EX-10.2 9 dex102.htm FORMS OF ESOP LOAN COMMITMENT LETTER AND LOAN DOCUMENTS FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • May 5th, 2020 • Pennsylvania
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2006, by and between the POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Polonia Bank Employee Stock Ownership Plan (“ESOP”); and POLONIA BANCORP (“Lender”), a corporation organized and existing under the laws of the United States of America.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • June 6th, 2016 • Ottawa Bancorp Inc • Illinois
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of , 2016, by and between COMMUNITY BANK OF PLEASANT HILL D/B/A FIRST TRUST OF MID AMERICA, AS THE TRUSTEE FOR THE OTTAWA SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN, AS AMENDED AND RESTATED, TRUST (“Borrower”), a trust forming part of the Ottawa Savings Bank Employee Stock Ownership Plan, as amended and restated (“ESOP”), and OTTAWA BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of the State of Maryland.
ESOP LOAN AGREEMENTEsop Loan Agreement • September 12th, 2014 • MB Bancorp Inc • Maryland
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of _________, by and between _____________________, AS THE TRUSTEES FOR THE MADISON BANK OF MARYLAND EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Madison Bank of Maryland Employee Stock Ownership Plan (“ESOP”); and MB BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Maryland.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • June 12th, 2013 • Delanco Bancorp, Inc. • New Jersey
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the [#] day of [month, year], by and between the DELANCO FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Delanco Federal Savings Bank Employee Stock Ownership Plan (“ESOP”); and DELANCO BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of New Jersey.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • September 9th, 2011 • Polonia Bancorp Inc • Pennsylvania
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the [#] day of [month, year], by and between the POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Polonia Bank Employee Stock Ownership Plan (“ESOP”); and POLONIA BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Maryland.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • May 26th, 2011 • ASB Bancorp Inc • North Carolina
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of , 2011, by and between PENTEGRA TRUST COMPANY, AS THE TRUSTEE FOR THE ASHEVILLE SAVINGS BANK, S.S.B. EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Asheville Savings Bank, S.S.B. Employee Stock Ownership Plan (“ESOP”), and ASB BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of North Carolina.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • March 15th, 2011 • United Community Bancorp • Indiana
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of [date], by and between [TRUSTEE], AS THE TRUSTEE FOR THE UNITED COMMUNITY BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the United Community Bank Employee Stock Ownership Plan (“ESOP”), and UNITED COMMUNITY BANCORP (“Lender”), a corporation organized and existing under the laws of Indiana.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • December 10th, 2010 • Franklin Financial Corp • Virginia
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of , 2011, by and between , AS THE TRUSTEE FOR THE FRANKLIN FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Franklin Federal Savings Bank Employee Stock Ownership Plan (“ESOP”), and FRANKLIN FINANCIAL CORPORATION (“Lender”), a corporation organized and existing under the laws of the Commonwealth of Virginia.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • October 29th, 2010 • Fraternity Community Bancorp Inc • Maryland
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of [date], by and between [TRUSTEE], AS THE TRUSTEE FOR THE FRATERNITY FEDERAL SAVINGS AND LOAN ASSOCIATION EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Fraternity Federal Savings and Loan Association Employee Stock Ownership Plan (“ESOP”), and FRATERNITY COMMUNITY BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Maryland.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • June 11th, 2010 • Madison Bancorp Inc • Maryland
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of [date], by and between TRUST COMPANY, AS THE TRUSTEE FOR THE MADISON SQUARE FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Madison Square Federal Savings Bank Employee Stock Ownership Plan (“ESOP”), and MADISON BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Maryland.
ESOP LOAN AGREEMENTEsop Loan Agreement • March 15th, 2010 • Fairfield County Bank Corp. • Connecticut
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of , 2010, by and between , AS THE TRUSTEE FOR THE FAIRFIELD COUNTY BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Fairfield County Bank Employee Stock Ownership Plan (“ESOP”), and Fairfield County Bank Corp. (“Lender”), a corporation organized and existing under the laws of the United States.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • June 13th, 2008 • First Savings Financial Group Inc • Indiana
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2008, by and between the FIRST SAVINGS BANK, F.S.B. EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the First Savings Bank, F.S.B. Employee Stock Ownership Plan (“ESOP”), and FIRST SAVINGS FINANCIAL GROUP, INC. (“Lender”), a corporation organized and existing under the laws of Indiana.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • September 28th, 2007 • Meridian Interstate Bancorp Inc • Massachusetts
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of [DATE], by and between the EAST BOSTON SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the East Boston Savings Bank Employee Stock Ownership Plan (“ESOP”); and [MERIDIAN INTERSTATE FUNDING CORP.] (“Lender”), a corporation organized and existing under the laws of the Commonwealth of Massachusetts.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • July 10th, 2007 • First Advantage Bancorp • Tennessee
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of ___, 2007, by and between the FIRST FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the First Federal Savings Bank Employee Stock Ownership Plan (“ESOP”), and FIRST ADVANTAGE BANCORP (“Lender”), a corporation organized and existing under the laws of Tennessee.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • June 13th, 2007 • Bradford Bancorp Inc /MD • Maryland
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of ________________, 2007, by and between the BRADFORD BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Bradford Bank Employee Stock Ownership Plan (“ESOP”), and BRADFORD BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Maryland.
FORM OF ESOP LOAN AGREEMENT (Consolidated Loan)Esop Loan Agreement • June 8th, 2007 • New North Penn Bancorp Inc • Pennsylvania
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2007, by and between the NORTH PENN BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the North Penn Bank Employee Stock Ownership Plan (“ESOP”), and NORTH PENN BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of Pennsylvania.
ESOP LOAN AGREEMENTEsop Loan Agreement • December 14th, 2006 • Sugar Creek Financial Corp • Illinois
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 200 , by and between the TEMPO BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Tempo Bank Employee Stock Ownership Plan (“ESOP”), and SUGAR CREEK FINANCIAL CORP. (“Lender”), a corporation organized and existing under the laws of the United States of America.
ESOP LOAN AGREEMENTEsop Loan Agreement • December 14th, 2006 • Delanco Bancorp Inc • New Jersey
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the ___ day of _________, 200__, by and between the DELANCO FEDERAL SAVINGS BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Delanco Federal Savings Bank Employee Stock Ownership Plan (“ESOP”); and DELANCO BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of the United States of America.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • July 7th, 2006 • Polonia Bancorp • Pennsylvania
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2006, by and between the POLONIA BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Polonia Bank Employee Stock Ownership Plan (“ESOP”); and POLONIA BANCORP (“Lender”), a corporation organized and existing under the laws of the United States of America.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • April 28th, 2006 • Northeast Community Bancorp Inc • Savings institution, federally chartered • New York
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2006, by and between the NORTHEAST COMMUNITY BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the Northeast Community Bank Employee Stock Ownership Plan (“ESOP”); and NORTHEAST COMMUNITY BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of the United States of America.
FORM OF ESOP LOAN AGREEMENTEsop Loan Agreement • March 17th, 2006 • Northeast Community Bancorp Inc • New York
THIS LOAN AGREEMENT (“Loan Agreement”) is made and entered into as of the day of , 2006, by and between the NORTHEAST COMMUNITY BANK EMPLOYEE STOCK OWNERSHIP PLAN TRUST (“Borrower”), a trust forming part of the United Community Bank Employee Stock Ownership Plan (“ESOP”); and NORTHEAST COMMUNITY BANCORP, INC. (“Lender”), a corporation organized and existing under the laws of the United States of America.