AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • February 10th, 2017 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
Contract Type FiledFebruary 10th, 2017 Company Industry JurisdictionThis Amended and Restated Employment Agreement (this “Agreement”) is made effective as of January 1, 2017 (the “Effective Date”), by and between Oconee Federal Savings and Loan Association, a federally chartered savings and loan association (the “Association”) and Curtis T. Evatt (“Executive”). The Association and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Oconee Federal Financial Corp., the mid-tier holding company of the Association. The Company is a signatory to this Agreement for the purpose of guaranteeing the Association’s performance hereunder.
FORM OF] EMPLOYMENT AGREEMENTEmployment Agreement • November 2nd, 2010 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
Contract Type FiledNovember 2nd, 2010 Company Industry JurisdictionThis Employment Agreement (this “Agreement”) is made effective as of , 2010 (the “Effective Date”), by and between Oconee Federal Savings and Loan Association, a federally chartered savings and loan association (the “Association”) and Curtis T. Evatt (“Executive”). The Association and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Oconee Federal Financial Corp., the mid-tier holding company of the Association. The Company is a signatory to this Agreement for the purpose of guaranteeing the Association’s performance hereunder.
STOCK OPTION Granted by OCONEE FEDERAL FINANCIAL CORP. under the OCONEE FEDERAL FINANCIAL CORP.Stock Option Agreement • May 3rd, 2012 • Oconee Federal Financial Corp. • Savings institution, federally chartered
Contract Type FiledMay 3rd, 2012 Company IndustryThis stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2012 Equity Incentive Plan (the “Plan”) of Oconee Federal Financial Corp. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used herein but not defined will have the same meaning as in the Plan.
RESTRICTED STOCK AWARD Granted by OCONEE FEDERAL FINANCIAL CORP. under the OCONEE FEDERAL FINANCIAL CORP.Restricted Stock Agreement • May 3rd, 2012 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
Contract Type FiledMay 3rd, 2012 Company Industry JurisdictionThis Restricted Stock Award Agreement (the “Restricted Stock Award” or this “Agreement”) is and will be subject in every respect to the provisions of the 2012 Equity Incentive Plan (the “Plan”) of Oconee Federal Financial Corp. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used herein but not defined will
OCONEE FEDERAL FINANCIAL CORP. (a federal stock holding company) 1,812,600 Shares (Subject to an Increase Up to 2,094,480 Shares in the Event of an Oversubscription) COMMON STOCK (Par Value $0.01 Per Share) Subscription Price $10.00 Per Share AGENCY...Agency Agreement • November 12th, 2010 • Oconee Federal Financial Corp. • Savings institution, federally chartered • New York
Contract Type FiledNovember 12th, 2010 Company Industry Jurisdiction
SEPARATION AGREEMENT AND FULL AND FINAL WAIVER, RELEASE AND DISMISSAL OF ALL CLAIMSSeparation Agreement • March 24th, 2016 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
Contract Type FiledMarch 24th, 2016 Company Industry JurisdictionThis Separation Agreement and Full and Final Waiver, Release and Dismissal of All Claims (“Agreement”) is entered into by and among H. Allen Salter (“Executive”), Oconee Federal Financial Corp. (the “Company”), Oconee Federal Savings and Loan Association (the “Bank”), Oconee Federal, MHC on March 23, 2016. For purposes of this Agreement, the terms “Company,” “Bank” and “MHC” shall also include the successors of the Company, the Bank and the MHC, and all of their respective parent companies, subsidiaries, affiliates, officers, directors, employees and agents.
STATE OF SOUTH CAROLINA COUNTY OF OCONEE DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
Contract Type FiledSeptember 16th, 2010 Company JurisdictionTHIS AGREEMENT made and entered into this 10th day of December, 1990, by and between OCONEE SAVINGS & LOAN ASSOCIATION (the “Association”) and CECIL T. SANDIFER, JR. (the “Director”),
August 19, 2010Appraisal Services Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • Oregon
Contract Type FiledSeptember 16th, 2010 Company JurisdictionThis letter sets forth the agreement between Oconee Federal Savings and Loan Association, Seneca, South Carolina (the “Association”), and McAuliffe Financial, LLC. (“McAuliffe Financial”) for the independent appraisal services in connection with the stock to be issued concurrent with the mutual holding company reorganization and offering of stock. The specific appraisal services to be rendered by McAuliffe Financial are described below.
STATE OF SOUTH CAROLINA COUNTY OF OCONEE DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
Contract Type FiledSeptember 16th, 2010 Company JurisdictionTHIS AGREEMENT made and entered into this 1st day of February, 1996 by and between OCONEE FEDERAL SAVINGS & LOAN ASSOCIATION (the “Association”) and W. MAURICE POORE (the “Director”).
FIRST AMENDMENT TO THE AGREEMENT AND PLAN OF MERGERAgreement and Plan of Merger • May 7th, 2014 • Oconee Federal Financial Corp. • Savings institution, federally chartered
Contract Type FiledMay 7th, 2014 Company IndustryTHIS AMENDMENT TO THE AGREEMENT AND PLAN OF MERGER, dated as of May 6, 2014 (the “First Amendment”), is by and among (i) Oconee Federal, MHC, a federally chartered mutual holding company (“Oconee MHC”), Oconee Federal Financial Corp., a federally chartered subsidiary savings and loan holding company corporation (“OFED”), and Oconee Federal Savings and Loan Association, a federally chartered stock savings association (“Oconee Federal”), and (ii) Stephens Federal Bank, a federally chartered mutual savings association (“Stephens Federal”). Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to them in the Agreement (as defined below).
STATE OF SOUTH CAROLINA COUNTY OF OCONEE NON-QUALIFIED SALARY CONTINUATION AGREEMENTNon-Qualified Salary Continuation Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
Contract Type FiledSeptember 16th, 2010 Company JurisdictionTHIS AGREEMENT made and entered into this 16th day of January. 1997 by and between OCONEE FEDERAL SAVINGS & LOAN ASSOCIATION as “Employer” and T. RHETT EVATT as “Employee”.
AGREEMENT AND PLAN OF MERGER By and Among OCONEE FEDERAL, MHC, OCONEE FEDERAL FINANCIAL CORP., OCONEE FEDERAL SAVINGS AND LOAN ASSOCIATION And STEPHENS FEDERAL BANK Dated as of February 26, 2014Merger Agreement • February 27th, 2014 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
Contract Type FiledFebruary 27th, 2014 Company Industry JurisdictionTHIS AGREEMENT AND PLAN OF MERGER (this “Agreement”), dated as of February 26, 2014, is by and between (i) Oconee Federal, MHC, a federally chartered mutual holding company (“Oconee MHC”), Oconee Federal Financial Corp., a federally chartered subsidiary savings and loan holding company corporation (“OFED”), and Oconee Federal Savings and Loan Association, a federally chartered stock savings association (“Oconee Federal”), and (ii) Stephens Federal Bank, a federally chartered mutual savings association (“Stephens Federal”). Each of Oconee MHC, OFED, Oconee Federal and Stephens Federal is sometimes individually referred to herein as a “party,” and Oconee MHC, OFED, Oconee Federal and Stephens Federal are collectively sometimes referred to as the “parties.”