0001387131-14-004103 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • December 19th, 2014 • First Federal of Northern Michigan Bancorp, Inc. • National commercial banks • Michigan

This AGREEMENT is made effective as of January 1, 2015, by and between FIRST FEDERAL OF NORTHERN MICHIGAN, a federally chartered stock savings bank (the “Bank”), and Michael W. Mahler (“Executive”). Any reference to “Company” herein shall mean First Federal of Northern Michigan Bancorp, Inc., or any successor thereto.

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