0001188112-10-000537 Sample Contracts

DEFERRED INCOME AGREEMENT JOHN C. WILLIAMS CHAPIN STATE BANK CHAPIN, ILLINOIS JULY 1, 1982
Deferred Income Agreement • March 12th, 2010 • Jacksonville Bancorp, Inc. • Illinois

This Agreement is entered into this first day of July, 1982, between CHAPIN STATE BANK, P.O. Box 278, Chapin, Illinois 62628 (herein referred to as the “Bank”) and JOHN C. WILLIAMS, Ash Street, Chapin, Illinois 62628 (herein referred to as the “Director”).

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DeferComp Agreement Chapin State Bank Chapin, Illinois Dean H. Hess Jacksonville, Illinois
Deferred Compensation Agreement • March 12th, 2010 • Jacksonville Bancorp, Inc. • Illinois

AGREEMENT entered into as of the 3rd day of August, 1987, between the CHAPIN STATE BANK, a domestic corporation having its principal office if CHAPIN, ILLINOIS, (hereinafter referred to as the “Bank”) and DEAN H. HESS of JACKSONVILLE, ILLINOIS (hereinafter referred to as the “Director”).

DeferComp Agreement Chapin State Bank Chapin, Illinois John C. Williams Chapin, Illinois
Deferred Compensation Agreement • March 12th, 2010 • Jacksonville Bancorp, Inc. • Illinois

AGREEMENT entered into as of the 3rd day of August, 1987, between the CHAPIN STATE BANK, a domestic corporation having its principal office if CHAPIN, ILLINOIS, (hereinafter referred to as the “Bank”) and JOHN C. WILLIAMS of CHAPIN, ILLINOIS (hereinafter referred to as the “Director”).

November 23, 2009
Independent Conversion Appraisal Services Agreement • March 12th, 2010 • Jacksonville Bancorp, Inc.

This letter sets forth the agreement between Jacksonville Savings Bank (the “Company”), subsidiary of Jacksonville Bancorp, MHC, Jacksonville, Illinois (the “MHC”), and RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services pertaining to the mutual-to-stock conversion of the MHC. The specific appraisal services to be rendered by RP Financial are described below. These appraisal services will be rendered by a team of senior members of our firm and will be directed by the undersigned.

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