0000950137-06-007701 Sample Contracts

Federal Home Loan Banks P&I Funding and Contingency Plan Agreement
Federal Home Loan Banks P&i Funding and Contingency Plan Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • New York

This Federal Home Loan Banks P&I Funding and Contingency Plan Agreement (“Agreement”) is entered into as of this 20th day of July, 2006 (the “Effective Date”) by and among the Office of Finance (the “OF”) and each of the Federal Home Loan Banks (“Banks”). The OF and the Banks are sometimes referred to herein individually as a “party” and collectively as the “parties.” All references in this Agreement to any of the parties to this Agreement include such party or any successor entity.

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EMPLOYMENT AGREEMENT
Employment Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Richard Swanson (“Executive”) is effective as of June 1, 2006 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

RESIGNATION AND RELEASE AGREEMENT
Resignation and Release Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

This Resignation and Release Agreement (the “Agreement”) is entered into by and between the Federal Home Loan Bank Des Moines (the “Bank”) and Ronald Greeson (“Mr. Greeson”) to set forth the terms and conditions of Mr. Greeson’s employment separation from the Bank, and his resignation from his employment and position as an officer of the Bank.

CONSULTING AGREEMENT
Consulting Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

This Consulting Agreement is entered into by and between the Federal Home Loan Bank Des Moines (the “Bank”) and Neil Fruechte (“Fruechte”) to set forth the terms and conditions through which Fruechte will provide consulting services to the Bank.

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