0000943374-11-000569 Sample Contracts

September 2, 2011

Retirement Agreement • September 16th, 2011 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Coast

• Contract Type
  Retirement Agreement
• Filed
  September 16th, 2011
• Company
  Atlantic Coast Financial CORP
• Industry
  Savings institution, federally chartered
• Jurisdiction
  Coast

This letter sets forth our mutual agreement (“Agreement”) as to the terms and conditions of your retirement as President of Atlantic Coast Bank (the “Bank”) and Chief Operating Officer of Atlantic Coast Financial Corporation (“ACFC”). We believe this letter sets forth the terms agreed to in our recent discussions.