EX-10.13
from 10-K
5 pages
Change in Control Severance Agreement This Change in Control Severance Agreement (“Agreement”) Entered Into This 1st Day of January, 2007 (“Effective Date”), by and Between Third Federal Bank (The “Bank”) and Elizabeth Kaspern (The “Employee”). Whereas, the Employee Is Currently Employed by the Bank as Senior Vice President and Is Experienced in All Phases of the Business of the Bank; and Whereas, the Parties Desire by This Writing to Set Forth the Rights and Responsibilities of the Bank and Employee if the Bank Should Undergo a Change in Control (As Defined Hereinafter in the Agreement) After the Effective Date. Now, Therefore, It Is Agreed as Follows
12/34/56
EX-10
from 10-Q
4 pages
Whereas, the Bank, Acting Through Its Board of Directors (“Board”), and Without Admitting or Denying That It Has Engaged in Unsafe and Unsound Acts and Practices Relating to Its It Activities, Has Determined to Cooperate With the Ots and to Evidence the Bank’s Intent to Operate in a Safe and Sound Manner by Creating, Implementing, and Updating the Third Federal It Remediation Project Plan (“Itrpp”). Now Therefore, in Consideration of the Above Premises and the Mutual Undertakings Set Forth Herein, the Parties Agree as Follows: 1. Compliance With Laws and Regulations the Bank, Its Directors, Officers, Employees, and Agents Shall Take All Steps Necessary (Including the Provision of Required Resources) to Ensure That the Bank Complies and Remains in Compliance at All Times With
12/34/56