FORM OF] EMPLOYMENT AGREEMENTEmployment Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
This Employment Agreement (this “Agreement”) is made effective as of , 2010 (the “Effective Date”), by and between Oconee Federal Savings and Loan Association, a federally chartered savings and loan association (the “Association”) and T.R. Evatt (“Executive”). The Association and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Oconee Federal Financial Corp., the mid-tier holding company of the Association. The Company is a signatory to this Agreement for the purpose of guaranteeing the Association’s performance hereunder.
STATE OF SOUTH CAROLINA COUNTY OF OCONEE DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
THIS AGREEMENT made and entered into this 10th day of December, 1990, by and between OCONEE SAVINGS & LOAN ASSOCIATION (the “Association”) and CECIL T. SANDIFER, JR. (the “Director”),
August 19, 2010Appraisal Services Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • Oregon
This letter sets forth the agreement between Oconee Federal Savings and Loan Association, Seneca, South Carolina (the “Association”), and McAuliffe Financial, LLC. (“McAuliffe Financial”) for the independent appraisal services in connection with the stock to be issued concurrent with the mutual holding company reorganization and offering of stock. The specific appraisal services to be rendered by McAuliffe Financial are described below.
STATE OF SOUTH CAROLINA COUNTY OF OCONEE DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
THIS AGREEMENT made and entered into this 1st day of February, 1996 by and between OCONEE FEDERAL SAVINGS & LOAN ASSOCIATION (the “Association”) and W. MAURICE POORE (the “Director”).
STATE OF SOUTH CAROLINA COUNTY OF OCONEE NON-QUALIFIED SALARY CONTINUATION AGREEMENTNon-Qualified Salary Continuation Agreement • September 16th, 2010 • Oconee Federal Financial Corp. • South Carolina
THIS AGREEMENT made and entered into this 16th day of January. 1997 by and between OCONEE FEDERAL SAVINGS & LOAN ASSOCIATION as “Employer” and T. RHETT EVATT as “Employee”.
