Document:

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                                  EXHIBIT 4.6

                      COI SOLUTIONS, INC. OFFICER AGREEMENT

THIS AGREEMENT made this 30 day of September, 2001, among COI SOLUTOIONS, INC.,
a corporation duly incorporated under the laws of Nevada, having its head office
at Las Vegas, (the "COMPANY ") and Naipaul Communications, a corporation duly
incorporated under the laws of Ontario, having its head office at 6-295 Queen
Street East, Suite 438, Brampton, Ontario, L6W 4S6, and GEETA NAIPAUL-DENTON,
(Naipaul Communications and Geeta Naipaul-Denton are hereinafter referred to
collectively as the "OFFICER").

WHEREAS:

1. The Company is engaged in the design, sourcing, development, licensing,
marketing and distribution of various telecommunications products, concepts and
related consulting services to both business and consumer markets.

2. The Company and the Officer have agreed to enter into an employment
relationship for their mutual benefit;

NOW THEREFORE in consideration of the mutual covenants and agreements contained
in this Agreement and other good and valuable consideration (the receipt and
sufficiency of which are hereby acknowledged by each of the parties), the
parties hereto agree as follows:

1.       DUTIES
         The Company appoints the Officer to undertake the duties and exercise
the powers as President of the Company as may be requested of the Officer by the
Board of Directors of the Company, and in the other offices to which she may be
appointed by any subsidiary companies of the Company, and the Officer accepts
the office together with the initial mandate established by the Board of
Directors outlined in Schedule A hereto, on the terms and conditions set forth
in this Agreement.

2.       TERM
         The appointment shall commence with effect from October 1, 2001, for a
minimum of one year and shall continue thereafter until terminated in accordance
with the provisions of this Agreement.

3.       COMPENSATION
    (1) The fixed remuneration of the Officer for his services shall be at the
   rate of US$120,000.00 for the first year of employment pursuant to this
   contract commencing October 1, 2001. The fixed remuneration will be payable
   in equal instalments semi-monthly in arrears in each month during the Term.
   The fixed remuneration shall be reviewed 90 days prior to the anniversary of
   employment pursuant to this contract. The review will be undertaken by
   assessing the Officer's achievement of the over-all objectives established by
   the Company and by having regard to the market rates of remuneration paid in
   the United States for similar duties and responsibilities.

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   (2) In addition to the fixed remuneration, the Officer shall be entitled to
   receive such bonus remuneration, and to participate in officer incentive and
   stock option plans, if any, in respect of each year of employment during the
   Term, as the Board of Directors of the Company or any committee thereof, in
   its sole discretion may authorise.

4.       BENEFITS
    (1) AUTOMOBILE ALLOWANCE. The Officer shall be provided with an automobile
   allowance of US$650.00 per month plus reimbursement for fuel expenses
   generated by the use of the automobile on behalf of the Company on the
   provision by the Officer or receipts acceptable to the Company in connection
   with it.

   (2) EXPENSES. It is understood and agreed that the Officer will incur
   expenses in connection with his duties under this Agreement. The Company will
   reimburse the Officer for any expenses provided that the Officer provides to
   the Company an itemised written account acceptable to the Company with thirty
   days after they have been incurred. The Officer will not be reimbursed for
   any item in excess of US$5,000.00 unless approved in advance by the Board of
   Directors.

   (3) BENEFIT PLANS. The Officer shall participate in all benefit plans which
   the Company provides from time to time to employees of the Company generally
   in accordance with and subject to the terms of the applicable fund, plan or
   arrangement in effect to the Company from time to time.

5.       PRO-RATA ENTITLEMENT IN THE EVENT OF TERMINATION.
         If the Officer's employment is terminated for any reason whatsoever,
   the Officer shall receive the appropriate pro rata portion of the Officer's
   Compensation, Benefits and fully earned bonus remuneration (if any) in
   respect of the year of employment in which the effective date of the
   termination of employment occurs.

6.       AUTHORITY
    (1) The Officer shall have, subject always to the general or specific
   instructions and directions of the Board of Directors of the Company, full
   power and authority to manage and direct the business and affairs of the
   Company (except only the matters and duties as by law must be transacted or
   performed by the Board of Directors or by the shareholders of the Company in
   general meeting), including power and authority to enter into contracts,
   engagements or commitments of every nature of kind in the name of and on
   behalf of the Company and to engage and employ and to dismiss all managers
   and other employees and agents of the Company other than officers of the
   Company, provided always that no contract shall be made which might involve
   the Company in an Expenditure exceeding US $50,000.00 and no person shall be
   engaged or appointed as an employee of the Company at remuneration in excess
   of US$100,000.00 per annum without, in each case, the prior approval of the
   Board of Directors.

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   (2) The Officer shall conform to all lawful instructions and directions given
   to her by the Board of Directors of the Company, and obey and carry out the
   by-laws of the Company.

7.       SERVICE
    (1) The Officer, throughout the term of his appointment, shall devote her
   full time and attention to the business and affairs of the Company and its
   subsidiaries and shall not, without the consent in writing of the board of
   Directors of the Company undertake any other business or occupation or become
   a director, officer, employee or agent of any other company, firm or
   individual.

   (2) The Officer shall well and faithfully serve the Company and its
   subsidiaries and use her best efforts to promote the interests thereof and
   shall not disclose the private affairs or trade secrets of the Company and
   its subsidiaries to any person other than the Directors of the Company or for
   any purposes other than those of the Company any information she may acquire
   in relation to the Company's business.

   (3) The Officer may, during the Term perform duties and provide services to
   other entities, provided that all proposed arrangements are approved in
   advance by the Company, such approval not to be unreasonably withheld and
   that the proposed arrangements do not relate to a competitive business.

8.       NON-COMPETITION
   (1) The Officer agrees with and for the benefit of the Company that for a
   period of six months from the date of termination of the Officer's
   employment, however caused, she will not for any reason, directly or
   indirectly, either as an individual or as a partner or joint venturer or as
   an employee, principal, consultant, agent, shareholder, officer, director, or
   salesperson for any person, firm association, organisation, syndicate,
   company or corporation, on in any manner carry on, be engaged in, concerned
   with, interested in, advise, lend money to, guarantee the debts or
   obligations of, permit her name or any part of it to be used or employed by
   any person, business, firm, association, syndicate, company, organisation or
   corporation concerned with or engaged or interested in a business which is
   the same as, or competitive with, the business of the Company including,
   without limitation, any business relating to Telecommunications within the
   geographical area North America; nor will the Officer solicit or accept
   business with respect to products competitive with those of the Company from
   any of the Company's customers, wherever situate; provided that the Officer
   shall be entitled, for investment purposes, to purchase and trade shares of a
   public company which are listed and posted for trading on a recognised stock
   exchange and the business of which public company may be in competition with
   the business of the Company, provided that the Officer shall not directly or
   indirectly, own more than 10% of the issued share capital of the public
   company, or participate in its management or operation or in any advisory
   capacity.

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   (2) The Officer further agrees that, during employment pursuant to this
   Agreement and for a period of six months following termination of employment,
   however caused, she will not hire or take away or cause to be hired or taken
   away any employee of the Company or, following termination of the Officer's
   employment, any employee who was in the employ of the Company during the six
   months preceding termination.

9.       CONFIDENTIAL INFORMATION
    (1) The Officer acknowledges that as the President and in any other position
   as the Officer may hold, the Officer will acquire information about certain
   matters and things which are confidential to the Company ("Confidential
   Information"), and which information is the exclusive property of the Company
   including but not limited to the following:
         a.   product design and manufacturing information and computer
              programs, codes, materials, prototypes, products samples,
              analyses, reports;

         b.   names and addresses, buying habits and preferences of present
              customers of the Company, as well as prospective customers and all
              other proprietary lists;

         c.   pricing and sales policies, techniques and concepts;

         d.   trade secrets; and

         e.   other Confidential Information concerning the business operations
              or financing of the Company.

   (2) The Officer acknowledges the information as referred to in paragraph 9(1)
   could be used to the detriment of the Company. Accordingly, the Officer
   undertakes not to disclose same to any third party either during the term of
   his employment except as may be necessary in the proper discharge of his
   employment under this Agreement, or after the term of her employment, however
   caused, except with the written permission of an officer of the Company.

   (3) The Officer acknowledges and agrees that without prejudice to any other
   rights of the Company, in the event of his violation or attempted violation
   of any of the covenants contained in paragraphs 8 and 9 of this Agreement, an
   injunction or any other like remedy shall be the only effective remedy or
   protect the Company's rights and property as set out in paragraphs 8 and 9,
   and that an interim injunction may be granted immediately on the commencement
   of any suit.

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   (4) The Officer understands and agrees that the Company has a material
   interest in preserving the relationship it has developed with its customers
   against impairment by competitive activities of a former employee.
   Accordingly, the Officer agrees that the restrictions and covenants contained
   in paragraph 9 and those contained in paragraph 8 of this Agreement and the
   Officer's Agreement to it by his execution of this Agreement, are of the
   essence to this Agreement and constitute a material inducement to the Officer
   to enter into this Agreement and to employ the Officer, and that the Company
   would not enter into this Agreement absent an inducement. Furthermore, the
   claim or cause of action by the Officer against the Company whether
   predicated on this Agreement or otherwise, shall not constitute a defence to
   the enforcement by the Company of the covenants or restrictions provided,
   however, that if any provision shall be held to be illegal, invalid or
   unenforceable in any jurisdiction, the decision shall not affect any other
   covenant or provision of this Agreement or the application of any other
   covenant or provision.

10.      INTELLECTUAL PROPERTY
    (1) Intellectual Property means all legally recognised rights that result or
   derive from the Officer's services provided to the Company or with the
   knowledge, use or incorporation of Confidential Information, and includes but
   is not limited to developments, inventions, designs, works of authorship,
   topographies, improvement and ideas, whether or not patentable, copyrightable
   or registrable, conceived or made by the Officer (individually or in
   collaboration with others) during the Term or which result from or derive
   from the Company's resources or which are reasonably related to the business
   of the Company.

   (2) The Officer agrees to disclose to the Company all Intellectual Property
   developed by the Officer during the Term, either individually or in
   collaboration with others, that relates directly or indirectly to the
   business of the Company. The Officer acknowledges and agrees that all right
   title and interest of any kind whatsoever in and to such Intellectual
   Property and all other matters that the Officer now has or may at any time in
   the future acquire in or relating to the subject matter of Confidential
   Information and all copyrights, patents, rights to apply for patents,
   licenses and all other intellectual property rights that the Officer now has
   or may at any time in the future have in any of the foregoing is and will be
   the exclusive property of the Company and the Company will have absolute
   discretion to determine how to use this intellectual property. All work done
   by the Officer or any other member of the Company is a work for hire under
   which the Company is the first author for copyright purposes. Copyright will
   vest in the Company. On notice from the Company the Officer shall execute
   such documents and do such things, without further consideration but at the
   Company's expense as the Company will reasonably request in order to confirm
   the Officer's assignment of the foregoing property and rights to the Company.

   (3) The Officer hereby waives all moral rights she has or will have in the
   Intellectual Property. The Company may assign the benefit of this waiver to
   any purchaser, assignee or licensee of the Intellectual Property or of any
   portion of the Intellectual Property.

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11.      VACATION
         The Officer shall be entitled during each year to four week's vacation.
The vacation shall be taken at the time or times as the Board of Directors may
determine. The Officer shall be allowed to carry forward any unused vacation
into the next calendar year but not further.

12.      DISABILITY
         If the Officer shall at any time by reason of illness or mental or
physical disability by incapacitated from performing his duties and at the
request of the Company, furnish to the Company satisfactory evidence of the
incapacity and the cause of it, she shall receive her full remuneration for the
first three months or any shorter period and one-half of his full remuneration
for the subsequent three consecutive months during which the incapacity shall
continue. If the Officer shall continue to be incapacitated for a longer period
than six consecutive months or if she shall be incapacitated at different times
for more than six months in the aggregate in any period of one year, then in
either case his employment and appointment shall, at the option of the Company,
immediately terminate.

13.      TERMINATION OF EMPLOYMENT
    (1) The parties understand and agree that this Agreement may be terminated
   in the following manner in the specified circumstances:

         a.  By the Officer, at any time, for any reason, on the giving of six
             months' written notice to the Company. The Company may waive
             notice, in whole or in part.
         b.  By the Company, in its absolute discretion, without any notice or
             pay in lieu thereof, for cause. For the purposes of this Agreement,
             cause includes the following:
              (i) any material breach of the provisions of this Agreement;

              (ii)the commission of any act of bankruptcy by the Officer or
                  compounding with his creditors generally;

              (iii) conviction of the Officer of a criminal offence punishable
                  by indictment, where the cause is not prohibited by law;

              (iv)any mental or physical disability or illness which results in
                  the Officer being unable to substantially perform his duties
                  for a continuous period of 150 days or for periods aggregating
                  180 days, in any period of 365 days. Failure by the Company to
                  rely on the provision of this paragraph in any given instance
                  or instances, shall not constitute a precedent or be deemed a
                  waiver.

   (2) The parties understand and agree that the giving of notice or the payment
   of pay in lieu of notice by the Company to the Officer on termination of the
   Officer's employment shall not prevent the Company from alleging cause for
   the termination.

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   (3) On termination of employment the Officer shall immediately resign all
   offices held (including directorships) in the company and save as provided in
   this Agreement and save as the Officer may be entitled to by virtue of her
   shareholdings in the Company, the Officer shall not be entitled to receive
   any severance payment or compensation for loss of office or otherwise by
   reason of the resignation.

   (4)   Company Property
           The Officer acknowledges that all items of any and every nature or
   kind created or used by the Officer pursuant to the Officer's employment
   under this Agreement, or furnished by the Company to the Officer, and all
   equipment, automobiles, credit cards, books, records, reports, files,
   manuals, literature, Confidential Information or other materials shall remain
   and be considered the exclusive property or the Company at all times and
   shall be surrendered to the Company, in good condition, promptly on the
   termination of the Officer's employment irrespective of the time, manner or
   cause of the termination.

14.      ASSIGNMENT OF RIGHTS
         The rights which accrue to the Company under this Agreement shall pass
to its successors or assigns. The rights of the Officer under this Agreement are
not assignable or transferable in any manner.

15.      NOTICES
         (1) Any notice required or permitted to be given to the Officer shall
be sufficiently given if delivered to the Officer personally or if mailed by
registered mail to the Officer's address last known to the Company.

   (2) Any notice required or permitted to be given to the Company shall be
   sufficiently given if mailed by registered mail to the Company's Head Office
   at its address last known to the Officer.

16.      SEVERABILITY
         In the event that any provision or part of this Agreement shall be
deemed void or invalid by a court of competent jurisdiction, the remaining
provisions or parts shall be and remain in full force and effect.

17.      ENTIRE AGREEMENT
         The contract constitutes the entire Agreement between the parties with
respect to the employment and appointment of the Officer and no representations,
promises, agreements or understandings, written or oral, express or implied, not
contained in this Agreement, shall be valid or binding unless it is in writing
and signed by the party intended to be bound. No waiver of any provision of this
Agreement shall be valid unless the same is in writing and signed by the party
against whom the waiver is sought to be enforced; moreover, no valid waiver of
any provision of this Agreement at any time shall be deemed a waiver of any
other provision of this Agreement at the time or shall be deemed a valid waiver
of the provision at any other time.

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18.      MODIFICATION OF AGREEMENT
         Any modification to this Agreement must be in writing and signed by the
parties or it shall have no effect and shall be void.

19.      HEADINGS
         The headings used in this Agreement are for convenience only and are
not to be construed in any way as additions to or limitations of the covenants
and agreements contained in it.

20.      GOVERNING LAW
This Agreement shall be construed in accordance with the laws of the State of
Nevada.

IN WITNESS WHEREOF this Agreement has been executed by the parties to it, the
day, month and year first written above.

SIGNED, SEALED AND DELIVERED in the presence of:

                                          COI SOLUTIONS, INC.

                                          per:__________________________________
                                          G.W.Evans
                                          "I have authority to bind the company"

                                          GEETA NAIPAUL-DENTON

                                          per:__________________________________
                                          "I have authority to bind the company"

         _________________________        ______________________________________
                  WITNESS                            ROBERT G. JONES

                                       8Employment Agreement with H. Averett Walker

  EXHIBIT 10.4
 EMPLOYMENT AGREEMENT WITH H.
AVERETT WALKER DATED JANUARY 1, 2002
  
 

   
 EMPLOYMENT AGREEMENT
 THIS EMPLOYMENT AGREEMENT (“Agreement”), made and entered into as of January 1, 2002, by and between H. AVERETT WALKER, a resident of the State of Georgia
(“Employee”), and SNB BANCSHARES, INC., a Georgia corporation (“SNB”), and SECURITY BANK OF BIBB COUNTY, a Georgia financial institution (“Bank”). SNB and Bank are hereinafter collectively referred to as
“Employer.”
 W I T N E S S E T H:
 WHEREAS, Employee is currently chief executive officer of the Bank and SNB. Employee and Employer have entered into Employment and Change in Control Agreements in the past and the parties now desire to enter into a comprehensive employment
agreement to replace all prior employment agreements between the parties; and
 WHEREAS, Employer and Employee each deem it necessary and desirable, for their
mutual protection, to execute a written document setting forth the terms and conditions of such agreement;
 NOW, THEREFORE, in consideration of the employment
of Employee by Employer, of the premises and the mutual promises and covenants contained herein, and of other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto, intending to be legally
bound, agree this Employment Agreement shall replace any existing Employment Agreement between the parties and agree as follows:
 1.             Employment and Duties. Bank and SNB hereby employ Employee to serve as President and Chief Executive Officer of Bank
and SNB and to perform such other duties and responsibilities as customarily performed by persons acting in such capacity. During the terms of this Agreement, Employee will devote his full time and effort to his duties hereunder. Employee will
report directly to the Boards of Directors of the Bank and SNB. This Agreement shall replace all former agreements between Employer and Employee, except stock option agreements.
 2.             Term. Subject to the provisions of Sections 12 and 14 of this Agreement,
the period of Employee’s employment under this Agreement shall be deemed to have commenced as of the date of this Agreement, and shall continue for a period of twenty-four (24) calendar months thereafter, and any extensions thereafter, unless
the Employee dies or becomes totally disabled before the end of such twenty-four (24) months, in which case the period of employment shall continue until the end of the month of such death or disability. The said twenty-four (24) month period of
employment shall automatically be extended for additional twelve (12) full calendar months terms without further action by the parties, commencing on the second anniversary of this Agreement and each anniversary thereafter. No such
  
 

  automatic extension shall occur if either party shall, at least ninety (90) days prior to any said anniversary, have served written notice upon the other of
its intention that this Agreement shall not be so extended.
 3.             Compensation. For all services to be rendered by Employee during the term of this Agreement, Employer shall pay
Employee an annual base salary in the amount of $165,388.00 (the “Base Salary”), less normal withholdings, payable in equal monthly or more frequent installments as are customary under Employer’s payroll practices from time to time.
Employer’s Board of Directors shall review Employee’s Base Salary annually and in its sole discretion may adjust Employee’s Base Salary from year to year during the term of this Agreement. The annual compensation adjustment,
(regardless of form), will be determined by the Board after taking into account, among other things, changes in the cost of living, Employee’s performance and the performance of Employer. Any action or review by the Board may be delegated to an
appropriate committee thereof.
 4.             Expenses. So long as Employee is employed hereunder, Employee is entitled to receive reimbursement for, or seek payment directly by Employer of, all reasonable expenses which are consistent with the normal policy of
Employer in the performance of Employee’s duties hereunder, provided that Employee accounts for such expenses in writing.
 5.             Employee Benefits. So long as Employee is actively employed hereunder, Employee will be entitled to participate in
the employee benefit, option, bonus and any other compensation programs covering executive officers of Employer.
 6.             Vacation. Employee shall be entitled to a vacation in accordance with Employer’s vacation policy in effect at
the time the vacation is to be taken.
 7.             Confidentiality. In Employee’s position as an employee of Employer, Employee has had and will have access to confidential information, trade secrets and other proprietary information of vital importance to
Employer and has and will also develop relationships with customers, employees and others who deal with Employer which are of value to Employer. Employer requires as a condition to Employee’s employment with Employer that Employee agrees to
certain restrictions on Employee’s use of the proprietary information and valuable relationships developed during Employee’s employment with Employer. In consideration of the terms and conditions contained herein, the parties hereby agree
as follows:
  
 
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  7.1           Employer and Employee mutually
agree and acknowledge that Employer may entrust Employee with highly sensitive, confidential, restricted and proprietary information concerning various Business Opportunities (as hereinafter defined), customer lists, and personnel matters. Employee
acknowledges that he shall bear a fiduciary responsibility to Employer to protect such information from use or disclosure that is not necessary for the performance of Employee’s duties hereunder, as an essential incident of Employee’s
employment with Employer.
 7.2           For the purposes of this
Section, the following definitions shall apply:
 7.2.1        “Trade
Secret” shall mean the identity and addresses of customers of Employer, the whole or any portion or phase of any scientific or technical information, design, process, procedure, formula or improvement that is valuable and secret (in the sense
that it is not generally known to competitors of Employer) and which is defined as a “trade secret” under Georgia law pursuant to the Georgia Trade Secrets Act.
 7.2.2        “Confidential Information” shall mean any data or information, other than Trade Secrets, which is material to
Employer and not generally known by the public. Confidential Information shall include, but not be limited to, Business Opportunities of Employer (as hereinafter defined), the details of this Agreement, Employer’s business plans and financial
statements and projections, information as to the capabilities of Employer’s employees, their respective salaries and benefits and any other terms of their employment and the costs of the services Employer may offer or provide to the customers
it serves, to the extent such information is material to Employer and not generally known by the public.
 7.2.3        “Business Opportunities” shall mean any specialized information or plans of Employer concerning the provision of financial services to the public, together with all
related information concerning the specifics of any contemplated financial services regardless of whether Employer has contacted or communicated with such target person or business.
 7.2.4        Notwithstanding the definitions of Trade Secrets, Confidential Information, and Business Opportunities set forth above, Trade
Secrets, Confidential Information, and Business Opportunities shall not include any information:
 (i)            that is or becomes generally known to the public;
  
 
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  (ii)           that is already known by
Employee or is developed by Employee after termination of employment through entirely independent efforts;
 (iii)          that Employee obtains from an independent source having a bona fide right to use and disclose such information;
 (iv)          that is required to be disclosed by law, except to the extent eligible for special treatment under
an appropriate protective order; or
 (v)           that
Employer’s Board of Directors approves for release.
 7.3           Employee shall not, without the prior approval of SNB’s Board of Directors, during his employment with Employer and for so long thereafter as the information or data remain Trade Secrets, use or disclose, or negligently permit any
unauthorized person who is not an employee of Employer to use, disclose, or gain access to, any Trade Secrets of Employer, its affiliates, or of any other person or entity making Trade Secrets available for Employer’s use.
 7.4           Employee shall not, without the prior written consent of SNB, during his
employment with Employer and for a period of twenty-four (24) months thereafter as long as the information or data remain competitively sensitive, use or disclose, or negligently permit any unauthorized person who is not employed by Employer to use,
disclose, or gain access to, any Confidential Information to which the Employee obtained access by virtue of his employment with Employer, except as provided in Section 7.2 of this Agreement.
 8.             Observance of Security Measures. During
Employee’s employment with Employer, Employee is required to observe all security measures adopted to protect Trade Secrets, Confidential Information, and Business Opportunity of Employer.
 9.             Return of Materials. Upon the request of Employer
and, in any event, upon the termination of his employment with Employer, Employee shall deliver to Employer all memoranda, notes, records, manuals or other documents, including all copies of such materials containing Trade Secrets or Confidential
Information, whether made or compiled by Employee or furnished to him from any source by virtue of his employment with Employer.
 10.           Severability. Employee acknowledges and agrees that the covenants contained in Sections 7 through 9 of this Agreement shall be
construed as covenants independent of one another and distinct from the remaining terms
  
 
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  and conditions of this Agreement, and severable from every other contract and course of business between Employer and Employee, and that the existence of any
claim, suit or action by Employee against Employer, whether predicated upon this or any other agreement, shall not constitute a defense to Employer’s enforcement of any covenant contained in Sections 7 through 9 of this Agreement.
 11.           Specific Performance. Employee
acknowledges and agrees that the covenants contained in Sections 7 through 9 of this Agreement shall survive any termination of employment, as applicable, with or without Cause, at the instigation or upon the initiative of either party. Employee
further acknowledges and agrees that the ascertainment of damages in the event of Employee’s breach of any covenant contained in Sections 7 through 9 of this Agreement would be difficult, if at all possible. Employee therefore acknowledges and
agrees that Employer shall be entitled in addition to and not in limitation of any other rights, remedies, or damages available to Employer in arbitration, at law or in equity, upon submitting whatever affidavit the law may require, and posting any
necessary bond, to have a court of competent jurisdiction enjoin Employee from committing any such breach.
 12.           Termination. During the term of this Agreement, employment, including without limitation, except as otherwise provided in this
Section 12, all compensation, salary, expenses reimbursement, and employee benefits may be terminated as follows:
 12.1        At the election of Employer for Cause;
 12.2        At Employee’s election, for Good Reason or upon Employer’s breach of any material provision of this Agreement;
 12.3        “Cause” shall mean (i) conduct by Employee that amounts to fraud, material dishonesty, gross
negligence or willful misconduct in the performance of his duties hereunder; (ii) the conviction (from which no appeal may be, or is, timely taken) of the Employee of a felony; (iii) initiation of suspension or removal proceedings against the
Employee by federal or state regulatory authorities acting under lawful authority pursuant to provisions of federal or state law or regulation which may be in effect from time to time; (iv) knowingly violates federal or state banking laws or
regulations ; or (v) refuses to perform a duly authorized directive of the Employer’s Boards of Directors.
 12.4        Upon Employee’s death, or, at the election of either party, upon Employee’s disability as determined in accordance with the standards and procedures under
Employee’s then-current long-term disability
  
 
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  insurance coverage provided by Employer, or, if such disability insurance coverage provided by Employer is not then in place, upon Employee’s disability
resulting in inability to perform the duties described in Section 1 of this Agreement for a period of one hundred eighty (180) consecutive days.
 12.5        At Employee’s election by delivery of the thirty (30) days notice thereof for any reason other than as set forth in Section 12.2 of this Agreement.
 12.6        “Good Reason” shall mean action taken by Employer which results in:
 (i)            a material change in Employee’s status, offices,
titles, reporting requirements, or duties or responsibilities with Employer as in effect on the effective date of this Agreement.
 (ii)           a reduction in Employee’s Base Salary and benefits as in effect on the effective date of the Purchase or as the same may be increased from time to
time, unless a similar reduction is made in salary and benefits of all similarly-situated officers of Employer; or
 12.7        Provided there has not occurred a Change in Control as set forth in Section 14 of this Agreement, if this Agreement is terminated either (i) by Employer at any time for any
reason other than for Cause, (ii) by Employee for Good Reason or (iii) upon Employer’s breach of this Agreement, then Employer shall pay to Employee as Employee’s sole remedy hereunder the Employee’s Annual Salary as defined in
Section 14 of this Agreement for a term of one (1) year. 
 12.8        If the
Agreement is terminated either for Cause or by Employee pursuant to Section 12.5 of this Agreement, Employee shall receive no further compensation or benefits, other than Employee’s Base Salary and other compensation as accrued through the date
of such termination.
 13.           Notice. All notice provided for herein shall be in writing and shall be deemed to be given when delivered in person or deposited in the United States Mail, registered or certified, return receipt requested, with proper postage prepaid and addressed
as follows:
  

	 SNB:
 	  
 	 SNB Bancshares, Inc.
 Attention: H. Averett Walker
 2918 Riverside Drive

P. O. Box 4748
 Macon, Georgia 31208
 

 
  
 
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	 With a copy to:
 	  
 	 Edward J. Harrell, Esq.
 Martin, Snow, Grant & Napier, LLP
 240 Third
Street
 Macon, Georgia 31202-1606
 
	  
 	  
 	  
 
	 Employee:
 	  
 	 Mr. H. Averett Walker
 4336 Old Club Road
 Macon, GA 31210
 

 
 14.           Change in Control. None of the benefits provided in this Section 14 of this Agreement shall be payable to Employee unless during the term of this Agreement, there has been a Change in Control of the Employer, as defined in Section 14.1 below. Upon such a
Change in Control of the Employer during the term of this Agreement, all of the provisions hereof shall become operative immediately.
 14.1        Definitions.
 14.1.1     “Board” or Board of Directors” shall mean the Board of Directors of SNB.
 14.1.2     “Cause” shall mean the same as the definition in Section 12.3.
 14.1.3     “Change in Control” shall mean either
 (i)            the acquisition, directly or indirectly, by any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of
1934, as amended) within any twelve (12) month period of securities of SNB representing an aggregate of twenty-five percent (25%) or more of the combined voting power of SNB’s then outstanding securities; or
 (ii)           during any period of two consecutive years, individuals who at the
beginning of such period constitute the Board, cease for any reason to constitute at least a majority thereof, unless the election of each new director was approved in advance by a vote of at least a majority of the directors then still in office
who were directors at the beginning of the period; or
 (iii)          consummation of (a) a merger, consolidation or other business combination of SNB with any other “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as amended) or affiliate thereof,
other than a merger, consolidation or business combination which would result in the outstanding common stock of SNB immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into common stock of the
surviving entity or a parent or affiliate thereof) at least sixty
  
 
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  percent (60%) of the outstanding common stock of SNB or such surviving entity or parent or affiliate thereof outstanding immediately after such merger,
consolidation or business combination, or (b) a plan of complete liquidation of SNB or an agreement for the sale or disposition by SNB of all or substantially all of SNB’s assets; or
 (iv)          the occurrence of any other event or circumstance which is not covered by (i) through (iii) above which the Board
determines affects control of SNB and, in order to implement the purposes of this Agreement as set forth above, adopts a resolution that such event or circumstance constitutes a Change in Control for the purposes of this Agreement.
 14.1.4     “Code” shall mean the Internal Revenue Code of 1986, as amended.
 14.1.5     “Compensation Committee” shall mean the Compensation Committee of the Board of Directors of
SNB.
 14.1.6     “Disability” shall mean the Employee’s inability as a result of
physical or mental incapacity to substantially perform his duties for SNB on a full-time basis for a period of six (6) months. The determination of whether the Employee suffers a Disability shall be made by a physician acceptable to both the
Employee and SNB.
 14.1.7     “Excess Severance Payment” shall have the same meaning
as the term “excess parachute payment” defined in Section 280G(b)(l) of the Code.
 14.1.8     “Involuntary Termination” shall mean termination of the Employee’s employment by the Employee following a Change in Control which, in the reasonable judgment of the Employee, is
due to (i) a change of the Employee’s responsibilities, position (including status, office, title, reporting relationships or working conditions), authority or duties (including changes resulting from the assignment to the Employee of any
duties inconsistent with his positions, duties or responsibilities as in effect immediately prior to the Change in Control); or (ii) a reduction in the Employee’s compensation or benefits, or (iii) a forced relocation of the Employee outside
the Macon metropolitan area or significant increase in the Employee’s travel requirements. Involuntary Termination does not include retirement (including early retirement) within the meaning of SNB’s retirement plan, or death or Disability
of the Employee.
  
 
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  14.1.9     “Present Value” shall have the same meaning as
provided in Section 280G(d)(4) of the Code.
 14.1.10   “Severance Payment” shall have the same
meaning as the term “parachute payment” defined in Section 280G(b)(2) of the Code.
 14.1.11   “Reasonable Compensation” shall have the same meaning as provided in Section 280G(b)(4) of the Code.
 14.2        Benefits upon Termination Following a Change in Control.
 14.2.1     Termination. The Employee shall be entitled to, and SNB shall pay or provide to the Employee, the benefits described in Section 14.2.2 below if (a) a Change in
Control occurs during the term of this Agreement, and (b) the Employee’s employment is terminated within three (3) years following the Change in Control either (i) by SNB (other than for Cause or by reason of the Employee’s death or
Disability) or (ii) by the Employee pursuant to Involuntary Termination; provided, however, that if:
 (a)           during the term of this Agreement there is a public announcement of a proposal for a transaction that, if consummated, would constitute a Change in Control
or the Board receives and decides to explore an expression of interest with respect to a transaction which, if consummated, would lead to a Change in Control (either transaction being referred to herein as the “Proposed Transaction”);
and
 (b)           the Employee’s employment is thereafter
terminated by SNB other than for Cause or by reason of the Employee’s death or Disability; and
 (c)           the Proposed Transaction is consummated within one year after the date of termination of the Employee’s employment, then, for the purposes of this
Agreement, a Change in Control shall be deemed to have occurred during the term of this Agreement and the termination of the Employee’s employment shall be deemed to have occurred within three (3) years following a Change in Control.

14.2.2     Benefits to be Provided. If the Employee becomes eligible for
benefits under Section 14 above, SNB shall pay or provide to the Employee the benefits set forth in this Section 14.2.2.
 (a)           Salary. The Employee will continue to receive his current salary (subject to withholding of all applicable taxes and any amounts
referred to in Section 14.2.2(c) below) for a period of twenty-four
  
 
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  (24) months from his date of termination in the same manner as it was being paid as of the date of termination; provided, however, that the salary payments provided for hereunder shall be paid in a single lump sum payment, to be paid not later than thirty (30) days after his
termination of employment; provided further, that the amount of such lump sum payment shall be determined by taking the salary payments to be made and
discounting them to their Present Value. For purposes hereof, the Employee’s “current salary” shall be the highest rate in effect during the six-month period prior to the Employee’s termination.
 (b)           Bonuses. The Employee shall receive bonus
payments from SNB for the twenty-four (24) months following the month in which his employment is terminated in an amount for each such month equal to one-twelfth of the average of the bonuses paid to him for the two calendar years immediately
preceding the year in which such termination occurs. Any bonus amounts that the Employee had previously earned from SNB but which may not yet have been paid as of the date of termination shall not be affected by this provision. The bonus amounts
determined herein shall be paid in a single lump sum payment, to be paid not later than 30 days after termination of employment; provided, further, that the amount of such lump sum payment shall be determined by taking the bonus payments (as of the
payment date) to be made and discounting them to their Present Value.
 (c)           Health and Life Insurance Coverage The health and life insurance benefits coverage provided to the Employee at his date of
termination shall be continued at the same level and in the same manner as if his employment had not terminated (subject to the customary changes in such coverages if the Employee retires, reaches age 65 or similar events), beginning on the date of
such termination and ending on the date twenty-four (24) months from the date of such termination. Any additional coverages the Employee had at termination, including dependent coverage, will also be continued for such period at the same level and
on the same terms as provided to the Employee immediately prior to his termination, to the extent permitted by the applicable policies or contracts. Any costs the Employee was paying for such coverages at the time of termination shall be paid by the
Employee by separate check payable to SNB each month in advance. If the terms of any benefit plan referred to in this Section do not permit continued participation by the Employee, then SNB will arrange for other coverage at its expense providing
substantially similar benefits.
  
 
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  (d)           Employee Retirement
Plans. To the extent permitted by the applicable plan, the Employee will be fully vested in and will be entitled to continue to participate, consistent with past practices, in all employee retirement plans maintained by SNB
in effect as of his date of termination, including, to the extent such plans are still maintained by SNB and Bank and any successor plan or plans. The Employee’s participation in such retirement plans shall continue for a period of twenty-four
(24) months from the date of termination of his employment (at which point he will be considered to have terminated employment within the meaning of the plans) and the compensation payable to the Employee under (a) and (b) above shall be treated
(unless otherwise excluded) as compensation under the plan. If full vesting and continued participation in any plan is not permitted, SNB shall pay to the Employee and, if applicable, his beneficiary, a supplemental benefit equal to the Present
Value on the date of termination of employment of the excess of (i) the benefit the Employee would have been paid under such plan if he had been fully vested and had continued to be covered for the 24-month period as if the Employee had earned
compensation described under (a) and (b) above and had made contributions sufficient to earn the maximum matching contribution, if any, under such plan (less any amounts he would have been required to contribute), over (ii) the benefit actually
payable to or on behalf of the Employee under such plan. For purposes of determining the benefit under (i) in the preceding sentence, contributions deemed to be made under a defined contribution plan will be deemed to be invested in the same manner
as the Employee’s account under such plan at the time of termination of employment. SNB shall pay such supplemental benefits (if any) in a lump sum.
 (e)           Effect of Lump Sum Payment. The lump sum payment under (a) or (b) above shall not alter the amounts the
Employee is entitled to receive under the benefit plans described in (c) and (d) above. Benefits under such plans shall be determined as if the Employee had remained employed and received such payments over a period of twenty-four (24)
months.
 (f)            Effect of Death or
Retirement. The benefits payable or to be provided under this Agreement shall cease in the event of the Employee’s death or election to commence retirement benefits under SNB’s retirement plan.
 (g)           Limitation on Amount. Notwithstanding anything
in this Agreement to the contrary, any benefits payable or to be provided to the Employee by SNB or its affiliates, whether pursuant to this
  
 
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  Agreement or otherwise, which are treated as Severance Payments shall be modified or reduced in the manner provided in (h) below to the extent necessary so
that the benefits payable or to be provided to the Employee under this Agreement that are treated as Severance Payments, as well as any payments or benefits provided outside of this Agreement that are so treated, shall not cause SNB to have paid an
Excess Severance Payment. In computing such amount, the parties shall take into account all provisions of Internal Revenue Code Section 280G, including making appropriate adjustments to such calculation for amounts established to be Reasonable
Compensation.
 (h)           Modification of
Amount. In the event that the amount of any Severance Payments that would be payable to or for the benefit of the Employee under this Agreement must be modified or reduced to comply with this Section 2, the Employee shall
direct which Severance Payments are to be modified or reduced; provided, however, that no increase in the amount of any payment or change in the timing of the payment shall be made without the consent of SNB.
 (i)            Avoidance of Penalty Taxes. This Section 14.2.2 shall be
interpreted so as to avoid the imposition of excise taxes on the Employee under Section 4999 of the Code or the disallowance of a deduction to SNB pursuant to Section 280G(a) of the Code with respect to amounts payable under this Agreement or
otherwise.
 (j)            Additional
Limitation. In addition to the limits otherwise provided in this Section 14.2.2, to the extent permitted by law, the Employee may in his sole discretion elect to reduce any payments he may be eligible to receive under this
Agreement to prevent the imposition of excise taxes on the Employee under Section 4999 of the Code.
 (k)           No Obligation to Fund. The agreement of SNB (or its successor) to make payments to the Employee hereunder shall represent solely
the unsecured obligation of SNB (and its successor), except to the extent SNB (or its successors) in its sole discretion elects in whole or in part to fund its obligations under this Agreement pursuant to a trust arrangement or otherwise.

15.           Covenant Not to Compete and Not to Solicit.
 15.1        For purposes of this Section 15, Employer and Employee
conduct the following business in the following geographic areas:
  
 
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  15.1.1     Employer engages in the banking business; originates, closes
and sells loans; receives deposits and otherwise engages in the business of banking that will continue (“Business of Employer”).
 15.1.2     After the date of this Agreement, Employer will actively conduct Business of Employer in the geographic areas of Georgia from its main office to be located at 2918 Riverside Drive, Macon,
Georgia 31204 (the “Main Office”), and at locations in Bibb and Houston Counties, Georgia (“Branches”).
 15.1.3     Employee has established business relationships and performs the duties described in Section 1 of this Agreement in the geographic area covered by a circle having a radius of fifty (50) miles
from the Main Office, and will work primarily in such area while in the employ of Employer.
 15.2        Employee covenants and agrees that for a period of one (1) year after the termination of his employment with Employer for any reason, Employee shall not, directly or
indirectly, as principal, agent, trustee, consultant or through the agency of any corporation, partnership, association, trust or other entity or person, on Employee’s own behalf or for others, provide the duties performed by Employee while
employed by the Employer in the capacity described in Section 1 of this Agreement for any entity or person conducting the Business of Employer within the geographic area covered by a circle having a radius of fifty (50) miles from the Main
Office.
 15.3        Employee acknowledges that an important factor leading to the
Purchase is the loyalty of employees. Accordingly, Employee agrees that both during the term of this Agreement and for a period of one (1) year after the termination of his employment with Employer for any reason, Employee will not enter into, and
will not participate in, any plan or arrangement to cause any Bank or SNB employee to terminate his or her employment with Bank or SNB, and, Employee further agrees that for a period of at least one (1) year after the termination of employment by
any employee of Bank or SNB, and Employee will not hire such employee in connection with any business initiated by Employee or any other person, firm or corporation. Employee further agrees that information as to the capabilities of Employer’s
employees, their salaries and benefits, and any other terms of their employment is Confidential Information and proprietary to Bank.
 15.4        Employee agrees that both during the term of this Agreement and for a period of one (1) year after termination of his employment with Employer for any reason Employee will
not solicit any customers of Employer
  
 
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  with whom Employee had contact during his employment with Employer for the purpose of marketing the same type loans and other services rendered to the
customer by Employee while employed by Employer.
 15.5        Employee and
Employer shall periodically amend this Agreement by updating the address referenced in Section 15.1.2 of this Agreement so that it at all times lists the then current geographic area served by Employer for which Employee performs the duties
described in Section 1 of this Agreement.
 15.6        The covenants contained in
this Section 15 shall be construed as agreements severable from and independent of each other and of any other provision of this or any other contract or agreement between the parties hereto. The existence of any claim or cause of action by Employee
against Employer, whether predicated upon this or any other contract or agreement, shall not constitute a defense to the enforcement by Employer of said covenants.
 16.           Miscellaneous.
 16.1        This Agreement constitutes and expresses the whole agreement of the parties in reference to the employment of Employee by Employer, and there are no
representations, inducements, promises, agreements, arrangements, or undertakings oral or written, between the parties other than those set forth herein.
 16.2        This Agreement shall be governed by the laws of the State of Georgia.
 16.3        Should any clause or any other provision of this Agreement be determined to be void or unenforceable for any reason, such determination shall not
affect the validity or enforceability of any clause or provision of this Agreement, all of which shall remain in full force and effect.
 16.4        Time is of the essence in this Agreement.
 16.5        This Agreement shall be binding upon and enure to the benefit of the parties hereto and their successors and assigns. This Agreement shall not be assignable by any other
parties hereto without the prior written consent of the other parties.
 16.6        This Agreement may be executed in multiple counterparts, each of which shall be deemed an original and all of which taken together shall constitute but a single instrument.
  

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  IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first written above.
  

	  
 	  
 	  Employee:
 
	 
 
 
 	  
 	 /s/  H. Averett
Walker                               (SEAL)
 
	 	 	 
 
	  
 	  
 	  
 	 H. AVERETT WALKER
 
	 	 	 
	  
 	  
 	 Employer:
 
  
 
 SNB BANCSHARES, INC.                      (SEAL)
 
	 
 
 
 	  
 	 BY:
 	 
 /s/ Robert C. Ham                        
 
	 	 	 	 
 
	  
 	  
 	 Its:
 	 Robert C. Ham
 Chairman
 
	 	 	 
	  
 	  
 	 Bank:
 
 SECURITY BANK OF BIBB COUNTY  (SEAL)

	 
 
 
 	  
 	 BY:
 	 
  /s/ Robert C. Ham
 
	 	 	 	 
 
	  
 	  
 	 Its:
 	 Robert C. Ham
 Chairman
 

  
 
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