EMPLOYMENT AGREEMENTEmployment Agreement • June 13th, 2012 • LaPorte Bancorp, Inc. • Indiana
This Employment Agreement (this “Agreement”) is made effective as of February 26, 2008 (the “Effective Date”), by and between The LaPorte Savings Bank, an Indiana chartered stock savings bank with its principal office in LaPorte, Indiana (the “Bank”) and Lee A. Brady (“Executive”). For purposes of this agreement, any reference to the “Company” shall mean LaPorte Bancorp, Inc., the stock holding company of the Bank. The Company is a signatory to this Agreement for the purpose of guaranteeing the Bank’s performance hereunder.
THE LAPORTE SAVINGS BANK SPLIT DOLLAR AGREEMENTSplit Dollar Agreement • May 7th, 2013 • LaPorte Bancorp, Inc. • Savings institutions, not federally chartered • Indiana
THIS AGREEMENT is adopted this 6 day of May 2013, with an effective date of May 6, 2013 (the “Effective Date”) by and between THE LAPORTE SAVINGS BANK, a state-chartered savings bank located in LaPorte, Indiana (the “Bank”), and Daniel P. Carroll (the “Executive”). This Agreement shall append the Split Dollar Endorsement entered into on even date herewith or as subsequently amended, by and between the aforementioned parties.
MUTUAL TERMINATION OF EMPLOYMENT AGREEMENTMutual Termination of Employment Agreement • March 14th, 2016 • LaPorte Bancorp, Inc. • Savings institutions, not federally chartered • Indiana
THIS MUTUAL TERMINATION OF EMPLOYMENT AGREEMENT (“Agreement”) is entered into on this 10th day of March, 2016, but effective as of the Effective Time (as defined below), by and among LAPORTE BANCORP, INC., a Maryland corporation (“LPB”), LAPORTE SAVINGS BANK, an Indiana state chartered savings bank and wholly‑owned subsidiary of LPB (“LPSB”), and MICHELE M. THOMPSON, the current President and Chief Financial Officer of LPSB (the “Executive”) (hereinafter collectively referred to as the “Parties”). HORIZON BANCORP (“Horizon”), a bank holding company under the Bank Holding Company Act of 1956, as amended, and HORIZON BANK, NATIONAL ASSOCIATION, (“Horizon Bank”), a wholly‑owned national banking association subsidiary of Horizon, are Parties for the limited purposes described herein.
LAPORTE BANCORP, INC. 3,450,000 Shares (subject to increase to 3,967,500 shares) COMMON SHARES ($0.01 Par Value) Subscription Price $8.00 Per Share AGENCY AGREEMENTAgency Agreement • July 26th, 2012 • LaPorte Bancorp, Inc. • Savings institution, federally chartered • New York
April 11, 2012Appraisal Services Agreement • June 13th, 2012 • LaPorte Bancorp, Inc. • Virginia
This letter sets forth the agreement between LaPorte Savings Bank, LaPorte, Indiana (the “Bank”), the wholly-owned subsidiary of LaPorte Bancorp, Inc. (the “Company”), which in turn is the majority-owned subsidiary of LaPorte Savings Bank, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.
ContractSplit Dollar Agreement • June 13th, 2012 • LaPorte Bancorp, Inc. • Indiana
Prepared 12-20-02 THE LA PORTE SAVINGS BANK SPLIT DOLLAR AGREEMENT THIS AGREEMENT is adopted this I day of January 2003, with an effective date of August 1, 2002 (the “Effective Date”), by and between THE LA/PORTE SAVINGS BANK, a state-chartered savings bank located in La Porte, Indiana (the “Company”), and LEE BRADY (the “Executive”). This Agreement shall append the Split Dollar Endorsement entered into on the Effective Date or as subsequently amended, by and between the aforementioned parties. INTRODUCTION To encourage the Executive to remain an employee of the Company, the Company is willing to divide the death proceeds of a life insurance Policy on the Executive’s life. The Company will pay life insurance premiums from its general assets. AGREEMENT The Company and the Executive agree as follows: Article 1 General Definitions The following terms shall have the meanings specified: 1.1 “Executive ‘.s Interest” means the rights of the Executive or his transferee under the Policiesas se
FIRST AMENDMENT TO LETTER AGREEMENT DATED MARCH 26, 2012Letter Agreement • July 26th, 2012 • LaPorte Bancorp, Inc. • Savings institution, federally chartered
This first amendment (the “Amendment”) to the letter agreement dated March 26, 2012 between Sterne, Agee & Leach, Inc. (“Sterne Agee”) and LaPorte Bancorp, Inc. (the “Company”) with respect to the provision of financial advisory services (the “Agreement”) is made effective the 25th day of July 2012.
EMPLOYMENT AGREEMENTEmployment Agreement • June 13th, 2012 • LaPorte Bancorp, Inc. • Indiana
This Employment Agreement (this “Agreement”) is made effective as of February 26, 2008 (the “Effective Date”), by and between The LaPorte Savings Bank, an Indiana chartered stock savings bank with its principal office in LaPorte, Indiana (the “Bank”) and Michele M. Thompson (“Executive”). For purposes of this agreement, any reference to the “Company” shall mean LaPorte Bancorp, Inc., the stock holding company of the Bank. The Company is a signatory to this Agreement for the purpose of guaranteeing the Bank’s performance hereunder.
March 26, 2012 LaPorte Bancorp, Inc. La Porte, IN 46350 Attention: Michele Thompson, President & Chief Financial Officer Ladies and Gentlemen:Financial Advisory Agreement • June 13th, 2012 • LaPorte Bancorp, Inc. • New York
The purpose of this letter agreement (the “Agreement”) is to confirm the engagement of Sterne, Agee & Leach, Inc. (“Sterne Agee”) to act as the exclusive financial advisor to LaPorte Bancorp, Inc. (“LPSB”) and LaPorte Savings Bank (the “Bank”) in connection with the Bank’s reorganization from a mutual holding company form of organization to a stock holding company form of organization (the “Reorganization”). In order to effect the Reorganization, it is contemplated that all of LPSB’s common stock to be outstanding after giving effect to the Reorganization will be issued to a newly formed stock holding company (“NewCo” and, together with LPSB and the Bank, the “Company”) to be formed by LPSB, and that NewCo will offer and sell shares of its common stock first to eligible persons pursuant to a Plan of Conversion and Reorganization (the “Plan”) in a Subscription Offering (the “Subscription Offering”) and any remaining shares to the general public in a Direct Community Offering and/or a Sy
AGREEMENT AND PLAN OF MERGER BY AND AMONG HORIZON BANCORP AND LAPORTE BANCORP, INC.Merger Agreement • March 14th, 2016 • LaPorte Bancorp, Inc. • Savings institutions, not federally chartered • Indiana
THIS AGREEMENT AND PLAN OF MERGER (this “Agreement”) is dated to be effective as of the 10th day of March, 2016, by and between HORIZON BANCORP, an Indiana corporation (“Horizon”), and LAPORTE BANCORP, INC., a Maryland corporation (“LPB”).
VOTING AGREEMENTVoting Agreement • March 14th, 2016 • LaPorte Bancorp, Inc. • Savings institutions, not federally chartered • Indiana
Each of the undersigned, being all of the directors and executive officers of LAPORTE BANCORP, INC. (“LPB”) and THE LAPORTE SAVINGS BANK, an Indiana state-chartered savings bank and wholly-owned subsidiary of LPB (“LPSB”) having, in the case of the LPB directors, voted for the approval and adoption by LPB of that certain Agreement and Plan of Merger (“Agreement and Plan of Merger”) among LPB and Horizon Bancorp (“Horizon”), whereby Horizon will acquire all of the outstanding capital stock of LPB in exchange for shares of Horizon common stock, no par value per share (the “Holding Company Merger”), in consideration of the benefits to be derived from the consummation of such merger and in consideration of the mutual agreements made in the Agreement and Plan of Merger and herein, and in order to induce Horizon to execute and deliver the Agreement and Plan of Merger to LPB and to proceed with the consummation of the Holding Company Merger and to incur the expenses required in connection the
