FIRST FEDERAL BANCSHARES OF ARKANSAS, INC. COMMON STOCK PURCHASE WARRANTWarrant Agreement • May 3rd, 2011 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered • New York
THIS CERTIFIES THAT, for value received, Bear State Financial Holdings, LLC, an Arkansas limited liability company, or its registered assigns (“Holder”), is entitled to purchase, subject to the conditions set forth below, at any time or from time to time during the Exercise Period (as defined in Section 11 below), 2,000,000 shares (“Shares”) of fully paid and non assessable Common Stock, par value $0.01 per share (“Common Stock”), of First Federal Bancshares of Arkansas, Inc., a Texas corporation (the “Company”), at an exercise price of $3.00 per share (the “Warrant Price”), subject to the further provisions of this Warrant. This is the Warrant referred to in the Investment Agreement dated as of January 27, 2010 (the “Investment Agreement”), by and among the Company, First Federal Bank, a federally chartered stock savings and loan association and wholly-owned subsidiary of the Company, and the Holder. For the avoidance of doubt, the Warrant Price and the number of Shares represented by
TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT AND RELEASETermination of Amended and Restated Change in Control Severance Agreement and Release • May 3rd, 2011 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered
THIS TERMINATION OF AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT AND RELEASE (this “Agreement”) is entered into as of this day of , 2011 by and among First Federal Bancshares of Arkansas, Inc., a Texas corporation (the “Company”), First Federal Bank, a federally chartered savings bank (the “Bank”) and (the “Executive”). Capitalized terms used in this Agreement without definition will have the meaning assigned to such terms in that certain Investment Agreement dated as of January 27, 2011 by and among the Company, the Bank and Bear State Financial Holdings, LLC, an Arkansas limited liability company (the “Investment Agreement”).
TERMINATION OF AMENDED AND RESTATED EMPLOYMENT AGREEMENT AND RELEASETermination of Employment Agreement and Release • May 3rd, 2011 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered
THIS TERMINATION OF AMENDED AND RESTATED EMPLOYMENT AGREEMENT AND RELEASE (this “Agreement”) is entered into as of this day of , 2011 by and among First Federal Bancshares of Arkansas, Inc., a Texas corporation (the “Company”), First Federal Bank, a federally chartered savings bank (the “Bank”) and (the “Executive”). Capitalized terms used in this Agreement without definition will have the meaning assigned to such terms in that certain Investment Agreement dated as of January 27, 2011 by and among the Company, the Bank and Bear State Financial Holdings, LLC, an Arkansas limited liability company (the “Investment Agreement”).
