EMPLOYMENT AGREEMENT JON R. ANSARIEmployment Agreement • August 14th, 2012 • Magyar Bancorp, Inc. • Savings institution, federally chartered • Delaware
This Agreement is made effective as of the 26th day of July, 2012 by and between Magyar Bancorp, Inc., a Delaware corporation (the “Company”), with its principal administrative office at 400 Somerset Street, New Brunswick, New Jersey 08903, and Jon R. Ansari (“Executive”).
CHANGE IN CONTROL AGREEMENT FOR BRIAN STANLEYChange in Control Agreement • August 14th, 2012 • Magyar Bancorp, Inc. • Savings institution, federally chartered • Delaware
This AGREEMENT is made effective as of the 26th day of July, 2012 by and between MAGYAR BANCORP, INC., a Delaware corporation with its principal place of business at 101 French Street, New Brunswick, New Jersey 08903 (the “Company”), and BRIAN STANLEY (the “Executive”). Any reference to “Bank” herein shall mean Magyar Bank, a New Jersey chartered stock savings bank or any successor thereto.
AMENDMENT 1 TO EMPLOYMENT AGREEMENTEmployment Agreement • August 14th, 2012 • Magyar Bancorp, Inc. • Savings institution, federally chartered
WHEREAS, Magyar Bancorp, Inc. (the “Company”) and John S. Fitzgerald (“Executive”) entered into an employment agreement dated November 1, 2007 (the “Agreement”); and
