ESOP LOAN AGREEMENTLoan Agreement • December 14th, 2006 • Delanco Bancorp Inc • New Jersey
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of _________, 200__, by and between the DELANCO FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Delanco Federal Savings Bank Employee Stock Ownership Plan (“ESOP”); and DELANCO BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of the United States of America.
FORM OF DELANCO BANCORP, INC. EMPLOYMENT AGREEMENTEmployment Agreement • December 14th, 2006 • Delanco Bancorp Inc • New Jersey
THIS AGREEMENT (the “Agreement”), made this _____ day of _____________, 200_, by and between DELANCO BANCORP, INC., a federally chartered corporation (the “Company”), and DOUGLAS R. ALLEN, JR. (the “Executive”).
FORM OF DELANCO FEDERAL SAVINGS BANK EMPLOYMENT AGREEMENTEmployment Agreement • December 14th, 2006 • Delanco Bancorp Inc • New Jersey
THIS AGREEMENT (the “Agreement”), made this _____ day of _____________, 200_, by and between DELANCO FEDERAL SAVINGS BANK, a federally chartered savings bank (the “Bank”), and ROBERT M. NOTIGAN (the “Executive”).
NON-QUALIFIED RETIREMENT PROGRAM SELECTIVE INCENTIVE PLAN FOR JOHN W. SEIBERNon-Qualified Retirement • December 14th, 2006 • Delanco Bancorp Inc • New Jersey
This Agreement is made on the 25th day of August, 1995, by and between Delanco Federal Savings Bank, a corporation organized and existing under the Banking Law of The United States of America, which has its principal place of business at 615 Burlington Avenue, Delanco, New Jersey, hereinafter called “Bank,” and John W. Seiber, hereinafter called “Employee.”
