EMPLOYMENT AGREEMENTEmployment Agreement • January 24th, 2005 • Guaranty Federal Bancshares Inc • State commercial banks • Missouri
This Employment Agreement ("Agreement") is effective as of March __9___, 2004, by and between Guaranty Bank (the "Bank") and Shaun Burke (the "Executive").
STOCK OPTION AGREEMENT FOR NON-QUALIFIED STOCK OPTION FOR OFFICERS AND EMPLOYEESNon-Qualified Stock Option • January 24th, 2005 • Guaranty Federal Bancshares Inc • State commercial banks • Missouri
A NON-QUALIFIED STOCK OPTION (the "Option") for a total of 25,000 shares (the "Shares") of common stock, par value $0.10 ("Common Stock"), of Guaranty Federal Bancshares, Inc. (the "Corporation"), which Option shall not be considered an incentive stock option within the meaning of Section 422 of the Internal Revenue Code of 1986, as amended, is hereby granted to Shaun Burke (the "Optionee") at the price and upon the terms and conditions set forth in this Stock Option Agreement (this "Agreement").
