EMPLOYMENT AGREEMENT OF BRAD S. RENCHEmployment Agreement • March 31st, 2010 • First Clover Leaf Financial Corp. • Savings institution, federally chartered • Illinois
This Agreement is made by and between First Clover Leaf Bank, a federal savings bank (the “Bank”), with its principal office in Edwardsville, Illinois, and Brad S. Rench (“Executive”) and is effective as of January 1, 2010 (the “Effective Date”). References herein to the “Company” mean First Clover Leaf Financial Corp., a Maryland corporation that owns 100% of the common stock of the Bank on the Effective Date. The Company is a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder.
