June 5, 2018 The Equitable Bank, S.S.B. Wauwatosa, WI 53226 Attention: John P. MatterTEB Bancorp, Inc. • September 12th, 2018 • Georgia
Company FiledSeptember 12th, 2018 JurisdictionThe purpose of this letter agreement (the “Agreement”) is to confirm the engagement of FIG Partners, LLC (“FIG”) to act as the exclusive financial advisor to The Equitable Bank, S.S.B. (“Equitable” or the “Bank”) in connection with the proposed reorganization into the mutual holding company form of organization (the “Reorganization”). It is further understood that the Reorganization will include the formation of a Mutual Holding Company (the “MHC”) as well as a mid-tier stock holding company (the “Holding Company”) and together with the MHC and the Bank, the “Company” and the associated sale of common stock of the Holding Company as further described below.
May 1, 2017FFBW, Inc. • June 14th, 2017 • Georgia
Company FiledJune 14th, 2017 JurisdictionThe purpose of this letter agreement (the “Agreement”) is to confirm the engagement of FIG Partners, LLC (“FIG”) to act as the exclusive financial advisor to First Federal Bank of Wisconsin (“First Federal” or the “Bank”) in connection with the proposed reorganization into the mutual holding company form of organization (the “Reorganization”). It is further understood that the Reorganization will include the formation of a Mutual Holding Company (the “MHC”) as well as a mid-tier stock holding company (the “Holding Company”) and together with the MHC and the Bank, the “Company” and the associated sale of common stock of the Holding Company as further described below.
January 19, 2017 Heritage Bank of St. Tammany Covington, LA 70433Heritage NOLA Bancorp, Inc. • March 10th, 2017 • Georgia
Company FiledMarch 10th, 2017 JurisdictionThe purpose of this letter agreement (the “Agreement”) is to confirm the engagement of FIG Partners, LLC (“FIG”) to act as the exclusive financial advisor to Heritage Bank of St. Tammany (“Heritage” or the “Bank”) in connection with the proposed mutual-to-stock conversion of the Bank (the “Conversion”) and the concurrent sale of common stock of a stock holding company (“NewCo” and together with Heritage, the “Company”) to be formed by Heritage. FIG understands that NewCo will offer and sell shares of its common stock first to eligible persons pursuant to a Plan of Conversion (the “Plan”) in a Subscription Offering (the “Subscription Offering”) and any remaining shares to the general public in a Direct Community Offering and/or Syndicated Community Offering (the “Community Offering” and, together with the Subscription Offering, the “Offering”). This letter sets forth the terms and conditions agreed to between the Company and FIG with respect to the Conversion, the Plan and the Offering.