0001144204-15-045215 Sample Contracts

FIRST AMENDMENT TO BANK ‘34 DEFERRED COMPENSATION AGREEMENT
Deferred Compensation Agreement • July 30th, 2015 • Alamogordo Financial Corp • Savings institution, federally chartered

WHEREAS, the Bank and the Executive desire to amend the Agreement to (i) change the Plan Year and (ii) stop the Bank’s performance based awards but allow the Executive to defer bonus compensation in addition to Base Salary;

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