0001193125-11-269507 Sample Contracts

UNITED LABOR BANK, F.S.B. PERFORMANCE DRIVEN PLAN
Performance Driven Plan • October 12th, 2011 • First Ulb Corp. • California

THIS PERFORMANCE DRIVEN PLAN (this “Agreement”) is entered into this 15th day of December, 2009, by and between UNITED LABOR BANK, F.S.B., a savings association located in Oakland, California (the “Bank”), and CHERYL MADERAZO (the “Participant”).

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UNITED LABOR BANK, F.S.B. EXECUTIVE DEFERRED COMPENSATION PLAN
Executive Deferred Compensation Agreement • October 12th, 2011 • First Ulb Corp. • California

THIS EXECUTIVE DEFERRED COMPENSATION AGREEMENT is made this 24th day of May, 2005, by UNITED LABOR BANK, F.S.B., (the “Bank”), a nationally-chartered savings bank headquartered in Oakland, California and CHERYL W. MADERAZO (the “Executive”).

EXECUTIVE EMPLOYMENT AGREEMENT
Executive Employment Agreement • October 12th, 2011 • First Ulb Corp.

This Executive Employment Agreement (this “Agreement”) is made and entered into as of May 1, 2011 (“Effective Date”) by and between United Labor Bank, fsb (“Bank”) and Kelly Wong (“Executive”), with reference to the following:

EXECUTIVE TRANSITION AGREEMENT
Executive Transition Agreement • October 12th, 2011 • First Ulb Corp. • California

This Executive Transition Agreement (this “Agreement”) is made and entered into as of May 1, 2011 (“Effective Date”), by and between United Labor Bank, fsb (“Bank”), and Mukhtar Ali (“Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • October 12th, 2011 • First Ulb Corp.

This Employment Agreement (this “Agreement”) is made and entered into as of January 1, 2007 (“Effective Date”) by and between United Labor Bank, fsb (the “Bank”) and Malcolm F. Hotchkiss (the “Executive”), with reference to the following:

EXECUTIVE TRANSITION AGREEMENT
Executive Transition Agreement • October 12th, 2011 • First Ulb Corp. • California

This Executive Transition Agreement (this “Agreement”) is made and entered into as of January 1, 2007 (“Effective Date”), by and between United Labor Bank, fsb, with its main office located in Oakland, California (the “Bank”), and Malcolm F. Hotchkiss (the “Executive”).

DECLARATION OF TRUST
Declaration of Trust • October 12th, 2011 • First Ulb Corp.

This DECLARATION OF TRUST is made this 3 day of August, 2004 (this “Declaration of Trust”), by and among (i) First ULB Corp., a California corporation (the “Depositor”), (ii) Wilmington Trust Company, a Delaware banking corporation, as trustee (“the Trustee”), and (iii) Malcolm Hotchkiss, Cheryl Maderazo and James Wakeman, each an individual, as administrators (each an “Administrator” and collectively, the “Administrators”). The Depositor, the Trustee and the Administrators hereby agree as follows:

UNITED LABOR BANK, F.S.B. EXECUTIVE DEFERRED COMPENSATION PLAN
Executive Deferred Compensation Agreement • October 12th, 2011 • First Ulb Corp. • California

THIS EXECUTIVE DEFERRED COMPENSATION AGREEMENT is made this 17th day of May, 2005, by UNITED LABOR BANK, F.S.B., (the “Bank”), a nationally-chartered savings bank headquartered in Oakland, California and MALCOLM F. HOTCHKISS (the “Executive”).

FIRST ULB CORP. STOCK INCENTIVE PLAN STOCK AWARD AGREEMENT
Stock Award Agreement • October 12th, 2011 • First Ulb Corp. • California
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