AMENDED AND RESTATED EMPLOYMENT AGREEMENT FOR RAYMOND F. LIPMANEmployment Agreement • August 26th, 2015 • Westbury Bancorp, Inc. • State commercial banks • Wisconsin
This Amended and Restated Employment Agreement (this “Agreement”) is entered into on August 26, 2015 and made effective as of October 1, 2015 (the “Effective Date”), by and between Westbury Bank (the “Bank”) and Raymond F. Lipman (“Executive”). The Bank and Executive are sometimes collectively referred to herein as the “parties.” Any reference to the “Company” shall mean Westbury Bancorp, Inc., the holding company of the Bank. The Company is a signatory to this Agreement for the purpose of guaranteeing the Bank’s performance hereunder.
