CHANGE OF CONTROL LETTER AGREEMENTChange of Control Letter Agreement • June 22nd, 2012 • Community Financial Shares Inc • Savings institution, federally chartered • Illinois
The Board of Directors of Community Bank-Wheaton/Glen Ellyn (the “Bank,” which reference shall include Community Financial Shares, Inc. (“CFS”), the holding company of the Bank, has determined that it is advisable and in the best interests of the Bank, CFS and its stockholders, to provide reasonable assurance to certain key employees that, upon a change of control of the Bank or of CFS, appropriate severance arrangements are in place in the event of the involuntary termination of your employment, other than for good cause as specified below.
CHANGE OF CONTROL LETTER AGREEMENTChange of Control Agreement • June 22nd, 2012 • Community Financial Shares Inc • Savings institution, federally chartered • Illinois
The Board of Directors of Community Bank-Wheaton/Glen Ellyn (the “Bank,” which reference shall include Community Financial Shares, Inc. (“CFS”), the holding company of the Bank, has determined that it is advisable and in the best interests of the Bank, CFS and its stockholders, to provide reasonable assurance to certain key employees that, upon a change of control of the Bank or of CFS, appropriate severance arrangements are in place in the event of the involuntary termination of your employment, other than for good cause as specified below.
COMMUNITY BANK/WHEATON-GLEN ELLYN EXECUTIVE COMPENSATION SUPPLEMENTAL BENEFIT AGREEMENTExecutive Compensation Supplemental Benefit Agreement • June 22nd, 2012 • Community Financial Shares Inc • Savings institution, federally chartered
This Executive Compensation Supplemental Benefit Agreement (the “Agreement”) is made and entered into as of the 18th day of April 2007 and is by and between Community Bank/Wheaton-Glen Ellyn, an Illinois banking corporation (“Employer”) and Scott W. Hamer (“Executive”).
