AMENDMENT TO THE EMPLOYMENT AGREEMENT BY AND BETWEEN ROBERT C. BARRY, JR., FIRST FEDERAL SAVINGS BANK AND FEDFIRST FINANCIAL CORPORATION

EX-10.3 5 ex_10-3.htm AMENDMENT TO THE EMPLOYMENT AGREEMENT BETWEEN FIRST FEDERAL SAVINGS BANK, FEDFIRST FINANCIAL CORPORATION AND ROBERT C. BARRY, JR., EFFECTIVE JUNE 1, 2009 ex_10-3.htm

Exhibit 10.3

AMENDMENT TO THE EMPLOYMENT AGREEMENT BY AND BETWEEN
ROBERT C. BARRY, JR., FIRST FEDERAL SAVINGS BANK

AND FEDFIRST FINANCIAL CORPORATION

WHEREAS, Robert C. Barry, Jr. entered into an employment agreement with First Federal Savings Bank (the “Bank”) and FedFirst Financial Corporation (the “Company”) effective March 31, 2006 (the “Employment Agreement”); and

WHEREAS, the Board of Directors of the Bank has resolved to amend the Employment Agreement effective June 1, 2009, to reflect an adjustment made to Mr. Barry’s base salary.

NOW, THEREFORE, the Bank, the Company and Mr. Barry hereby agree to amend the Employment Agreement as follows:

Effective June 1, 2009, Section 4(a) shall be deleted in its entirety and replaced with the following new Section 4(a):

“The Bank agrees to pay the Executive an annual base salary of $162,500, payable inaccordance with the customary payroll practices of the Bank. Executive may have part ofhis compensation deferred if he chooses.”

ATTEST:			FIRST FEDERAL SAVINGS BANK


/s/ Patrick G. O'Brien			/s/ John L. Lacarte


ATTEST:			FEDFIRST FINANCIAL CORPORATION


/s/ Patrick G. O'Brien			/s/ John L. Lacarte


ATTEST:


/s/ Patrick G. O'Brien			/s/ Robert C. Barry, Jr.
			Robert C. Barry, Jr.