0000950123-10-103984 Sample Contracts

EMPLOYMENT AGREEMENT

Employment Agreement • November 10th, 2010 • Atlantic Coast Financial CORP • Savings institution, federally chartered • Florida

• Contract Type
  Employment Agreement
• Filed
  November 10th, 2010
• Company
  Atlantic Coast Financial CORP
• Industry
  Savings institution, federally chartered
• Jurisdiction
  Florida

This Employment Agreement (the “Agreement”) is made effective as of (the “Effective Date”), by and between Atlantic Coast Federal Corporation (the “Company” or “Employer”) and Jay Sidhu (the “Executive”). The Company owns 100% of the common stock of Atlantic Coast Bank (the “Bank”), and is the majority-owned subsidiary of Atlantic Coast Federal, MHC (the “MHC”).