CAPITAL BANCORP INC
EX-10.1 FIRST AMENDMENT TO AGREEMENT DATED AUGUST 20, 2003
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>g04857exv10w1.htm
<DESCRIPTION>EX-10.1 FIRST AMENDMENT TO AGREEMENT DATED AUGUST 20, 2003
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<DIV align="right" style="font-size: 10pt; margin-top: 12pt">EXHIBIT 10.1
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<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>FIRST AMENDMENT<BR>
TO THE<BR>
CAPITAL BANK &#038; TRUST COMPANY<BR>
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT<BR>
DATED AUGUST 20, 2003<BR>
FOR<BR>
R. RICK HART</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;THIS FIRST AMENDMENT is adopted this 20th day of December, 2006, effective as of January&nbsp;1,
2005, except as otherwise provided herein, by and among CAPITAL BANK &#038; TRUST COMPANY, a
state-chartered bank located in Nashville, Tennessee (the &#147;Bank&#148;) and R. Rick Hart (the
&#147;Executive&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Bank and the Executive executed the Capital Bank &#038; Trust Company Supplemental Executive
Retirement Plan Agreement effective as of August&nbsp;20, 2003 (the &#147;Agreement&#148;).
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned hereby amend the Agreement for the purpose of bringing the Agreement into
compliance with Section&nbsp;409A of the Internal Revenue Code. Therefore, the following changes shall
be made:
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Section&nbsp;1.1.1 of the Agreement shall be deleted in its entirety and replaced by the following:</I>
</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">1.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>&#147;Change in Control&#148; </I>means any of the following:</TD>
</TR>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>any person (as such term is used in Sections&nbsp;13d and 14d-2 of the Securities
Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;), other than the Corporation, a
subsidiary of the Corporation, and employee benefit plan (or related trust) maintained
by the Corporation or a direct or indirect subsidiary of the Corporation or affiliates
of the Corporation (as defined in Rule&nbsp;12b-2 under the Exchange Act), becomes the
beneficial owner (as determined pursuant to Rule&nbsp;13d-3 under the Exchange Act),
directly or indirectly, of securities of the Corporation or the Bank representing more
than thirty-five percent (35%) of the combined voting power of the Corporation&#146;s or
Bank&#146;s then outstanding securities (other than a person owing ten percent (10%) or
more of the total voting power of stock on the date hereof);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>during any period of two (2)&nbsp;consecutive years, individuals who at the
beginning of such period constitute the Board of Directors of the Corporation or the
Bank, cease for any reason to constitute 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;</TD>
</TR>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>consummation of a merger, consolidation or other business combination of the
Corporation or the Bank with any other Person or affiliate thereof, other than a
merger, consolidation or business combination which would result in the outstanding
common stock of the Corporation or the Bank 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 fifty percent (50%)
of the outstanding common stock of the Corporation or the Bank, or such entity or
parent or affiliate thereof outstanding immediately after such merger, consolidation
or business combination; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>consummation of a plan of complete liquidation of the Corporation or the Bank
or an agreement for the sale or disposition by the Corporation or the Bank of all or
substantially all of the Corporation&#146;s or the Bank&#146;s assets.</TD>
</TR>

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<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>The following Section&nbsp;1.1.9a shall be added to the Agreement immediately following Section
1.1.9:</I></TD>
</TR>

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</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1.1.9a</TD>
    <TD width="1%">&nbsp;</TD>
    <TD> <I>&#147;Specified Employee&#148; </I>means a key employee (as defined in Section 416(i) of the Code without
regard to paragraph 5 thereof) of the Bank (including any affiliate of the Bank that together
with the Bank is considered a single employer under Code Section&nbsp;414(b)) if any stock of the
Bank is publicly traded on an established securities market or otherwise.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Section&nbsp;1.1.10 of the Agreement shall be deleted in its entirety and replaced by the
following:</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">1.1.10</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>&#147;Termination of Employment&#148; </I>means the separation from service with the Bank and its
affiliates as contemplated under Code Section&nbsp;409A(a)(2)(A)(i) for reasons other than death.
Whether a Termination of Employment takes place is determined based on the facts and
circumstances surrounding the termination of the Executive&#146;s employment and whether the Bank
and the Executive intended for the Executive to provide significant services for the Bank
following such termination. A change in the Executive&#146;s employment status will not be
considered a Termination of Employment if:</TD>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Executive continues to provide services as an employee of the Bank at an
annual rate that is twenty percent (20%) or more of the services rendered, on average,
during the immediately preceding three (3)&nbsp;full calendar years of employment (or, if
employed less than three (3)&nbsp;years, such lesser period) and the annual remuneration
for such services is twenty percent (20%) or more of the average annual remuneration
earned during the final three (3)&nbsp;full calendar years of employment (or, if less, such
lesser period), or</TD>
</TR>

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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Executive continues to provide services to the Bank in a capacity other than
as an employee of the Bank at an annual rate that is fifty percent (50%) or more of
the services rendered, on average, during the immediately preceding three (3)
</TD>
</TR>
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    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="2%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>full calendar years of employment (or if employed less than three (3)&nbsp;years, such
lesser period) and the annual remuneration for such services is fifty percent (50%) or
more of the average annual remuneration earned during the final three (3)&nbsp;full calendar
years of employment (or if less, such lesser period).</TD>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Section&nbsp;2.1.3 of the Agreement shall be deleted in its entirety, effective November&nbsp;1,
2006, and replaced with the following:</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Benefit Increases. </I>Commencing on the first anniversary of the first benefit payment and
continuing on each subsequent anniversary of that date, this annual benefit shall increase by
three percent (3%) from the immediately preceding anniversary date.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Sections&nbsp;2.2.3 and 2.3.3 of the Agreement shall be deleted in their entirety.</I></TD>
</TR>

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</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>The following Sections&nbsp;2.5, 2.6 and 2.7 shall be added to the Agreement immediately following
Section&nbsp;2.4.2:</I></TD>
</TR>

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</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Restriction on Timing of Distributions. </I>Notwithstanding any provision of this Agreement to
the contrary, if the Executive is considered a Specified Employee at Termination of Employment
under such procedures as established by the Bank in accordance with Section&nbsp;409A of the Code,
benefit distributions that are made upon Termination of Employment may not commence earlier
than six (6)&nbsp;months after the date of such Termination of Employment. Therefore, in the event
this Section&nbsp;2.5 is applicable to the Executive, any distribution which would otherwise be
paid to the Executive within the first six (6)&nbsp;months following the Termination of Employment
shall be accumulated and paid to the Executive in a lump sum as soon as practicable following
the six-month anniversary of the Termination of Employment. All subsequent distributions
shall be paid in the manner specified.</TD>
</TR>

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</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Distributions Upon Income Inclusion Under Section&nbsp;409A of the Code. </I>Upon the inclusion of
any amount into the Executive&#146;s income as a result of the failure of this non-qualified
deferred compensation plan to comply with the requirements of Section&nbsp;409A of the Code, to the
extent such tax liability can be covered by the amount the Bank has accrued with respect to
the Bank&#146;s obligations hereunder, a distribution shall be made as soon as is administratively
practicable following the discovery of the plan failure.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">2.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Change in Form or Timing of Distributions. </I>All changes in the form or timing of
distributions hereunder must comply with the following requirements. The changes:</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="margin-left: 11%; text-indent: -5%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">(a)&nbsp;may not accelerate the time or schedule of any distribution,
except as provided in Section&nbsp;409A of the Code and the regulations thereunder;</DIV>


<DIV align="left" style="margin-left: 11%; text-indent: -5%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">(b)&nbsp;must, for benefits distributable under Sections&nbsp;2.1, 2.2, 2.3
and 2.4, delay the commencement of distributions for a minimum of five (5)
years from the date the first distribution was originally scheduled to be
made; <I>and</I></DIV>


<DIV align="left" style="margin-left: 11%; text-indent: -5%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">(c)&nbsp;must take effect not less than twelve (12)&nbsp;months after the
election is made.</DIV>


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<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<I>Article&nbsp;6 of the Agreement shall be deleted in its entirety and replaced by the following:</I>
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;6<BR>
Claims and Review Procedures</B>
</DIV>


<DIV align="left" style="margin-left: 5%; text-indent: -5%; margin-right: 0%; font-size: 10pt; margin-top: 6pt">6.1 <I>Claims Procedure: </I>As used in this Article, &#147;Plan Administrator&#148; shall mean the Bank the Bank
until its resignation or removal by the Board of Directors of the Bank.</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Notice of Denial</I>. If a claimant is denied a claim for benefits under the
Agreement, the Plan Administrator shall provide to the claimant written notice of the
denial within ninety (90)&nbsp;days (forty-five (45)&nbsp;days with respect to a denial of any
claim for benefits due to the Executive&#146;s Disability) after the Plan Administrator
receives the claim, unless special circumstances require an extension of time for
processing the claim. If such an extension of time is required, written notice of the
extension shall be furnished to the claimant prior to the termination of the initial
90-day period. In no event shall the extension exceed a period of ninety (90)&nbsp;days
(thirty (30)&nbsp;days with respect to a claim for benefits due to the Executive&#146;s
Disability) from the end of such initial period. With respect to a claim for benefits
due to the Executive&#146;s Disability, an additional extension of up to thirty (30)&nbsp;days
beyond the initial 30-day extension period may be required for processing the claim.
In such event, written notice of the extension shall be furnished to the claimant
within the initial 30-day extension period. Any extension notice shall indicate the
special circumstances requiring the extension of time, the date by which the Plan
Administrator expects to render the final decision, the standards on which entitlement
to benefits are based, the unresolved issues that prevent a decision on the claim and
the additional information needed to resolve those issues.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Contents of Notice of Denial</I>. If a claimant is denied a claim for benefits
under the Agreement, the Plan Administrator shall provide to such claimant written
notice of the denial which shall set forth:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the specific reasons for the denial;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>specific references to the pertinent provisions of the
Agreement on which the denial is based;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a description of any additional material or information
necessary for the claimant to perfect the claim and an explanation of why such
material or information is necessary;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an explanation of the Agreement&#146;s claim review procedures,
and the time limits applicable to such procedures, including a statement of
the claimant&#146;s right to bring a civil action under Section 502(a) of ERISA
following an adverse benefit determination on review;</TD>
</TR>

</TABLE>
</DIV>
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<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a claim for benefits due to the Executive&#146;s
Disability, if an internal rule, guideline, protocol or other similar
criterion is relied upon in making the adverse determination, either the
specific rule, guideline, protocol or other similar criterion; or a statement
that such rule, guideline, protocol or other similar criterion was relied upon
in making the decision and that a copy of such rule, guideline, protocol or
other similar criterion will be provided free of charge upon request; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a claim for benefits due to the Executive&#146;s
Disability, if a denial of the claim is based on a medical necessity or
experimental treatment or similar exclusion or limit, an explanation of the
scientific or clinical judgment for the denial, an explanation applying the
terms of the Agreement to the claimant&#146;s medical circumstances or a statement
that such explanation will be provided free of charge upon request.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Right to Review</I>. After receiving written notice of the denial of a claim, a
claimant or his representative shall be entitled to:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>request a full and fair review of the denial of the claim by
written application to the Plan Administrator (or Appeals Fiduciary in the
case of a claim for benefits payable due to the Executive&#146;s Disability);</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>request, free of charge, reasonable access to, and copies of,
all documents, records, and other information relevant to the claim;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>submit written comments, documents, records, and other
information relating to the denied claim to the Plan Administrator or Appeals
Fiduciary, as applicable; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>a review that takes into account all comments, documents,
records, and other information submitted by the claimant relating to the
claim, without regard to whether such information was submitted or considered
in the initial benefit determination.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>For purposes of this Article&nbsp;6, the term &#147;Appeals Fiduciary&#148; means an individual or
group of individuals appointed to review appeals of claims for benefits payable due
to the Executive&#146;s Disability.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.4</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Application for Review</I>.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If a claimant wishes a review of the decision denying his
claim to benefits under the Agreement, other than a claim described in clause
(b)&nbsp;of this Section&nbsp;6.1.4, he must submit the written application to the Plan
Administrator within sixty (60)&nbsp;days after receiving written notice of the
denial.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>If the claimant wishes a review of the decision denying his
claim to benefits under the Agreement due to the Executive&#146;s Disability, he
must submit the written application to the Appeals Fiduciary within</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>one hundred eighty (180)&nbsp;days after receiving written notice of the denial.
With respect to any such claim, in deciding an appeal of any denial based
in whole or in part on a medical judgment (including determinations with
regard to whether a particular treatment, drug, or other item is
experimental, investigational, or not medically necessary or appropriate),
the Appeals Fiduciary shall:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="11%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(i)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>consult with a health care professional who
has appropriate training and experience in the field of medicine
involved in the medical judgment; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="11%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(ii)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>identify the medical and vocational experts
whose advice was obtained on behalf of the Agreement in connection
with the denial without regard to whether the advice was relied upon
in making the determination to deny the claim.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Notwithstanding the foregoing, the health care professional consulted pursuant to
this clause (b)&nbsp;shall be an individual who was not consulted with respect to the
initial denial of the claim that is the subject of the appeal or a subordinate of
such individual.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.5</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Hearing</I>. Upon receiving such written application for review, the Plan
Administrator or Appeals Fiduciary, as applicable, may schedule a hearing for purposes
of reviewing the claimant&#146;s claim, which hearing shall take place not more than thirty
(30)&nbsp;days from the date on which the Plan Administrator or Appeals Fiduciary received
such written application for review.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.6</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Notice of Hearing</I>. At least ten (10)&nbsp;days prior to the scheduled hearing,
the claimant and his representative designated in writing by him, if any, shall
receive written notice of the date, time, and place of such scheduled hearing. The
claimant or his representative, if any, may request that the hearing be rescheduled,
for his convenience, on another reasonable date or at another reasonable time or
place.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.7</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Counsel</I>. All claimants requesting a review of the decision denying their
claim for benefits may employ counsel for purposes of the hearing.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">6.1.8</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Decision on Review</I>. No later than sixty (60)&nbsp;days (forty-five (45)&nbsp;days
with respect to a claim for benefits due to the Executive&#146;s Disability) following the
receipt of the written application for review, the Plan Administrator or the Appeals
Fiduciary, as applicable, shall submit its decision on the review in writing to the
claimant involved and to his representative, if any, unless the Plan Administrator or
Appeals Fiduciary determines that special circumstances (such as the need to hold a
hearing) require an extension of time, to a day no later than one hundred twenty (120)
days (ninety (90)&nbsp;days with respect to a claim for benefits due to the Executive&#146;s
Disability) after the</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="2%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>date of receipt of the written application for review. If the Plan Administrator
or Appeals Fiduciary determines that the extension of time is required, the Plan
Administrator or Appeals Fiduciary shall furnish to the claimant written notice of
the extension before the expiration of the initial sixty (60)&nbsp;day (forty-five (45)
days with respect to a claim for benefits due to the Executive&#146;s Disability)
period. The extension notice shall indicate the special circumstances requiring an
extension of time and the date by which the Plan Administrator or Appeals Fiduciary
expects to render its decision on review. In the case of a decision adverse to the
claimant, the Plan Administrator or Appeals Fiduciary shall provide to the claimant
written notice of the denial which shall include:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the specific reasons for the decision;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>specific references to the pertinent provisions of the
Agreement on which the decision is based;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>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 to the claimant&#146;s claim for
benefits;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(d)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>an explanation of the Agreement&#146;s claim review procedures,
and the time limits applicable to such procedures, including a statement of
the claimant&#146;s right to bring an action under Section 502(a) of ERISA
following the denial of the claim upon review;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(e)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a claim for benefits due to the Executive&#146;s
Disability, if an internal rule, guideline, protocol or other similar
criterion is relied upon in making the adverse determination, either the
specific rule, guideline, protocol or other similar criterion; or a statement
that such rule, guideline, protocol or other similar criterion was relied upon
in making the decision and that a copy of such rule, guideline, protocol or
other similar criterion will be provided free of charge upon request;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(f)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a claim for benefits due to the Executive&#146;s
Disability, if a denial of the claim is based on a medical necessity or
experimental treatment or similar exclusion or limit, an explanation of the
scientific or clinical judgment for the denial, an explanation applying the
terms of the Agreement to the claimant&#146;s medical circumstances or a statement
that such explanation will be provided free of charge upon request; and</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="6%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(g)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>in the case of a claim for benefits due to the Executive&#146;s
Disability, a statement regarding the availability of other voluntary
alternative dispute resolution options.</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="1%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Article&nbsp;7 of the Agreement shall be deleted in its entirety and replaced by the following:</I></TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Article&nbsp;7<BR>
Amendments and Termination</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">7.1</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Amendments. </I>This Agreement may be amended only by a written agreement signed by the Bank and
the Executive. However, the Bank may unilaterally amend this Agreement to conform with
written directives to the Bank from its auditors or banking regulators or to comply with
legislative changes or tax law, including without limitation Section&nbsp;409A of the Code and any
and all Treasury regulations and guidance promulgated thereunder.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>No amendment shall provide for or otherwise permit any acceleration of the time or schedule
of any payment under the Agreement in a manner that would be prohibited under Code Section
409A(a)(3).</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">7.2</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Plan Termination Generally. </I>The Bank and Executive may terminate this Agreement at any time.
The benefit payable hereunder shall be the amount the Bank has accrued with respect to the
Bank&#146;s obligations hereunder as of the date the Agreement is terminated. Except as provided
in Section&nbsp;7.3, the termination of this Agreement shall not cause a distribution of benefits
under this Agreement. Rather, after such termination, benefit distributions will be made at
the earliest distribution event permitted under Article&nbsp;2 or Article&nbsp;3.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">7.3</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Plan Terminations Under Section&nbsp;409A. </I>Notwithstanding anything to the contrary in Section
7.2, this Agreement terminates in the following circumstances:</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(a)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Within thirty (30)&nbsp;days before or twelve (12)&nbsp;months after a Change in
Control, provided that all distributions are made no later than twelve (12)&nbsp;months
following such termination of the Agreement and further provided that all the Bank&#146;s
arrangements which are substantially similar to the Agreement are terminated so the
Executive and all participants in the similar arrangements are required to receive all
amounts of compensation deferred under the terminated arrangements within twelve (12)
months of the termination of the arrangements;</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(b)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Upon the Bank&#146;s dissolution or with the approval of a bankruptcy court
provided that the amounts deferred under the Agreement are included in the Executive&#146;s
gross income in the latest of (i)&nbsp;the calendar year in which the Agreement terminates;
(ii)&nbsp;the calendar year in which the amount is no longer subject to a substantial risk
of forfeiture; or (iii)&nbsp;the first calendar year in which the distribution is
administratively practical; or</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="4%" style="background: transparent">&nbsp;</TD>
    <TD width="3%" nowrap align="left">(c)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Upon the Bank&#146;s termination of this and all other non-account balance plans
(as referenced in Section&nbsp;409A of the Code or the regulations thereunder), provided
that all distributions are made no earlier than twelve (12)&nbsp;months and no later than
twenty-four (24)&nbsp;months following such termination, and the Bank does not adopt any
new non-account balance plans for a minimum of five (5)&nbsp;years following the date of
such termination;</TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>the Bank may distribute the amount the Bank has accrued with respect to the Bank&#146;s
obligations hereunder, determined as of the date of the termination of the Agreement, to
the Executive in a lump sum subject to the above terms.</TD>
</TR>

</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Section&nbsp;8.12 shall be deleted in its entirety and replaced by the following:</I></TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">8.12</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Tax Withholding and Reporting</I>. The Bank shall withhold any taxes that, in its reasonable
judgment, are required to be withheld, including but not limited to taxes owed under Section
409A of the Code and regulations thereunder and employment (e.g. FICA) taxes due to be paid by
the Bank pursuant to Code Section 3121(v) (i.e., FICA taxes on the present value of payments
hereunder which are no longer subject to vesting). The Executive acknowledges that the Bank&#146;s
sole liability regarding taxes is to forward any amounts withheld to the appropriate taxing
authority(ies). Further, the Bank shall satisfy all applicable reporting requirements
including those under Section&nbsp;409A of the Code and regulations thereunder. Executive agrees
that appropriate amounts for withholding may be deducted from the cash salary, bonus or other
payments due to the Executive by the Bank to satisfy the employee-portion of such obligations.
If insufficient cash wages are available or if the Executive so desires, Executive shall
remit payment in cash for the withholding amounts.</TD>
</TR>

<TR>
    <TD style="font-size: 6pt">&nbsp;</TD>
</TR><TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>The following Section&nbsp;8.18 shall be added to the Agreement immediately following Section&nbsp;8.17:</I></TD>
</TR>

</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">8.18</TD>
    <TD width="1%">&nbsp;</TD>
    <TD><I>Compliance with Section&nbsp;409A. </I>This Agreement shall at all times be administered and the
provisions of this Agreement shall be interpreted consistent with the requirements of Section
409A of the Code and any and all regulations thereunder, including such regulations as may be
promulgated after the effective date of this Agreement.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>IN WITNESS OF THE ABOVE</B>, the Bank and the Executive hereby consent to this First Amendment.
</DIV>

<DIV align="left">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="90%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="48%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="2%">&nbsp;</TD>
    <TD width="46%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top">EXECUTIVE:</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">BANK:</TD>
</TR>
<TR valign="bottom">
    <TD valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD colspan="3" valign="top" align="left">CAPITAL BANK &#038; TRUST COMPANY</TD>
</TR>
<TR valign="bottom"><!-- Blank Space -->
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">/s/ R, Rick Hart
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ Albert J. Dale, III</TD>
</TR>
<TR style="font-size: 1px">
    <TD align="left" valign="top">
<div style="width: 40%; border-top: 1px solid #000000">&nbsp;</div></TD>

    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>

    <TD>&nbsp;</TD>
    <TD align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">R. Rick Hart
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Title
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">Chairman Compensation Committee</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">


</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
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