0001437749-16-033237 Sample Contracts

AMENDMENT TO EMPLOYMENT AGREEMENT FOR ROBIN E. ROBESON
Employment Agreement • June 3rd, 2016 • Guaranty Federal Bancshares Inc • State commercial banks

THIS AMENDMENT (“Amendment”) to the Employment Agreement dated March 24, 2014, between Guaranty Federal Bancshares, Inc. (“Company”) and Robin E. Robeson (“Employee”) (the “Agreement”) is entered into as of the day and year set forth on the signature page to this Amendment.

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AMENDMENT TO EMPLOYMENT AGREEMENT FOR SHAUN BURKE
Employment Agreement • June 3rd, 2016 • Guaranty Federal Bancshares Inc • State commercial banks

THIS AMENDMENT (“Amendment”) to the Employment Agreement dated March 24, 2014, between Guaranty Federal Bancshares, Inc. (“Company”) and Shaun A. Burke (“Employee”) (the “Agreement”) is entered into as of the day and year set forth on the signature page to this Amendment.

AMENDMENT TO RESTRICTED STOCK AWARD AGREEMENTS
Restricted Stock Award Agreement • June 3rd, 2016 • Guaranty Federal Bancshares Inc • State commercial banks

This Amendment is entered into by and between Guaranty Federal Bancshares, Inc. (the “Company”) and H. Michael Mattson (“Participant”).

AMENDMENT TO EMPLOYMENT AGREEMENT FOR CARTER M. PETERS
Employment Agreement • June 3rd, 2016 • Guaranty Federal Bancshares Inc • State commercial banks

THIS AMENDMENT (“Amendment”) to the Employment Agreement dated March 24, 2014, between Guaranty Federal Bancshares, Inc. (“Company”) and Carter M. Peters (“Employee”) (the “Agreement”) is entered into as of the day and year set forth on the signature page to this Amendment.

AMENDMENT TO EMPLOYMENT AGREEMENT FOR SHERI D. BISER
Employment Agreement • June 3rd, 2016 • Guaranty Federal Bancshares Inc • State commercial banks

THIS AMENDMENT (“Amendment”) to the Employment Agreement dated March 24, 2014, between Guaranty Federal Bancshares, Inc. (“Company”) and Sheri D. Biser (“Employee”) (the “Agreement”) is entered into as of the day and year set forth on the signature page to this Amendment.

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