0000921183-02-000010 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 13th, 2002 • HMN Financial Inc • Savings institution, federally chartered • Minnesota

THIS EMPLOYMENT AGREEMENT (this "Agreement") is effective as of January 1, 2002 by and among HMN Financial, Inc., a Delaware corporation (the "Company"), Home Federal Savings Bank, a federally chartered savings bank (the "Bank") and a wholly owned subsidiary of the Company and Timothy P. Johnson, a resident of Stewartville, Minnesota ("Executive").

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