0000885531-10-000007 Sample Contracts

DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • April 9th, 2010 • Denmark Bancshares Inc • State commercial banks • Wisconsin

This DEFERRED COMPENSATION AGREEMENT (the "Agreement") is entered into as of the 6th day of April, 2010, by and between Denmark State Bank, a Wisconsin corporation ("the Bank"), and John P. Olsen ("the Employee"), an adult resident of the State of Wisconsin.

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