KELLER & COMPANY, INC. FINANCIAL INSTITUTION CONSULTANTSLaPorte Bancorp, Inc. • June 5th, 2007
Keller & Company, Inc. (hereinafter referred to as KELLER) hereby proposes to prepare an independent conversion appraisal of La Porte Savings Bank. (“La Porte”), La Porte, Indiana, relating to the stock offering (the “Stock Offering”) of La Porte. KELLER will provide a pro forma valuation of the market value of the shares of La Porte to be sold in connection with the Stock Offering, recognizing the proposed acquisition of City Savings Financial Corp. (“CSFC”), the holding company of City Savings Bank, Michigan City, Indiana.
THE LA PORTE SAVINGS BANK SUPPLEMENTAL EXECUTIVE RETIREMENT AGREEMENTSupplemental Executive Retirement Agreement • June 5th, 2007 • LaPorte Bancorp, Inc. • Indiana
THIS AGREEMENT is adopted this 1st day of August, 2002, by and between THE LA PORTE SAVINGS BANK, a state-chartered savings bank located in La Porte, Indiana (the “Company”), and (the “Executive”).
DEFERRED COMPENSATION AGREEMENTDeferred Compensation Agreement • June 5th, 2007 • LaPorte Bancorp, Inc. • Indiana
Agreement entered into as of the 27th day of February, 1979, between The LaPorte Savings Bank, a Mutual Savings Bank, having its principal office at 710 Indiana Avenue, LaPorte, Indiana 46350 (hereinafter referred to as the “Bank”) and Lee A. Brady (hereinafter referred to as the “Employee”).
AGREEMENT AND PLAN OF MERGER BY AND AMONG THE LAPORTE SAVINGS BANK AND CITY SAVINGS FINANCIAL CORPORATION AND CITY SAVINGS BANK DATED AS OF MARCH 8, 2007Agreement and Plan of Merger • June 5th, 2007 • LaPorte Bancorp, Inc. • Indiana
THIS AGREEMENT AND PLAN OF MERGER, dated as of March 8, 2007, by and among The LaPorte Savings Bank (“LPSB”), an Indiana chartered mutual savings association, City Savings Financial Corporation, an Indiana chartered corporation and savings and loan holding company (“CSFC”), and City Savings Bank, an Indiana chartered savings association and wholly owned subsidiary of CSFC.
THE LA PORTE SAVINGS BANK GROUP TERM CARVE OUT PLANLaPorte Bancorp, Inc. • June 5th, 2007 • Indiana
THIS PLAN is made and entered into this 1st day of January, 2003, by and between THE LA PORTE SAVINGS BANK, a state-chartered savings bank located in La Porte, Indiana (the “Company”) and the Participant selected to participate in this Plan (the “Participant”).
RP® FINANCIAL, LC. Financial Services Industry ConsultantsLaPorte Bancorp, Inc. • June 5th, 2007
This letter sets forth the agreement between La Porte Savings Bank, La Porte, Indiana (the “Bank”), and RP® Financial, LC. (“RP Financial”), whereby the Bank has engaged RP Financial to provide certain financial advisory and planning services, including the preparation of the regulatory business plan and financial projections to be adopted by the Board of Directors, in conjunction with the reorganization into a mutual holding company (“MHC”) structure and the simultaneous acquisition of City Savings Financial Corp. (“City Savings”), and its wholly-owned subsidiary, City Savings Bank. The acquisition will be partially financed through the issuance of one or more forms of debt or through common stock. In addition, at the Bank’s request, should the Bank subsequently enter into a merger agreement, RP Financial will provide a fairness opinion to the Bank’s Board of Directors regarding the fairness of consideration to be paid to City Savings, taking into account the pro forma impact of the a
