EMPLOYMENT AGREEMENTEmployment Agreement • March 12th, 2019 • Pioneer Bancorp, Inc./Md • New York
This Employment Agreement (the “Agreement”) is made and entered into, effective as of ______________ ___, 2019 (the “Effective Date”), by and between Pioneer Bank, a New York-chartered stock savings bank (the “Bank”) and Thomas L. Amell (“Executive”). Any reference to the “Company” shall mean Pioneer Bancorp, Inc., the newly-formed the stock holding company of the Bank, or any successor thereto.
TWO-YEAR CHANGE IN CONTROL AGREEMENTTwo-Year Change in Control Agreement • March 12th, 2019 • Pioneer Bancorp, Inc./Md • New York
This Change in Control Agreement (the “Agreement”) is made effective as of the ___ day of _____, 2019 (the “Effective Date”), by and between Pioneer Bank, a New York-chartered stock savings bank (the “Bank”) and ______________ (the “Executive”). Any reference to the “Company” shall mean Pioneer Bancorp, Inc., the newly-formed the stock holding company of the Bank, or any successor thereto.
April 26, 2018 Thomas L. Amell President and Chief Executive Officer Pioneer Savings Bank Albany, New York 12211 Dear Mr. Amell:Pioneer Bancorp, Inc./Md • March 12th, 2019 • Virginia
This letter sets forth the agreement whereby Pioneer Savings Bank, Albany, New York, (the “Company”), has engaged RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services in conjunction with the minority stock offering by the Company. The specific appraisal services to be rendered, along with the timing and fee structure for these appraisal services are described below.
