PERFORMANCE COMPENSATION PLAN OF CARVER BANCORP, INC. INCENTIVE AWARD AGREEMENTIncentive Award Agreement • July 18th, 2007 • Carver Bancorp Inc • Savings institution, federally chartered • New York
This Incentive Award Agreement (“Agreement”) is intended to set forth the terms and conditions on which a Incentive Award, consisting of certain cash payments, has been granted under the Performance Compensation Plan of Carver Bancorp, Inc. (“Plan”). Set forth below are the specific terms and conditions applicable to this Incentive Award. Attached as Exhibit A is a copy of the Plan.
