0000943374-20-000410 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2020 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona

This Employment Agreement (the “Agreement”) is entered into as of the 30th day of July, 2020, and made effective as of July 20, 2020 (the “Effective Date”), by and between Bank 34 (the “Bank”) and James T. Crotty (“Executive”). Any reference to the “Company” shall mean Bancorp 34, Inc., the stock holding company of the Bank.

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EMPLOYMENT AGREEMENT
Employment Agreement • August 4th, 2020 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona

This Employment Agreement (the “Agreement”) is entered into as of the 30th day of July, 2020, and made effective as of July 20, 2020 (the “Effective Date”), by and between Bancorp 34, Inc. (the “Company”) and James T. Crotty (“Executive”). Any reference to the “Bank” shall mean Bank 34, the wholly-owned subsidiary of the Company.

BANK 34 DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • August 4th, 2020 • Bancorp 34, Inc. • Savings institution, federally chartered • New Mexico

This DEFERRED COMPENSATION AGREEMENT (this “Agreement”) is entered into this 30th day of July, 2020, and effective as of July 20, 2020 (the “Effective Date”), by and between BANK 34, a federally-chartered savings and loan located in Alamogordo, New Mexico (the “Bank”), and JAMES T. CROTTY (the “Executive”).

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