0001188112-10-001476 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • May 28th, 2010 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered • California

This Agreement (“Agreement”) is made effective as of the _______ day of _______________, 2010 (the “Effective Date”) , by and among KAISER FEDERAL BANK (the “Bank”), a federally chartered stock savings bank, with its principal administrative office at 1359 N. Grand Ave., Covina, California 91724 and NANCY J. HUBER (“Executive”). Any reference to the “Company” herein shall mean KAISER FEDERAL FINANCIAL GROUP, INC., the holding company of the Bank. The Company is a party to this Agreement for the sole purpose of guaranteeing the payments required hereunder, except as otherwise provided herein.

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FELDMAN FINANCIAL ADVISORS, INC. 1001 CONNECTICUT AVENUE, NW, SUITE 840 WASHINGTON, DC 20036 (202) 467-6862 • FAX (202) 467-6963
Letter Agreement • May 28th, 2010 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered
RP® FINANCIAL, LC. Serving the Financial Services Industry Since 1988
Appraisal Services Agreement • May 28th, 2010 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered

This letter sets forth the agreement between K-Fed Bancorp (the “Company”), the majority owned subsidiary of K-Fed, MHC, Covina, California (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion. Kaiser Federal Bank (the “Bank”) is wholly-owned by the Company. The specific appraisal services to be rendered by RP Financial are described below.

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