EMPLOYMENT AGREEMENTEmployment Agreement • March 12th, 2021 • PB Bankshares, Inc. • Pennsylvania
This Employment Agreement (the “Agreement”) is made and entered into, effective as of the 1st day day of March, 2021 (the “Effective Date”), by and between Prosper Bank, a Pennsylvania-chartered savings bank (the “Bank”) and Janak M. Amin (the “Executive”). Any reference to the “Company” shall mean PB Bankshares, Inc., the holding company of the Bank, or any successor thereto.
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • March 12th, 2021 • PB Bankshares, Inc. • Pennsylvania
This Change in Control Agreement (the “Agreement”) is made effective as of the 1st day of March, 2021 (the “Effective Date”), by and between Prosper Bank, a Pennsylvania-chartered stock savings bank (the “Bank”) and Larry Witt (the “Executive”). Any reference to the “Company” shall mean PB Bankshares, Inc., the holding company of the Bank.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLANSupplemental Executive Retirement Plan • March 12th, 2021 • PB Bankshares, Inc. • Pennsylvania
THIS SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (this “Agreement”), originally adopted on the 31st day of December, 2020, by and between Prosper Bank (the “Employer”), and Larry Witt (the “Executive”) is amended and restated in its entirety to make certain clarifying changes to the Agreement as intended by the parties.
RP® FINANCIAL, LC. Advisory | Planning | ValuationPB Bankshares, Inc. • March 12th, 2021
This letter sets forth the agreement between Prosper Bank, Coatesville, Pennsylvania (the “Bank”), whereby the Bank has engaged RP Financial to provide the conversion appraisal services in conjunction with the proposed standard stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below.
