MUTUAL TERMINATION OF EMPLOYMENT AGREEMENTMutual Termination of Employment Agreement • June 19th, 2017 • Wolverine Bancorp, Inc. • Savings institutions, not federally chartered • Michigan
This Mutual Termination of Employment Agreement (“Agreement”) is entered into on this 13th day of June, 2017, and effective as of the Effective Time of the Merger (each as defined below) by and between: (i) Wolverine Bancorp, Inc., a Maryland corporation (“WBKC”), Wolverine Bank, a federally chartered savings bank and wholly-owned subsidiary of WBKC (“Wolverine Bank”), and (ii) Rick A. Rosinski, the current Chief Operating Officer of Wolverine Bank (the “Executive”) (hereinafter collectively referred to as the “Parties”).
