the
carrier's or Social Security Administration's determination upon the request of
the Company.

      1.4 "Early Termination" means the Termination of Employment before Normal
Retirement Age for reasons other than death, Disability, Termination for Cause
or following a Change of Control.

      1.5 "Early Termination Date" means the month, day and year in which Early
Termination occurs.

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      1.6 "Effective Date" means January 1, 2003.

      1.7 "Normal Retirement Age" means the Executive's 65' birthday.

      1.8 "Normal Retirement Date" means the later of the Normal Retirement Age
or Termination of Employment.

      1.9 "Plan Year" means a twelve-month period commencing on March I" and
ending on the last day of February of the following year. The initial Plan Year
shall commence on the Effective Date of this Agreement.

      1. 10 "Termination of Employment" means that the Executive ceases to be
employed by the Company for any reason, voluntary or involuntary, other than by
reason of a leave of absence approved by the Company.

      1.11 "Benefit Amount" means $45,500 (Forty Five Thousand Five Hundred
Dollars). Commencing at the end of the first Plan Year, and each Plan Year
thereafter, the Benefit Amount shall be increased four percent (4%) from the
previous Plan Year.

      1.12 "Cause" means: (i) fraud; (ii) embezzlement; (iii) conviction of the
Executive of any felony; (iv) dereliction of duties; or (v) a material breach
of, or the willful failure or refusal by the Executive to perform and discharge
the Executive's duties, responsibilities and obligations under this Agreement;
(vi) any act of moral turpitude or willful misconduct by the Executive intended
to result in personal enrichment of the Executive at the expense of the Company,
or any of its affiliates or which has a material adverse impact on the business
or reputation of the Company or any of its affiliates (such determination to be
made by the Board in its reasonable judgment); (vii) intentional material damage
to the property or business of the Company; (viii) gross negligence; or (ix) the
ineligibility of the Executive to perform his duties because of a ruling,
directive or other action by any agency of the United States or any state of the
United States having regulatory authority over the Company

                                    ARTICLE 2
                                LIFETIME BENEFITS

      2.1 Normal Retirement Benefit. Upon Termination of Employment on or after
the Normal Retirement Age for reasons other than death, the Company shall pay to
the Executive the benefit described in this Section 2.1 in lieu of any other
benefit under this Agreement.

            2.1.1 Amount of Benefit. The annual benefit under this Section 2.1
      the Benefit 2 Amount

            2.1.2 Payment of Benefit. The Company shall pay the annual benefit
      to the Executive in 12 equal monthly installments commencing with the
      month following the Executive's Normal Retirement Date, paying the annual
      benefit to the Executive for a period of fifteen years.

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      2.2 Early Termination Benefit. Upon Early Termination, the Company shall
pay to the Executive the benefit described in this Section 2.2 in lieu of any
other benefit under this Agreement.

            2.2.1 Amount of Benefit. The benefit under this Section 2.2 is the
      Early Termination Annual Benefit set forth in Schedule A for the Plan Year
      ending immediately prior to the Early Termination Date, determined by
      vesting the Executive in 10 percent of the Accrual Balance set forth in
      Schedule A for the first Plan Year and an additional 10 percent of said
      amount for each succeeding year thereafter until the Executive becomes 100
      percent vested in the Accrual Balance. Any increase in the annual benefit
      under Section 2.1.1 shall require the recalculation of this benefit on
      Schedule A. This benefit is determined by calculating a fifteen-year fixed
      annuity from the Accrual Balance, crediting interest on the unpaid balance
      at an annual rate of seven and one-half percent, compounded monthly.

            2.2.2 Payment of Benefit. The Company shall pay the annual benefit
      to the Executive in 12 equal monthly installments commencing with the
      month following the Normal Retirement Age, paying the annual benefit to
      the Executive for a period of fifteen years.

      2.3 Disability Benefit. If the Executive terminates employment due to
Disability prior to Normal Retirement Age, the Company shall pay to the
Executive the benefit described in this Section 2.3 in lieu of any other benefit
under this Agreement.

            2.3.1 Amount of Benefit. The benefit under this Section 2 3 is the
      Disability Annual Benefit set forth in Schedule A for the Plan Year ending
      immediately prior to the date in which the Termination of Employment
      occurs (except during the first Plan Year, the benefit is the amount set
      forth for Plan Year 1), determined by vesting the Executive in 100 percent
      of the Accrual Balance. Any increase in the annual benefit under Section
      2.1.1 would require the recalculation of the Disability benefit on
      Schedule A. This benefit is determined by calculating an fifteen-year
      fixed annuity from the Accrual Balance crediting interest on the unpaid
      balance at an annual rate of seven and one-half percent, compounded
      monthly.

            2.3.2 Payment of Benefit. The Company shall pay the annual benefit
      to the Executive in 12 equal monthly installments commencing with the
      month following the Normal Retirement Age, paying the annual benefit to
      the Executive for a period of fifteen years.

      2.4 Change of Control Benefit. Upon Termination of Employment following a
Change of Control, the Company shall pay to the Executive the benefit described
in this Section 2.4 in lieu of any other benefit under this Agreement.

            2.4.1 Amount of Benefit. The benefit under this Section 2.4 is the
      Change of Control Annual Benefit set forth in Schedule A for the Plan Year
      ending immediately prior to the date in which Termination of Employment
      occurs (except during the first

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      Plan Year, the benefit is the amount set forth for Plan Year 1),
      determined by vesting the Executive in the -Benefit Amount calculated as
      if the Executive had remained in the employment of the Company until the
      Normal Retirement Age.

            2.4.2 Payment of Benefit. The Company shall pay the annual benefit
      to the Executive in 12 equal monthly installments commencing with the
      month following the Normal Retirement Age, paying the annual benefit to
      the Executive for a period of fifteen years.

                                    ARTICLE 3
                                 DEATH BENEFITS

      If the Executive dies prior to the expiration of this Agreement, the
Company shall pay to the Executive's beneficiary a benefit equal to the accrual
balance set forth on Schedule A for the Plan Year most recently completed prior
to the Executive's death, in a lump sum, within 60 days following the
Executive's death. This benefit shall be paid in lieu of the Lifetime Benefits
of Article 2.

                                    ARTICLE 4
                                  BENEFICIARIES

      4.1 Beneficiary Designations. The Executive shall designate a beneficiary
by filing a written designation with the Company. The Executive may revoke or
modify the designation at any time by filing a new designation. However,
designations will only be effective if signed by the Executive and received by
the Company during the Executive's lifetime. The Executive's beneficiary
designation shall be deemed automatically revoked if the beneficiary predeceases
the Executive, or if the Executive names a spouse as beneficiary and the
marriage is subsequently dissolved. If the Executive dies without a valid
beneficiary designation, all payments shall be made to the Executive's estate.

      4.2 Facility of Payment. If a benefit is payable to a minor, to a person
declared incompetent, or to a person incapable of handling the disposition of
his or her property, the Company may pay such benefit to the guardian, legal
representative or person having the care or custody of such minor, incompetent
person or incapable person. The Company may require proof of incompetence,
minority or guardianship as it may deem appropriate prior to distribution of the
benefit. Such distribution shall completely discharge the Company from all
liability with respect such benefit.

                                    ARTICLE 5
                               GENERAL LIMITATIONS

      5.1 Termination for Cause. Notwithstanding any provision of this Agreement
to the contrary, the Company shall not pay any benefit under this Agreement if
the Company terminates the Executive's employment for Cause.

      5.2 Suicide or Misstatement. The Company shall not pay any benefit under
this

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Agreement if the Executive commits suicide within three years after the date of
this Agreement. In addition, the Company shall not pay any benefit under this
Agreement if the Executive has made any material misstatement of fact on an
employment application or resume provided to the Company, or on any application
for any benefits provided by the Company to the Executive.

      5.3 Competition After Termination Of Employment. The Company shall not pay
any benefit, or shall cease paying benefits, under this Agreement if the
Executive, without the prior written consent of the Company, engages in, becomes
interested in, directly or indirectly, as a sole proprietor, as a partner in a
partnership, or as a substantial shareholder in a corporation, or becomes
associated with, in the capacity of employee, director, officer, principal,
agent, trustee or in any other capacity whatsoever, any other federally insured
depository institution headquartered or having a physical presence in any county
in the State of Florida in which the Company or its affiliates have a physical
presence or conduct business operations, which institution is, or may deemed to
be, competitive with any business carried on by the Company, within a period of
one (1) year following Termination of Employment. In the event the Company
determines that the Executive has violated the conditions of this Section 5.3
after receiving benefits under this Agreement, the Executive shall repay to the
Company an amount equal to the benefits paid hereunder, with interest. This
Section 5. 3 shall not be applicable in the case of Termination of Employment
following a Change in Control.

                                    ARTICLE 6
                          CLAIMS AND REVIEW PROCEDURES

      6.1 Claims Procedure. A Participant or beneficiary ("claimant") who has
not received benefits under the Agreement that he ox she believes should be paid
shall make a claim for such benefits as follows:

            6.1.1 Initiation - Written Claim. The claimant initiates a claim by
      submitting to the Company a written claim for the benefits.

            6.1.2 Timing of Company Response. The Company shall respond to such
      claimant within 90 days after receiving the claim. If the Company
      determines that special circumstances require additional time for
      processing the claim, the Company can extend the response period by an
      additional 90 days by notifying the claimant in writing, prior to the end
      of the initial 90-day period, that an additional period is required. The
      notice of extension must set forth the special circumstances and the date
      by which the Company expects to render its decision.

            6.1.3 Notice of Decision. If the Company denies part or all of the
      claim, the Company shall notify the claimant in writing of such denial.
      The Company shall write the notification in a manner calculated to be
      understood by the claimant. The notification shall set forth:

                  (a) The specific reasons for the denial,

                  (b) A reference to the specific provisions of the Agreement on
            which

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            the denial is based,

                  (c) A description of any additional information or material
            necessary for the claimant to perfect the claim and an explanation
            of why it is needed,

                  (d) An explanation of the Agreement's review procedures and
            the time limits applicable to such procedures, and.

                  (e) A statement of the claimant's right to bring a civil
            action under ERISA Section 502(a) following an adverse benefit
            determination on review.

      6.2 Review Procedure. If the Company denies part or all of the claim, the
claimant shall have the opportunity for a full and fair review by the Company
of the denial, as follows:

            6.2.1 Initiation - Written Request. To initiate the review, the
      claimant, within 60 days after receiving the Company's notice of denial,
      must file with the Company a written request for review.

            6.2.2 Additional Submissions - Information Access. The claimant
      shall then have the opportunity to submit written comments, documents,
      records and other information relating to the claim. The Company shall
      also provide the claimant, upon request and free of charge, reasonable
      access to, and copies of, all documents, records and other information
      relevant (as defined in applicable ERISA regulations) to the claimant's
      claim for benefits.

            6.2.3 Considerations on Review. In considering the review, the
      Company shall take into account all materials and information the claimant
      submits relating to the claim, without regard to whether such information
      was submitted or considered in the initial benefit determination.

            6.2.4 Timing of Company Response. The Company shall respond in
      writing to such claimant within 60 days after receiving the request for
      review. If the Company determines that special circumstances require
      additional time for processing the claim, the Company can extend the
      response period by an additional 60 days by notifying the claimant in
      writing, prior to the end of the initial 60-day period, that an additional
      period is required. The notice of extension must set forth the special
      circumstances and the date by which the Company expects to render its
      decision.

            6.2.5 Notice of Decision. The Company shall notify the claimant in
      writing of its decision on review. The Company shall write the
      notification in a manner calculated to be understood by the claimant. The
      notification shall set forth:

                  (a) The specific reasons for the denial,

                  (b) A reference to the specific provisions of the Agreement on
            which the denial is based,

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                  (c) A statement that the claimant is entitled to receive, upon
            request and free of charge, reasonable access to, and copies of, all
            documents, records and other information relevant (as defined in
            applicable ERISA regulations to the claimant's claim for benefits,
            and

                  (d) A statement of the claimant's right to bring a civil
            action under ERISA Section 502(x).

                                    ARTICLE 7
                           AMENDMENTS AND TERMINATION

      This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive.

                                    ARTICLE 8
                                  MISCELLANEOUS

      8.1 Binding Effect. This Agreement shall bind the Executive and the
Company, and their beneficiaries, survivors, executors, successors,
administrators and transferees.

      8.2 No Guarantee of Employment. This Agreement is not an employment policy
or contract. It does not give the Executive the right to remain an employee of
the Company, nor does it interfere with the Company's right to discharge the
Executive. It also does not require the Executive to remain an employee nor
interfere with the Executive's right to terminate employment at any time.

      8.3 Non-Transferability. Benefits under this Agreement cannot be sold,
transferred, assigned, pledged, attached or encumbered in any manner.

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

      8.5 Tax Withholding. The Company shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.

      8.6 Applicable Law. The Agreement and all rights hereunder shall be
governed by the laws of the State of Florida, except to the extent preempted by
the laws of the United States of America.

      8.7 Unfunded Arrangement. The Executive and beneficiary are general
unsecured creditors of the Company for the payment of benefits under this
Agreement. The benefits represent the mere promise by the Company to pay such
benefits. The rights to benefits are not

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subject in any manner to anticipation, alienation, sale, transfer, assignment,
pledge, encumbrance, attachment, or garnishment by creditors. Any insurance on
the Executive's life is a general asset of the Company to which the Executive
and beneficiary have no preferred or secured claim.

      8.8 Entire Agreement. This Agreement constitutes the entire agreement
between the Company and the Executive as to the subject matter hereof. No rights
are granted to the Executive by virtue of this Agreement other than those
specifically set forth herein.

      8.9 Administration and Record-keeping Authority. Except as otherwise
specifically provided herein, the Company shall have the sole responsibility for
and the sole control of the operation, administration, and record-keeping of
this Agreement and shall have the power and authority to take all action and to
make all decisions and interpretations that may be necessary or appropriate in
order to administer and operate the Agreement, including, without limiting the
generality of the foregoing, the power, duty, and responsibility to:

            (i)   Resolve and determine all disputes or questions arising under
                  the Agreement, including the power to determine the rights of
                  the Participant and beneficiaries and their respective
                  benefits, and to remedy any ambiguities, inconsistencies, or
                  omissions in the Agreement;

            (ii)  Adopt such rules of procedure and regulations as in its
                  opinion may be necessary for the proper and efficient
                  administration of the Agreement and as are consistent with the
                  Agreement;

            (iii) Implement the Agreement in accordance with its terms;

            (iv)  Establish and revise the method of accounting for the
                  Agreement; and

            (v)   Maintain a record of benefit payments.

      8.10 Named Fiduciary. The Company shall be the named fiduciary and plan
administrator under this Agreement. It may delegate to others certain aspects of
the management and operational responsibilities including the employment of
advisors and the delegation of ministerial duties to qualified individuals.

      IN WITNESS WHEREOF, the Executive and the Company have signed this
Agreement.

EXECUTIVE:                                         COMPANY:

                                                   Southern Community Bank

                                                   By:   /s/ Alfred J. Cinque
                                                      --------------------------
   /s/ Dennis Bedley                               Title: Director
------------------------------                           -----------------------
Dennis Bedley

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                                                                    EXHIBIT 10.7

                  SOUTHERN COMMUNITY BANK OF SOUTHWEST FLORIDA
                          SALARY CONTINUATION AGREEMENT
                                     BETWEEN
                  SOUTHERN COMMUNITY BANK OF SOUTHWEST FLORIDA
                                       AND
                                RICHARD L. GARNER

      This SALARY CONTINUATION AGREEMENT (this "Agreement") is made and entered
into as of this 11th day of July, 2001, by and between RICHARD L. GARNER, an
individual (the "Executive"), and SOUTHERN COMMUNITY BANK OF SOUTHWEST FLORIDA,
a state-chartered commercial bank located in Bonita Springs, Florida (the
"Company").

                                  INTRODUCTION

      To encourage the Executive to remain an employee of the Company, the
Company is willing to provide salary continuation benefits to the Executive. The
Company will pay the benefits from its general assets.

      The Agreement is intended to be a top-hat plan (i.e., an unfunded deferred
compensation plan maintained for a member of a select group of management or
highly compensated employees) pursuant to Section 201(2), 301(a)(3), and
401(a)(1) of the Employee Retirement Income Security Act of 1974 (ERISA).

                                    AGREEMENT

      The Executive and the Company agree as follows

                                    ARTICLE 1
                                   DEFINITIONS

      Whenever used in this Agreement, the following words and phrases shall
have the meanings specified:

      1.1 "Cause" shall mean: (i) fraud; (ii) embezzlement; (iii) conviction of
the Executive of any felony; (iv) dereliction of duties; or (v) a material
breach of, or the willful failure or refusal by the Executive to perform and
discharge the Executive's duties, responsibilities and obligations under this
Agreement; (vi) any act of moral turpitude or willful misconduct by the
Executive intended to result in personal enrichment of the Executive at the
expense of the Company, or any of its affiliates or which has a material adverse
impact on the business or reputation of the Company or any of its affiliates
(such determination to be made by the Board in its reasonable judgment); (vii)
intentional material damage to the property or business of the Company; (viii)
gross negligence; or (ix) the ineligibility of the Executive to perform his
duties because of a ruling, directive or other action by any agency of the
United States or any state of the United States having regulatory authority over
the Company.

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      1.2 "Change of Control" means the transfer of shares of the Company's
voting common stock such that one entity or one person acquires (or is deemed to
acquire when applying Section 318 of the Code) more than 50 percent of the
Company's outstanding voting common stock; provided, however, that the formation
by the Company of a bank holding company which acquires all or substantially all
of the shares of the Company's voting common stock shall not be deemed a Change
of Control for purposes of this Agreement.

      1.3 "Code" means the Internal Revenue Code of 1986, as amended

      1.4 "Disability" means the Executive's inability as a result of any
physical or mental incapacity due to injury or sickness to perform each of his
material duties for the Company on a fulltime basis for a period of six (6)
months with or without reasonable accommodation.

      1.5 "Early Termination" means the Termination of Employment before Normal
Retirement Age for reasons other than death, Disability, Termination for Cause
or Termination of Employment following a Change of Control.

      1.6 "Early Termination Date" means the month, day and year in which Early
Termination occurs

      1.7 "Effective Date" means July 01, 2001

      1.8 "Normal Retirement Age" means the last day of the Plan Year in which
the Executive's 65th birthday occurs.

      1.9 "Normal Retirement Date means the later of the Normal Retirement Age
or Termination of Employment.

      1.10 "Plan Year" means a twelve-month period commencing on July lst and
ending on June 30th of the following calendar year.

      1.11 "Termination of Employment" means that the Executive ceases to be
employed by the Company.

      1.12 "Year of Service" means a complete year of employment with the
Company subsequent to the Effective Date.

                                    ARTICLE 2
                                LIFETIME BENEFITS

      2.1 Normal Retirement Benefit. Upon Termination of Employment on or after
the Normal Retirement Age for reasons other than death, the Company shall pay to
the Executive the benefit described in this Section 2.1 in lieu of any other
benefit under this Agreement.

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            2.1.1 Amount of Benefit. The annual benefit under this Section 2.1
      is $66,547 (Sixty-six Thousand Five Hundred Forty-seven Dollars.) Any
      changes in the annual benefit shall require the recalculation of Schedule
      A.

            2.1.2 Payment of Benefit. The Company shall pay the annual benefit
      to the Executive in 12 equal monthly installments payable on the first day
      of each month commencing with the month following the Executive's Normal
      Retirement Date. The annual benefit shall be paid to the Executive for
      fifteen (15) years.

            2.1.3 Benefit Increases. Commencing on the first anniversary of the
      first benefit payment, and continuing on each subsequent anniversary, the
      Company's Board of Directors, in its sole discretion, may increase the
      benefit.

      2.2 Early Termination Benefit: Upon Early Termination, the Company shall
pay to the Executive the benefit described in this Section 2.2 in lieu of any
other benefit under this Agreement.

            2.2.1 Amount of Benefit. The benefit under this Section 2.2 is the
      Early Termination Annual Benefit set forth in Schedule A for the Plan Year
      ending immediately prior to the Early Termination Date, determined by
      vesting the Executive in ten percent (10%) of the accrual balance set
      forth in Schedule A for each Year of Service until the Executive becomes
      one hundred percent (100%) vested in the accrual balance for the Plan Year
      most recently completed at Termination of Employment. Interest is added to
      the vested accrual balance at 7.5% annual rate, compounded monthly, until
      commencement of payments. The annual benefit is the total of twelve
      monthly benefits. The monthly benefit is the amount required to fully
      amortize the accumulated vested accrual balance and interest over the
      payment term, including 7.5% annual interest, compounded monthly. Any
      changes in benefit amount in Section 2.1.1 shall require the recalculation
      of Schedule A.

            2.2.2 Payment of Benefit. The Company shall pay the annual benefit
      to the Executive in 12 equal monthly installments payable on the first day
      of each month commencing with the month following the Normal Retirement
      Age. The annual benefit shall be paid to the Executive for fifteen (15)
      years.

            2.2.3 Benefit Increases. Benefit payments may be increased as
      provided in Section 2.1.3

      2.3 Change of Control Benefit. Upon Termination of Employment following a
Change of Control, the Company shall pay to the Executive the benefit described
in this Section 2.3 in lieu of any other benefit under this Agreement.

            2.3.1 Amount of Benefit. The annual benefit under this Section 2.3
      is the Change of Control Annual Benefit set forth in Schedule A for the
      Plan Year ending immediately prior to the date of Termination of
      Employment, determined by vesting the Executive in one-hundred percent
      (100%) of the benefit set forth in Section 2.1.1.

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            2.3.2 Payment of Benefit. The Company shall pay the annual benefit
      amount to the Executive in 12 equal monthly installments payable on the
      first day of each month commencing with the month following the Normal
      Retirement Age. The annual benefit shall be paid to the Executive for
      fifteen (15) years.

            2.3.3 Benefit Increases Benefit payments may be increased as
      provided in Section 2.1.3.

      2.4 Disability Benefit. If the Executive terminates employment due to
Disability prior to Normal Retirement Age, the Company shall pay to the
Executive the benefit described in this Section 2.4 in lieu of any other benefit
under this Agreement.

            2.4.1 Amount of Benefit. The benefit under this Section 2.4 is the
      Disability Annual Benefit set forth in Schedule A~ for the Plan Year
      ending immediately prior to the date in which the Termination of
      Employment occurs, determined by vesting the Executive in one hundred
      percent (100%) of the accrual balance for the Plan Year most recently
      completed at Termination of Employment. Interest is added to the accrual
      balance at 7.5% annual rate, compounded monthly, until commencement of
      payments. The annual benefit is the total of twelve monthly benefits. The
      monthly benefit is the amount required to fully amortize the accumulated
      accrual balance and interest over the payment term, including 7.5% annual
      interest, compounded monthly. Any changes in benefit amount in Section
      2.1.1 shall require the recalculation of Schedule A.

            2.4.2 Payment of Benefit. The Company shall pay the annual benefit
      amount to the Executive in 12 equal monthly installments payable on the
      first day of each month commencing with the month following the Normal
      Retirement Age. The annual benefit shall be paid to the Executive for
      fifteen (15) years.

            2.4.3 Benefit Increases. Benefit payments may be increased as
      provided in Section 2.1.3.

                                    ARTICLE 3
                                 DEATH BENEFITS

      If the Executive dies prior to the expiration of this Agreement, the
Company shall pay to the Executive's beneficiary a benefit equal to the accrual
balance set forth on Schedule A for the Plan Year most recently completed prior
to the Executive's death, in a lump sum, within 60 days following the
Executive's death. This benefit shall be paid in lieu of the Lifetime Benefits
of Article 2.

                                    ARTICLE 4
                                  BENEFICIARIES

      4.1 Beneficiary Designations. The Executive shall designate a beneficiary
by filing a written designation with the Company. The Executive may revoke or
modify the designation at

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any time by filing a new designation. However, designations will only be
effective if signed by the Executive and accepted by the Company during the
Executive's lifetime. The Executive's beneficiary designation shall be deemed
automatically revoked if the beneficiary predeceases the Executive, or if the
Executive names a spouse as beneficiary and the marriage is subsequently
dissolved. If the Executive dies without a valid beneficiary designation, all
payments shall be made to the Executive's estate.

      4.2 Facility of Payment. If a benefit is payable to a minor, to a person
declared incapacitated, or to a person incapable of handling the disposition of
his or her property, the Company may pay such benefit to the guardian, legal
representative or person having the care or custody of such minor, incapacitated
person or incapable person. The Company may require proof of incapacity,
minority or guardianship as it may deem appropriate prior to distribution of the
benefit. Such distribution shall completely discharge the Company from all
liability with respect to such benefit.

                                    ARTICLE 5
                               GENERAL LIMITATIONS

      5.1 Termination for Cause. Notwithstanding any provision of this Agreement
to the contrary, the Company shall not pay any benefit under this Agreement if
the Company terminates the Executive's employment for Cause.

      5.2 Suicide or Misstatement. The Company shall not pay any benefit under
this Agreement if the Executive commits suicide within two years after the date
of this Agreement, or if the Executive has made any material misstatement of
fact on any application for life insurance purchased by the Company.

      5.3 Competition after Termination of Employment. The Company shall not pay
any benefit, or shall cease paying benefits, under this Agreement if the
Executive, without the prior written consent of the Company, engages in, becomes
interested in, directly or indirectly, as a sole proprietor, as a partner in a
partnership, or as a substantial shareholder in a corporation, or becomes
associated with, in the capacity of employee, director, officer, principal,
agent, trustee or in any other capacity whatsoever, any other federally insured
depository institution headquartered or having a physical presence in any county
in the State of Florida in which the Company or its affiliates have a physical
presence or conduct business operations, which institution is, or may deemed to
be, competitive with any business carried on by the Company, within a period of
one (1) year following Termination of Employment. In the event the Company
determines that the Executive has violated the conditions of this Section 5.3
after receiving benefits under this Agreement, the Executive shall repay to the
Company an amount equal to the benefits paid hereunder, with interest. This
Section 5.3 shall not be applicable in the case of Termination of Employment
following a Change in Control.

                                    ARTICLE 6
                          CLAIMS AND REVIEW PROCEDURES

      6.1 Claims Procedure. The Company shall notify any person or entity that
makes a

                                       5
<PAGE>

claim against the Agreement (the "Claimant") in writing, within 90 days of
Claimant's written application for benefits, of his or her eligibility or
noneligibility for benefits under the Agreement. If the Company determines that
the Claimant is not eligible for benefits or full benefits, the notice shall set
forth (1) the specific reasons for such denial, (2) a specific reference to the
provisions of the Agreement on which the denial is based, (3) a description of
any additional information or material necessary for the Claimant to perfect his
or her claim, and a description of why it is needed, and (4) an explanation of
the Agreement's claims review procedure and other appropriate information as to
the steps to be taken if the Claimant wishes to have the claim reviewed. If the
Company determines that there are special circumstances requiring additional
time to make a decision, the Company shall notify the Claimant of the special
circumstances and the date by which a decision is expected to be made, and may
extend the time for up to an additional 90 days.

      6.2 Review Procedure. If the Claimant is determined by the Company not to
be eligible for benefits, or if the Claimant believes that he or she is entitled
to greater or different benefits, the Claimant shall have the opportunity to
have such claim reviewed by the Company by filing a petition for review with the
Company within 60 days after receipt of the notice issued by the Company. Said
petition shall state the specific reasons which the Claimant believes entitle
him or her to benefits or to greater or different benefits. Within 60 days after
receipt by the Company of the petition, the Company shall afford the Claimant
(and counsel, if any) an opportunity to present his or her position to the
Company verbally or in writing, and the Claimant (or counsel) shall have the
right to review the pertinent documents. The Company shall notify the Claimant
of its decision in writing within the 60-day period, stating specifically the
basis of its decision, written in a manner calculated to be understood by the
Claimant and the specific provisions of the Agreement on which the decision is
based. If, because of the need for a hearing, the 60-day period is not
sufficient, the decision may be deferred for up to another 60 days at the
election of the Company, but notice of this deferral shall be given to the
Claimant.

                                    ARTICLE 7
                           AMENDMENTS AND TERMINATION

      This Agreement may be amended or terminated only by a written agreement
signed by the Company and the Executive.

                                    ARTICLE 8
                                  MISCELLANEOUS

      8.1 Binding Effect. This Agreement shall bind the Executive and the
Company, and their beneficiaries, survivors, executors, successors,
administrators and transferees.

      8.2 No Guarantee of Employment. This Agreement is not an employment policy
or contract. It does not give the Executive the right to remain an employee of
the Company, nor does it interfere with the Company's right to discharge the
Executive. It also does not require the Executive to remain an employee nor
interfere with the Executive's right to terminate

                                       6
<PAGE>

employment at any time.

      8.3 Non-Transferability. Benefits under this Agreement cannot be sold,
transferred, assigned, pledged, attached or encumbered in any manner.

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

      8.5 Tax Withholding. The Company shall withhold any taxes that are
required to be withheld from the benefits provided under this Agreement.

      8.6 Applicable Law. The Agreement and all rights hereunder shall be
governed by the laws of the State of Florida, except to the extent preempted by
the laws of the United States of America.

      8.7 Unfunded Arrangement. The Executive and beneficiary are general
unsecured creditors of the Company for the payment of benefits under this
Agreement. The benefits represent the mere promise by the Company to pay such
benefits. The rights to benefits are not subject in any manner to anticipation,
alienation, sale, transfer, assignment, pledge, encumbrance, attachment, or
garnishment by creditors. Any insurance on the Executive's life is a general
asset of the Company to which the Executive and beneficiary have no preferred or
secured claim.

      8.8 Entire Agreement. This Agreement constitutes the entire agreement
between the Company and the Executive as to the subject matter hereof. No rights
are granted to the Executive by virtue of this Agreement other than those
specifically set forth herein.

      8.9 Administration and Record-keeping Authority. Except as otherwise
specifically provided herein, the Company shall have the sole responsibility for
and the sole control of the operation, administration, and record-keeping of
this Agreement and shall have the power and authority to take all action and to
make all decisions and interpretations that may be necessary or appropriate in
order to administer and operate the Agreement, including, without limiting the
generality of the foregoing, the power, duty, and responsibility to:

            (i)   Resolve and determine all disputes or questions arising under
                  the Agreement, including the power to determine the rights of
                  the Participant and beneficiaries and their respective
                  benefits, and to remedy any ambiguities, inconsistencies, or
                  omissions in the Agreement;

            (ii)  Adopt such rules of procedure and regulations as in its
                  opinion may be necessary for the proper and efficient
                  administration of the Agreement and as are consistent with the
                  Agreement;

                                       7
<PAGE>

            (iii) Implement the Agreement in accordance with its terms;

            (iv)  Establish and revise the method of accounting for the
                  Agreement; and

            (v)   Maintain a record of benefit payments.

      8.10 Named Fiduciary. The Company shall be the named fiduciary and plan
administrator under the Agreement. The named fiduciary may delegate to others
certain aspects of the management and operation responsibilities of the plan
including the employment of advisors and the delegation of ministerial duties to
qualified individuals.

      IN WITNESS WHEREOF, the Executive and a duly authorized Company officer
have signed this Agreement.

EXECUTIVE:                                         COMPANY:

                                                   SOUTHERN COMMUNITY BANK OF
                                                   SOUTHWEST FLORIDA

  /s/  Richard L. Garner                           By:   /s/  Clark D. Jensen
------------------------------                        --------------------------
RICHARD L. GARNER                                  Title:  Director
                                                         -----------------------

                                       8
<PAGE>

                          Salary Continuation Agreement
                                Richard L. Garner
                                   Schedule A

<TABLE>
<CAPTION>
                                    Early                                 Early
                                    Termination                           Termination        Change of Control     Disability
Plan     Benefit     Accrual        Vesting          Vested Accrual       Annual Benefit     Annual Benefit        Annual Benefit
Year     Level       Balance        Schedule         Balance              Payable at 65      Payable at 65         Payable at 65
------   -------     -------        -----------      --------------       --------------     -----------------     --------------
<S>      <C>         <C>            <C>              <C>                  <C>                <C>                   <C>
   1     52,593      12,918            10%                1,292                  512              52,593                5,122
   2     52,593      26,839            20%                5,368                1,975              52,593                9,876
   3     52,593      41,840            30%               12,552                4,286              52,593               14,286
   4     52,593      58,007            40%               23,203                7,352              52,593               18,380
   5     52,593      75,428            50%               37,714               11,089              52,593               22,178
   6     52,593      94,201            60%               56,521               15,421              52,593               25,702
   7     52,593      114,433           70%               80,103               20,281              52,593               28,973
   8     52,593      136,234           80%              108,987               25,607              52,593               32,008
   9     52,593      159,729           90%              143,756               31,342              52,593               34,825
  10     52,593      185,047          100%              185,047               37,438              52,593               37,438
  11     52,593      212,330          100%              212,330               39,863              52,593               39,863
  12     52,593      241,732          100%              241,732               42,114              52,593               42,114
  13     52,593      273,416          100%              273,416               44,202              52,593               44,202
  14     52,593      307,560          100%              307,560               46,140              52,593               46,140
  15     52,593      344,355          100%              344,355               47,939              52,593               47,939
  16     52,593      384,006          100%              384,006               49,607              52,593               49,607
  17     52,593      426,736          100%              426,736               51,156              52,593               51,156
  18     52,593      472,782          100%              472,782               52,593              52,593               52,593

</TABLE>

                                       9

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