Pfsb Bancorp Inc Sample Contracts

Pfsb Bancorp Inc – PRESS RELEASE (November 14th, 2002)

1 Exhibit 99.1 Press Release 2 PRESS RELEASE *FOR IMMEDIATE RELEASE* SHAREHOLDERS APPROVE MERGER OF FIRST FEDERAL BANCSHARES, INC. AND PFSB BANCORP, INC. Palmyra, Missouri, November 13, 2002 -- PFSB Bancorp, Inc. (OTCBB: PFSI), Palmyra, Missouri announced today that the its shareholders overwhelmingly approved the pending merger with First Federal Bancshares, Inc. (Nasdaq: FFBI), Colchester, Illinois at a meeting held today. The merger is expected to close November 22, 2002. For further information contact: Eldon R. Mette James J. Stebor President and Chief Executive Officer President and Chief Executive Officer PFSB Bancorp, Inc. First Federal Bancshares, Inc. (573) 769-2134 (309) 776-3225

Pfsb Bancorp Inc – PRESS RELEASE (June 6th, 2002)

1 Exhibit 99.1 PRESS RELEASE *FOR IMMEDIATE RELEASE* FIRST FEDERAL BANCSHARES, INC. AND PFSB BANCORP, INC. ANNOUNCE MERGER Colchester, Illinois and Palmyra, Missouri, June 4, 2002 -- First Federal Bancshares, Inc. (Nasdaq: FFBI), Colchester, Illinois, and PFSB Bancorp, Inc. (OTCBB: PFSI), Palmyra, Missouri, jointly announced today that they have signed a definitive merger agreement under which PFSB Bancorp will merge into First Federal Bancshares in a transaction valued at approximately $9.2 million. The transaction will increase First Federal Bancshares' assets from $242.9 million as of March 31, 2002 to approximately $310 million and increase its number of banking offices from six to nine. Under the terms of the transaction, as described in more detail below, shareholders of PFSB Bancorp will be entitled to receive either $21.00 in cash, shares of First F

Pfsb Bancorp Inc – AGREEMENT AND PLAN OF MERGER (June 6th, 2002)

1 Exhibit 2.1 ================================================================================ AGREEMENT AND PLAN OF MERGER DATED AS OF JUNE 4, 2002 BY AND BETWEEN FIRST FEDERAL BANCSHARES, INC. AND PFSB BANCORP, INC. ================================================================================ 2 TABLE OF CONTENTS Page No. Introductory Statement.......................................................1 ARTICLE I - DEFINITIONS......................................................1 ARTICLE II - THE MERGER......................................................8 2.1 The Merger................

Pfsb Bancorp Inc – COMPANY PRESS RELEASE (November 13th, 2001)

1 EXHIBIT 99.1 PRESS RELEASE 2 COMPANY PRESS RELEASE PFSB BANCORP, INC. ANNOUNCES DATE OF ANNUAL MEETING Palmyra, Missouri -- November 13, 2001. PFSB Bancorp, Inc. (OTCBB - PFSI), announced today that the corporation's annual meeting of stockholders will be held on January 24, 2002. PFSB Bancorp, Inc. is the holding company for Palmyra Savings, headquartered in Palmyra, Missouri. -------------------------------------------------------------------------------- CONTACT: PFSB Bancorp, Inc. Eldon R. Mette, President/CEO (573) 769-2134

Pfsb Bancorp Inc – PRESS RELEASE (November 8th, 2000)

1 EXHIBIT 99.1 PRESS RELEASE 2 PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: Eldon R. Mette President and Chief Executive Officer PFSB Bancorp, Inc. (573) 769-2134 PFSB BANCORP, INC. ANNOUNCES DATE OF ANNUAL MEETING Palmyra, Missouri -- November 8, 2001. PFSB Bancorp, Inc. (OTCBB - PFSI), announced today that the corporation's annual meeting of stockholders will be held on January 25, 2001. PFSB Bancorp, Inc. is the holding company for Palmyra Savings headquartered in Palmyra, Missouri.

Pfsb Bancorp Inc – PFSB BANCORP, INC. 2000 STOCK-BASED INCENTIVE PLAN (April 18th, 2000)

1 EXHIBIT 4 PFSB BANCORP, INC. 2000 STOCK-BASED INCENTIVE PLAN 2 PFSB BANCORP, INC. 2000 STOCK-BASED INCENTIVE PLAN 1. DEFINITIONS. ----------- (a) "Affiliate" means any "parent corporation" or "subsidiary corporation" of the Holding Company, as such terms are defined in Sections 424(e) and 424(f) of the Code. (b) "Award" means, individually or collectively, a grant under the Plan of Non-Statutory Stock Options, Incentive Stock Options and Stock Awards. (c) "Award Agreement" means an agreement evidencing and setting forth the terms of an Award. (d) "Bank" means Palmyra Savings. (e) "Board of Directors" means the board of directors of the Holding Company. (f) "Change in Control" of the Holding Company or the Bank means: (i) an event of a nature that would be required to be reported in response to I

Pfsb Bancorp Inc – PRESS RELEASE (November 15th, 1999)

1 EXHIBIT 99.1 PRESS RELEASE 2 PRESS RELEASE FOR IMMEDIATE RELEASE CONTACT: ELDON R. METTE President and Chief Executive Officer Tel: (573) 769-2134 PFSB BANCORP, INC. ------------------ ANNOUNCES DATE OF ANNUAL MEETING -------------------------------- Palmyra, Missouri -- November 12, 1999. PFSB Bancorp, Inc. (OTCBB:PFSI), the holding company for Palmyra Savings, announced today that the Corporation's annual meeting of shareholders will be held on Thursday, January 27, 2000 at Palmyra Savings' main office at 123 West Lafayette Street, Palmyra, Missouri, at 2:00 p.m. local time. Stockholders of record as of the close of business on December 1, 1999 will be entitled to notice of and to vote at the annual meeting.

Pfsb Bancorp Inc – EMPLOYMENT AGREEMENT (May 17th, 1999)

EXHIBIT 10.2 EMPLOYMENT AGREEMENT THIS AGREEMENT is made effective as of March 31, 1999, by and between PALMYRA SAVINGS (the "BANK"), PFSB BANCORP, INC., (the "COMPANY"), a Missouri corporation; and RONALD L. NELSON ("EXECUTIVE"). WHEREAS, EXECUTIVE serves in a position of substantial responsibility; WHEREAS, the BANK wishes to assure itself of the services of EXECUTIVE for the period provided in this Agreement; and WHEREAS, EXECUTIVE is willing to serve in the employ of the BANK on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: 1. POSITION AND RESPONSIBILITIES. During the period of his employment hereunder, EXECUTIVE agrees to serve as Vice President, Treasure

Pfsb Bancorp Inc – EMPLOYMENT AGREEMENT (May 17th, 1999)

EXHIBIT 10.1 EMPLOYMENT AGREEMENT THIS AGREEMENT is made effective as of March 31, 1999, by and between PALMYRA SAVINGS (the "BANK"), PFSB BANCORP, INC., (the "COMPANY"), a Missouri corporation; and ELDON R. METTE ("EXECUTIVE"). WHEREAS, EXECUTIVE serves in a position of substantial responsibility; WHEREAS, the BANK wishes to assure itself of the services of EXECUTIVE for the period provided in this Agreement; and WHEREAS, EXECUTIVE is willing to serve in the employ of the BANK on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: 1. POSITION AND RESPONSIBILITIES. During the period of his employment hereunder, EXECUTIVE agrees to serve as President and Chief Execut

Pfsb Bancorp Inc – FORM OF EMPLOYMENT AGREEMENT (December 18th, 1998)

FORM OF EMPLOYMENT AGREEMENT FOR SENIOR OFFICERS THIS AGREEMENT is made effective as of ________________, 1999, by and between PALMYRA SAVINGS (the "BANK"), PFSB BANCORP, INC., (the "COMPANY"), a Missouri corporation; and _____________________ ("EXECUTIVE"). WHEREAS, EXECUTIVE serves in a position of substantial responsibility; WHEREAS, the BANK wishes to assure itself of the services of EXECUTIVE for the period provided in this Agreement; and WHEREAS, EXECUTIVE is willing to serve in the employ of the BANK on a full- time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: 1. POSITION AND RESPONSIBILITIES. During the period of his employment hereunder, EXECUTIVE agrees to serve as President of the Bank. EXECUTIVE also agrees to serve, if elected,

Pfsb Bancorp Inc – EMPLOYEE SEVERANCE COMPENSATION PLAN (December 18th, 1998)

EXHIBIT 10.4 PALMYRA SAVINGS EMPLOYEE SEVERANCE COMPENSATION PLAN PLAN PURPOSE The purpose of this Palmyra Savings Employee Severance Compensation Plan is to assure the services of employees of the Bank in the event of a Change in Control. The benefits contemplated by the Plan recognize the value to the Bank of the services and contributions of the employees of the Bank and the effect upon the Bank resulting from the uncertainties of continued employment, reduced employee benefits, management changes and relocations that may arise in the event of a Change in Control. The Board believes that the Plan will also aid the Bank in attracting and retaining the highly qualified individuals who are essential to its success and that the Plan's assurance of fair treatment of the Bank's emp