FORM OF LOAN AGREEMENTLoan Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of _____________________, 200_, by and between the NEWPORT FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Newport Federal Savings Bank Employee Stock Ownership Plan (“ESOP”); and [_________________] (“Lender”), a corporation organized and existing under the laws of _______________.
FORM OF TRUST AGREEMENT BETWEEN NEWPORT FEDERAL SAVINGS BANK AND [TRUSTEE] FOR THE NEWPORT FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST Effective as of April 1, 2006Trust Agreement • March 20th, 2006 • Newport Bancorp Inc • Newport
This TRUST AGREEMENT dated________________________, BETWEEN, Newport Federal Savings Bank with its administrative office at _______________________ (hereinafter called the “Company”), and __________________________ with its administrative office at ____________________________________(hereinafter called the “Trustee”).
EMPLOYMENT AGREEMENTEmployment Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT (the “Agreement”), made this 14th day of October, 2005, by and between, Newport Federal Savings Bank, a federally chartered savings bank (the “Bank”), and Ray Gilmore (the “Executive”).
FORM OF NEWPORT BANCORP, INC. THREE-YEAR EMPLOYMENT AGREEMENTEmployment Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT (the “Agreement”), made this ___ day of _______________, 2006, by and among NEWPORT BANCORP, INC., a Maryland corporation (the “Company”), and _____________________ (“Executive”). References to the “Bank” herein shall mean NEWPORT FEDERAL SAVINGS BANK.
NEWPORT FEDERAL SAVINGS BANK CHANGE IN CONTROL AGREEMENTChange in Control Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
This AGREEMENT (“Agreement”) is hereby entered into as of October 14, 2005, by and between Newport Federal Savings Bank (the “Bank”), a federally-chartered savings bank with its principal offices at 100 Bellevue Avenue, Newport, Rhode Island 02840-3231 and ______________(“Executive”).
Parties to Supplemental Director Retirement Agreement: Newport Federal Savings Bank and Peter Crowley (1) Newport Federal Savings Bank and William R. Harvey (2) Newport Federal Savings Bank and Michael Hayes (3) Newport Federal Savings Bank and Robert...Supplemental Director Retirement Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT, made and entered into this ___ day of ______________, 200_ (hereinafter the “Effective Date”), by Newport Federal Savings Bank, (hereinafter referred to as the “Bank”), a bank organized and existing under the laws of Rhode Island, and _____________________ hereinafter referred to as the “Director”).
FORM OF EXECUTIVE SPLIT DOLLAR LIFE INSURANCE AGREEMENTDollar Life Insurance Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
THIS AGREEMENT, made and entered into this ___ day of ____________ 200_, by and among Newport Federal Savings Bank (hereinafter referred to as the “Bank”), a Bank organized and existing under the laws of Rhode Island, and ___________________ (hereinafter referred to as the “Executive”).
ContractAgreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
Exhibit 10.14: Form of Director Split Dollar Life Insurance Agreements between Newport Federal Savings Bank and Peter Crowley, Michael Hayes, Donald N. Kaull, Michael S. Pinto, Alicia S. Quirk and Peter W. Rector
ContractSupplemental Executive Retirement Agreement • March 20th, 2006 • Newport Bancorp Inc • Rhode Island
Exhibit 10.6: Form of Supplemental Executive Retirement Agreements between Newport Federal Savings Bank and Carol R. Silven, Ray D. Gilmore, II, Kevin M. McCarthy and Bruce A. Walsh
