Exhibit 10
AMENDMENT NUMBER FOUR
TO THE
ALABAMA NATIONAL BANCORPORATION
PLAN FOR THE DEFERRAL OF COMPENSATION
BY NON-EMPLOYEE DIRECTORS OF THE SUBSIDIARY BANKS
WHEREAS,Alabama National BanCorporation (“ANB”) maintains the Alabama National BanCorporation Plan for the Deferral of Compensation by Non-Employee Directors of the Subsidiary Banks (the “Plan”); and
WHEREAS,pursuant to Section 7(d) of the Plan, ANB reserved the right to amend the Plan;
WHEREAS, the Board of Directors of ANB has approved an amendment to the Plan such that non-employee directors of Public Bank shall be eligible to participate in the Plan;
WHEREAS,due to the merger of Peoples State Bank of Groveland (“Peoples”) into Public Bank, the Board of Directors of ANB also has approved an amendment to the Plan to delete Peoples from the list of eligible subsidiary banks;
NOW, THEREFORE, the Plan is hereby amended effective as of October 1, 2004 as follows:
1.Exhibit A to the Plan is hereby amended by adding Public Bank to the list of eligible subsidiary banks and by deleting Peoples from the list of eligible subsidiary banks. Attached hereto is an amended and restatedExhibit A to the Plan.
2. All of the other terms, provisions and conditions of the Plan not herein amended shall remain in full force and effect.
IN WITNESS WHEREOF, ANB has caused this Amendment Number Four to be executed by duly authorized representatives this 18th day of August, 2004.
ATTEST: | ALABAMA NATIONAL BANCORPORATION | |||||||
By: | /s/ Kimberly Moore | By: | /s/ Richard Murray IV | |||||
Its: | Corporate Secretary | Its: | President |
[SEAL]
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EXHIBIT A
ELIGIBLE SUBSIDIARY BANKS
National Bank of Commerce of Birmingham
First American Bank
Community Bank of Naples
Citizens & Peoples Bank, N.A.
Public Bank
A-1