EX-10.1
from S-1
17 pages
Whereas, Executive Is Currently Employed as President and Chief Executive Officer of the Bank; Whereas, the Bank Has Adopted a Plan of Conversion Pursuant to Which the Bank Will Convert to a Federal Stock Savings Bank and Become a Wholly Owned Subsidiary of the Company; Whereas, the Bank Desires to Assure Itself of the Continued Availability of the Executive’s Services as Provided in This Agreement; and Whereas, the Executive Is Willing to Serve the Bank on the Terms and Conditions Hereinafter Set Forth. Now, Therefore, in Consideration of the Mutual Covenants Herein Contained, and Upon the Terms and Conditions Hereinafter Provided, the Parties Hereby Agree as Follows: 1. Position and Responsibilities
12/34/56