SUNSHINE FINANCIAL, INC. Up to 931,500 Shares (Subject to increase to 1,071,225 Shares) COMMON SHARES ($.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • July 8th, 2008 • Sunshine Financial Inc. • Savings institution, federally chartered • New York
FELDMAN FINANCIAL ADVISORS, INC.Engagement Agreement • May 23rd, 2008 • Sunshine Financial Inc.
This letter sets forth the agreement between Sunshine Savings Bank (“Sunshine” or the “Company”) and Feldman Financial Advisors, Inc. (“FFA”), whereby Sunshine has engaged FFA to provide an independent appraisal of the estimated aggregate pro forma market value (the “Valuation”) of the shares of common stock that are to be issued in conjunction with the Company’s Minority Stock Offering. Pursuant to the Minority Stock Offering, Sunshine will offer for sale a minority interest of its shares of common stock to eligible depositors of Sunshine Bank, a federally chartered thrift, and other qualifying investors. The parent mutual holding company will continue to own at least a majority of the outstanding common stock of the Company upon completion of the Minority Stock Offering.
EMPLOYMENT AGREEMENTEmployment Agreement • May 23rd, 2008 • Sunshine Financial Inc. • Florida
June 19, 2008 Mr. Louis O. Davis, Jr. President Sunshine Savings BankLetter Agreement • July 8th, 2008 • Sunshine Financial Inc. • Savings institution, federally chartered
