0001019056-07-001031 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 2nd, 2007 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered • California

This Agreement (“Agreement”) is made effective as of the _______ day of _______________, 2007, by and among KAISER FEDERAL BANK (the “Bank”), a federally chartered stock savings bank, with its principal administrative office at 1359 N. Grand Ave., Covina, California 91724 and DUSTIN LUTON (“Executive”). Any reference to the “Company” herein shall mean KAISER FEDERAL FINANCIAL GROUP, INC., the holding company of the Bank. The Company is a party to this Agreement for the sole purpose of guaranteeing the payments required hereunder, except as otherwise provided herein.

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EMPLOYMENT AGREEMENT
Employment Agreement • November 2nd, 2007 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered • California

This Agreement (“Agreement”) is made effective as of the _______ day of _______________, 2007, by and among KAISER FEDERAL BANK (the “Bank”), a federally chartered stock savings bank, with its principal administrative office at 1359 N. Grand Ave., Covina, California 91724 and NANCY J. HUBER (“Executive”). Any reference to the “Company” herein shall mean KAISER FEDERAL FINANCIAL GROUP, INC., the holding company of the Bank. The Company is a party to this Agreement for the sole purpose of guaranteeing the payments required hereunder, except as otherwise provided herein.

EMPLOYMENT AGREEMENT
Employment Agreement • November 2nd, 2007 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered • California

This Agreement (“Agreement”) is made effective as of the _______ day of _______________, 2007, by and among KAISER FEDERAL BANK (the “Bank”), a federally chartered stock savings bank, with its principal administrative office at 1359 N. Grand Ave., Covina, California 91724 and JEANNE R. THOMPSON (“Executive”). Any reference to the “Company” herein shall mean KAISER FEDERAL FINANCIAL GROUP, INC., the holding company of the Bank. The Company is a party to this Agreement for the sole purpose of guaranteeing the payments required hereunder, except as otherwise provided herein.

KAISER FEDERAL FINANCIAL GROUP, INC. 14,950,000 Shares (subject to increase to 17,192,500 shares) COMMON SHARES ($.01 Par Value) Subscription Price $10.00 Per Share AGENCY AGREEMENT November __, 2007
Agency Agreement • November 2nd, 2007 • Kaiser Federal Financial Group, Inc. • Savings institution, federally chartered • New York

Kaiser Federal Financial Group, Inc., a Maryland corporation (the “Company”), Kaiser Federal Bank, a federally-chartered stock savings bank (the “Bank”), K-Fed Bancorp, a federal corporation, the current mid-tier holding company of the Bank (“Mid-Tier”), and K-Fed Mutual Holding Company, a federally-chartered mutual holding company and the current majority owner of Mid-Tier (the “MHC”), 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 14,950,000 (subject to increase up to 17,192,500 shares) of Common Stock (as defined below) of the Company (the “Shares” or “Conversion Stock”) in the Subscription and Community Offerings, and, if necessary, a Syndicated Community Offering, as defined below, as follows:

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