Equitable Financial Corp – Underwriting Agreements Watch

from SB-2/A 36 pages * Draft * 1,239,125 Shares (Subject to Increase Up to 1,424,994 Shares in the Event of an Increase in the Pro Forma Market Value of the Company’s Common Stock) Equitable Financial Corp. (A Federal Stock Holding Company) Common Stock (Par Value $.01 Per Share) Agency Agreement , 2005

from SB-2 11 pages March 21, 2005 Services and Fees in Our Role as Conversion Agent, We Anticipate That Our Services Will Include the Services Outlined Below, Each as May Be Necessary and as the Bank May Reasonably Request: I. Consolidation of Accounts and Development of a Central File II. Preparation of Proxy, Order and/or Request Forms III. Organization and Supervision of the Conversion Center IV. Proxy Solicitation and Special Meeting Services V. Subscription Services Equitable Federal Savings Bank of Grand Island June 21, 2005 Page 2 All Fees Under This Agreement Shall Be Payable in Cash, as Follows: (A) $5,000 Payable Upon Execution of This Agreement by the Bank, Which Shall Be Non-Refundable; and (B) the Balance Upon the Completion of the Reorganization. Costs and Expenses