0000943374-12-000480 Sample Contracts

FIRST AMENDMENT To EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Executive Split Dollar Life Insurance Agreement • August 17th, 2012 • Newport Bancorp Inc • Savings institution, federally chartered

THIS FIRST AMENDMENT (“Amendment”) to the Executive Split Dollar Life Insurance Agreement (“Agreement”) by and between Newport Federal Savings Bank (the “Bank”) and Nino Moscardi (the “Executive”) is effective as of the 16th day of August, 2012.

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