EMPLOYMENT AGREEMENTEmployment Agreement • October 4th, 2024 • Texas Community Bancshares, Inc. • Savings institutions, not federally chartered • Texas
This Employment Agreement (the “Agreement”) is made and entered into, effective as of the 1st day of October, 2024 (the “Effective Date”), by and between Broadstreet Bank, SSB, a Texas-chartered stock savings bank (the “Bank”) and Jason Sobel (the “Executive”). Any reference to the “Company” shall mean Texas Community Bancshares, Inc., the holding company of the Bank.
INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • August 31st, 2022 • Texas Community Bancshares, Inc. • Savings institutions, not federally chartered • Texas
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the Texas Community Bancshares, Inc. 2022 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 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 Texas Community Bancshares, Inc.
FORM OF NON-QUALIFIED STOCK OPTION AWARD AGREEMENTNon-Qualified Stock Option Award Agreement • August 31st, 2022 • Texas Community Bancshares, Inc. • Savings institutions, not federally chartered • Texas
This Non-Qualified Stock Option Agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the Texas Community Bancshares, Inc. 2022 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 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 Texas Community Ba
RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • August 31st, 2022 • Texas Community Bancshares, Inc. • Savings institutions, not federally chartered • Texas
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the Texas Community Bancshares, Inc. 2022 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 has 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 Compensation Committee of the Board of Directors of the Company (the “Committee”) 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 te
Up to 4,140,000 Shares (Subject to increase up to 4,761,000 in shares the event of an increase in the pro forma market value of the Company’s Common Stock) TEXAS COMMUNITY BANCSHARES, INC. (a Maryland corporation) Common Stock (par value $0.01 per...Agency Agreement • May 19th, 2021 • Texas Community Bancshares, Inc. • Savings institutions, not federally chartered • New York
Feldman Financial Advisors, Inc.Valuation Agreement • March 9th, 2021 • Texas Community Bancshares, Inc.
This letter sets forth the Agreement (“Agreement”) between Mineola Community Mutual Holding Company (the “Company”) and Feldman Financial Advisors, Inc. (“FFA”), whereby the Company 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 and sold by a newly formed stock holding company in connection with the conversion (“Conversion”) of the Company from the mutual holding company form of organization to the full stock form.
AMENDED AND RESTATED PARTICIPATION AGREEMENTParticipation Agreement • March 9th, 2021 • Texas Community Bancshares, Inc.
I, James Herlocker, an eligible Employee as determined in Section 2.1 of Mineola Community Bank Split Dollar Life Insurance Plan (the "Plan") dated December 18, 2013 first elected to become a Participant of the Plan January 6, 2014. I now wish to confirm my participation in the Plan with the increased death benefit and adjusted definition of Separation from Service described below.
COMPENSATION AGREEMENTCompensation Agreement • March 9th, 2021 • Texas Community Bancshares, Inc. • Texas
AGREEMENT dated the 1st day of January, 1996, between Mineola Federal Savings and Loan Association, with the main office at 215 W. Broad, Mineola, Texas 75773 (the "Association") and Robert L. Smith, Director (the "Director").
SEPARATION, CONSULTING AND RELEASE AGREEMENTSeparation, Consulting and Release Agreement • November 24th, 2023 • Texas Community Bancshares, Inc. • Savings institutions, not federally chartered • Texas
THIS SEPARATION, CONSULTING AND RELEASE AGREEMENT (this “Agreement”), dated as of November 20, 2023 (the “Termination Date”) by and between James H. Herlocker, III (“Herlocker”), Mineola Community Bank, S.S.B., a Texas-chartered stock savings bank (the “Bank”) and Texas Community Bancshares, Inc. (the “Company”). In consideration of the payments and benefits described in this Agreement, the sufficiency of which is acknowledged hereby, Herlocker, the Bank and the Company agree as follows:
MINEOLA COMMUNITY BANK SPLIT DOLLAR LIFE INSURANCE PLAN PARTICIPATION AGREEMENTParticipation Agreement • March 9th, 2021 • Texas Community Bancshares, Inc.
I, an eligible Employee as determined in Section 2.1 of Mineola Community Bank Split Dollar Life Insurance Plan (the “Plan”) dated December 18, 2013 hereby elect to become a Participant of the Plan in accordance with Section 2.2 of the Plan.
