Monarch Community Bancorp Inc Sample Contracts

Richard J. DeVries Management Continuity Agreement Dated: August 19, 2014
Management Continuity Agreement • December 10th, 2014 • Monarch Community Bancorp Inc • National commercial banks • Michigan

This Management Continuity Agreement (“Agreement”) is entered into this 19th day of August, 2014 (the “Effective Date”) between Monarch Community Bank, a Michigan state chartered bank (the “Bank”), and Richard J. DeVries (“Executive”).

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Management Continuity Agreement Rebecca S. Crabill Dated: February 21, 2008
Management Continuity Agreement • February 27th, 2008 • Monarch Community Bancorp Inc • National commercial banks • Michigan

This Management Continuity Agreement (“Agreement”) is entered into this 21st day of February, 2008 between Monarch Community Bancorp, Inc., a Maryland corporation (the “Company”), and Rebecca S. Crabill (“Executive”).

AMENDED AND RESTATED AGREEMENT AND PLAN OF MERGER DATED AS OF SEPTEMBER 2, 2003 AND AMENDED AND RESTATED AS OF SEPTEMBER 24, 2003 BY AND AMONG MONARCH COMMUNITY BANCORP, INC., MONARCH ACQUISITION CORP. AND MSB FINANCIAL, INC.
Agreement and Plan of Merger • September 26th, 2003 • Monarch Community Bancorp Inc • National commercial banks • Maryland

This is an Agreement and Plan of Merger, dated as of the 2nd day of September, 2003 and amended and restated the 24th day of September, 2003 (“Agreement”), by and between Monarch Community Bancorp, Inc., a Maryland corporation (“MCBF”), Monarch Acquisition Corp., a Maryland corporation (“Acquisition Sub”) and MSB Financial, Inc., a Maryland corporation (“MSB”).

AGREEMENT AND PLAN OF MERGER BY AND BETWEEN CHEMICAL FINANCIAL CORPORATION AND MONARCH COMMUNITY BANCORP, INC. Dated as of October 31, 2014
Agreement and Plan of Merger • November 3rd, 2014 • Monarch Community Bancorp Inc • National commercial banks • Michigan

This Agreement and Plan of Merger (this “Plan of Merger”) is made as of October 31, 2014, by and between Chemical Financial Corporation, a Michigan corporation (“Purchaser”), and Monarch Community Bancorp, Inc., a Maryland corporation (“Company”).

Monarch Community Bancorp, Inc. Employment Agreement
Employment Agreement • September 25th, 2006 • Monarch Community Bancorp Inc • National commercial banks • Michigan

THIS AGREEMENT entered into this 20th day of September, 2006, by and between Monarch Community Bancorp, Inc., on its behalf and on behalf of all of its subsidiaries and affiliated corporations or associations (“Affiliates”), located at 375 North Willowbrook Road, Coldwater, Michigan 49036 (collectively referred to as the “Company”), and Donald L. Denney (“Executive”).

OMNIBUS AMENDMENT AGREEMENT
Omnibus Amendment Agreement • February 12th, 2009 • Monarch Community Bancorp Inc • National commercial banks • Illinois

This Omnibus Amendment Agreement, dated as of February 6, 2009 (the “Agreement”), is entered into by and between (the “Executive”) and Monarch Community Bancorp, Inc. (the “Company”).

Contract
Share Agency Agreement • March 27th, 2002 • Monarch Community Bancorp Inc

MONARCH COMMUNITY BANCORP, INC. 1,983,750 Shares COMMON SHARES (Par Value $.01 Per Share) Subscription Price $10.00 Per Share AGENCY AGREEMENT ____________ __, 2002 Keefe, Bruyette & Woods, Inc. 211 Bradenton Drive Dublin, Ohio 43017-5034 Ladies and Gentlemen: Branch County Federal Savings & Loan Association of Coldwater (the "Bank"), a federally-chartered stock savings association, which is changing its name to Monarch Community Bank, and Monarch Community Bancorp, Inc., a Maryland-chartered stock corporation (the "Company"), hereby confirm, jointly and severally, their agreement with Keefe, Bruyette & Woods, Inc. ("KBW" or the "Agent"), as follows: Section 1. The Offering. The Bank, in accordance with its Plan of Conversion adopted by its Board of Directors (as amended, the "Plan"), intends to convert from a mutual savings association to a stock savings association. The Plan also includes the concurrent formation of the Company as the Bank's holding company.

Contract
Employment Agreement • March 27th, 2002 • Monarch Community Bancorp Inc • Michigan

Branch County Federal Savings & Loan Association of Coldwater Employment Agreement THIS AGREEMENT entered into this 20th day of March, 2002, by and between Branch County Federal Savings & Loan Association of Coldwater and all of its subsidiaries and affiliated corporations or associations, located at 375 North Willowbrook Road, Coldwater, Michigan 49036 (collectively referred to as the "Bank"), and John R. Schroll ("Executive"). WHEREAS, the Executive is currently serving as President and Chief Executive Officer of the Bank; and WHEREAS, the Bank has adopted a plan of conversion whereby the Bank will convert to capital stock form as the subsidiary of a holding company (the "Holding Company"), subject to the approval of the Bank's members and the Office of Thrift Supervision (the "Conversion"); and WHEREAS, the Board of Directors of the Bank believes it is in the best interests of the Bank to enter into this Agreement with the Executive in order to assure continuity of ma

SETTLEMENT AGREEMENT AND MUTUAL RELEASE
Settlement Agreement and Mutual Release • December 15th, 2004 • Monarch Community Bancorp Inc • National commercial banks • Michigan

This Settlement Agreement and Mutual Release (“Agreement”) is made and entered into this 9th day of December, 2004, by and among John R. Schroll, an individual with an address at 209 North Clay Street, Coldwater, Michigan 49036 (“Schroll” or “Party”), Monarch Community Bancorp, Inc., a Maryland corporation with its chief executive office located at 375 North Willowbrook Road, Coldwater, Michigan 49036 (“Bancorp” or “Party”) and Monarch Community Bank, a federally-chartered banking corporation with its chief executive office located at 375 North Willowbroook Road, Coldwater, Michigan 49036 (“Bank” or “Party”).

MONARCH COMMUNITY BANCORP, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • March 21st, 2006 • Monarch Community Bancorp Inc • National commercial banks

Shares of Restricted Stock are hereby awarded on , by Monarch Community Bancorp, Inc. a Maryland-chartered corporation (the “Corporation”) to (the “Grantee”) in accordance with the following terms and conditions:

Written Agreement by and between MONARCH COMMUNITY BANCORP, INC. Coldwater, Michigan and FEDERAL RESERVE BANK OF CHICAGO Chicago, Illinois Docket No. 10-193-WA/RB-HC
Monarch Community Bancorp Inc • September 27th, 2010 • National commercial banks

WHEREAS, Monarch Community Bancorp, Inc., Coldwater, Michigan (“Monarch”), a registered bank holding company, owns and controls Monarch Community Bank, Coldwater, Michigan (the “Bank”), a state nonmember bank;

AMENDMENT #1 TO MANAGEMENT CONTINUITY AGREEMENT
Management Continuity Agreement • March 30th, 2009 • Monarch Community Bancorp Inc • National commercial banks

This Amendment #1 to Management Continuity Agreement (the “Amendment”) is entered into as of the 31st day of December, 2008 between Monarch Community Bancorp, Inc., a Maryland corporation (the “Company”), and Andrew J. Van Doren (“Executive”).

MONARCH COMMUNITY BANCORP, INC. INCENTIVE STOCK OPTION AGREEMENT
Incentive Stock Option Agreement • July 13th, 2005 • Monarch Community Bancorp Inc • National commercial banks

This Option is granted on (the “Grant Date”), by Monarch Community Bancorp, Inc., a Maryland-chartered corporation (the “Corporation”), (the “Optionee”), in accordance with the following terms and conditions:

MONARCH COMMUNITY BANCORP, INC. RESTRICTED STOCK AGREEMENT
Restricted Stock Agreement • December 10th, 2014 • Monarch Community Bancorp Inc • National commercial banks

Shares of Restricted Stock are hereby awarded effective (the “Grant Date”), by Monarch Community Bancorp, Inc., a Maryland corporation (the “Company”), to (the “Grantee”) in accordance with the following terms and conditions:

Monarch Community Bank Employment Agreement
Monarch Community Bank Employment Agreement • November 21st, 2003 • Monarch Community Bancorp Inc • National commercial banks • Michigan

THIS AGREEMENT entered into this September 2, 2003, by and between Monarch Community Bank located at 375 North Willowbrook Road, Coldwater, Michigan 49036 (the “Bank”), and Charles B. Cook (“Executive”).

AMENDMENT #1 TO MANAGEMENT CONTINUITY AGREEMENT
Management Continuity Agreement • March 30th, 2009 • Monarch Community Bancorp Inc • National commercial banks

This Amendment #1 to Management Continuity Agreement (the “Amendment”) is entered into as of the 31st day of December, 2008 between Monarch Community Bancorp, Inc., a Maryland corporation (the “Company”), and Rebecca S. Crabill (“Executive”).

RPFINANCIAL, LC.
Monarch Community Bancorp Inc • March 27th, 2002

Board of Directors Branch County Federal Savings and Loan Association 375 N. Willowbrook Road Coldwater, Michigan 49036 Dear Members of the Board: This letter sets forth the agreement between Branch County Federal Savings and Loan Association, Coldwater, Michigan ("Branch County Federal" or the "Association"), and RP Financial, LC. ("RP Financial"), whereby the Association has engaged RP Financial to prepare the business plan and financial projections to be adopted by the Association's Board of Directors in conjunction with the stock conversion transaction and filed with the appropriate regulatory agencies, whereby the Association will become a wholly-owned subsidiary of a stock holding company. These services are described in greater detail below. Description of Proposed Services RP Financial's business planning services will include the following areas: (1) evaluating Branch County Federal's current financial and operating condition, business strategies and anticip

MONARCH COMMUNITY BANK CHANGE IN CONTROL SEVERANCE AGREEMENT
Monarch Community Bank Change in Control Severance Agreement • March 22nd, 2004 • Monarch Community Bancorp Inc • National commercial banks • Michigan

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (“Agreement”) is made and entered into as of this 1st day of January, 2003, by and between Monarch Community Bank (hereinafter referred to as the “Bank”), and William C. Kurtz (the “Employee”).

Amendment #1 To The Monarch Community Bancorp, Inc. Employment Agreement
Employment Agreement • March 30th, 2009 • Monarch Community Bancorp Inc • National commercial banks

THIS AMENDMENT (the “Amendment”), is made and entered into as of December 31, 2008 by and between Monarch Community Bancorp, Inc., on its behalf and on behalf of all of its subsidiaries and affiliated corporations or associations (“Affiliates”), located at 375 North Willowbrook Road, Coldwater, Michigan 49036 (collectively referred to as the “Company”), and Donald L. Denney (“Executive”).

EXCHANGE AGREEMENT by and between MONARCH COMMUNITY BANCORP, INC. and THE UNITED STATES DEPARTMENT OF THE TREASURY Dated as of October 30, 2013
Securities Purchase Agreement • November 7th, 2013 • Monarch Community Bancorp Inc • National commercial banks • New York

EXCHANGE AGREEMENT, dated as of October 30, 2013 (this “Agreement”) by and between Monarch Community Bancorp, Inc., a Maryland corporation (the “Company”), and the United States Department of the Treasury (the “Investor”). All capitalized terms used herein and not otherwise defined shall have the respective meanings ascribed to them in the Securities Purchase Agreement.

Amendment #2 To The Monarch Community Bancorp, Inc. Employment Agreement
Employment Agreement • November 16th, 2009 • Monarch Community Bancorp Inc • National commercial banks

THIS AMENDMENT (the “Amendment”), is made and entered into as of August 20, 2009 by and between Monarch Community Bancorp, Inc., on its behalf and on behalf of all of its subsidiaries and affiliated corporations or associations (“Affiliates”), located at 375 North Willowbrook Road, Coldwater, Michigan 49036 (collectively referred to as the “Company”), and Donald L. Denney (“Executive”).

RPFINANCIAL, LC.
Monarch Community Bancorp Inc • March 27th, 2002

Board of Directors Branch County Federal Savings and Loan Association 375 N. Willowbrook Road Coldwater, Michigan 49036 Dear Members of the Board: This letter sets forth the agreement between Branch County Federal Savings and Loan Association, Coldwater, Michigan ("Branch County Federal" or the "Association"), and RP Financial, LC. ("RP Financial") for the independent appraisal services pertaining to the mutual-to-stock conversion transaction, whereby the Association will become a wholly-owned subsidiary of a stock holding company. The specific appraisal services to be rendered by RP Financial are described below. These appraisal services will be managed by one of RP Financial's Managing Directors and one or two Senior Vice Presidents. Description of Conversion Appraisal Services Prior to preparing the valuation report, RP Financial will conduct a financial due diligence, including on-site interviews of senior management and reviews of financial and other documents

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