RP® FINANCIAL, LC. Advisory | Planning | ValuationCoastway Bancorp, Inc. • September 12th, 2013
This letter sets forth the agreement between Coastway Community Bank, Cranston, Rhode Island (the “Bank”), the wholly-owned subsidiary of Coastway Bancorp, LLC (the “Company”), which in turn is the wholly-owned subsidiary of Coastway Bancorp, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with a mutual-to-stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below. These services will be conducted by our senior consulting staff and will be directed by the undersigned.
EMPLOYMENT AGREEMENTEmployment Agreement • September 12th, 2013 • Coastway Bancorp, Inc.
This EMPLOYMENT AGREEMENT (hereinafter referred to as the “Agreement”) is entered into effective January 1, 2011 between Coastway Community Bank (hereinafter referred to as the “Bank”) and William A. White (hereinafter referred to as the “Executive”) (the Bank and the Executive being individually referred to herein as a “Party” and being collectively referred to herein as the “Parties”).
