0000950124-07-001209 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 1st, 2007 • Flagstar Bancorp Inc • Savings institution, federally chartered • Michigan

THIS AGREEMENT, originally effective as of December 31, 2000, by and between Flagstar Bank, FSB (the “Bank”) and Kirstin A. Hammond (the “Employee”) in correlation with a separate, but substantially similar, employment agreement between the Employee and Flagstar Bancorp, Inc. (the “Company”) effective as of the same date, is continued, amended and restated as follows effective January 1, 2007 (the “Effective Date”).

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