EMPLOYMENT AGREEMENTEmployment Agreement • June 30th, 2006 • Citizens Community Bancorp Inc. • Wisconsin
THIS EMPLOYMENT AGREEMENT ("Agreement") is made and entered into as of this 13th day of April, 2002, by and between Citizens Community Federal (hereinafter referred to as the "Bank") and Johnny Thompson (the "Employee").
RP® FINANCIAL, LC. Financial Services Industry ConsultantsCitizens Community Bancorp Inc. • June 30th, 2006
June 1, 2006 Mr. James G. Cooley President and Chief Executive Officer Citizens Community Bancorp 2174 Eastridge Center Eau Claire, Wisconsin 54701 Dear Mr. Cooley: This letter sets forth the agreement between Citizens Community Federal and Citizens Community Bancorp (collectively the "Company"), a subsidiary of Citizens Community MHC, Eau Claire, Wisconsin (the "MHC"), and RP® Financial, LC. ("RP Financial") for independent appraisal services pertaining to the mutual-to-stock conversion of the MHC to a fully-converted basis. The specific appraisal services to be rendered by RP Financial include those described below. Description of Appraisal Services In conjunction with preparing the appraisal report, RP Financial will conduct a financial due diligence, including on-site interviews of senior management and reviews of historical and pro forma financial information and other documents and records, to gain insight into the operations, financial condition, profitability, m
FELDMAN FINANCIAL ADVISORS, INC. 1725 K STREET, NW * SUITE 205 WASHINGTON, DC 20006 (202) 467-6862 * FAX (202) 467-6963Citizens Community Bancorp Inc. • June 30th, 2006
Confidential Board of Directors Citizens Community Bancorp 2174 Eastridge Center Eau Claire, Wisconsin 54701 Members of the Board: This letter agreement ("Agreement") describes the terms under which Feldman Financial Advisors, Inc. ("Feldman Financial") will assist Citizens Community Bancorp ("Citizens") with the business plan ("Business Plan") to be submitted to regulators in conjunction with Citizens' second stage stock offering. The services we will provide and our fees for this proposal are explained in this Agreement.
