0001104659-09-015159 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • March 6th, 2009 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered

THIS FIRST AMENDMENT to the AMENDED AND RESTATED EMPLOYMENT AGREEMENT, dated as of this 14th day of December, 2007, is between First Federal Bancshares of Arkansas, Inc., a Texas chartered corporation (the “Corporation”), First Federal Bank, a federally chartered savings bank and a wholly owned subsidiary of the Corporation (the “Bank”), and (the “Executive”) (the “Amended and Restated Agreement”).

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FIRST AMENDMENT TO AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT
Control Severance Agreement • March 6th, 2009 • First Federal Bancshares of Arkansas Inc • Savings institution, federally chartered

THIS FIRST AMENDMENT to the AMENDED AND RESTATED CHANGE IN CONTROL SEVERANCE AGREEMENT dated as of the 14th day of December 2007, among First Federal Bancshares of Arkansas, Inc., a Texas corporation (the “Corporation”), First Federal Bank, a federally chartered savings bank (the “Bank”), and (the “Executive”) (the “Amended and Restated Agreement”). The Corporation and the Bank are collectively referred to as the “Employers”.

UNITED STATES DEPARTMENT OF THE TREASURY Washington, D.C. 20220 March 6, 2009
First Federal Bancshares of Arkansas Inc • March 6th, 2009 • Savings institution, federally chartered

Reference is made to that certain Letter Agreement incorporating the Securities Purchase Agreement – Standard Terms dated of as of the date of this letter agreement (the “Securities Purchase Agreement”) between United States Department of Treasury (“Investor”) and the company named on the signature page hereto (the “Company”). Capitalized terms used but not defined herein shall have the meanings assigned to them in the Securities Purchase Agreement.

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