EMPLOYMENT AGREEMENTEmployment Agreement • September 7th, 2018 • 1895 Bancorp of Wisconsin, Inc. • Wisconsin
This Employment Agreement (this “Agreement”) is made effective as of , 2018 (the “Effective Date”), by and between PyraMax Bank, FSB, a federally chartered savings bank (the “Bank”) and Richard Hurd (the “Executive”). The Bank and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean 1895 Bancorp of Wisconsin, Inc., the federal mid-tier holding company of the Bank. The Company is a signatory to this Agreement for the purpose of guaranteeing the Bank’s performance hereunder.
KELLER & COMPANY, INC. FINANCIAL INSTITUTION CONSULTANTS1895 Bancorp of Wisconsin, Inc. • September 7th, 2018
Keller & Company, Inc. (hereinafter referred to as KELLER) hereby proposes to prepare an independent conversion appraisal of PyraMax Bank, FSB (hereinafter referred to as “PyraMax”), relating to the mutual to stock conversion of PyraMax and minority stock offering (“the “Stock Offering”) of PyraMax’s mid-tier holding company. KELLER will provide a pro forma valuation of the market value of the shares of PyraMax’s mid-tier holding company to be sold in connection with the minority stock offering.
EMPLOYMENT CONTRACT THIS EMPLOYMENT CONTRACT dated this 3rd day of January 2017 BETWEEN: PyraMax Bank, FSB (the “Employer”) -AND- Thomas Peterson (the “Employee”)Employment Contract • September 7th, 2018 • 1895 Bancorp of Wisconsin, Inc. • Wisconsin
IN CONSIDERATION OF the mutual benefits and obligations set forth in this Agreement, the receipt and sufficiency of which consideration is hereby acknowledged, the parties to this Agreement agree as follows:
NONQUALIFIED DEFERRED COMPENSATION PLAN ADOPTION AGREEMENTNonqualified Deferred Compensation Plan • September 7th, 2018 • 1895 Bancorp of Wisconsin, Inc.
The Plan Sponsor, by executing the Nonqualified Deferred Compensation Plan Adoption Agreement, hereby establishes or amends an unfunded Nonqualified Deferred Compensation Plan for a select group of management or highly compensated Eligible Individuals. Under the terms of the Plan, Eligible Individuals may elect to defer receipt of their Compensation to a later Taxable Year.
