0000943374-12-000384 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 27th, 2012 • Poage Bankshares, Inc. • Savings institution, federally chartered • Kentucky

This Employment Agreement (this “Agreement”) is made effective as of June 25, 2012 (the “Effective Date”), by and between Home Federal Savings and Loan Association, a federally chartered stock savings and loan association (the “Association”) and Miles R. Armentrout (“Executive”). The Association and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Poage Bankshares, Inc., the stock holding company of the Association. The Company is a signatory to this Agreement for the purpose of guaranteeing the Association’s performance hereunder.

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