0001144204-14-023566 Sample Contracts

BANK’34 DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • April 18th, 2014 • Alamogordo Financial Corp • Savings institution, federally chartered • New Mexico

This DEFERRED COMPENSATION AGREEMENT (this “Agreement”) is entered into this 1st day of February, 2010, by and between BANK’34, a federally-chartered savings and loan located in Alamogordo, New Mexico (the “Bank”), and JILL GUTIERREZ (the “Executive”).

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BANK’34 SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • April 18th, 2014 • Alamogordo Financial Corp • Savings institution, federally chartered • New Mexico

This SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is entered into this 1st day of February, 2010, by and between BANK’34, a federally-charted savings and loan association located in Alamogordo, New Mexico (the “Bank”), and JILL GUTIERREZ (the “Executive”).

BANK’34 SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Split Dollar Life Insurance Agreement • April 18th, 2014 • Alamogordo Financial Corp • Savings institution, federally chartered • New Mexico

This SPLIT DOLLAR LIFE INSURANCE AGREEMENT (the “Agreement”) is entered into this 1st day of February, 2010, by and between BANK’34, a federally-charted savings and loan association located in Alamogordo, New Mexico (the “Bank”), and (the “Director”).

BANK’34 DIRECTOR RETIREMENT AGREEMENT
Director Retirement Agreement • April 18th, 2014 • Alamogordo Financial Corp • Savings institution, federally chartered • New Mexico

This DIRECTOR RETIREMENT AGREEMENT (this “Agreement”) is entered into this 1st day of February, 2010, by and between BANK’34, a federally-chartered savings and loan located in Alamogordo, New Mexico (the “Bank”), and (the “Director”).

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