EMPLOYER BASED UPON THE 12-MONTH PERIOD
ENDING ON EACH DECEMBER 31ST (SUCH 12-MONTH PERIOD IS REFERRED TO BELOW AS THE
"IDENTIFICATION PERIOD").
IF THE EXECUTIVE IS
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DETERMINED TO BE A KEY EMPLOYEE UNDER CODE SECTION 416(I) (WITHOUT REGARD TO
PARAGRAPH (5) THEREOF) DURING THE IDENTIFICATION PERIOD HE SHALL BE TREATED AS A
SPECIFIED EMPLOYEE FOR PURPOSES OF THIS AGREEMENT DURING THE 12-MONTH PERIOD
THAT BEGINS ON THE APRIL 1 FOLLOWING THE CLOSE OF SUCH IDENTIFICATION PERIOD.
FOR PURPOSES OF DETERMINING WHETHER THE EXECUTIVE IS A KEY EMPLOYEE UNDER CODE
SECTION 416(I), "COMPENSATION" SHALL MEAN THE EXECUTIVE'S W-2 COMPENSATION AS
REPORTED BY THE EMPLOYER FOR A PARTICULAR CALENDAR YEAR.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date
first above written.
WEST SUBURBAN BANCORP, INC.
KEVIN J. ACKER
By:
/s/ Duane G. Debs
/s/ Kevin J. Acker
Name:
Duane Debs
Title:
President
(Address)
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