Independent Conversion Appraisal Agreement Sample Contracts

RP® FINANCIAL, LC. Advisory | Planning | Valuation
Independent Conversion Appraisal Agreement • October 25th, 2012 • Westbury Bancorp, Inc.

This letter sets forth the agreement between Westbury Bank, West Bend, Wisconsin (the “Bank”), the wholly-owned subsidiary of WBSB Bancorp, Inc. (the “Company”), which in turn is the wholly-owned subsidiary of WBSB Bancorp, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with the mutual-to-stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below. These services will be conducted by our senior consulting staff and will be directed by the undersigned.

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December 18, 2020
Independent Conversion Appraisal Agreement • March 11th, 2021 • 1895 Bancorp of Wisconsin, Inc. /MD/

This agreement is between PyraMax Bank, FSB (“PyraMax” or the “Bank”), which is the wholly-owned subsidiary of 1895 Bancorp Of Wisconsin, Inc., which is the majority-owned subsidiary of 1895 Bancorp Of Wisconsin, MHC (hereinafter together referred to as “the Company”) on one hand, and Faust Financial, LLC. (“Faust Financial”) on the other hand. Pursuant to this agreement and as further described herein, Faust Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The nature, timing and fee structure of Faust Financial’s services in this regard are described more fully below:

RP® FINANCIAL, LC. Advisory | Planning | Valuation
Independent Conversion Appraisal Agreement • September 12th, 2013 • Coastway Bancorp, Inc.

This letter sets forth the agreement between Coastway Community Bank, Cranston, Rhode Island (the “Bank”), the wholly-owned subsidiary of Coastway Bancorp, LLC (the “Company”), which in turn is the wholly-owned subsidiary of Coastway Bancorp, MHC (the “MHC”), and RP® Financial, LC. (“RP Financial”), whereby RP Financial will provide the independent conversion appraisal services in conjunction with a mutual-to-stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below. These services will be conducted by our senior consulting staff and will be directed by the undersigned.

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