Exhibit 10.10

 

Pulaski Financial Corp.

Cash-Based Deferred Compensation Plan

Election Form

 

I,                                                   have been designated as an
eligible individual to participate in the Pulaski Financial Corp. Cash-Based
Deferred Compensation Plan. Subject to the terms of the Pulaski Financial Corp.
Cash-Based Deferred Compensation Plan and the related Deferral Agreement,
participation letter dated December 14, 2004 and addendum to said letter, I
hereby make the following elections:

 

I. Participant Deferral Election

 

I hereby acknowledge and agree that during the 200    , Pulaski Financial Corp.
Cash-Based Deferred Compensation Plan Year,                 % of the commission
income I would otherwise receive in cash from Pulaski Financial Corp., as
specified in my Deferral Compensation Agreement, shall be deferred under the
Pulaski Financial Corp. Cash-Based Deferred Compensation Plan (the “Plan”). I
also acknowledge that Pulaski Financial Corp. may, in its sole discretion,
credit my Plan Account with a Bank Contribution, as specified in Section 4 of my
Deferred Compensation Agreement. I understand that my deferral election will not
continue in subsequent years and that I must complete a new Election Form in
order to defer amounts in subsequent years.

 

II. Time of Payment

 

I elect to begin receiving the balance in my Account that reflects compensation
deferred for the 2005 Plan Year as follows (select one of the following):

 

             Thirty (30) calendar days (or one hundred and twenty (120) days if
lump sum distribution) after the first business day following my termination of
employment; or

 

             Thirty (30) days (or one hundred and twenty (120) days if lump sum
distribution) after                                          [such other date
specified by the Participant].

 

Notwithstanding the foregoing, I acknowledge that pursuant to the Plan, amounts
credited to my Account will be distributed to me upon a Change in Control (as
defined in the Plan), upon my death or in the event my service is terminated due
to Disability (as defined in the Internal Revenue Code.

 

III. Form of Payment

 

I elect to receive the balance in my account that reflects the compensation
deferred for the 2005 Plan Year as follows (select one of the following):

 

             in the form of a lump sum distribution; or

 

             in the form of annual installments over a period of at least two
(2) years but not to exceed ten (10) years which period

             shall be          years.

 

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             as specified on the attached alternate schedule (alternate
schedules must be pre-approved by the Committee)

 

IV. Beneficiary Election

 

I understand that in the event of my death any amount to which I am entitled
under this Plan will be paid to the beneficiary designated by me or, if none, to
my surviving spouse or, if none, to my estate. I further understand that the
last beneficiary designation filed by during my lifetime revokes all prior
beneficiary designations previously filed by me for purposes of the Plan. I
hereby state (choose one):

 

             that I do not wish to name a Beneficiary; or

 

             that                                                              
(insert name) residing at

 

                                                   
                                                                           

 

             whose Social Security number is         -    -            , is
designated as my primary beneficiary.

 

                                                   
                                            (insert name) residing at

 

             whose Social Security number is         -    -            , is
designated as my secondary beneficiary.

 

             If my secondary beneficiary(ies) are not living at the time of this
distribution,

 

             then my contingent beneficiary shall be
                                                                     

 

             residing at                                       
                                                                              

 

             whose Social Security number is         -    -            .

 

V. Compliance with Section 409A

 

Pulaski Financial intends this Election and the Participant’s elections under
the Plan and Deferral Agreement conform in all respects with Section 409A of the
Internal Revenue Code of 1986 (the “Code”) in both form and operation.
Notwithstanding any other provision in the Plan, Deferral Agreement or this
Election Form, Pulaski Financial reserves the right to amend any provision of
the Plan or the Deferral Agreement or take any other action it deems appropriate
to ensure compliance with Section 409A of the Code, including altering the time
and form of any distribution. Further, the elections made in this Election Form
at this time only relate to compensation deferred for the 2005 Plan Year. All
amounts previously deferred under the Plan shall be treated in accordance with
amounts grandfathered under the provisions of Section 409A.

 

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Date

     

 

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Signature of Participant

   

 

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Witness

     

 

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Social Security Number

 

RECEIVED AND ACCEPTED:   PULASKI FINANCIAL CORP.

Date:

 

 

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  By:  

 

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