FORM OF] EMPLOYMENT AGREEMENTEmployment Agreement • November 2nd, 2010 • Oconee Federal Financial Corp. • Savings institution, federally chartered • South Carolina
This Employment Agreement (this “Agreement”) is made effective as of , 2010 (the “Effective Date”), by and between Oconee Federal Savings and Loan Association, a federally chartered savings and loan association (the “Association”) and Curtis T. Evatt (“Executive”). The Association and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Oconee Federal Financial Corp., the mid-tier holding company of the Association. The Company is a signatory to this Agreement for the purpose of guaranteeing the Association’s performance hereunder.
OCONEE FEDERAL FINANCIAL CORP. (a federal stock holding company) 1,812,600 Shares (Subject to an Increase Up to 2,094,480 Shares in the Event of an Oversubscription) COMMON STOCK (Par Value $0.01 Per Share) Subscription Price $10.00 Per Share AGENCY...Agency Agreement • November 2nd, 2010 • Oconee Federal Financial Corp. • Savings institution, federally chartered • New York
