Ottawa Savings Bancorp, Inc. Sample Contracts

FORM OF RESTRICTED STOCK AWARD AGREEMENT OTTAWA SAVINGS BANCORP, INC. 2006 EQUITY INCENTIVE PLAN
Restricted Stock Award Agreement • November 22nd, 2006 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered
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FORM OF INCENTIVE STOCK OPTION AWARD AGREEMENT OTTAWA SAVINGS BANCORP, INC. 2006 EQUITY INCENTIVE PLAN
Incentive Stock Option Award Agreement • November 22nd, 2006 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered
EMPLOYMENT AGREEMENT
Employment Agreement • May 3rd, 2005 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

THIS AGREEMENT (the “Agreement”), made this day of , 2005, by and between OTTAWA SAVINGS BANCORP, INC., a federally chartered holding company (the “Company”), OTTAWA SAVINGS BANK, a federally chartered stock savings bank (the “Bank”), and JON KRANOV (the “Executive”).

FORM OF LOAN AGREEMENT
Loan Agreement • May 3rd, 2005 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2005, by and between the OTTAWA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Ottawa Savings Bank Employee Stock Ownership Plan (“ESOP”); and OTTAWA SAVINGS BANCORP, INC. (“Lender” or “Company”), a federally chartered holding company.

FORM OF NON-STATUTORY STOCK OPTION AWARD AGREEMENT OTTAWA SAVINGS BANCORP, INC. 2006 EQUITY INCENTIVE PLAN
Non-Statutory Stock Option Award Agreement • November 22nd, 2006 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered
AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 2009 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

THIS AGREEMENT (the “Agreement”), originally made this 1st day of August, 2005, by and between OTTAWA SAVINGS BANCORP, INC., a federally chartered holding company (the “Company”), OTTAWA SAVINGS BANK, a federally chartered stock savings bank (the “Bank”), and GARY OCEPEK (the “Executive”), is amended and restated in its entirety effective December 12, 2008.

OTTAWA SAVINGS BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • November 9th, 2007 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

This SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted effective as of April 1, 2007, by and between OTTAWA SAVINGS BANK, a federally-chartered savings bank located in Ottawa, Illinois (the “Bank”) and PHILIP B. DEVERMANN (the “Executive”).

OTTAWA SAVINGS BANK SALARY CONTINUATION AGREEMENT
Salary Continuation Agreement • March 30th, 2009 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

This SALARY CONTINUATION AGREEMENT (the “Agreement”) is adopted effective as of April 1, 2007, by and between OTTAWA SAVINGS BANK, a federally chartered savings bank located in Ottawa, Illinois (the “Bank”) and GARY L. OCEPEK (the “Executive”).

AGREEMENT AND PLAN OF MERGER DATED AS OF JUNE 30, 2014 BY AND AMONG OTTAWA SAVINGS BANCORP MHC, OTTAWA SAVINGS BANCORP, INC., OTTAWA SAVINGS BANK FSB
Merger Agreement • July 1st, 2014 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

This is an Agreement and Plan of Merger, dated as of the 30th day of June, 2014 (“Agreement”), by and among Ottawa Savings Bancorp MHC, a federally chartered mutual holding company (“Ottawa Savings Bancorp MHC”), Ottawa Savings Bancorp, Inc., a federally chartered subsidiary holding company (“Ottawa Savings Bancorp”), Ottawa Savings Bank FSB, a federally chartered stock savings bank (“Ottawa Savings Bank”) (Ottawa Savings Bancorp MHC, Ottawa Savings Bancorp and Ottawa Savings Bank being collectively referred to as “Ottawa”), and Twin Oaks Savings Bank, an Illinois chartered mutual savings bank (“Twin Oaks”).

RELEASE AGREEMENT READ IT CAREFULLY
Release Agreement • May 24th, 2010 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • Illinois

This Release Agreement (the “Release Agreement”) is entered into as of May 18, 2010, by and among Ottawa Savings Bancorp, Inc. (“Corporation”), Ottawa Savings Bancorp MHC (“MHC”), Ottawa Savings Bank (“Bank”) and Gary Ocepek (“Executive”) (collectively, the “Parties”).

ADOPTION AGREEMENT
Adoption Agreement • May 16th, 2005 • Ottawa Savings Bancorp, Inc. • Savings institution, federally chartered • New York

THIS ADOPTION AGREEMENT, upon execution by the Employer and the Trustee, and subsequent approval by a duly authorized representative of Pentegra Services, Inc. (the “Sponsor”), together with the Sponsor’s Employees’ Savings & Profit Sharing Plan and Trust Agreement (the “Agreement”), shall constitute the Ottawa Savings Bank Employees’ Savings & Profit Sharing Plan and Trust (the “Plan”). The terms and provisions of the Agreement are hereby incorporated herein by this reference; provided, however, that if there is any conflict between the Adoption Agreement and the Agreement, this Adoption Agreement shall control.

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