EMPLOYMENT AGREEMENTEmployment Agreement • November 12th, 2021 • Cullman Bancorp, Inc. /MD/ • Savings institutions, not federally chartered • Alabama
This Employment Agreement (this “Agreement”) is made effective as of July 14, 2021 (the “Effective Date”), by and between Cullman Savings Bank, a federally chartered savings bank (the “Bank”) and T’aira Ugarkovich (the “Executive”). The Bank and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Cullman Bancorp, Inc., the newly formed holding company of the Bank. The Company is a signatory to this Agreement for the purpose of guaranteeing the Bank’s performance hereunder.
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • August 15th, 2023 • Cullman Bancorp, Inc. /MD/ • Savings institutions, not federally chartered
This Non-Qualified Stock Option Agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the Cullman Bancorp, Inc. 2023 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and related prospectus have been provided or made available 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 (the “Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” means Cullman Ban
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • August 15th, 2023 • Cullman Bancorp, Inc. /MD/ • Savings institutions, not federally chartered
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the Cullman Bancorp, Inc. 2023 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and related prospectus have been provided or made available 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 (the “Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwis
INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • August 15th, 2023 • Cullman Bancorp, Inc. /MD/ • Savings institutions, not federally chartered
This Incentive Stock Option Agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the Cullman Bancorp, Inc. 2023 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan and related prospectus have been provided or made available to each person granted a Stock Option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts the 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 (the “Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” means Cullman Bancorp,
CULLMAN BANCORP, INC. Up to 3,748,853 Shares (subject to increase up to 4,311,181 Shares) COMMON STOCK ($0.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT May 14, 2021Agency Agreement • May 19th, 2021 • Cullman Bancorp, Inc. /MD/ • Savings institutions, not federally chartered • New York
KELLER & COMPANY, INC. FINANCIAL INSTITUTION CONSULTANTSSecond Stage Conversion Appraisal Agreement • March 12th, 2021 • Cullman Bancorp, Inc. /MD/
Keller & Company, Inc. (hereinafter referred to as KELLER) hereby proposes to prepare an independent conversion appraisal of the successor to Cullman Bancorp, Inc. (hereinafter referred to as (“Cullman Bancorp”), the mid-tier stock holding company of Cullman Savings Bank (“Cullman”), relating to the second stage conversion (the “Conversion”) of Cullman Bancorp. KELLER will provide a pro forma valuation of the market value of the shares of Cullman Bancorp to be sold in connection with a second stage conversion and the corresponding exchange ratio and prepare the pro forma valuation tables in the prospectus.
CULLMAN SAVINGS BANK DIRECTOR SPLIT DOLLAR AGREEMENTDirector Split Dollar Agreement • March 12th, 2021 • Cullman Bancorp, Inc. /MD/ • Alabama
THIS DIRECTOR SPLIT DOLLAR AGREEMENT (this “Agreement”) is made as of this day of , 2008 by and between Cullman Savings Bank, a federally chartered thrift, supervised by the Office of Thrift Supervision (the “Bank”), located in Cullman, Alabama, and ] (the “Director”).
