SECOND AMENDMENT TO PART-TIME EMPLOYMENT AND CONSULTING AGREEMENT
Exhibit 10.1
This Second Amendment to Part-Time Employment and Consulting Agreement (hereinafter the
“AMENDMENT”) is made this 12th day of December, 2006, by and between Xxxxxxx Bancshares,
Inc., an Ohio corporation (hereinafter “XXXXXXX”), and Xxxxx X. Xxxxxx (hereinafter “MEHLOW”);
WITNESSETH
WHEREAS, XXXXXXX and XXXXXX are parties to that certain Part-Time Employment and Consulting
Agreement dated February 17, 2006, as amended by that certain First Amendment to Part-Time
Employment and Consulting Agreement dated May 10, 2006 (hereinafter the “AGREEMENT”), pursuant to
which MEHLOW serves as a part-time consultant to XXXXXXX;
WHEREAS, the AGREEMENT provides that the consulting arrangement set forth therein shall
terminate on December 31, 2006 unless the parties mutually agree to an extension; and
WHEREAS, the parties desire to extend the consulting arrangement set forth in the Agreement
under the terms and conditions set forth herein;
NOW, THEREFORE, in consideration of the foregoing and of the respective covenants and
agreements herein contained, XXXXXXX and MEHLOW, intending to be legally bound, hereby agree as
follows:
1. Pursuant to Section 2 of the AGREEMENT, XXXXXXX and XXXXXX hereby agree to extend the
consulting arrangement set forth therein until March 31, 2007. Such consulting arrangement shall
terminate on March 31, 2007, unless XXXXXXX and MEHLOW mutually agree to extend the consulting
arrangement beyond such date.
2. Except as expressly set forth herein and amended hereby, the terms and provisions of the
AGREEMENT shall remain in full force and effect.
3. This AMENDMENT may be executed in counterparts, each of which shall be deemed to be a
duplicate original, but all of which taken together shall be one and the same instrument.
4. This AMENDMENT shall be governed by and construed in accordance with the laws of the State
of Ohio.
IN WITNESS WHEREOF, the parties or authorized representatives of the parties have executed
this First Amendment as of the date first above written.
| /s/ Xxxxx X. Xxxxxx |
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| Xxxxx X. Xxxxxx |
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| XXXXXXX BANCSHARES, INC. |
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| By: | /s/ Xxxxxx X. Xxxxxxx President and CEO |
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