0000913849-06-000365 Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Release and Severance Agreement • May 15th, 2006 • Royal Financial, Inc. • Savings institutions, not federally chartered • Illinois

THIS AGREEMENT, made and entered into as of February 21, 2006 (the “Effective Date”), by and among Royal Financial, Inc. (hereinafter referred to as “Royal Financial”), Royal Savings Bank (the “Bank” and together with Royal Financial, hereinafter the “Employer”), and Leonard Szwajkowski (hereinafter called the “Executive”).

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