0001571049-17-005960 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • June 14th, 2017 • Seneca Financial Corp. • New York

This Employment Agreement (the “Agreement”) is made and entered into, effective as of April 6, 2017 (the “Effective Date”), by and between Seneca Federal Savings and Loan Association (the “Bank”) and George J. Sageer (“Executive”). Any reference to the “Company” shall mean any newly-formed stock holding company of the Bank, or any successor thereto.

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EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENT
Executive Split Dollar Life Insurance Agreement • June 14th, 2017 • Seneca Financial Corp. • Georgia

THIS AGREEMENT, made and entered into this 18 day of May, 2016 by and among Seneca Savings (hereinafter referred to as the “Bank”), a Bank organized and existing under the laws of New York, and Joseph G. Vitale (hereinafter referred to as the “Executive”).

SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENT
Supplemental Executive Retirement Agreement • June 14th, 2017 • Seneca Financial Corp. • New York

THIS AGREEMENT, made and entered into this 20th day of June, 2016 (hereinafter the “Effective Date”), by Seneca Federal Savings and Loan Association, (hereinafter referred to as the “Bank”), a bank organized and existing under the laws of New York, and George Sageer (hereinafter referred to as the “Executive”).

RP® FINANCIAL, LC.
Engagement Agreement • June 14th, 2017 • Seneca Financial Corp.

This letter sets forth the agreement whereby Seneca Federal Savings and Loan Association, Baldwinsville, New York, (the “Association”), has engaged RP® Financial, LC. (“RP Financial”) for independent conversion appraisal services in conjunction with the minority stock offering by the Association. The specific appraisal services to be rendered, along with the timing and fee structure for these appraisal services are described below. These appraisal services will be directed by the undersigned, with the assistance of other Associates.

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