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Section 4: EX-10.2

EMPLOYMENT AGREEMENT ADDENDUM

In consideration of the renewal of Matthew Moran’s (Employee) Employment
Agreement by Sound Community Bank (Employer), the adequacy of which is hereby
acknowledged, the parties agree to the following  addendum which is to clarify
the terms of the  Employment Agreement and to memorialize some agreed revisions.

1.           The notice provision set forth in Section 2 will be reduced from
one hundred eighty (180) days to ninety (90) days.

2.           The Non-Competition obligation imposed on Employee and set forth at
Section 8(a) will remain in effect during the term of the Employment Agreement
as a result of termination for any reason, and whether voluntary or
involuntary.  The Non-Competition obligation shall not be contingent on
continuing payments to Employee.

3.           In the event of a breach of the Non-Competition provision set forth
in Section 8, Employee will be liable for payment of 50% of employee’s then
current annual base salary in liquidated damages.

DATED this 28th day of December, 2011.
 

 
SOUND COMMUNITY BANK
By: /s/ Matthew F.Moran
Its: Executive Vice President & CCO

DATED this 28th day of December, 2011.
 

                                                   
                        /s/ Matthew P. Deines
                         Witness
 
 
 

 
 

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