0001188112-11-002337 Sample Contracts

STATE INVESTORS BANCORP, INC. EMPLOYMENT AGREEMENT
Employment Agreement • August 15th, 2011 • State Investors Bancorp, Inc. • Savings institution, federally chartered • Louisiana

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 19th day of July 2011, between State Investors Bancorp, Inc., a Louisiana corporation (the “Corporation”), and Daniel McGowan (the “Executive”).

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STATE-INVESTORS BANK EMPLOYMENT AGREEMENT
Employment Agreement • August 15th, 2011 • State Investors Bancorp, Inc. • Savings institution, federally chartered • Louisiana

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of the 19th day of July 2011, between State-Investors Bank (the “Bank”), a federally chartered savings bank and a wholly owned subsidiary of State Investors Bancorp, Inc., a Louisiana corporation (the “Corporation”), and Daniel McGowan (the “Executive”).

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