EXHIBIT 10.1 EMPLOYMENT AGREEMENT THIS AGREEMENT is made effective as of July 6, 2004 (the "Effective Date"), by and between Flagstar Bank, FSB (the "Bank") and Joel Murray (the "Employee"). WHEREAS, the Bank wishes to assure retention of the services...Employment Agreement • August 2nd, 2005 • Flagstar Bancorp Inc • Savings institution, federally chartered • Michigan
