SOUND FINANCIAL, INC. (a federal stock corporation) 1,467,400 Shares (subject to increase to 1,687,510 shares) COMMON SHARES ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT November __, 2007Agency Agreement • November 2nd, 2007 • Sound Financial, Inc. • Savings institution, federally chartered • New York
Sound Community MHC, a federal mutual holding company in formation (the "MHC"), Sound Financial, Inc., a federal corporation in formation (the "Company"), and Sound Community Bank, a federally chartered savings bank located in Seattle, Washington (the "Bank") (references to the "Bank" include the Bank in the mutual or stock form, as indicated by the context), with its deposit accounts insured by the Deposit Insurance Fund ("DIF") administered by the Federal Deposit Insurance Corporation ("FDIC"), hereby confirm their agreement with Keefe, Bruyette & Woods, Inc. (the "Agent") as follows:
EMPLOYMENT AGREEMENTEmployment Agreement • November 5th, 2009 • Sound Financial, Inc. • Savings institution, federally chartered • Washington
THIS EMPLOYMENT AGREEMENT (“Agreement”) is made and effective as of this 1st day of November, 2009 by and between Sound Community Bank (hereinafter referred to as the “Bank”) and Marlene Price (the “Employee”).
ContractSupplemental Executive Retirement Plan Agreement • February 8th, 2012 • Sound Financial, Inc. • Savings institution, federally chartered • Washington
PURCHASE AND ASSUMPTION AGREEMENTPurchase and Assumption Agreement • June 29th, 2009 • Sound Financial, Inc. • Savings institution, federally chartered • Washington
This Purchase and Assumption Agreement (this "Agreement") is made and entered into this 24th day of April, 2009, by and between Sound Community Bank, a federally chartered savings bank (the "Purchaser"), and 1st Security Bank of Washington, a Washington chartered mutual savings bank (the "Seller").
ContractConfidentiality, Non-Competition, and Non-Solicitation Agreement • February 8th, 2012 • Sound Financial, Inc. • Savings institution, federally chartered • Washington
ContractExecutive Long Term Compensation Agreement • January 5th, 2012 • Sound Financial, Inc. • Savings institution, federally chartered
ContractEmployment Agreement Addendum • January 3rd, 2012 • Sound Financial, Inc. • Savings institution, federally chartered
In consideration of the renewal of Matthew P. Deines’s (Employee) Employment Agreement by Sound Community Bank (Employer), the adequacy of which is hereby acknowledged, the parties agree to the following addendum which is to clarify the terms of the Employment Agreement and to memorialize some agreed revisions.
NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • January 29th, 2009 • Sound Financial, Inc. • Savings institution, federally chartered
This Non-Qualified Stock Option Award (“NQSO”) is granted by Sound Financial, Inc. (“Company”) to [Name] (“Option Holder”) in accordance with the terms of this Non-Qualified Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Sound Financial, Inc. 2008 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
ContractEmployment Agreement Addendum • January 3rd, 2012 • Sound Financial, Inc. • Savings institution, federally chartered
In consideration of the renewal of Matthew Moran’s (Employee) Employment Agreement by Sound Community Bank (Employer), the adequacy of which is hereby acknowledged, the parties agree to the following addendum which is to clarify the terms of the Employment Agreement and to memorialize some agreed revisions.
SOUND COMMUNITY BANK INCENTIVE COMPENSATION ACHIEVEMENT PLANIncentive Compensation Plan • September 20th, 2007 • Sound Financial, Inc.
Whereas the Board of Directors of Sound Community Bank (the "Bank") has adopted an incentive, compensation plan for certain designated senior managers (the "Managers") of the Bank and its subsidiaries and affiliates, now therefore, Bank and those Managers entering into this Agreement, covenant and agree as follows:
Executive Long Term Compensation AgreementExecutive Long Term Compensation Agreement • September 20th, 2007 • Sound Financial, Inc. • Washington
This Agreement is made and entered into this 14th day of August, 2007 by and between Sound Community Bank, a bank organized and existing under the laws of the State of Washington and with its principal offices in Seattle, Washington, (hereinafter referred to as the "Bank" or "Employer"), and Laura Lee Stewart, an Executive of the Bank (hereinafter referred to as the "Executive").
EMPLOYMENT AGREEMENTEmployment Agreement • September 20th, 2007 • Sound Financial, Inc. • Washington
THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of this 1st day of January, 2007 by and between Sound Community Bank (hereinafter referred to as the "Bank") and Laura Lee Stewart (the "Employee").
INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • January 29th, 2009 • Sound Financial, Inc. • Savings institution, federally chartered
This Incentive Stock Option Award (“ISO”) is granted by Sound Financial, Inc. (“Company”) to [Name] (“Option Holder”) in accordance with the terms of this Incentive Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Sound Financial, Inc. 2008 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
ContractExecutive Long Term Compensation Agreement • February 8th, 2012 • Sound Financial, Inc. • Savings institution, federally chartered
EXECUTIVE LONG TERM COMPENSATION AGREEMENTExecutive Long Term Compensation Agreement • September 20th, 2007 • Sound Financial, Inc. • Washington
This Agreement is made and entered into this 14th day of August 2007, by and between Sound Community Bank, a bank organized and existing under the laws of the State of Washington and with its principal offices in Seattle, Washington, (hereinafter referred to as the "Bank" or "Employer"), and Patricia Floyd, an Executive of the Bank (hereinafter referred to as the "Executive").
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • January 29th, 2009 • Sound Financial, Inc. • Savings institution, federally chartered
This Restricted Stock Award of Shares (“Restricted Stock”) is granted by Sound Financial, Inc. (“Company”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Award Agreement (“Agreement”) and subject to the provisions of the Sound Financial, Inc. 2008 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
ContractIncentive Stock Option Award Agreement • March 6th, 2012 • Sound Financial, Inc. • Savings institution, federally chartered
RP® FINANCIAL, LC.Appraisal Services Agreement • September 20th, 2007 • Sound Financial, Inc.
This letter sets forth the agreement between Sound Community Bank, Seattle, Washington (the "Bank"), and RP® Financial, LC ("RP Financial") for independent appraisal services in connection with the stock to be issued concurrent with the minority stock offering transaction. The specific appraisal services to be rendered by RP Financial are described below.
SOUND FINANCIAL, INC. RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • March 6th, 2012 • Sound Financial, Inc. • Savings institution, federally chartered
This Restricted Stock Award of Shares (“Restricted Stock”) is granted by Sound Financial, Inc. (“Company”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Award Agreement (“Agreement”) and subject to the provisions of the Sound Financial, Inc. 2008 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference.
