FORM OF] AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • September 13th, 2019 • FFBW, Inc. /MD/ • Wisconsin
This Amended and Restated Employment Agreement (this “Agreement”) is made effective as of ______ ___, ____ (the “Effective Date”), by and between First Federal Bank of Wisconsin, a federally chartered savings bank (the “Bank”) and Edward H. Schaefer (the “Executive”). The Bank and Executive are sometimes collectively referred to herein as the “parties.”
KELLER & COMPANY, INC.Second Stage Conversion Appraisal Agreement • September 13th, 2019 • FFBW, Inc. /MD/
Keller & Company, Inc. (hereinafter referred to as KELLER) hereby proposes to prepare an independent conversion appraisal of the successor to FFBW, Inc. (hereinafter referred to as the "FFBW, Inc."), the mid-tier stock holding company of First Federal Bank of Wisconsin ("First Federal"), relating to the second stage conversion (the "Conversion") of FFBW, Inc. KELLER will provide a pro forma valuation of the market value of the shares of FFBW, Inc. to be sold in connection with a second stage conversion and the corresponding exchange ratio and prepare the pro forma valuation tables in the prospectus.
August 20, 2019 FFBW, Inc. Brookfield, WI 53005 Attention: Edward H. Schaefer President & Chief Executive Officer Ladies and Gentlemen:Financial Advisory Agreement • September 13th, 2019 • FFBW, Inc. /MD/ • Georgia
The purpose of this letter agreement (the “Agreement”) is to confirm the engagement of Janney Montgomery Scott, LLC (“Janney”) to act as the exclusive financial advisor to FFBW, MHC (“MHC”), FFBW, Inc. (“FFBW”) and First Federal Bank of Wisconsin (the “Bank”) in connection with the MHC’s reorganization from a mutual holding company form of organization to a stock holding company form of organization (the “Reorganization”). In order to effect the Reorganization, it is contemplated that all of FFBW’s common stock to be outstanding after giving effect to the Reorganization will be issued to a newly formed stock holding company (“NewCo” and, together with MHC, FFBW and the Bank, the “Company”) to be formed by FFBW, and that NewCo will offer and sell shares of its common stock first to eligible persons pursuant to a Plan of Conversion and Reorganization (the “Plan”) in a Subscription Offering (the “Subscription Offering”) and any remaining shares to the general public in a Direct Community
