Federal Home Loan Bank of Des Moines Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • August 3rd, 2020 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (the “Company”), and Kristina K. Williams (“Executive”), is effective as of January 20, 2020 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and Executive hereby agree as follows:

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JOINT CAPITAL ENHANCEMENT AGREEMENT
Joint Capital Enhancement Agreement • August 5th, 2011 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • New York

This Joint Capital Enhancement Agreement, as amended, was entered into by each of the undersigned Federal Home Loan Banks (each a “Federal Home Loan Bank” and collectively the “Federal Home Loan Banks”) as of the Effective Date, and has been amended as of the Amendment Effective Date.

EMPLOYMENT AGREEMENT
Employment Agreement • April 20th, 2009 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Edward McGreen (“Executive”), is effective as of April 17, 2009 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

EMPLOYMENT AGREEMENT
Employment Agreement • March 13th, 2013 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Daniel D. Clute (“Executive”), is effective as of January 1, 2013 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

UNITED STATES DEPARTMENT OF THE TREASURY LENDING AGREEMENT
Treasury Lending Agreement • September 9th, 2008 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • New York

Application Package means the Application Package, substantially in the form of Appendix I, which the Borrower submitted in connection with its agreement to this Agreement.

JOINT CAPITAL ENHANCEMENT AGREEMENT
Joint Capital Enhancement Agreement • March 1st, 2011 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • New York

This Joint Capital Enhancement Agreement (“this Agreement”) is entered into by each of the undersigned Federal Home Loan Banks (each a “Federal Home Loan Bank” and collectively the “Federal Home Loan Banks”) as of the Effective Date provided in this Agreement.

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 13th, 2013 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AMENDMENT TO EMPLOYMENT AGREEMENT , effective as of January 1, 2013 (the “Amendment Date”) by and between Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Richard S. Swanson (“Executive”).

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 21st, 2017 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Washington

THIS CHANGE IN CONTROL AGREEMENT (the “Amendment”) is made and entered into as of March 17, 2014, by and between the Federal Home Loan Bank of Seattle, a federally chartered corporation (“FHLBS”), and Glen Simecek (“Executive”).

MPF® CONSOLIDATED INTERBANK AGREEMENT
Consolidated Interbank Agreement • November 10th, 2016 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies
Federal Home Loan Banks P&I Funding and Contingency Plan Agreement
Funding and Contingency Plan Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • New York

This Federal Home Loan Banks P&I Funding and Contingency Plan Agreement (“Agreement”) is entered into as of this 20th day of July, 2006 (the “Effective Date”) by and among the Office of Finance (the “OF”) and each of the Federal Home Loan Banks (“Banks”). The OF and the Banks are sometimes referred to herein individually as a “party” and collectively as the “parties.” All references in this Agreement to any of the parties to this Agreement include such party or any successor entity.

Joint Capital Enhancement Agreement Questions and Answers March 1, 2011
Capital Enhancement Agreement • March 1st, 2011 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

A 1: The Joint Capital Enhancement Agreement among the 12 Federal Home Loan Banks (“FHLBanks”) is intended to provide a Systemwide framework for the use of that portion of the FHLBanks' earnings historically paid to satisfy their Resolution Funding Corporation (“REFCORP”) obligations to enhance the capital position of each individual FHLBank and the FHLBank System. The FHLBanks' REFCORP obligations are expected to be fully satisfied during the 2011 calendar year.

EMPLOYMENT AGREEMENT
Employment Agreement • May 11th, 2007 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Nicholas J. Spaeth (“Executive”) is effective as of May 1, 2007 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

MANAGEMENT AGREEMENT
Management Agreement • August 10th, 2007 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Edward McGreen (“Executive”) is effective as of July 10, 2007 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

FEDERAL HOME LOAN BANK OF DES MOINES INDEMNIFICATION AGREEMENT
Indemnification Agreement • June 1st, 2015 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

This Indemnification Agreement (this “Agreement”), dated as of June 1, 2015, is entered into by and between Federal Home Loan Bank of Des Moines, (the “Bank”), a federal home loan bank organized under the Federal Home Loan Bank Act, as amended (the “Act”), and ________________ (“lndemnitee”), a director of the Bank.

RESIGNATION AND RELEASE AGREEMENT
Resignation and Release Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines • Iowa

This Resignation and Release Agreement (the “Agreement”) is entered into by and between the Federal Home Loan Bank of Des Moines (the “Bank”) and Amy Angle (“Ms. Angle”) to set forth the terms and conditions of Ms. Angle’s employment separation from the Bank, and her resignation from her employment and position as an officer of the Bank.

AMENDMENT TO LEASE AGREEMENT
Lease Agreement • March 30th, 2007 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS AMENDMENT TO LEASE AGREEMENT is made as of the 27th day of November, 2006 by and between Wells Fargo Financial, Inc., (“Lessor”) and Federal Home Loan Bank of Des Moines, (“Lessee”).

FEDERAL HOME LOAN BANK OF DES MOINES INDEMNIFICATION AGREEMENT
Indemnification Agreement • March 9th, 2022 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

This Indemnification Agreement (this “Agreement”), dated as of ____________, is entered into by and between Federal Home Loan Bank of Des Moines, (the “Bank”), a federal home loan bank organized under the Federal Home Loan Bank Act, as amended (the “Act”), and ___________________(“lndemnitee”), a director of the Bank.

EMPLOYMENT AGREEMENT
Employment Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines • Iowa

This Employment Agreement (the “Agreement”) is entered into as of January 12, 2006, between the Federal Home Loan Bank of Des Moines (the “Bank”) and Neil Fruechte (“Executive”).

RESIGNATION AND RELEASE AGREEMENT
Resignation and Release Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

This Resignation and Release Agreement (the “Agreement”) is entered into by and between the Federal Home Loan Bank Des Moines (the “Bank”) and Ronald Greeson (“Mr. Greeson”) to set forth the terms and conditions of Mr. Greeson’s employment separation from the Bank, and his resignation from his employment and position as an officer of the Bank.

LEASE AGREEMENT
Lease Agreement • March 30th, 2007 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa
FIRST AMENDMENT TO CONSULTING AGREEMENT
Consulting Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines

This First Amendment to Consulting Agreement (“Amendment”) is entered into as of the date set forth below by and between the Federal Home Loan Bank of Des Moines (the “Bank”) and Dan Williams (“Williams”) and amends that certain Consulting Agreement (“Agreement”) between the Bank and Williams dated as of January 12, 2006.

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines

This First Amendment to Employment Agreement (“Amendment”) is entered into as of the date set forth below by and between the Federal Home Loan Bank of Des Moines (the “Bank”) and Neil Fruechte (“Executive”) and amends that certain Employment Agreement (“Agreement”) between the Bank and Fruechte entered into as of January 12, 2006.

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THIRD AMENDMENT TO CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 21st, 2017 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS THIRD AMENDMENT TO CHANGE IN CONTROL AGREEMENT (the “Amendment”) is made and entered into as of April 27, 2016, by and between the Federal Home Loan Bank of Des Moines (“FHLBDM”), a federally chartered corporation and successor to Federal Home Loan Bank of Seattle (“FHLBS”), and Glen Simecek (“Executive”).

RESIGNATION AND RELEASE AGREEMENT
Resignation and Release Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines • Iowa

This Resignation and Release Agreement (the “Agreement”) is entered into by and between the Federal Home Loan Bank Des Moines (the “Bank”) and Jamie Bishop (“Mr. Bishop”) to set forth the terms and conditions of Mr. Bishop’s employment separation from the Bank, and his resignation from his employment and position as an officer of the Bank.

AGREEMENT AND PLAN OF MERGER dated as of September 25, 2014 between THE FEDERAL HOME LOAN BANK OF DES MOINES and THE FEDERAL HOME LOAN BANK OF SEATTLE
Agreement and Plan of Merger • September 25th, 2014 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Delaware

THIS AGREEMENT AND PLAN OF MERGER, dated as of September 25, 2014 (this “Agreement”), is entered into between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“FHLB Des Moines”), and the Federal Home Loan Bank of Seattle, a federally chartered corporation (“FHLB Seattle”). FHLB Des Moines and FHLB Seattle are sometimes referred to herein collectively as the “Parties” and individually as a “Party.”

EMPLOYMENT AGREEMENT
Employment Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines • Iowa

This Employment Agreement (the “Agreement”) is entered into as of February 10, 2006, between the Federal Home Loan Bank of Des Moines (the “Bank”) and James E. Huston (“Executive”).

AMENDMENT TO CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 21st, 2017 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS AMENDMENT TO CHANGE IN CONTROL AGREEMENT (the “Amendment”) is made and entered into as of May 14, 2015, by and between the Federal Home Loan Bank of Seattle, a federally chartered corporation (“FHLBS”), and Glen Simecek (“Executive”).

August 5, 2011 FHLBanks’ Joint Capital Enhancement Agreement and Amendments to the Bank’s Capital Plan Dear Member:
Federal Home Loan Bank of Des Moines • August 5th, 2011 • Federal & federally-sponsored credit agencies

On February 28, 2011, the 12 Federal Home Loan Banks entered into a Joint Capital Enhancement Agreement (Agreement) intended to enhance the capital position of each FHLBank. I am pleased to announce that the FHLBanks have amended their capital plans to implement the provisions of the Agreement, and that the Federal Housing Finance Agency (FHFA) approved the capital plan amendments on August 5, 2011. The amended capital plans, including the Bank’s amended capital plan, will become effective on September 5, 2011.

DES MOINES AND SEATTLE FHLBANK MERGER AGREEMENT
Des Moines and Seattle Fhlbank Merger Agreement • October 2nd, 2014 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

This FAQ contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including those with regard to activities relating to and anticipated benefits of a potential merger between the Federal Home Loan Bank of Des Moines (Des Moines Bank) and the Federal Home Loan Bank of Seattle (Seattle Bank) (together the Banks). These statements may be identified by the use of forward-looking terminology, such as “believes,” “expects,” “anticipates,” “estimates,” “intends,” “plan,” “could,” “should,” “would,” “may,” and “will,” or their negatives, or other variations on these terms. Forward-looking statements are subject to known and unknown risks and uncertainties, some of which may be material. Actual actions, transactions, and performance, including those relating to the ability of the Banks to obtain FHFA and member approvals relating to the merger, the completion of the merger and the management, operation and products and services of a combine

EMPLOYMENT AGREEMENT
Employment Agreement • June 15th, 2021 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Duane Creel (“Executive”), is effective as of June 21, 2021 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

SECOND AMENDMENT TO CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 21st, 2017 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies

THIS SECOND AMENDMENT TO CHANGE IN CONTROL AGREEMENT (the “Amendment”) is made and entered into as of September 30, 2015, by and between the Federal Home Loan Bank of Des Moines (“FHLBDM”), a federally chartered corporation and successor to Federal Home Loan Bank of Seattle (“FHLBS”), and Glen Simecek (“Executive”).

CONSULTING AGREEMENT
Consulting Agreement • July 10th, 2006 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

This Consulting Agreement is entered into by and between the Federal Home Loan Bank Des Moines (the “Bank”) and Neil Fruechte (“Fruechte”) to set forth the terms and conditions through which Fruechte will provide consulting services to the Bank.

PURCHASE AGREEMENT
Purchase Agreement • May 11th, 2017 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS PURCHASE AGREEMENT (this “Agreement”) is effective December 21, 2016 (the “Effective Date”) and between The Graham Group, Inc., an Iowa corporation (“Seller”), located at 505 5th Avenue, Suite 200, Des Moines, Iowa 50309, and Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Buyer”), located at 801 Walnut Street, Suite 200, Des Moines, Iowa. Seller and Buyer are each a “Party” and together, the “Parties.”

RETIREMENT, RESIGNATION AND RELEASE AGREEMENT
Retirement, Resignation and Release Agreement • May 12th, 2006 • Federal Home Loan Bank of Des Moines • Iowa

This Retirement, Resignation and Release Agreement (this “Agreement”) is entered into by and between the Federal Home Loan Bank Des Moines (the “Bank”) and Patrick J. Conway (“Mr. Conway”) to set forth the terms and conditions of Mr. Conway’s employment separation from the Bank, and his retirement and resignation from his employment and position as an officer of the Bank.

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