0001556727-19-000018 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 15th, 2019 • First Northwest Bancorp • Savings institutions, not federally chartered

This EMPLOYMENT AGREEMENT (this "Agreement") is entered into this 22nd day of February, 2019, by and between First Northwest Bancorp (the "Company") and its wholly owned subsidiary, First Federal Savings and Loan Association of Port Angeles ("First Federal"), and Laurence J. Hueth (the "Employee") and is effective as of February 22, 2019 (the "Effective Date").

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FIRST FEDERAL FISCAL 2018 CASH INCENTIVE PLAN
Participation Agreement • March 15th, 2019 • First Northwest Bancorp • Savings institutions, not federally chartered

This participation agreement (“Agreement”) is between First Federal Savings and Loan Association of Port Angeles (“First Federal”) and the above-named Participant, pursuant to the First Federal Fiscal 2018 Cash Incentive Plan (the “Plan”), which is incorporated herein by reference. This Agreement sets forth the annual incentive targets, applicable weightings between corporate and team performance, corporate performance goals, corporate performance weightings, applicable team performance measures, goals and weightings, to determine the Participant’s cash incentive award under the Plan for the 12-month period beginning January 1, 2018 and ending December 31, 2018 (the “2018 Plan Year”):

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