Anchor Bancorp Sample Contracts

ANCHOR BANCORP RESTRICTED STOCK AWARD AGREEMENT
Restricted Stock Award Agreement • December 8th, 2015 • Anchor Bancorp • Savings institutions, not federally chartered

This Restricted Stock Award (“Restricted Stock Award”) is granted by Anchor Bancorp (“Company”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Award Agreement (“Agreement”) and subject to the provisions of the Anchor Bancorp 2015 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. Capitalized terms included herein that are not defined in this Agreement shall have the meaning ascribed to them in the Plan.

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AMENDMENT NO. 1 TO AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • September 27th, 2017 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

This Amendment No. 1 (this "Amendment") to the Agreement and Plan of Merger dated as of April 11, 2017 (the "Agreement"), is made and entered into as of September 27, 2017, by and between Washington Federal, Inc., a Washington corporation ("Washington Federal"), and Anchor Bancorp, a Washington corporation ("Anchor", and together with Washington Federal, the "Parties" and each, a "Party").

ANCHOR BANCORP RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • December 8th, 2015 • Anchor Bancorp • Savings institutions, not federally chartered

This Award of restricted stock units (“RSUs”) is granted by Anchor Bancorp (“Company”) to [Name] (“Grantee”) in accordance with the terms of this Restricted Stock Unit Award Agreement (“Agreement”) and subject to the provisions of the Anchor Bancorp 2015 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. Capitalized terms included herein that are not defined in this Agreement shall have the meaning ascribed to them in the Plan.

STANDSTILL AGREEMENT
Standstill Agreement • December 10th, 2015 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

This Standstill Agreement (this “Agreement”) is made by and between Anchor Bancorp (“Anchor”), on the one hand, and Joel S. Lawson IV (“Lawson”) and Varonica S. Ragan (“Ragan”), on the other hand (Anchor, Lawson and Ragan are together collectively referred to as the “Parties”). This Agreement supplements the Annual Meeting Agreement entered into between Anchor and Lawson on October 21, 2015 in connection with Anchor’s 2015 Annual Meeting of Shareholders (the “Annual Meeting Agreement”). Capitalized terms used herein, but not otherwise defined, shall have the meaning ascribed to such terms in the Annual Meeting Agreement.

AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • April 13th, 2017 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

AGREEMENT AND PLAN OF MERGER, dated as of April 11, 2017 (this "Agreement"), by and between Washington Federal, Inc., a Washington corporation ("Washington Federal"), and Anchor Bancorp, a Washington corporation ("Anchor", and together with Washington Federal, the "Parties").

ANCHOR BANCORP NON-QUALIFIED STOCK OPTION AWARD AGREEMENT
Anchor Bancorp • December 8th, 2015 • Anchor Bancorp • Savings institutions, not federally chartered

This Non-Qualified Stock Option Award (“NQSO”) is granted by Anchor Bancorp (“Company”) to [Name] (“Option Holder”) in accordance with the terms of this Non-Qualified Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Anchor Bancorp 2015 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. Capitalized terms included herein that are not defined in this Agreement shall have the meaning ascribed to them in the Plan.

ANCHOR BANCORP _______ Shares (subject to increase to _______ shares) COMMON SHARES ($.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT
Agency Agreement • September 2nd, 2010 • Anchor Bancorp • Savings institutions, not federally chartered • New York

Anchor Bancorp, a Washington corporation (the “Company”) and Anchor Bank, a Washington-chartered mutual savings bank (the “Bank”), hereby confirm their agreement with Keefe, Bruyette & Woods, Inc. (“Keefe Bruyette” or the “Selling Agent”) to serve as agent of the Company to assist the Company in the sale of up to _______ (subject to increase up to _______ shares) of Common Stock (as defined below) of the Company (the “Shares”) in the Subscription and Community Offerings, as defined below, as follows:

SEVERANCE AGREEMENT AND RELEASE
Severance Agreement and Release • January 22nd, 2015 • Anchor Bancorp • Savings institutions, not federally chartered

This Severance Agreement and Release (“Agreement”) is executed by and between Anchor Bank, 100 W. First Street, Aberdeen, Washington and Gregory Schultz (hereinafter "Employee”) effective January 15, 2015.

AGREEMENT IN CONNECTION WITH ANCHOR BANCORP ANNUAL MEETING
Agreement • October 23rd, 2015 • Anchor Bancorp • Savings institutions, not federally chartered

This Agreement is made and entered into, as of October 21, 2015, in connection with the Anchor Bancorp 2015 Annual Meeting of Shareholders (“Annual Meeting”), by and between, Joel S. Lawson IV, an individual (“Mr. Lawson”), and Anchor Bancorp, a Washington corporation (“Anchor” or “the Company”). Mr. Lawson and Anchor are referred to collectively as the “parties”.

AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • July 18th, 2018 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

AGREEMENT AND PLAN OF MERGER, dated as of July 17, 2018 (this "Agreement"), by and between FS Bancorp, Inc., a Washington corporation ("FS Bancorp"), and Anchor Bancorp, a Washington corporation ("Anchor", and together with FS Bancorp, the "Parties").

MUTUAL TERMINATION AGREEMENT
Mutual Termination Agreement • July 18th, 2018 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

This Mutual Termination Agreement (the "Agreement") is entered into as of July 17, 2018 by and among Washington Federal, Inc. ("Washington Federal"), a Washington corporation, and Anchor Bancorp ("Anchor"), a Washington corporation.

STANDSTILL AGREEMENT
Standstill Agreement • September 1st, 2016 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

THIS STANDSTILL AGREEMENT (the “Agreement”), dated this 29th day of August 2016, is by and among Anchor Bancorp, a Washington corporation (the “Company”), and its wholly owned subsidiary, Anchor Bank, a Washington State chartered savings bank (the “Bank,” and collectively with the Company, “Anchor”), Stilwell Activist Fund, L.P., Stilwell Activist Investments, L.P., Stilwell Partners, L.P., each a Delaware limited partnership, Stilwell Value LLC, a Delaware limited liability company, and Joseph Stilwell, an individual (collectively, “The Stilwell Group,” and each individually, a “Stilwell Group Member”).

FORM OF CHANGE IN CONTROL SEVERANCE AGREEMENT
Control Severance Agreement • May 22nd, 2014 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (the “Agreement”) is made and entered into as of this ___th day of ___, 20___, by and between Anchor Bank (the “Bank”) and __________________ (the “Employee”).

FORM OF CHANGE IN CONTROL SEVERANCE AGREEMENT
Control Severance Agreement • October 24th, 2008 • Anchor Bancorp • Washington

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (the “Agreement”) is made and entered into as of this ____ day of ___________, 2008, (the “Commencement Date”), by and between ANCHOR BANK (which, together with any successor thereto which executes and delivers the assumption agreement provided for in Section 5(a) hereof or which otherwise becomes bound by all of the terms and provisions of this Agreement by operation of law, is hereinafter referred to as the “Bank”), and _______________ (the “Employee”).

ANCHOR BANCORP INCENTIVE STOCK OPTION AWARD AGREEMENT
Incentive Stock Option Award Agreement • December 8th, 2015 • Anchor Bancorp • Savings institutions, not federally chartered

This Incentive Stock Option Award (“ISO”) is granted by Anchor Bancorp (“Company”) to [Name] (“Option Holder”) in accordance with the terms of this Incentive Stock Option Award Agreement (“Agreement”) and subject to the provisions of the Anchor Bancorp 2015 Equity Incentive Plan, as amended from time to time (“Plan”). The Plan is incorporated herein by reference. Capitalized terms included herein that are not defined in this Agreement shall have the meaning ascribed to them in the Plan.

FORM OF EMPLOYMENT AGREEMENT
Form of Employment Agreement • May 22nd, 2014 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this ___th day of ___ 20___, by and between Anchor Bank (the “Bank”), and _______________ (the “Employee”).

AMENDMENT NO. 2 TO AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • April 2nd, 2018 • Anchor Bancorp • Savings institutions, not federally chartered • Washington

This Amendment No. 2 (this "Amendment No. 2") to the Agreement and Plan of Merger dated as of April 11, 2017 (the "Agreement"), is made and entered into as of April 2, 2018, by and between Washington Federal, Inc., a Washington corporation ("Washington Federal"), and Anchor Bancorp, a Washington corporation ("Anchor", and together with Washington Federal, the "Parties" and each, a "Party").

RP® FINANCIAL, LC. Celebrating 20 Years of Financial Advisory Services April 21, 2008
Anchor Bancorp • October 24th, 2008

This letter sets forth the agreement between Anchor Mutual Savings Bank, Aberdeen, Washington (the “Bank”), and RP® Financial, LC. (“RP Financial”), whereby the Bank has engaged RP Financial to prepare the regulatory business plan and financial projections to be adopted by the Board of Directors in conjunction with the mutual to stock conversion transaction. These services are described in greater detail below.

FORM OF EMPLOYMENT AGREEMENT
Form of Employment Agreement • October 24th, 2008 • Anchor Bancorp • Washington

THIS EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of this ___ day of _____________, 2008, by and between Anchor Bancorp (the “Company”), and its wholly owned subsidiary, Anchor Bank (the “Bank”), and ______________________ (the “Employee”).

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