EMPLOYMENT AGREEMENTEmployment Agreement • December 12th, 2016 • PCSB Financial Corp • New York
This Employment Agreement (the “Agreement”) is made and entered into, effective as of the day of , 2016 (the “Effective Date”), by and among PCSB Bank, a stock savings bank having its principal place of business in Yorktown Heights, New York (the “Bank”), and Michael P. Goldrick, of , New York (the “Executive”). Any reference to the “Company” shall mean PCSB Financial Corporation, the parent corporation of the Bank.
EMPLOYMENT AGREEMENTEmployment Agreement • December 12th, 2016 • PCSB Financial Corp • New York
This Employment Agreement (the “Agreement”) is made and entered into, effective as of the day of , 2016 (the “Effective Date”), by and among PCSB Financial Corporation, a Maryland corporation having its principal place of business in Yorktown Heights, New York (the “Company”), and Michael P. Goldrick, of , New York (the “Executive”). Any reference to the “Bank” shall mean PCSB Bank, the wholly-owned subsidiary of the Company.
FORM OF ONE YEAR PAYMENT CHANGE IN CONTROL AGREEMENTChange in Control Agreement • December 12th, 2016 • PCSB Financial Corp • New York
This Change in Control Agreement (this “Agreement”) is made effective as of (the “Effective Date”), by and between PCSB Financial Corporation, a Maryland corporation (the “Company”) and (the “Executive”). Any reference to the “Bank” shall mean PCSB Bank, the wholly-owned subsidiary of the Company.
SUPPLEMENTAL RETIREMENT PLAN FOR SENIOR EXECUTIVES PCSB BANK Yorktown Heights, New York Effective January 1, 2017PCSB Financial Corp • December 12th, 2016 • New York
This Supplemental Retirement Plan for Senior Executives (the “Plan”) is effective January 1, 2017. This Plan formalizes the agreements by and between PCSB BANK (the “Bank”), a New York chartered savings bank, and certain key employees, hereinafter referred to as “Executive(s)”, who have been selected and approved by the Bank to participate in this Plan and who have evidenced their participation by execution of a Supplemental Retirement Plan Participation Agreement (“Participation Agreement”) in a form provided by the Bank. This Plan is intended to comply with Internal Revenue Code (“Code”) Section 409A and any regulatory or other guidance issued under such Section. Any reference herein to the “Company” shall mean any stock holding company established as the parent corporation to the Bank.
PUTNAM COUNTY SAVINGS BANK SUPPLEMENTAL LIFE INSURANCE AGREEMENTSupplemental Life Insurance Agreement • December 12th, 2016 • PCSB Financial Corp • New York
Putnam County Savings Bank (the “Bank”) and Joseph D. Roberto (the “Insured”) hereby establish this Putnam County Savings Bank Supplemental Life Insurance Agreement (the “Agreement”) effective as of March 1, 2013, with respect to certain life insurance policies (the “Policy” or “Policies”) issued by a duly licensed life insurance company (the “Insurer”) on the life of the Insured. A separate endorsement form (“Endorsement Form”) and benefit schedule (“Benefit Schedule”) shall be provided to Insured with respect to Insured’s death benefits under this Agreement.
September 20, 2016PCSB Financial Corp • December 12th, 2016
This letter sets forth the agreement between PCSB Bank, Yorktown Heights, New York (the “Bank”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent appraisal services in conjunction with the Bank’s proposed mutual-to-stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below.
