AMENDED AND RESTATED DIRECTOR DEFERRED COMPENSATION MASTER AGREEMENTDirector Deferred Compensation Master Agreement • November 26th, 2007 • River Valley Bancorp • Savings institution, federally chartered • Indiana
This Director Deferred Compensation Master Agreement (the “Agreement”), originally effective as of the 1st day of November, 1993, is hereby amended and restated effective January 1, 2005 and formalizes the understanding by and between RIVER VALLEY FINANCIAL BANK (formerly known as MADISON FIRST FEDERAL SAVINGS & LOAN ASSOCIATION) (the “Bank”), a federally chartered savings and loan, and certain eligible Directors, hereinafter referred to as “Director”, who shall be approved by the Bank to participate and who shall elect to become a party to this Amended and Restated Director Deferred Compensation Master Agreement by execution of a Director Deferred Compensation Joinder Agreement (“Joinder Agreement”) in a form provided by the Bank.
