FIRST AMENDMENT TO THE
FIRST FEDERAL BANK, A F.S.B.
EXECUTIVE SUPPLEMENTAL RETIREMENT INCOME AGREEMENT
Pursuant to rights reserved under Section XI of the First Federal Bank,
A F.S.B. Executive Supplemental Retirement Income Agreement (the "Agreement")
entered into as of July 1, 1993 by First Federal Bank, A F.S.B. (the "Bank") and
Xxxxx X. Xxxxxxxx ("Executive") hereby agree to amend Section 1.17 and Section
1.18 of the Agreement effective as of October 1, 1996 to provide, in their
entirety, as follows:
1.17 "Supplemental Retirement Income Benefit" means an annual
amount equal to Thirty- Five Thousand Seven Hundred
Eighteen Dollars ($35,718). This total shall be divided by
twelve (12) and paid in equal monthly installments for a
period of one hundred eighty (180) months.
1.18 "Survivor's Benefit" means Thirty-Five Thousand Seven
Hundred Eighteen Dollars (35,718) per year to be paid in
one hundred eighty (180) equal monthly installments.
This First Amendment has been entered into this 27th day of March
1997.
FIRST FEDERAL BANK, A F.S.B.
By: /s/ C. Xxxxx XxXxxxxxx
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C. Xxxxx XxXxxxxxx
Chairman of the Board
/s/ Xxxxx X. Xxxxxxxx
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Xxxxx X. Xxxxxxxx, Executive
