EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2007 • Great Lakes Bancorp, Inc. • Savings institutions, not federally chartered • New York
EMPLOYMENT AGREEMENT (this "Agreement") dated as of January 1, 2007, among Great Lakes Bancorp, Inc. a Delaware corporation having its principal place of business at 2421 Main Street, Buffalo, New York 14214 ("GLB"), Greater Buffalo Savings Bank, a New York chartered savings bank having its principal place of business at 2421 Main Street, Buffalo, New York 14214 ("GBSB") and Michael J. Rogers, an individual residing at 22 Eltham Drive, Amherst, New York 14226 (the "Executive"). GLB, GBSB and the Executive are collectively the Parties and individually a Party.
GREAT LAKES BANCORP, INC. RESTATED 2000 STOCK OPTION PLANGreat Lakes • March 16th, 2007 • Great Lakes Bancorp, Inc. • Savings institutions, not federally chartered
Under an Agreement and Plan of Reorganization dated as of February 10, 2003 (the “Plan of Reorganization”), between Greater Buffalo Savings Bank (the “Bank”) and Great Lakes Bancorp, Inc. (the “Corporation”), it was agreed that the Corporation would become a holding corporation for the Bank and the sole holder of all issued and outstanding shares of its common stock, and that each whole or fractional share of Bank common stock issued and outstanding immediately prior to the reorganization would automatically be converted into the same number and class of shares of the common stock of the Corporation.
EMPLOYMENT AGREEMENTEmployment Agreement • March 16th, 2007 • Great Lakes Bancorp, Inc. • Savings institutions, not federally chartered • New York
EMPLOYMENT AGREEMENT (this "Agreement") dated as of January 1, 2007, by and between, Greater Buffalo Savings Bank, a New York chartered savings bank having its principal place of business at 2421 Main Street, Buffalo, New York 14214 ("GBSB"), and Lawrence Schiavi, an individual residing at 9199 Beech Meadow Court, Clarence Center, NY 14032 (the "Executive"). GBSB and the Executive are collectively the Parties and individually a Party.
