0000950133-05-003879 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 22nd, 2005 • Anchor Bancorp Wisconsin Inc • Savings institutions, not federally chartered • Wisconsin

THIS EMPLOYMENT AGREEMENT is effective as of August 22, 2005 between AnchorBank, fsb (the “Bank”), a federally-chartered savings bank, its successors and assigns, and Mark D. Timmerman (the “Executive”).

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ANCHOR BANCORP WISCONSIN, INC. EMPLOYMENT AGREEMENT
Employment Agreement • August 22nd, 2005 • Anchor Bancorp Wisconsin Inc • Savings institutions, not federally chartered • Wisconsin

THIS EMPLOYMENT AGREEMENT is effective as of August 22, 2005 between Anchor BanCorp Wisconsin, Inc. (hereinafter referred to as the “Company”), having its principal offices located at 25 West Main Street, Madison, Wisconsin 53703, and Mark D. Timmerman (the “Executive”).

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • August 22nd, 2005 • Anchor Bancorp Wisconsin Inc • Savings institutions, not federally chartered

This Amendment is entered into effective as of August 22, 2005 in order to alter and amend the Employment Agreement of June 1, 1996 (the “Agreement”) as it continues in effect by and between Douglas J. Timmerman (the “Executive”), Anchor BanCorp Wisconsin, Inc. (the “Company”), and AnchorBank fsb, as successor to Anchor Bank SSB (the “Bank”).

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