CONFIDENTIALFairmount Bancorp, Inc. • December 17th, 2009
Stifel, Nicolaus & Company, Incorporated (“Stifel Nicolaus”) is pleased to submit this letter agreement setting forth the terms of the proposed engagement of Stifel Nicolaus as data processing records management agent (the “Records Agent”) for Fairmount Bank (the “Bank”) in connection with the proposed mutual-to-stock conversion of the Bank and the concurrent sale of common stock of a new stock holding company (the “Stock Company”) to be formed in connection with the Conversion.
FAIRMOUNT BANCORP, INC. FAIRMOUNT BANK Change in Control Severance AgreementControl Severance Agreement • December 17th, 2009 • Fairmount Bancorp, Inc. • Maryland
THIS Change in Control Severance Agreement (the “Agreement”) is dated effective as of the (Enter Date)* (the “Effective Date”), by and between (Employee Name) (the “Employee”), Fairmount Bank (the “Bank”), and Fairmount Bancorp, Inc. (the “Holding Company”).
FAIRMOUNT BANCORP, INC. EMPLOYMENT AGREEMENTEmployment Agreement • December 17th, 2009 • Fairmount Bancorp, Inc. • Maryland
THIS AGREEMENT (the “Agreement”) is made and entered into this day of , 2010, by and between Fairmount Bancorp, Inc., a Maryland corporation (the “Company”), and Joseph M. Solomon (“Executive”).
FAIRMOUNT BANK EMPLOYMENT AGREEMENTEmployment Agreement • December 17th, 2009 • Fairmount Bancorp, Inc. • Maryland
THIS AGREEMENT (the “Agreement”) entered into this day of , 2010 by and between Fairmount Bank located at 8216 Philadelphia Road, Baltimore, Maryland 21237 (the “Bank”), and Joseph M. Solomon (“Executive”).
FAIRMOUNT FEDERAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • December 17th, 2009 • Fairmount Bancorp, Inc. • Maryland
THE AGREEMENT entered into as of the 31st day of March, 2008, by and between Fairmount Federal Savings Bank (the “Bank”), and Joseph M. Solomon (the “Employee”), effective as of the above date (the “Effective Date”).
FELDMAN FINANCIAL ADVISORS, INC.Fairmount Bancorp, Inc. • December 17th, 2009
This letter sets forth the agreement (“Agreement”) between Fairmount Bank (“Fairmount” or the “Bank”) and Feldman Financial Advisors, Inc. (“FFA”), whereby Fairmount has engaged FFA to provide an independent appraisal of the estimated aggregate pro forma market value (the “Valuation”) of the shares of common stock that are to be issued and sold by the Bank (or, if applicable, its newly formed holding company) in connection with the conversion (“Conversion”) of the Bank from the mutual to the stock form of organization.
RP® FINANCIAL, LC. Serving the Financial Services Industry Since 1988Fairmount Bancorp, Inc. • December 17th, 2009
This letter sets forth the agreement between Fairmount Bank, Baltimore, Maryland (the “Bank”), and RP® Financial, LC. (“RP Financial”), whereby the Bank has engaged RP Financial to prepare the regulatory business plan and financial projections to be adopted by the Bank’s Board of Directors in conjunction with the mutual-to-stock conversion transaction, whereby the Bank will become a wholly-owned subsidiary of the newly-formed stock holding company. These services are described in greater detail below.
