AGREEMENT AND PLAN OF MERGER DATED AS OF SEPTEMBER 24, 2020 BY AND AMONG DOLLAR MUTUAL BANCORP, DOLLAR ACQUISITION SUB, INC., AND STANDARD AVB FINANCIAL CORP.Merger Agreement • September 25th, 2020 • Standard AVB Financial Corp. • State commercial banks • Maryland
This is an Agreement and Plan of Merger, dated as of September 24, 2020 (this “Agreement”), by and among Dollar Mutual Bancorp, a federally-chartered mutual holding company (“Parent”), Dollar Acquisition Sub, Inc., a Maryland corporation and wholly owned Subsidiary of Parent (“Merger Sub”) and Standard AVB Financial Corp., a Maryland corporation (the “Company”).
Re: Employment Offer LetterEmployment Offer Letter • September 25th, 2020 • Standard AVB Financial Corp. • State commercial banks
This offer letter (the “Offer Letter”) is effective as of, and contingent upon, the Closing of the transaction described in the Agreement and Plan of Merger among Dollar Mutual Bancorp, Dollar Acquisition Sub, Inc., and Standard AVB Financial Corp. (the “Merger Agreement”). We are pleased to continue your employment with Standard Bank, PaSB or its legal successor (the “Bank”) on the terms described in this Offer Letter, and look forward to continuing this mutually rewarding relationship.
