EMPLOYMENT AGREEMENTEmployment Agreement • July 11th, 2007 • LaPorte Bancorp, Inc. • Savings institution, federally chartered • Indiana
This Employment Agreement (this “Agreement”) is made effective as of ___________________ (the “Effective Date”), by and between The LaPorte Savings Bank, an Indiana chartered stock savings bank with its principal office in LaPorte, Indiana (the “Bank”) and Lee A. Brady (“Executive”). For purposes of this agreement, any reference to the “Company” shall mean LaPorte Bancorp, Inc., the stock holding company of the Bank. The Company is a signatory to this Agreement for the purpose of guaranteeing the Bank’s performance hereunder.
LAPORTE BANCORP, INC. (a federal corporation) 1,759,500 Shares (Subject to an Increase Up to 2,023,425 Shares) COMMON STOCK (Par Value $0.01 Per Share) Subscription Price $10.00 Per Share AGENCY AGREEMENTAgency Agreement • July 11th, 2007 • LaPorte Bancorp, Inc. • Savings institution, federally chartered • New York
