ContractChange in Control Agreement • May 5th, 2020 • Illinois
Contract Type FiledMay 5th, 2020 JurisdictionEX-10.1 2 ex10-1_8k081617.htm CHANGE IN CONTROL AGREEMENT BETWEEN JACKSONVILLE SAVINGS BANK AND CHRIS A. ROYAL DATED AUGUST 16, 2017 JACKSONVILLE SAVINGS BANK TWO-YEAR CHANGE IN CONTROL AGREEMENT FOR CHRIS ROYAL This Change in Control Agreement (the "Agreement") is effective as of the 16th day of August, 2017 (the "Effective Date"), by and between Jacksonville Savings Bank (the "Bank"), an Illinois chartered savings institution with its principal administrative office at 1211 West Morton Avenue, Jacksonville, Illinois 62650, and Chris Royal ("Executive"). Any reference herein to the "Company" shall mean Jacksonville Bancorp, Inc. WHEREAS, Executive is serving as President of the Bank and the Bank wishes to assure itself of the services of Executive as an officer of the Bank for the period provided in this Agreement; and WHEREAS, in order to induce Executive to remain in the employ of the Bank and to provide further incentive for Executive to achieve the financial and performance object
JACKSONVILLE SAVINGS BANK TWO-YEAR CHANGE IN CONTROL AGREEMENT FOR CHRIS ROYALChange in Control Agreement • August 17th, 2017 • Jacksonville Bancorp, Inc. • Savings institution, federally chartered • Illinois
Contract Type FiledAugust 17th, 2017 Company Industry JurisdictionThis Change in Control Agreement (the "Agreement") is effective as of the 16th day of August, 2017 (the "Effective Date"), by and between Jacksonville Savings Bank (the "Bank"), an Illinois chartered savings institution with its principal administrative office at 1211 West Morton Avenue, Jacksonville, Illinois 62650, and Chris Royal ("Executive"). Any reference herein to the "Company" shall mean Jacksonville Bancorp, Inc.