HERITAGE BANK OF ST. TAMMANY EMPLOYMENT AGREEMENTEmployment Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc. • Louisiana
This Agreement (this “Agreement”) is made effective as of February 16, 2017 (the “Effective Date”), by and between Heritage Bank of St. Tammany (the “Bank”), a federally-chartered institution, and Lisa Hughes (“Executive”).
January 19, 2017 Heritage Bank of St. Tammany Covington, LA 70433Heritage NOLA Bancorp, Inc. • March 10th, 2017 • Georgia
The purpose of this letter agreement (the “Agreement”) is to confirm the engagement of FIG Partners, LLC (“FIG”) to act as the exclusive financial advisor to Heritage Bank of St. Tammany (“Heritage” or the “Bank”) in connection with the proposed mutual-to-stock conversion of the Bank (the “Conversion”) and the concurrent sale of common stock of a stock holding company (“NewCo” and together with Heritage, the “Company”) to be formed by Heritage. FIG understands that NewCo will offer and sell shares of its common stock first to eligible persons pursuant to a Plan of Conversion (the “Plan”) in a Subscription Offering (the “Subscription Offering”) and any remaining shares to the general public in a Direct Community Offering and/or Syndicated Community Offering (the “Community Offering” and, together with the Subscription Offering, the “Offering”). This letter sets forth the terms and conditions agreed to between the Company and FIG with respect to the Conversion, the Plan and the Offering.
RP® FINANCIAL, LC.Heritage NOLA Bancorp, Inc. • March 10th, 2017
This letter sets forth the agreement between Heritage Bank of St. Tammany, Covington, Louisiana (the “Bank”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent appraisal services in conjunction with the conversion stock offering concurrent with the reorganization and formation of a bank holding company (the “Company”). The scope, timing and fee structure for these appraisal services are described below.
DIRECTOR SUPPLEMENTAL RETIREMENT PLAN DIRECTOR AGREEMENTDirector Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc. • Louisiana
THIS AGREEMENT is made and entered into this 19th day of November, 1999, by and between St. Tammany Homestead Savings & Loan Association, a savings and loan association organized and existing under the laws of the State of Louisiana, (hereinafter referred to as the, “Bank”), and William D. Crumhorn, a member of the Board of Directors of the Bank (hereinafter referred to as the, “Director”).
EXECUTIVE SUPPLEMENTAL RETIREMENT PLAN EXECUTIVE AGREEMENTExecutive Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc. • Louisiana
THIS AGREEMENT is made and entered into this 19th day of November, 1999, by and between St. Tammany Homestead Savings & Loan Association, a savings and loan association organized and existing under the laws of the State of Louisiana (hereinafter referred to as the, “Bank”), and William David Crumhorn, an Executive of the Bank (hereinafter referred to as the, “Executive”).
FORM OF DIRECTOR SUPPLEMENTAL RETIREMENT PLAN DIRECTOR AGREEMENTDirector Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc. • Louisiana
THIS AGREEMENT is made and entered into this ___ day of _______, ____, by and between St. Tammany Homestead Savings & Loan Association, a savings and loan association organized and existing under the Jaws of the State of Louisiana, (hereinafter referred to as the, “Bank”), and ______ , a member of the Board of Directors of the Bank (hereinafter referred to as the, “Director”).
LIFE INSURANCE ENDORSEMENT METHOD SPLIT DOLLAR PLAN AGREEMENTEndorsement Method Split Dollar Plan Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc. • Louisiana
The respective rights and duties of the Bank and the Insured in the above-referenced policy shall be pursuant to the terms set forth below:
HERITAGE BANK OF ST. TAMMANY SALARY CONTINUATION AGREEMENTHeritage NOLA Bancorp, Inc. • March 10th, 2017
THIS SALARY CONTINUATION PLAN FOR WILLIAM DAVID CRUMHORN (the “Plan”) is effective as of January 1, 2017, and is entered into by Heritage Bank of St. Tammany (the “Bank”) and William David Crumhorn (“Executive”).
ST. TAMMANY HOMESTEAD SAVINGS AND LOAN ASSOCIATION ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENTEndorsement Split Dollar Life Insurance Agreement • March 10th, 2017 • Heritage NOLA Bancorp, Inc.
THIS ENDORSEMENT SPLIT DOLLAR LIFE INSURANCE AGREEMENT (hereinafter referred to as the “Agreement”) is made and entered into this ______ day of _________________, 20___, by and between ST. TAMMANY HOMESTEAD SAVINGS AND LOAN ASSOCIATION (hereinafter referred to as the “Bank”), a bank with its principal place of business located in Covington, Louisiana, and ______________________ (hereinafter referred to as the “Director”).
