EXECUTIVE EMPLOYMENTAGREEMENT between HOMESTREET, INC. and HOMESTREET BANK and JAY ISEMANExecutive Confidentiality Agreement • June 21st, 2011 • HomeStreet, Inc. • Savings institutions, not federally chartered • Washington
This executive employment agreement (“Agreement”), effective immediately after the Cease and Desist Order is lifted by the Federal Deposit Insurance Corporation (the “Effective Date”), is between HomeStreet, Inc., HomeStreet Bank (“Bank”) and their affiliate or subsidiary organizations and their successors and assigns (collectively, the “Company”) and Jay Iseman (“Executive”) (collectively, the “Parties”). In consideration of the foregoing promises and for other good and valuable consideration, the sufficiency and receipt of which are hereby acknowledged, the Company and Executive hereby agree to enter into an employment relationship in accordance with the terms and conditions set forth below.
