EMPLOYMENT AGREEMENTEmployment Agreement • November 5th, 2013 • Simplicity Bancorp, Inc. • Savings institution, federally chartered • California
This Agreement (“Agreement”) is made effective as of the 30th day of October 2013 (the “Effective Date”), by and among SIMPLICITY BANK (the “Bank”), a federally chartered stock savings bank, with its principal administrative office at 1359 N. Grand Ave., Covina, California 91724 and DUSTIN LUTON (“Executive”). Any reference to the “Company” herein shall mean SIMPLICITY BANCORP, INC., the holding company of the Bank. The Company is a party to this Agreement for the sole purpose of guaranteeing the payments required hereunder, except as otherwise provided herein.
