Attached files
Exhibit 10.7
Summary of Supplemental Retirement Plan
Guaranty Bancshares, Inc. sponsors a non-qualified, non-contributory Supplemental Retirement Plan for the benefit of certain retired officers of the Company. The plan provides certain retired officers a benefit equal to a predetermined percentage of the officers final five-year average salary reduced by the aggregate of (1) any amounts payable under the Companys retirement plan and (2) certain social security benefits.