Royal Financial, Inc. Sample Contracts

EXECUTIVE EMPLOYMENT AGREEMENT
Release and Severance Agreement • September 29th, 2008 • Royal Financial, Inc. • Savings institutions, not federally chartered • Illinois

THIS AGREEMENT, made and entered into as of January 3, 2008 (the “Effective Date”), by and among Royal Financial, Inc. (hereinafter referred to as “Royal Financial”), Royal Savings Bank (the “Bank” and together with Royal Financial, hereinafter the “Employer”), and Jodi A. Ojeda (hereinafter called the “Executive”).

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SEPARATION AGREEMENT AND RELEASE
Separation Agreement and Release • September 28th, 2007 • Royal Financial, Inc. • Savings institutions, not federally chartered

This Separation Agreement and Release (“Agreement”) is entered into this 26th day of September, 2007 between DONALD A. MOLL (“Employee”) on one hand, and ROYAL FINANCIAL, INC. and ROYAL SAVINGS BANK (collectively, the “Company”) on the other hand. Employee and Company collectively are referred to herein as the “Parties.” This Agreement is made for good and valuable consideration, the receipt and sufficiency of which is acknowledged by the Parties.

AGREEMENT
Agreement • September 29th, 2008 • Royal Financial, Inc. • Savings institutions, not federally chartered • Illinois

THIS AGREEMENT is made and entered into as of this 1st day of March, 1995 between ROYAL SAVINGS BANK, an Illinois savings bank its successors and assigns (hereinafter referred to as the “Bank”) and BARBARA K. MINSTER (hereinafter referred to as “Minster”).

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