Exhibit 10.9 EMPLOYMENT AGREEMENT THIS AGREEMENT, made September 30, 2003, by and between Peoples State Bank, Wausau, Wisconsin, a Wisconsin banking corporation, ("the Bank") and Todd R. Toppen, of Wausau, Wisconsin ("Mr. Toppen"). WITNESSETH:...Employment Agreement • March 12th, 2004 • PSB Holdings Inc /Wi/ • State commercial banks • Wisconsin
