Extension of Employment Period Memorandum between BankFinancial, F.S.B. and Employee

Contract Categories: Human Resources › Employment Agreements
Summary

This memorandum from BankFinancial, F.S.B. offers to extend the term of an employee's existing Employment Agreement and update regulatory references from the Office of Thrift Supervision to the Office of the Comptroller of the Currency. The employee must sign and return the document by a specified date to accept these changes. If not signed and returned by the deadline, the original terms of the Employment Agreement remain in effect.

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EX-10.2 3 exhibit102.htm EXHIBIT BANK EXTENSION Exhibit 10.2


Exhibit 10.2
FORM OF EXTENSION OF TERM
OF EMPLOYMENT PERIOD
MEMORANDUM


To:
     
From:
Patricia Smith Lawler,
EVP/Human Resources Division
Re:
Extension of Employment Period
Date:
May ___, 2013

The Board of Directors of BankFinancial, F.S.B. (the “Bank”) and its Human Resources Committee have completed their annual review of your Employment Agreement with the Bank dated ______________, as amended, and have determined to offer to amend your Employment Agreement (1) to extend the term of the “Employment Period” as referenced in Section 2(a) of your Employment Agreement to __________; and (2) to remove all references in your Employment Agreement to the term Office of Thrift Supervision (the “OTS”) and replace them with references to the term Office of the Comptroller of the Currency (the “OCC”).
If you are agreeable to amending your Employment Agreement as provided above, please sign and date this document in the space indicated below and return it to me by no later than _______________.
If you do not sign and return this document to me by such date, the term of your Employment Period and the Anniversary Date applicable to your Employment Agreement will remain unchanged.


Name:
     

Signature:
     

Date: