CHANGE IN CONTROL AGREEMENTChange in Control Agreement • March 29th, 2012 • FSB Community Bankshares Inc • Savings institution, federally chartered • New York
This Agreement is entered into this 28th day of March, 2012 by and between Fairport Savings Bank (the “Bank”), a federally chartered savings association with its principal executive office at 45 South Main Street, Fairport, New York 14450, and Kevin Maroney (“Executive”).
FSB Community Bankshares, Inc. and Fairport Savings Bank Executive Compensation Clawback AgreementClawback Agreement • March 29th, 2012 • FSB Community Bankshares Inc • Savings institution, federally chartered • New York
WHEREAS, FSB Community Bankshares, Inc. (the “Company”) and Fairport Savings Bank (the “Bank”) are required to recover from certain current and former executive officers any excess incentive-based compensation, including bonus compensation or equity compensation, that was paid to such executives on the basis of incorrect financial information, pursuant to Section 304 of the Sarbanes-Oxley Act of 2002 (“SOX”) and pursuant to Section 954 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2012 (“Dodd-Frank”); and
