Common use of Term and Duties Clause in Contracts

Term and Duties. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for a period of 36 full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewal. (b) During the period of her employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her business time, attention, skill, and efforts to the faithful performance of her duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, in such Board’s judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall will continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first On each anniversary date of the Effective Date (the “Anniversary Date”), this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; , provided, however, if written notice of nonrenewal is provided to Executive that the Board shall at least ten sixty (60) days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall before such Anniversary Date conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to provide extend this Agreement. The Board shall give Executive notice of nonrenewalits decision whether or not to renew this Agreement at least thirty (30) days and not more than sixty (60) days prior to the Anniversary Date, and if written notice of non-renewal is provided to Executive within said time frame, the term of this Agreement shall not be extended. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, that with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, which, in such Board’s judgment, similar organizations which will not present any conflict of interest with the Bank, Bank or materially affect the performance of Executive’s duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for a period of 36 full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewal. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, in such Board’s judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall will continue for a period of 36 thirty-six (36) full calendar months thereafter. Commencing on On the first anniversary date day of March each year (the "Anniversary Date"), this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 thirty-six (36) full calendar months; months provided, however, if written notice of nonrenewal is provided to Executive that the Board shall at least ten sixty (60) days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall before such Anniversary Date conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to provide extend this Agreement. The Board shall give Executive notice of nonrenewalits decision whether or not to renew this Agreement at least thirty (30) days and not more than sixty (60) days prior to the Anniversary Date, and if written notice of non-renewal is provided to Executive within said time frame, the term of this Agreement shall not be extended and the remaining term shall be twenty-four (24) months from such Anniversary Date. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, that with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, which, in such Board’s judgment, similar organizations which will not present any conflict of interest with the Bank, Bank or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall will continue for a period of 36 thirty-six (36) full calendar months thereafter. Commencing on the first On each anniversary date of the Effective Date (the “Anniversary Date”), this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 thirty-six (36) full calendar months; months provided, however, if written notice of nonrenewal is provided to Executive that the Board shall at least ten sixty (60) days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall before such Anniversary Date conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to provide extend this Agreement. The Board shall give Executive notice of nonrenewalits decision whether or not to renew this Agreement at least thirty (30) days and not more than sixty (60) days prior to the Anniversary Date, and if written notice of non-renewal is provided to Executive within said time frame, the term of this Agreement shall not be extended and the remaining term shall be twenty-four (24) months from such Anniversary Date. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, that with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, which, in such Board’s judgment, similar organizations which will not present any conflict of interest with the Bank, Bank or materially affect the performance of Executive’s duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall will continue for a period of 36 twelve (24) full calendar months thereafter. Commencing on the first On each anniversary date of the Effective Date (the “Anniversary Date”), this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (24) full calendar months; , provided, however, if written notice of nonrenewal is provided to Executive that the Board shall at least ten sixty (60) days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall before such Anniversary Date conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to provide extend this Agreement. The Board shall give Executive notice of nonrenewalits decision whether or not to renew this Agreement at least thirty (30) days and not more than sixty (60) days prior to the Anniversary Date, and if written notice of non-renewal is provided to Executive within said time frame, the term of this Agreement shall not be extended. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, that with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, which, in such Board’s judgment, similar organizations which will not present any conflict of interest with the Bank, Bank or materially affect the performance of Executive’s duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The period term of Executive’s employment under this Agreement shall begin as of the date first above written and Effective Date and, unless otherwise terminated as described in Sections 6 or 7 hereof, shall continue for a period of 36 24 full calendar months thereaftermonths. Commencing on the first anniversary date of this Agreementthe Effective Date, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 24 full calendar months; provided, however, if written months unless either party provides notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any the anniversary datedate of their intention that the Agreement shall not renew, the term of in which event this Agreement shall not so renewexpire at the end of the then-current term. On an annual basis prior Prior to the deadline for the each notice period referenced abovefor nonrenewal, the board of directors President and Chief Executive Officer of the Company (the “Board of Directors”) shall Bank will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement. If the Executive continues to provide services to the Bank as an employee following the expiration of this term, such post-expiration employment shall be deemed to be performed on an “at-will” basis and either party may thereafter terminate such employment with or without notice of nonrenewal. (b) and for any or no reason and without any payment obligations determined by reference to this Agreement. During the period term of her employment hereunderthis Agreement, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)absence, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder hereunder, including activities and services related to the organization, operation operation, and management of the Bank; Bank provided, however, that, with the approval of the Board of Directors of the BankBank (the “Board”), as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serveserve (however, in the case of positions held at the date of execution of this Agreement, no further written approval is necessary, provided that written approval was previously received), on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, in such Board’s judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s duties pursuant to this Agreement (it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b2). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first anniversary date of this AgreementAgreement (the "Anniversary Date"), and continuing at each anniversary date Anniversary Date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; provided, however, if written that the Board shall at least sixty (60) days before such Anniversary Date conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend this Agreement. The Board shall give the Executive notice of nonrenewal is provided its decision whether or not to Executive renew this Agreement at least ten thirty (30) days and not more than 30 sixty (60) days prior to any anniversary datethe Anniversary Date and, if written notice of non-renewal is provided to the Executive within said time frame, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewalbe extended. (b) During the period of her employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)Chief Executive Officer, Executive shall devote substantially all her business time, attention, skill, and efforts to the faithful performance of her duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, similar organizations which, in such the Board’s 's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership Agreement. Notwithstanding the preceding sentence, no approval is required for the Executive to participate or serve in and service on boards or committees of social, religious, charitable or similar (i) outside organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that in which the Executive was is serving as of the date Effective Date; (ii) religious or educational organizations which Executive or Executive's children may attend from time to time; or (iii) affiliates of this Agreementsuch organizations.

Term and Duties. (a) The period of Executive’s 's employment under this Agreement shall begin as of the date first above written and shall continue for a period of 36 thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 thirty-six (36) full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten (10) days and not more than 30 thirty (30) days prior to any anniversary date, the term employment of this Agreement Executive hereunder shall not so renewcease at the end of thirty-six (36) months following such anniversary date. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “"Board of Directors”") shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewal. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board Board of directors of the Bank (“Board”)Directors, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Company and the Bank; provided, however, that, with the approval of the Board of the Company or the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, in such Board’s 's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement (it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b)). For purposes of this Section 2(b), Board approval shall be deemed to have been granted provided as to service with any such business company companies or organization organizations that Executive was serving as of the date of this AgreementAgreement as set forth in Exhibit A hereto.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement hereunder shall begin as of the date first above written Effective Date and shall will continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at on each anniversary date thereafterJanuary 1st thereafter (the "Anniversary Date"), the this Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; providedmonthsprovided, however, if written that the Board shall at least sixty (60) days before such Anniversary Date conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend this Agreement. The Board shall give the Executive notice of nonrenewal is provided its decision whether or not to Executive renew this Agreement at least ten thirty (30) days and not more than 30 sixty (60) days prior to any anniversary datethe Anniversary Date, and if written notice of non-renewal is provided to the Executive within said time frame, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewalbe extended. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)Chief Executive Officer, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business similar organizations, which, in such the Board’s 's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The period term of Executive’s employment under this Agreement shall begin as of the date first above written and Effective Date and, unless otherwise terminated as described in Sections 6 or 7 hereof, shall continue for a period of 36 24 full calendar months thereaftermonths. Commencing on the first anniversary date of this AgreementEffective Date, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 24 full calendar months; provided, however, if written months unless either party provides notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any the anniversary datedate of their intention that the Agreement shall not renew, the term of in which event this Agreement shall not so renewexpire at the end of the then-current term. On an annual basis prior Prior to the deadline for the each notice period referenced abovefor nonrenewal, the board of directors President and Chief Executive Officer of the Company (the “Board of Directors”) shall Bank will conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend the Agreement. If the Executive continues to provide services to the Bank as an employee following the expiration of this term, such post-expiration employment shall be deemed to be performed on an “at-will” basis and either party may thereafter terminate such employment with or without notice of nonrenewal. (b) and for any or no reason and without any payment obligations determined by reference to this Agreement. During the period term of her employment hereunderthis Agreement, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)absence, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder hereunder, including activities and services related to the organization, operation operation, and management of the Bank; Bank provided, however, that, with the approval of the Board of Directors of the BankBank (the “Board”), as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serveserve (however, in the case of positions held at the date of execution of this Agreement, no further written approval is necessary, provided that written approval was previously received), on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, in such Board’s judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s duties pursuant to this Agreement (it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b2). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The period of Executive’s employment under this Agreement shall begin as of the date first above written and shall continue for a period of 36 thirty-six (36) full calendar months thereafter. Commencing on the first anniversary date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 thirty-six (36) full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten (10) days and not more than 30 thirty (30) days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewal. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, in such Board’s judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The period of Executive’s 's employment under this Agreement shall begin be deemed to have commenced as of the date first above written and shall continue for a period of 36 full calendar months thereafter. Commencing on two (2) years from the first anniversary effective date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the The board of directors of the Bank or the Company (the “"Board") or a committee of the Board of Directors”) shall conduct a will review Executive's performance review of Executive annually for purposes of determining whether to continue to extend the Agreement and the rationale and results thereof shall be included in the minutes of the Board's or Committee's meeting. Commencing on January 1, 2002 and each year thereafter the Board shall provide written notice to the Executive as to whether the Board has extended the term of nonrenewalthis Agreement for an additional year. The Board shall give notice to Executive as soon as possible after such review. The Executive may elect not to extend the term of this Agreement by giving written notice in accordance with Section 8 of this Agreement. In no event shall the term of this Agreement extend beyond the Executive's 65th birthday. (b) During the period of her Executive's employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)absence, Executive shall devote substantially all her business time, attention, skill, and efforts to the faithful performance of her duties hereunder including activities and services related to the organization, operation and management of the BankBank and participation in community and civic organizations; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, CEO Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, which in such Board’s the CEO's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards Agreement. (c) Notwithstanding anything herein to the contrary, Executive's employment with the Bank may be terminated by the Bank or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes Executive during the term of this Section 2(b)Agreement, Board approval shall be deemed subject to have been granted as to service with any such business company or organization that Executive was serving as of the date terms and conditions of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunderwill begin as of the date first above written Effective Date and shall continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first anniversary date of this AgreementAgreement (the "Anniversary Date"), and continuing at each anniversary date Anniversary Date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; provided, however, if written that the Board shall, at least sixty (60) days before such Anniversary Date conduct a comprehensive performance evaluation and review of the Excutive for purposes of determining whether to extend this Agreement. The Board shall give the Executive notice of nonrenewal is provided its decision whether or not to Executive renew this Agreement at least ten thirty (30) days and not more than 30 sixty (60) days prior to any anniversary datethe Anniversary Date, and if written notice of non-renewal is provided to the Executive within said time frame, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewalbe extended. (b) During the period of her employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)Chief Executive Officer, Executive shall devote substantially all her business time, attention, skill, and efforts to the faithful performance of her duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to timetheBoard, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, similar organizations which, in such the Board’s 's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first anniversary date of this AgreementAgreement (the "Anniversary Date"), and continuing at each anniversary date Anniversary Date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; provided, however, if written that the Board shall at least sixty (60) days before such Anniversary Date conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend this Agreement. The Board shall give the Executive notice of nonrenewal is provided its decision whether or not to Executive renew this Agreement at least ten thirty (30) days and not more than 30 sixty (60) days prior to any anniversary datethe Anniversary Date and, if written notice of non-renewal is provided to the Executive within said time frame, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewalbe extended. (b) During the period of her employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)Chief Executive Officer, Executive shall devote substantially all her business time, attention, skill, and efforts to the faithful performance of her duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to timetheBoard, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, similar organizations which, in such the Board’s 's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The period of Executive’s 's employment under this Agreement shall begin be deemed to have commenced as of the date first above written and shall continue for a period of 36 full calendar months thereafter. Commencing on five (5) years from the first anniversary effective date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the The board of directors of the Company Bank (the “"Board") or a committee of the Board of Directors”) shall conduct a will review Executive's performance review of Executive annually for purposes of determining whether to continue to extend the Agreement and the rationale and results thereof shall be included in the minutes of the Board's or Committee's meeting. Commencing on January 1, 2002 and each year thereafter the Board shall provide written notice to the Executive as to whether the Board has extended the term of nonrenewalthis Agreement for an additional year. The Board shall give notice to Executive as soon as possible after such review. The Executive may elect not to extend the term of this Agreement by giving written notice in accordance with Section 8 of this Agreement. In no event shall the term of this Agreement extend beyond the Executive's 65th birthday. (b) As Chief Executive Officer, Executive shall be responsible for implementing the policies of the Board and shall report to the Board, except as otherwise determined by the Board. All other officers of the Bank and the Company shall report directly to Executive, except as Executive or the Board shall otherwise determine, and except that the internal auditor shall report directly to the Board. (c) During the period of her Executive's employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)absence, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the BankBank and participation in community and civic organizations; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, which in such Board’s the Bank's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards Agreement. (d) Notwithstanding anything herein to the contrary, Executive's employment with the Bank may be terminated by the Bank or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes Executive during the term of this Section 2(b)Agreement, Board approval shall be deemed subject to have been granted as to service with any such business company or organization that Executive was serving as of the date terms and conditions of this Agreement.

Term and Duties. (a) The period of Executive’s 's employment under this Agreement shall begin be deemed to have commenced as of the date first above written and shall continue for a period of 36 full calendar months thereafter. Commencing on three (3) years from the first anniversary effective date of this Agreement, and continuing at each anniversary date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 full calendar months; provided, however, if written notice of nonrenewal is provided to Executive at least ten days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors The Board or a committee of the Company (the “Board of Directors”) shall conduct a will review Executive's performance review of Executive annually for purposes of determining whether to continue to extend the Agreement and the rationale and results thereof shall be included in the minutes of the Board's or Committee's meeting. Commencing on January 1, 2002 and each year thereafter the Board shall provide written notice to the Executive as to whether the Board has extended the term of nonrenewalthis Agreement for an additional year. The Board shall give notice to Executive as soon as possible after such review. The Executive may elect not to extend the term of this Agreement by giving written notice in accordance with Section 8 of this Agreement. In no event shall the term of this Agreement extend beyond the Executive's 65th birthday. (b) During the period of her Executive's employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)absence, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the BankBank and participation in community and civic organizations; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, CEO Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies or business organizations, which, which in such Board’s the CEO's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards Agreement. (c) Notwithstanding anything herein to the contrary, Executive's employment with the Bank may be terminated by the Bank or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes Executive during the term of this Section 2(b)Agreement, Board approval shall be deemed subject to have been granted as to service with any such business company or organization that Executive was serving as of the date terms and conditions of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall continue through the end of the calendar year in which the Effective Date occurs, and will continue for a period of 36 thirty-six (36) full calendar months thereafter. Commencing on thereafter with January 1, 2008 being the first anniversary date of this Agreement. Commencing on January 1, 2008, and continuing at on each anniversary date thereafterJanuary 1st thereafter (the "Anniversary Date"), the this Agreement shall renew for an additional year such that the remaining term shall be 36 thirty-six (36) full calendar months; months provided, however, if written notice of nonrenewal is provided to Executive that the Board shall at least ten sixty (60) days and not more than 30 days prior to any anniversary date, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall before such Anniversary Date conduct a comprehensive performance evaluation and review of Executive for purposes of determining whether to provide extend this Agreement. The Board shall give Executive notice of nonrenewal.its decision whether or not to renew this Agreement at least thirty (30) days and not more than sixty (60) days prior to the Anniversary Date, and if written notice of non-renewal is provided to Executive within said time frame, the term of this Agreement shall not be extended and the remaining term shall be twenty-four (24) months from the Anniversary Date.. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”), Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, that with the approval of the Board of the BankBoard, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business similar organizations, which, in such the Board’s 's judgment, will not present any conflict of interest with the Bank, Bank or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership in and service on boards or committees of social, religious, charitable or similar organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that Executive was serving as of the date of this Agreement.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first anniversary date of this AgreementAgreement (the "Anniversary Date"), and continuing at each anniversary date Anniversary Date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; provided, however, if written that the Board shall, at least sixty (60) days before such Anniversary Date conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend this Agreement. The Board shall give the Executive notice of nonrenewal is provided its decision whether or not to Executive renew this Agreement at least ten thirty (30) days and not more than 30 sixty (60) days prior to any anniversary datethe Anniversary Date, and if written notice of non-renewal is provided to the Executive within said time frame, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewalbe extended. (b) During the period of her employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)Chief Executive Officer, Executive shall devote substantially all her business time, attention, skill, and efforts to the faithful performance of her duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to time, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, similar organizations which, in such the Board’s 's judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership Agreement. Notwithstanding the preceding sentence, no approval is required for the Executive to participate or serve in and service on boards or committees of social, religious, charitable or similar (i) outside organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that in which the Executive was is serving as of the date Effective Date; (ii) religious or educational organizations which Executive or Executive's children may attend from time to time; or (iii) affiliates of this Agreementsuch organizations.

Term and Duties. (a) The term of this Agreement and the period of Executive’s 's employment under this Agreement shall hereunder will begin as of the date first above written Effective Date and shall continue for a period of 36 twelve (12) full calendar months thereafter. Commencing on the first anniversary date of this AgreementAgreement (the "Anniversary Date"), and continuing at each anniversary date Anniversary Date thereafter, the Agreement shall renew for an additional year such that the remaining term shall be 36 twelve (12) full calendar months; provided, however, if written that the Chief Executive Officer shall, at least sixty (60) days before such Anniversary Date conduct a comprehensive performance evaluation and review of the Executive for purposes of determining whether to extend this Agreement. The Chief Executive Officer shall give the Executive notice of nonrenewal is provided his decision whether or not to Executive renew this Agreement at least ten thirty (30) days and not more than 30 sixty (60) days prior to any anniversary datethe Anniversary Date, and if written notice of non-renewal is provided to the Executive within said time frame, the term of this Agreement shall not so renew. On an annual basis prior to the deadline for the notice period referenced above, the board of directors of the Company (the “Board of Directors”) shall conduct a performance review of Executive for purposes of determining whether to provide notice of nonrenewalbe extended. (b) During the period of her his employment hereunder, except for periods of absence occasioned by illness, reasonable vacation periods, and reasonable leaves of absence approved by the board of directors of the Bank (“Board”)Chief Executive Officer, Executive shall devote substantially all her his business time, attention, skill, and efforts to the faithful performance of her his duties hereunder including activities and services related to the organization, operation and management of the Bank; provided, however, that, with the approval of the Board of the Bank, as evidenced by a resolution of such Board, from time to timeDirectors, Executive may serve, or continue to serve, on the boards of directors of, and hold any other offices or positions in, business companies business, social, religious, charitable or business organizations, similar organizations which, in such Board’s the Board of Directors' judgment, will not present any conflict of interest with the Bank, or materially affect the performance of Executive’s 's duties pursuant to this Agreement it being understood that membership Agreement. Notwithstanding the preceding sentence, no approval is required for the Executive to participate or serve in and service on boards or committees of social, religious, charitable or similar (i) outside organizations does not require Board approval pursuant to this Section 2(b). For purposes of this Section 2(b), Board approval shall be deemed to have been granted as to service with any such business company or organization that in which the Executive was is serving as of the date Effective Date; (ii) religious or educational organizations which Executive or Executive's children may attend from time to time; or (iii) affiliates of this Agreementsuch organizations.