0000943374-13-000516 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • September 30th, 2013 • First Clover Leaf Financial Corp. • Savings institution, federally chartered • Illinois

This Employment Agreement (“Agreement”) is made by and between First Clover Leaf Bank (the “Bank”), with its principal office in Edwardsville, Illinois, and P. David Kuhl (“Executive”) and shall be effective as of October 7, 2013 (the “Effective Date”). First Clover Leaf Financial Corp. (the “Company”) shall be a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder.

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EMPLOYMENT AGREEMENT
Employment Agreement • September 30th, 2013 • First Clover Leaf Financial Corp. • Savings institution, federally chartered • Illinois

This Employment Agreement (“Agreement”) is made by and between First Clover Leaf Bank (the “Bank”), with its principal office in Edwardsville, Illinois, and Dennis M. Terry (“Executive”) and shall be effective as of January 1, 2014 (the “Effective Date”). First Clover Leaf Financial Corp. (the “Company”) shall be a signatory to this Agreement for the sole purpose of guaranteeing the Bank’s performance hereunder.

FIRST CLOVER LEAF BANK FIRST AMENDMENT TO EMPLOYMENT AGREEMENT WITH WILLIAM D. BARLOW
Employment Agreement • September 30th, 2013 • First Clover Leaf Financial Corp. • Savings institution, federally chartered

WHEREAS, First Clover Leaf Bank (the “Bank”) entered into an employment agreement (the “Agreement”) with William D. Barlow (the “Executive”), effective August 19, 2011; and

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