Form of Bancorp 34, Inc. REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered • Delaware
This Registration Rights Agreement (this “Agreement”) is made and entered into as of January 27, 2023, by and among Bancorp 34, Inc., a Maryland corporation (the “Company”), and the purchaser(s) signatory hereto (each a “Registration Rights Purchaser” and collectively, the “Registration Rights Purchasers”).
EMPLOYMENT AGREEMENTEmployment Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona
This Employment Agreement (the “Agreement”) is entered into as of the 30th day of July, 2020, and made effective as of July 20, 2020 (the “Effective Date”), by and between Bank 34 (the “Bank”) and James T. Crotty (“Executive”). Any reference to the “Company” shall mean Bancorp 34, Inc., the stock holding company of the Bank.
EMPLOYMENT AGREEMENTEmployment Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona
THIS EMPLOYMENT AGREEMENT (this “Agreement”) dated as of April 27, 2023, is made by and between Bank 34, a federal savings bank (the “Bank” or the “Employer”) and James Crotty, an individual resident of Arizona (the “Executive”). References herein to the “Company” refer to Bancorp 34, Inc., a Maryland corporation, the parent company of Employer.
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered • Arizona
THIS CHANGE IN CONTROL AGREEMENT (this “Agreement”) dated as of April 27, 2023, is made by and between Bank 34, a federal savings bank (the “Bank” or the “Employer”) and Kevin Vaughn, an individual resident of Arizona (the “Executive”). References herein to the “Company” refer to Bancorp 34, Inc., a Maryland corporation, the parent company of Employer. Certain terms used in this Agreement are defined in Section 17 hereof.
INCENTIVE STOCK OPTION AWARD AGREEMENTIncentive Stock Option Award Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered
This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the Bancorp 34, Inc. 2022 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (the “Committee”) or the Board of Directors will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” means Bancorp 34, Inc. including its parent and all present and future subsidi
BANCORP 34, INC. AND BANK 34 AMENDMENT TO EMPLOYMENT AGREEMENTEmployment Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered
This amendment is made effective as of the 1st day of April 2022 (the “Effective Date”), by and between Bank 34 and Bancorp 34, Inc., collectively (the “Bank”), and James T. Crotty (“Executive”).
FORM OF SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered • Delaware
This Securities Purchase Agreement (this “Agreement”) is dated as of [·], by and among Bancorp 34, Inc., a Maryland corporation (the “Company”), and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” and collectively, the “Purchasers”).
CHANGE IN CONTROL AGREEMENTChange in Control Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered • New Mexico
This Change in Control Agreement (this “Agreement”) is entered into as of January 9, 2017 by and between Bancorp 34, Inc, a Maryland corporation (the “Company”) and Kimberly Yacuel (“Officer”). Any reference to the “Bank” shall mean Bank 34, a federally-chartered savings association that is the wholly-owned subsidiary of the Company.
BANCORP 34, INC. & BANK 34 AMENDMENT TO CHANGE IN CONTROL AGREEMENTChange in Control Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered
This amendment is made effective as of the 1st day of April 2022 (the “Effective Date”), by and between Bancorp 34, Inc. and Bank 34, collectively (the “Bank”), and Kimberly Yacuel (“Officer”).
FORM OF RESTRICTED STOCK AWARD AGREEMENTRestricted Stock Award Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered
This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the Bancorp 34, Inc. 2022 Equity Incentive Plan (the “Plan”), which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided or made available to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “Participant”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Compensation Committee of the Board of Directors of the Company (the “Committee”) will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Except where the context otherwise requires, the term “Company” mea
AMENDMENT NUMBER ONE TO THE EMPLOYMENT AGREEMENTEmployment Agreement • August 11th, 2023 • Bancorp 34, Inc. • Savings institution, federally chartered
This AMENDMENT NUMBER ONE TO THE EMPLOYMENT AGREEMENT (this “Amendment”) is made and entered into as of December 16, 2020, by and among Bank 34 (the “Bank”) and James T. Crotty (“Executive”).
