Consulting Agreement between Enterbank Holdings, Inc. and Kevin C. Eichner (October 2001)

Summary

Enterbank Holdings, Inc. has engaged Kevin C. Eichner as a consultant to support the company's business growth, provide management advice, coach executives, and offer leadership to the Board of Directors. Mr. Eichner will serve as Vice Chairman, participate in strategic planning, assist with marketing, and help recruit and train directors. He will receive an annual fee of $40,000, paid monthly. The agreement renews annually and can be canceled by either party with 30 days' written notice.

EX-10.13 8 dex1013.txt CONSULTING CONTRACT - 10/3/01 - KEVIN D. EICHNER Exhibit 10.13 Consulting Contract between Enterbank Holdings, Inc. and Kevin C. Eichner --------------------------------------------- Contract Objectives: . To assist in the business growth and development of Enterbank Holdings, Inc. and its subsidiaries; . To provide professional advisory services in all matters pertaining to the management of the Holding Company; . To provide personal coaching and counseling to officers and executives of the Holding Company as needed; . To provide leadership and direction to the Board of Directors of the Holding Company on behalf of the shareholders. Scope of Services: . Serve as Vice Chairman of the Board of Directors for Enterbank Holdings, Inc.; . Serve on Executive Committee of the Bank with responsibilities for determining strategic planning, policy direction, and overall management of the Bank and other businesses; . Responsibility for developing and leading the annual strategic planning and budgeting process for Enterbank Holdings, Inc., Enterprise Bank and Enterprise Trust; . Personnel business development and marketing for the Bank's operation; . Assistance in recruiting and training Directors; . Provision of organizational development services including training, coaching, and assistance in the annual performance contracting process with key Bank employees; . Coordination of various public relations and promotional programs on behalf of the Holding Company and Enterprise Bank; . Preparation of marketing materials, reports and letters to shareholders, and leadership of business development seminars. Engagement Term and Conditions: The above services are to be performed for an annual fee of $40,000.00 payable in twelve (12) equal monthly installments. The contract is renewable annually by each party. Either party may cancel the contract with thirty (30) days written notice. Accepted by: /s/ Kevin C. Eichner October 9, 2001 - -------------------- --------------- Kevin C. Eichner Date 103