0001325814-13-000043 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • March 13th, 2013 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AGREEMENT (“Agreement”), by and between the Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Daniel D. Clute (“Executive”), is effective as of January 1, 2013 (the “Effective Date”). In consideration of the mutual covenants set forth herein, the Company and the Executive hereby agree as follows:

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • March 13th, 2013 • Federal Home Loan Bank of Des Moines • Federal & federally-sponsored credit agencies • Iowa

THIS AMENDMENT TO EMPLOYMENT AGREEMENT , effective as of January 1, 2013 (the “Amendment Date”) by and between Federal Home Loan Bank of Des Moines, a federally chartered corporation (“Company”), and Richard S. Swanson (“Executive”).

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