0001104659-15-019232 Sample Contracts

August 11, 2014 Mr. Thomas E. Gdowski Equitable Financial Corp. Equitable Bank 113-115 North Locust Street Grand Island, NE 68801 Dear Mr. Gdowski:
Equitable Financial Corp. • March 12th, 2015 • Nebraska

This letter sets forth the agreement between Equitable Bank, Grand Island, Nebraska (the “Bank”), the wholly-owned subsidiary of Equitable Financial Corp. (the “Company”), which in turn is the majority-owned subsidiary of Equitable Financial MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second-step conversion transaction by the MHC. The scope, timing and fee structure for these appraisal services are described below.

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EQUITABLE FINANCIAL CORP. EMPLOYMENT AGREEMENT
Employment Agreement • March 12th, 2015 • Equitable Financial Corp. • Nebraska

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is entered into as of June 30, 2011, by and among EQUITABLE FINANCIAL CORP. (the “Corporation”) and THOMAS GDOWSKI (the “Executive”).

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