Second Amendment to Form of Newport Federal Savings Bank Supplemental Director Retirement Agreement. SECOND AMENDMENT TO SUPPLEMENTAL DIRECTOR RETIREMENT AGREEMENTSupplemental Director Retirement Agreement • March 22nd, 2013 • Newport Bancorp Inc • Savings institution, federally chartered
This Second Amendment (the “Second Amendment”) to the Supplemental Director Retirement Agreement, dated as of March __, 2007 (as amended, the “Agreement”), by and among Newport Federal Savings Bank (the “Bank”) and ______________ (the “Director”) is effective as of _____________, 2011. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Agreement.
