Esop Loan Agreement Sample Contracts

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EX-10.2 9 dex102.htm FORMS OF ESOP LOAN COMMITMENT LETTER AND LOAN DOCUMENTS FORM OF ESOP LOAN AGREEMENT
Esop Loan Agreement • May 5th, 2020 • Pennsylvania

THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2006, by and between the POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Polonia Bank Employee Stock Ownership Plan (“ESOP”); and POLONIA BANCORP (“Lender”), a corporation organized and existing under the laws of the United States of America.

ESOP LOAN AGREEMENT NO. 2
Esop Loan Agreement • May 6th, 2016 • Farmer Brothers Co • Miscellaneous food preparations & kindred products • California

This ESOP Loan Agreement No. 2 (the “Second Agreement”) dated as of July 21, 2003 is entered into by and between FARMER BROS. CO., a California corporation (“Lender”), and WELLS FARGO BANK, N.A., (the “Trustee”) as trustee for the FARMER BROS. CO. EMPLOYEE STOCK OWNERSHIP PLAN (the “Borrower” or the “ESOP”).

ESOP LOAN AGREEMENT by and between THE TRUSTEES OF THE ESPEY MFG. & ELECTRONICS CORP. EMPLOYEE RETIREMENT PLAN TRUST and ESPEY MFG. & ELECTRONICS CORP. Made and Entered Into as of December 1, 2020
Esop Loan Agreement • December 3rd, 2020 • Espey MFG & Electronics Corp • Electronic components, nec • New York

This ESOP LOAN AGREEMENT (“ESOP Loan Agreement”) is made and entered into as of the 1st day of December, 2020 by and between the ESPEY MFG. & ELECTRONICS CORP. EMPLOYEE RETIREMENT PLAN TRUST (“Borrower”), a trust forming part of the ESPEY MFG. & ELECTRONICS CORP. EMPLOYEE RETIREMENT PLAN (“ESOP”), acting through and by its Trustees, PEG MURPHY and HOWARD PINSLEY (collectively, the “Trustee”), acting solely as trustees with an address at 233 Ballston Avenue, Saratoga Springs, NY 12866; and ESPEY MFG. & ELECTRONICS CORP. (“Lender”), a corporation existing under the laws of the State of New York with its principal place of business at 233 Ballston Avenue, Saratoga Springs, NY 12866 (“Company”).

AMENDMENT NO. 1 TO ESOP LOAN AGREEMENT
Esop Loan Agreement • February 9th, 2011 • Farmer Brothers Co • Miscellaneous food preparations & kindred products

This Amendment No. 1 to ESOP Loan Agreement (“Amendment”) is made and entered into by and between Farmer Bros. Co., a California corporation, as Lender and Wells Fargo Bank, N.A. as trustee for the Farmer Bros. Co. Employee Stock Ownership Plan as the Borrower.

ESOP LOAN AGREEMENT
Esop Loan Agreement • April 5th, 2007 • Tribune Co • Newspapers: publishing or publishing & printing • Illinois

THIS ESOP LOAN AGREEMENT is dated as of April 1, 2007 by and between TRIBUNE COMPANY, a Delaware corporation (the “Company”), and GREATBANC TRUST COMPANY (“GreatBanc”), not in its individual or corporate capacity, but solely as trustee (the “Trustee”) of the Tribune Employee Stock Ownership Trust (the “Trust”) which implements and forms a part of the Tribune Employee Stock Ownership Plan (the “Plan”).

ESOP LOAN AGREEMENT
Esop Loan Agreement • September 12th, 2006 • Patterson Companies, Inc. • Wholesale-medical, dental & hospital equipment & supplies • Minnesota

THIS ESOP LOAN AGREEMENT (“Agreement”), is made and entered into as of this 11th day of September, 2006, by and between PATTERSON COMPANIES, INC. EMPLOYEE STOCK OWNERSHIP TRUST, a qualified tax-exempt retirement plan trust (the “Trust”), and PATTERSON COMPANIES, INC. (the “Company”).

EX-10.12 7 a2231455zex-10_12.htm EX-10.12 ESOP LOAN AGREEMENT
Esop Loan Agreement • May 5th, 2020 • California

This Loan Agreement (the “Agreement”), dated December 19, 2016, is entered into by and between Broadway Financial Corporation, a Delaware corporation (“Lender”), and Nicholas L. Saakvitne (the “Trustee”) as trustee for the Broadway Federal Bank, f.s.b. Employee Stock Ownership Plan Trust (the “Borrower”).

AMENDMENT NO.1 TO ESOP LOAN AGREEMENT
Esop Loan Agreement • May 6th, 2016 • Farmer Brothers Co • Miscellaneous food preparations & kindred products

This Amendment No. 1 to ESOP Loan Agreement ("Amendment") is made and entered into by and between Farmer Bros. Co., a California corporation, as Lender and Wells Fargo Bank, N.A. as trustee for the Farmer Bros. Co. Employee Stock Ownership Plan as the Borrower.

FORM OF ESOP LOAN AGREEMENT MILLINGTON BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST
Esop Loan Agreement • March 6th, 2015 • MSB Financial Corp • New Jersey

This LOAN AGREEMENT dated , 2015, between the MILLINGTON BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (the “TRUST”) as represented by the ESOP TRUSTEES, herein referred to as the BORROWER, and MSB FINANCIAL CORP., a Maryland corporation, as the lender (the “LENDER”), hereby agree as follows:

TABLE OF CONTENTS ESOP LOAN AGREEMENT. . . . . . . . . . . . . . . . . . . . . . . . . . . . 1
Esop Loan Agreement • March 27th, 1998 • Schwab Charles Corp • Security brokers, dealers & flotation companies • California
ESOP LOAN AGREEMENT NO. 2
Esop Loan Agreement • February 9th, 2011 • Farmer Brothers Co • Miscellaneous food preparations & kindred products • California

This ESOP Loan Agreement No. 2 (the “Second Agreement”) dated as of July 21, 2003 is entered into by and between FARMER BROS. CO., a California corporation (“Lender”), and WELLS FARGO BANK, N.A., (the “Trustee”) as trustee for the FARMER BROS. CO. EMPLOYEE STOCK OWNERSHIP PLAN (the “Borrower” or the “ESOP”).

ESOP LOAN AGREEMENT Dated as of April 4, 2006 Between MUTUAL FEDERAL BANCORP, INC. EMPLOYEE STOCK OWNERSHIP TRUST and MUTUAL FEDERAL BANCORP, INC.
Esop Loan Agreement • May 8th, 2006 • Mutual Federal Bancorp, Inc. • Savings institution, federally chartered • Illinois

THIS ESOP LOAN AGREEMENT (the “Agreement”), dated as of April 4, 2006, is made and entered into by and between First Bankers Trust Services, Inc., an Illinois corporation, not in its individual or corporate capacity, but solely as a directed trustee (the “Trustee”) of the Mutual Federal Bancorp, Inc. Employee Stock Ownership Trust (the “Trust”), which implements and forms a part of the Mutual Federal Bancorp, Inc. Employee Stock Ownership Plan (the “Plan”), and Mutual Federal Bancorp, Inc., a Federal corporation (the “Company”).

ARTICLE III REPRESENTATIONS AND WARRANTIES OF THE TRUSTEE
Esop Loan Agreement • February 26th, 2002 • Covest Bancshares Inc • National commercial banks • Illinois
ESOP LOAN AGREEMENT
Esop Loan Agreement • April 3rd, 2006 • Telecomunicaciones De Puerto Rico Inc • Telephone communications (no radiotelephone) • New York

THIS ESOP LOAN AGREEMENT (the “Loan Agreement”), executed and delivered this 4th day of November 2005, by and between the TRUST OF THE EMPLOYEE STOCK OWNERSHIP PLAN OF TELECOMUNICACIONES DE PUERTO RICO, INC. (the “Borrower”), and Telecomunicaciones de Puerto Rico, Inc., a corporation organized and existing under the laws of Puerto Rico (the “Company”).

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