Document:

Exhibit 10.4

 Exhibit 10.4 
 Exhibit D 
 Restated 
 2005 Sub-Plan 
 Applicable to Compensation Deferred or 
 Amounts Credited Under the Plan 
 After December 31, 2004 
 Versailles Savings & Loan Company 
 Deferred Compensation Plan 
 WHEREAS,
Versailles Savings & Loan Company (“Company”) established the Versailles Savings & Loan Company Deferred Compensation Plan (“Plan”) effective December 16, 1998; 
 WHEREAS, new requirements were imposed on deferred compensation arrangements as a result of the enactment of Section 409A of the Internal Revenue
Code; 
 WHEREAS, effective January 1, 2005, to comply with the requirements of Section 409A of the Internal Revenue Code, Company
created the 2005 Sub-Plan Applicable to Compensation Deferred or Amounts Credited Under the Plan After December 31, 2004 (“Sub-Plan”); and 
 WHEREAS, Company has learned that further revisions to the Sub-Plan are required for it to comply with Section 409A of the Internal Revenue Code; 
 NOW, THEREFORE, Company hereby restates the Sub-Plan in its entirety as set forth below. The effective date of this restatement is January 1, 2005.

 PURPOSE AND SCOPE 
 This sub-plan (the “Sub-Plan”) hereby incorporates the terms of the Versailles Savings & Loan Company Deferred Compensation Plan (the “Plan”) by reference, subject to the limited modifications set forth below.
Terms within the Sub-Plan that begin with initial capital letters shall have the particular defined meaning set forth herein or in the Plan, unless the context clearly indicates otherwise. This Sub-Plan shall apply to compensation that is deferred
pursuant to the terms below and to contributions that the Company makes to Accounts pursuant to Section 2.2 of the Plan on or after January 1, 2005. No provision of this Sub-Plan shall apply to (i) compensation that was deferred or
amounts that were credited under the Plan on or before December 31, 2004, or (ii) earnings attributable to such amounts, whether before or after January 1, 2005. References within the Plan to Accounts shall not apply to amounts
deferred or credited under this Sub-Plan after December 31, 2004, and references herein to Accounts shall not apply to Accounts under the Plan. This Sub-Plan is intended to comply with the requirements of Section 409A of the Internal
Revenue Code, and it shall be administered and interpreted accordingly. 

 ARTICLE I 
 Definitions 
 The following words and phrases, when used in the Plan with an initial capital
letter, shall have the meanings set forth below unless the context clearly indicates otherwise. 
 1.13 “Deferral Election
Form” shall mean the form attached hereto as Sub-Plan Exhibit 1. 
 1.15 “Distribution Election Form” shall mean
the form attached hereto as Sub-Plan Exhibit 2. 
 1.18 “Investment Election Form” shall mean the form attached hereto as
Sub-Plan Exhibit 3. 
 1.28 “Hardship” of a Participant, shall mean an unforeseeable emergency that is caused by an event
beyond the control of the Participant that would result in severe financial hardship resulting from any one or more of the following: 
 (a) a sudden and unexpected illness or accident of the Participant, the Participant’s spouse, or a dependent (as defined in Code Section 152(a)) of the Participant; 
 (b) a loss of the Participant’s property due to casualty; or 
 (c) other such extraordinary and unforeseeable circumstances arising as a result of events beyond the Participant’s control.

 Examples of purposes that are not considered to be a Hardship include post-secondary school expenses or the desire to purchase a
residence. Whether a Participant has incurred a Hardship shall be determined by the Committee in its discretion on the basis of all relevant facts and circumstances and in accordance with nondiscriminatory and objective standards, uniformly
interpreted and consistently applied. 
 ARTICLE II 
 Credits to Accounts: Life Insurance 
 2.3 Deferrals. Each Participant may elect, on the
Deferral Election Form, to make Deferrals by directing that his or her fees, salary, bonuses, or other cash compensation be reduced on a pre-tax basis. Participants may elect to defer up to 25% of their salary and up to 100% of any board fees or
cash bonuses. Such elections shall be effective on the January 1 following their Acceptance. Participants may modify or terminate their deferral elections by written notice to the Committee. However, any such modification or termination shall
not be effective until the following January 1, except that a deferral election may be terminated immediately upon the occurrence of an unforeseen hardship (as defined in Article 1.28) or upon the occurrence of a hardship distribution under a
401(k) plan sponsored by the Company. 

 Notwithstanding the foregoing, a Participant who first becomes eligible for the Plan during a Plan Year
may, to the extent permitted under Section 409A of the Code and the regulations thereunder, complete and deliver to the Committee his or her Deferral Election Form within 30 days of becoming eligible for participation in the Plan, in which
event the Deferral Election Form shall apply only to compensation that would otherwise be payable for services performed after such deferral election is made. 
 As soon as practicable after the end of each pay period, the Company shall credit each Participant’s Account with any Deferrals that occurred during the pay period. 
 ARTICLE III 
 Vesting:
Distributions from Accounts 
 3.2 Hardship Distributions from Accounts. In the event a Participant suffers a Hardship, the
Participant may apply to the Committee for an immediate distribution of all or a portion of the Participant’s Account. The amount of any distribution hereunder shall be limited to the amount necessary to relieve the Participant’s Hardship,
plus amounts necessary to pay taxes reasonably anticipated as a result of the distribution, after taking into account the extent to which the Hardship is or may be relieved through reimbursement or compensation by insurance or otherwise, by
liquidation of the Participant’s assets (to the extent the liquidation of such assets would not itself cause severe financial hardship), or by cessation of the Participant’s deferrals under the Plan. The Committee shall determine whether a
Participant has a qualifying Hardship and the amount which qualifies for distribution, if any. The Committee may require evidence of the purpose and amount of the need, and may establish such application or other procedures as it deems appropriate.
If the Committee approves a withdrawal, the Company shall pay the approved amount to the Participant as soon as practicable, and shall treat said amount as a pro-rata reduction from each measure of investment return then in effect under
Section 2.4 of the Plan. 
 3.3 Post-Termination Distributions. The Company shall pay a Participant’s Account in the medium
selected by the Participant on the Distribution Election Form, in substantially equal annual payments over a period of four years (five payments), commencing during the first January that commences after the Participant’s separation from
service (as defined under Section 409A of the Code and the regulations thereunder) for any reason other than Just Cause or death, provided that a Participant may elect on the Distribution Election Form to have his or her Account paid in a lump
sum distribution or in annual payments over a period not exceeding nine years (ten payments). All payments will be made during the month of January. 
 3.4 Distribution Elections. In order to be effective, Acceptance of a Participant’s Distribution Election Form must occur at the time a Participant elects to defer compensation on a Deferral Election Form
pursuant to Section 2.3 of the Plan. Such elections shall apply to the portion of the Participant’s Account that is attributable to Deferrals, and to any Company contributions pursuant to Section 2.2 of the Plan, made while such
Deferral Election Form is in effect. 

 3.5 Death Benefits. If a Participant dies before receiving all Benefits payable pursuant to
Section 3.3, then the remaining vested balance of the Participant’s Account shall be distributed in a lump sum to the Participant’s Beneficiary within 60 days of the Participant’s death, provided that a Participant may elect on
the Distribution Election Form the distribution period elected by the Participant pursuant to Section 3.3 hereof. 
 3.6 Change in
Control. In the event of a Change in Control, the Company and the Participant have the right, but only to the extent permitted under Section 409A of the Code and the regulations thereunder, to mutually agree to limit payments that they
might consider excess “golden parachute payments” as defined under Sections 280G and 4999 of the Code. 
 ARTICLE X

 Amendment and Termination 
 The Board may amend or terminate the Plan at any time, provided that no such amendment or termination shall, without the written consent of an affected Participant, alter or impair either the vested balance credited
to the Participant’s Account or any rights that the Participant has accrued under the Plan. The Company shall not accelerate payment of Participant Accounts as a result of the termination of the Plan, except to the extent desired by the Company
and permitted under Section 409A of the Code and the regulations thereunder. 
 ARTICLE XIV 
 Disputes: Legal Fees 
 14.2
Reimbursement of Legal Fees. In the event that any dispute arises between the Participant and the Company as to the terms or interpretation of this Plan, whether instituted by formal legal proceedings or otherwise, including any action that
the Participant takes to enforce the terms of this Plan or to defend against any action taken by the Company or an Affiliate, the Participant shall be reimbursed for all costs and expenses, including reasonable attorney’s fees, arising from
such dispute, proceedings or actions, provided that the Participant shall obtain a final judgment or settlement substantially in favor of the Participant either in a court of competent jurisdiction or in binding arbitration under the rules of the
American Arbitration Association or in a written settlement of the dispute. Such reimbursement shall be paid within ten (10) days of Participant’s furnishing to the Company written evidence (which may be in the form, among other things, of
a canceled check or receipt, of any costs or expenses incurred by the Participant), but in no event (unless such event would not result in a violation of Section 409A of the Internal Revenue Code and the regulations thereunder) will such
reimbursement be made later than the last day of the calendar year following the calendar year in which the expenses were incurred. Such written evidence must be provided to the Company within six (6) months of any final judgment or settlement.
The amount of expenses eligible for reimbursement during one taxable year does not impact the amount of expenses eligible for reimbursement during any other taxable year. The right to any such reimbursement may not be liquidated or exchanged for
another benefit. 

 ARTICLE XV 
 Duration of Plan 
 Unless terminated earlier in accordance with Article X, this Plan shall
remain in effect during the term of service of the Participants and until all Benefits payable hereunder have been made. 
 IN WITNESS
WHEREOF, the Company hereby executes this restatement of the Sub-Plan on this                      day of
                    , 2008. 
  

			
	Versailles Savings & Loan Company (Company)
		
	By:	 	 
		
	Print Name:	 	 
		
	Title:	 	 

 Sub-Plan Exhibit 1 
 VERSAILLES SAVINGS & LOAN COMPANY 
 DEFERRED COMPENSATION PLAN 

  
  
 Deferral Election Form for Sub-Plan 
  
  
 AGREEMENT, made this ___
day of ____________, 20___, by and between the undersigned participant (the “Participant”) in the Versailles Savings & Loan Company Deferred Compensation Plan (the “Plan”) and Versailles Savings & Loan Company
(the “Company”). 
 WHEREAS, the Company has established the Plan, and the Participant is eligible to participate in said
Plan. 
 NOW THEREFORE, it is mutually agreed as follows: 
 1. By the execution hereof, the Participant makes the elections set forth herein effective – 
  

	 	___	on the January 1st that follows the Committee’s Acceptance of this Deferral Election Form. 

  

	 	___	on the first day of the next calendar month, but only if this election occurs within 30 days after the Participant first becomes eligible for Plan participation.

 2. For the duration of this election (as determined in paragraph 3 below), the Participant elects to defer the receipt of:

  

	 	____%	of the Participant’s base salary (up to 25%). 

  

	 	____%	of the Participant’s director’s fees, bonuses or other cash compensation (up to 100%). 

 3. The Participant recognizes and agrees that this election will continue in effect indefinitely, until the earliest to occur of (a) the effective
date of a subsequent election by the Participant, or (b) the termination of the Participant’s service with the Company. 
 4. By
the execution hereof, the Participant further recognizes and agrees to participate in the Plan upon the terms and conditions set forth therein. 
 5. The Participant further recognizes that unless arbitrary and capricious, any decisions of the Committee with respect to the operation, interpretation, or administration of the Plan or the Participant’s Account will be final and
binding on the Participant and all interested parties. 

 Sub-Plan Exhibit 1 
 IN WITNESS WHEREOF, the parties hereto have hereunto set their hands the day and year first above-written. 
  

									
	Witnessed by:	 		 	PARTICIPANT
			
	 	 		 	 
		 		 		 		 	
			
	Witnessed by:	 		 	VERSAILLES SAVINGS & LOAN COMPANY
				
	 	 		 	By  	 	 
		 		 		 		 	A member of the Board

 Sub-Plan Exhibit 2 
 VERSAILLES SAVINGS & LOAN COMPANY 
 DEFERRED COMPENSATION PLAN 

  
  
 Distribution Election Form for Sub-Plan 
  
  
 AGREEMENT, made this
_____ day of __________, 20___, by and between the undersigned participant (the “Participant”) in the Versailles Savings & Loan Company Deferred Compensation Plan (the “Plan”) and Versailles Savings & Loan
Company (the “Company”) with respect to distribution of the Participant’s benefits under the Plan. 
 NOW THEREFORE, it
is mutually agreed as follows: 
 1. Form of Payment Generally. The Participant, by the execution hereof, agrees to participate in the
Plan upon the terms and conditions set forth therein, and, in accordance therewith, elects to have his or her Account distributed as follows: 
  

	 	 ̈	in a lump sum payable during the first January that commences after the Participant’s separation from service with the Company. 

  

	 	 ̈	in          (up to ten) substantially equal annual payments over a period of ___ (up to nine) years commencing during the first
January that commences after the Participant’s separation from service with the Company. 

 2. Medium of Payment.
Any benefits payable to the Participant shall be paid – 
  

	 	 ̈	in cash only; 

  

	 	 ̈	in cash and any shares of common stock of the Company (or its holding company, if one is formed) that are held in the Plan’s grantor trust for the Participant’s benefit.

 3. Form of Payment to Beneficiary. In the event of the Participant’s death, his or her Account shall be
distributed — 
  

	 	 ̈	in one lump sum payment within 60 days of the Participant’s death. 

  

	 	 ̈	in accordance with the payment schedule selected in paragraph l hereof (with payments made as though the Participant survived to collect all benefits, and as though the Participant
separated from service on the date of his or her death, if payments had not already begun). 

 Sub-Plan Exhibit 2 
 4. Designation of Beneficiary. In the event of the Participant’s death before he or she has collected all of the benefits payable under the
Plan, the Participant hereby directs that any survivorship benefits payable under Article III of the Plan be distributed to the beneficiary or beneficiaries designated under subparagraphs a and b of this paragraph 4 in the medium elected pursuant to
paragraph 2 above: 
 a. Primary Beneficiary. The Participant hereby designates the person(s) named below to be his or
her primary beneficiary and to receive the balance of any unpaid benefits under the Plan. 
  

					
	 Name of 
Primary Beneficiary
	  	Mailing Address	  	Percentage of
Death Benefit
		  		  	%
		  		  	%

 b. Contingent Beneficiary. In the event that the primary beneficiary or
beneficiaries named above are not living at the time of the Participant’s death, the Participant hereby designates the following person(s) to be his or her contingent beneficiary for purposes of the Plan: 
  

					
	 Name of 
Contingent Beneficiary
	  	Mailing Address	  	Percentage of
Death Benefit
		  		  	%
		  		  	%

 With respect to the elections in paragraph 4 hereof, the Participant may, by submitting an
effective superseding Beneficiary Designation at any time and from time to time, prospectively change the beneficiary designation. Such elections shall, however, become irrevocable upon the Participant’s death. 
 5. Mutual Commitments. The Company agrees to make payment of all amounts due the Participant in accordance with the terms of the Plan and the
elections made by the Participant herein. The Participant agrees to be bound by the terms of the Plan, as in effect on the date hereof or properly amended hereafter. 

 Sub-Plan Exhibit 2 
 6. Tax Consequences to Participant. The Participant acknowledges that he or she is solely responsible for the satisfaction of any taxes that may
arise under the Plan (including any taxes arising under Sections 409A or 4999 of the Code). The Participant understands that neither the Company nor the Committee shall have any obligation whatsoever to pay such taxes or to prevent the Participant
from incurring them. 
 IN WITNESS WHEREOF, the parties hereto have hereunto set their hands the day and year first above-written.

  

									
	Witnessed by:	 		 	PARTICIPANT
			
	 	 		 	 
		 		 		 		 	
			
	Witnessed by:	 		 	VERSAILLES SAVINGS & LOAN COMPANY
				
	 	 		 	By	 	 
		 		 		 		 	A duly authorized Committee Member

 Sub-Plan Exhibit 3 
 VERSAILLES SAVINGS & LOAN COMPANY 
 DEFERRED COMPENSATION PLAN 

  
  
 Investment Election Form for Sub-Plan 
  
  
 WHEREAS, Versailles
Savings & Loan Company (the “Company”) has established the Versailles Savings & Loan Company Deferred Compensation Plan (the “Plan”), and the undersigned participant therein is eligible to make an investment
election pursuant to Section 2.4 of the Plan. 
 NOW THEREFORE, the Participant hereby elects as follows: 
 1. The Participant directs that any amounts credited to his or her Account under the Plan will appreciate or depreciate from the effective date hereof,
as though they were invested as follows: 
  

	 	_____%    	in one-year certificates of deposit of the Company. 

  

	 	_____%    	in a fund having a yield equal to the Company’s most recent ROAE. 

 2. The investment election made in the prior paragraph shall be effective on the next following January 1st, and shall remain in effect until the December 31st that immediately follows the Committee’s receipt of a properly executed superseding investment election by the
Participant. 
 IN WITNESS WHEREOF, the Participant has executed this form on the ___ day of
                     20___. 
  

									
	Witnessed by:	 		 	PARTICIPANTExhibit 10.5

 Exhibit 10.5 
 FIRST AMENDMENT TO 
 VERSAILLES SAVINGS & LOAN COMPANY 
 DEFERRED COMPENSATION PLAN 
 2005 SUB-PLAN

 This First Amendment (the “Amendment”) to the 2005 Sub-Plan of the Versailles Savings & Loan
Company (the “Company”) Deferred Compensation Plan, as amended and restated effective as of January 1, 2005, (as amended, the “Plan”) is dated and is effective as of August 21st, 2009. Capitalized terms which are not defined herein shall have the same meaning as set forth in the Plan. 
 W I T N E S S E T H: 
 WHEREAS, in connection
with the Company’s conversion from mutual to stock form (the “Conversion”) and the related offering of shares of common stock (the “Offering”) by Versailles Financial Corporation (the “Holding Company”), the Board
of Directors of the Company (the “Board”) desires to amend the Plan to provide Participants with a one-time opportunity to direct that amounts deferred or credited to their Accounts be used to purchase common stock of the Holding Company
(“Common Stock”) in the Offering and that no Common Stock may be purchased on behalf of Participants subsequent to the Offering; 
 WHEREAS, the Board desires to amend the Plan to provide that Participants that elect to purchase Common Stock will not be allowed to diversify their investment and such investment must be distributed in the form of Company Stock in order to
preserve favorable accounting treatment; 
 NOW, THEREFORE, in consideration of the premises, the mutual agreements herein set forth and such
other consideration the sufficiency of which is hereby acknowledged, the Board hereby amends the Plan as follows: 
 Section 1.
Amendment to Section 1.2 of the Plan. Section 1.2 of the Plan is hereby amended to read in its entirety as follows: 
 “1.2 “Account” shall mean a bookkeeping account maintained by the Company in the name of each Participant. Each Participant’s Account shall consist of the following sub-Accounts: (i) Cash Account, a sub-account that
is credited with all investments other than assets credited to the Stock Units Account; (ii) Stock Units Account, a sub-account that is credited with Stock Units; and (iii) such other sub-accounts as the Committee may deem necessary. The
Stock Units Account (i) may not be diversified; (ii) must remain at all times credited with units that represent Company Stock; and (iii) must be distributed solely in the form of Company Stock. A Participant’s Account shall be
utilized solely as a device for the measurement and determination of any benefits payable to the Participant pursuant to this Plan. A Participant shall have no interest in his Account, nor shall it constitute or be treated as a trust fund of any
kind.” 

 Section 2. New Section 1.28 of the Plan. Section 1.28 of the Plan is hereby added
to read as follows: 
 “Stock Units” shall mean shares of Company Stock, with each Stock Unit representing one share of Company
Stock. 
 Section 3. New Article IIA of the Plan. Article IIA of the Plan is hereby added to read as follows: 
 “2A.1 General. Amounts credited under this Plan will be credited to one or more bookkeeping accounts (including the Cash Account
and/or the Stock Units Account) for the Participant in accordance with the Participant’s investment election (subject to the ability of the Committee to override the investment election at its sole discretion) on an investment election form
supplied by the Company (the “Investment Election Form”), a copy of which is attached as Exhibit 4. All amounts credited to an Account prior to the date of this Amendment shall be credited to the Cash Account. The Participant’s
ultimate deferred compensation payments shall be based on the aggregate value of the Cash Account and the aggregate number of Stock Units accrued in the Stock Units Account (and any other sub-accounts) determined as hereinafter set forth:

 (a) Stock Units Account – One-Time Election/Opportunity. In connection with the Offering, a Participant may elect that
all or any part of amounts contributed to his or her account be credited to the Stock Units Account (“Amount Invested”). A Participant may not make any such election following the Offering. All amounts credited to the Stock Units Account
shall be applied to the crediting of Stock Units. The number of Stock Units credited to a Participant’s Stock Units Account shall equal the Amount Invested divided by the fair market value of one share of Company Stock as of the date of the
Offering. Fractional Stock Units will be used. Each Stock Unit shall be deemed to pay dividends as if it were one share of Company Stock, and any such deemed dividends will result in the crediting of additional Stock Units to the Stock Units Account
on each December 31, with the number of Stock Units so credited to be calculated based on the fair market value of one share of Company Stock as of the date of each dividend payment. After the crediting of Stock Units to the Stock Units
Account, subsequent fluctuations in the fair market value of the Company Stock shall not result in any change in the number of such Stock Units then credited to the Stock Units Account. 
 (b) Cash Account. Any amount that a Participant does not elect to be credited to the Stock Units Account shall remain in his or her account
Cash Account and such amounts shall continue to be credited with an investment return as specified in Section 2.4 of the Plan. 
 (c) In
the event of any change in the outstanding shares of the Holding Company by reason of any stock dividend or split, recapitalization, merger, consolidation, spin-off, reorganization, combination or exchange of shares or other similar corporate
change, then the Stock Units Account of each Participant shall be adjusted by the Committee in a reasonable manner to compensate for the change, and any such adjustment by the Committee shall be conclusive and binding for all purposes of the Plan.

  

 2 

 (d) Neither a Participant nor the Committee are permitted to transfer amounts between the Cash Account
and the Stock Units Account, with the exception that Participants will be given the ability in connection with the mutual to stock conversion of the Company to transfer amounts from the Cash Account to the Stock Units Account. 
 Section 4. Amendment to Section 2.3 of the Plan. Section 2.3 of the Plan is hereby amended to add the following sentence
immediately after the last sentence of Section 2.3: 
 “All references to Deferrals shall include any compensation paid by the
Company and/or the Holding Company.” 
 Section 5. Amendment to Section 3.3 of the Plan. Section 3.3 of the Plan
is hereby amended to add the following sentence immediately after the last sentence of Section 3.3: 
 “Any distribution from the
Stock Units Account must be solely in the form of whole shares of Company Stock and cash will not be distributed in lieu of fractional shares.” 
 Section 6. Effectiveness. Notwithstanding anything to the contrary contained herein, this Amendment shall be subject to the consummation of the Conversion and Offering. In the event the Conversion and
Offering does not occur, this Amendment shall be deemed null and void. 
 Section 7. Governing Law. This Amendment and the rights
and obligations hereunder shall be governed by and construed in accordance with the laws of the State of Ohio. 
 IN WITNESS WHEREOF, the
Company has duly executed this Amendment as of the day and year first written above. 
  

			
	VERSAILLES SAVINGS & LOAN COMPANY
		
	By:	 	/s/ Douglas P. Ahlers
	Name:	 	Douglas P. Ahlers
	Title:	 	President and Chief Executive Officer

  

 3 

 Exhibit 4 
 VERSAILLES SAVINGS & LOAN COMPANY 
 DEFERRED COMPENSATION PLAN 
 2005 SUB-PLAN  
  
  
 Investment Election Form for
One-Time Opportunity 
 To Invest in the Stock Units Account 
  
  
 I acknowledge receipt of a copy of the 2005 Sub-Plan of the Versailles Savings & Loan Company Deferred Compensation Plan and the First Amendment
to the Plan (collectively, the “Plan”) and I understand that the Plan and this Investment Election Form constitute a binding agreement between myself and the Company. I further acknowledge that I have no rights to any benefits under the
Plan until the time of distribution pursuant to the provisions of the Plan. Any capitalized terms used in this Investment Election Form but not otherwise defined herein shall have the meanings set forth in the Plan. 
 The First Amendment provides that you may elect that all or any part of amounts contributed to your account be used to purchase common stock of
Versailles Financial Corporation (the “Common Stock”) on the date of the Conversion. The Common Stock will be held in a Stock Units Account on your behalf and the fair market value of a Stock Unit will equal the fair market value of a
share of Common Stock. 
 The First Amendment provides that the Stock Units Account may not be diversified (i.e., it may not be converted to
cash or any other investment) and a distribution from the Stock Units Account must be in the form of Common Stock. 
 The First Amendment
provides that after the Conversion, you will not be able to elect to have any additional amounts contributed to the Stock Units Account. Consequently, you have a one-time opportunity to use your account balance to purchase Common Stock in the
Offering. If you do not wish to make such an election, you do not need to return this form. 
 I hereby elect to use my account balance to
purchase the following amount of Common Stock at the time of the Offering (the amount may not exceed the maximum amount provided in the prospectus): 
 $___________________ of Common Stock of Versailles Financial Corporation. 
  

 1 

			
	PARTICIPANT
		
	Signature:	 	 
		
	Printed Name:	 	 

 The Committee hereby accepts this Investment Election Form. 
  

			
		
	Signature:	 	 
		
	Printed Name:	 	 
		
	Date Received:	 	 

  

 2

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