TELECOPIER NUMBER WASHINGTON, D.C. 20007 WRITER’S DIRECT DIAL #Legal Opinion • June 6th, 2007 • First Financial Northwest, Inc.
Board of Directors First Financial Holdings, MHC First Financial of Renton, Inc. First Savings Bank of Renton 201 Wells Avenue South Renton, Washington 98057-2131
EMPLOYMENT AGREEMENTEmployment Agreement • June 6th, 2007 • First Financial Northwest, Inc. • Washington
THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this _____ day of __________ 2007 by and between First Financial Northwest, Inc. (the “Company”), and its wholly owned subsidiary, First Savings Bank Northwest (the “Savings Bank”), and Victor Karpiak (the “Employee”).
REVISED EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN PARTICIPATION AGREEMENTExecutive Supplemental Retirement Plan Participation Agreement • June 6th, 2007 • First Financial Northwest, Inc.
This Agreement is made and entered into as of the 18th day of December, 1991 by and between FIRST FEDERAL SAVINGS OF RENTON (hereinafter referred to as “the Bank”) and ___________________ (hereinafter referred to as “the Participant”), pursuant to the Executive Supplemental Retirement Income Plan. This agreement modifies all other Executive Supplemental Retirement Plan Participant Agreements between the Bank and the Participant.
PRINCIPAL FINANCIAL GROUP PROTOTYPE FOR SAVINGS PLANS THIS IS A 401(k) PROFIT SHARING PLAN. ADOPTION AGREEMENT NONSTANDARD IRS SERIAL NO. K305394b ADOPTION AGREEMENT PLAN NO. 001 TO BE USED WITH BASIC PLAN NO. 02 APPROVED: JULY 22, 2003 103401(k) Profit Sharing Plan Adoption Agreement • June 6th, 2007 • First Financial Northwest, Inc.
The provisions of this Plan apply as of the Effective Date or such later date as may be specified in Item A of the Adoption Agreement, except as provided in any attached addendums.
CHANGE IN CONTROL SEVERANCE AGREEMENTChange in Control Severance Agreement • June 6th, 2007 • First Financial Northwest, Inc. • Washington
THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (the “Agreement”) is made and entered into as of this ____ day of ________________, 2007 (the “Commencement Date”), by and between FIRST SAVINGS BANK NORTHWEST (which, together with any successor thereto which executes and delivers the assumption agreement provided for in Section 5(a) hereof or which otherwise becomes bound by all of the terms and provisions of this Agreement by operation of law, is hereinafter referred to as the “Savings Bank”), and _______________________ (the “Employee”).
RP® FINANCIAL, LC.Conversion Appraisal Services Agreement • June 6th, 2007 • First Financial Northwest, Inc.
This letter sets forth the agreement between First Savings Bank of Renton, Washington (the “Bank”), a wholly-owned subsidiary of First Financial Holdings, MHC, and RP® Financial, LC. (“RP Financial”) for conversion appraisal services in conjunction with the proposed stock offering (the “Stock Offering”) concurrent with the conversion of the Bank from a “no-stock” mutual holding company to a 100% publicly-held stock holding company. The specific appraisal services to be rendered by RP Financial are described below. These appraisal services will be rendered by a team of two to three consultants on staff and will be directed by the undersigned.
FELDMAN FINANCIAL ADVISORS, INC.Financial Advisory Agreement • June 6th, 2007 • First Financial Northwest, Inc.
This letter agreement (“Agreement”) describes the terms under which Feldman Financial Advisors, Inc. (“Feldman Financial”) will assist First Savings Bank of Renton (“First Savings Bank”) with the business plan (“Business Plan”) to be submitted to regulators in conjunction with First Savings Bank’s initial public offering. The services we will provide and our fees for this proposal are explained in this Agreement.
