Catalyst Bancorp, Inc. Sample Contracts

Up to 5,091,625 Shares CATALYST BANCORP, INC. (a Louisiana corporation) Common Stock (par value $0.01 per share) AGENCY AGREEMENT
Agency Agreement • April 23rd, 2021 • Catalyst Bancorp, Inc. • Savings institution, federally chartered • New York
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Up to 5,290,000 Shares CATALYST BANCORP, INC. (a Louisiana corporation) Common Stock (par value $0.01 per share) AGENCY AGREEMENT August 6, 2021
Agency Agreement • August 12th, 2021 • Catalyst Bancorp, Inc. • Savings institution, federally chartered • New York
RP® FINANCIAL, LC.
Catalyst Bancorp, Inc. • March 12th, 2021

This letter sets forth the agreement between St. Landry Homestead Federal Savings Bank, Opelousas, Louisiana (the “Bank”), whereby the Bank has engaged RP Financial to provide the conversion appraisal services in conjunction with the proposed standard stock conversion transaction. The scope, timing and fee structure for these appraisal services are described below.

EMPLOYMENT AGREEMENT
Employment Agreement • September 15th, 2023 • Catalyst Bancorp, Inc. • Savings institution, federally chartered • Louisiana

This Employment Agreement (the “Agreement”) is made effective as of September 13, 2023 (the “Effective Date”), by and between Catalyst Bank (the “Bank”) and Jacques Bourque (“Executive”).

St. Landry Homestead Federal Savings Bank Supplemental Life Insurance Agreement
Insurance Agreement • March 12th, 2021 • Catalyst Bancorp, Inc. • Louisiana

This Supplemental Life Insurance Agreement (this “Agreement”) is adopted this November 18, 2020, by and between ST. LANDRY HOMESTEAD FEDERAL SAVING BANK, located in Opelousas, Louisiana (the “Company”), and JOSEPH ZANCO (the “Executive”).

Restricted Executive Benefit Agreement
Restricted Executive Benefit Agreement • March 12th, 2021 • Catalyst Bancorp, Inc.

This Restricted Executive Benefit Agreement (the “Agreement”) is entered into this 22nd day of October, 2020, by and between ST. LANDRY HOMESTEAD FEDERAL SAVINGS BANK, (hereinafter “Employer”) and JOSEPH ZANCO (hereinafter “Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • May 2nd, 2024 • Catalyst Bancorp, Inc. • Savings institution, federally chartered • Louisiana

This Employment Agreement (the “Agreement”) is made effective as of May 2, 2024 (the “Effective Date”), by and between Catalyst Bank (the “Bank”) and Don Ledet (“Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • March 12th, 2021 • Catalyst Bancorp, Inc. • Louisiana

This Employment Agreement (the “Agreement”) is made effective as of August 17, 2020 (the “Effective Date”), by and between St. Landry Homestead Federal Savings Bank (the “Bank”) and Joseph Zanco (“Executive”).

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