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8-K - CURRENT REPORT - Sun American Bancorpsamb_8k.htm
EX-10.1 - CHIEF EXECUTIVE OFFICER RESIGNATION LETTER DATED MARCH 31, 2010. - Sun American Bancorpsamb_ex101.htm

Exhibit 10.2


March 31, 2010


Mr. Michael E. Golden

President and Chief Executive Officer

Sun American Bancorp

9293 Glades Road

Boca Raton, FL 33434

Dear Mr. Golden;

Please accept this letter as my resignation as Chief Financial Officer, Treasurer and Corporate Secretary of Sun American Bancorp effective March 31, 2010.

I have enjoyed my time with the Company but have decided to pursue other interests at this time.

Sincerely,


Robert Nichols