RESTATED DIRECTOR SUPPLEMENTAL RETIREMENT INCOME and DEFERRED COMPENSATION AGREEMENT FOR MARTIN LUKACS MAGYAR BANK New Brunswick, New Jersey January 1, 2006 Financial Institution Consulting Corporation Memphis, Tennessee 38117 WATS: 1-800-873-0089...Compensation Agreement • December 29th, 2006 • Magyar Bancorp, Inc. • Savings institution, federally chartered • New Jersey
This Restated Director Supplemental Retirement Income and Deferred Compensation Agreement for Martin Lukacs (the "Agreement"), effective as of the 1st day of January, 2006, amends and restates the Director Supplemental Retirement Income and Deferred Compensation Agreement for Martin Lukacs dated February 1, 2004, and formalizes the understanding by and between MAGYAR BANK (the "Bank"), a state chartered savings bank having its principal place of business in New Brunswick, New Jersey, and MARTIN LUKACS (hereinafter referred to as "Director"). All prior non-qualified Director deferred compensation agreements, including any and all Joinder Agreements, with respect to the Director and MAGYAR BANK, are hereby superseded and replaced by this Agreement
EXECUTIVE SUPPLEMENTAL RETIREMENT INCOME AGREEMENT FOR JOHN FITZGERALD MAGYAR BANK New Brunswick, New Jersey January 1, 2006 Financial Institution Consulting Corporation Memphis, Tennessee 38117 WATS: 1-800-873-0089 FAX: (901) 684-7414Retirement Income Agreement • December 29th, 2006 • Magyar Bancorp, Inc. • Savings institution, federally chartered • New Jersey
This Executive Supplemental Retirement Income Agreement for John Fitzgerald (the "Agreement"), effective as of the 1st day of January, 2006, formalizes the understanding by and between MAGYAR BANK (the "Bank"), a state chartered stock savings bank, and JOHN FITZGERALD, hereinafter referred to as "Executive".
