Document:

Exhibit 10.2

 

 

CONSULTING AGREEMENT

 

This Consulting Agreement
is among The Citizens Bank of Logan, Ohio (“Bank”), Citizens Independent Bancorp, Inc. (“Citizens”) (collectively
the Bank and Citizens are referred to hereinafter as “Company”) and Donald P. Wood, an individual (“Consultant”).
Company and Consultant agree as follows:

 

1.  Services
and Compensation.

 

(a)  The Company
intends to engage in a capital raising initiative and believes that Don Wood as the Chairman of the Board of the Company is best
suited to lead this effort because of his substantial contacts, reputation and standing in the community. It is expected that Consultant
will spend most of his working time heading up these efforts for the Company including, but not limited to, assisting in the preparation
and distribution of an Offering Circular and Registration Statement to be filed with the SEC, identifying potential investors,
meeting with potential investors to discuss their participation in the offering, ensuring that investor questions are answered
and ensuring that all paper work (i.e., subscription agreements) are properly completed and submitted (collectively the “Services”).

 

(b)  Company
desires to engage Consultant to perform the Services.

 

(c)  As compensation
for the Services, Company will pay Consultant $10,000 per month during the term of this Agreement.

 

2.  Confidentiality.  Consultant
agrees that any and all Confidential Information (as defined below) regarding the Company will be held in strictest confidence
and will not be used by Consultant or disclosed to any third party at any time. “Confidential Information” will include
all information regarding the Bank and/or Citizens or any of their affiliates which has not been publicly disclosed. If Consultant
is requested or required (by oral questions, interrogatories, requests for information or documents, subpoenas, civil investigative
demand, or similar process) to disclose any Confidential Information, Consultant will provide the Bank and Citizens with prompt
notice so that the Bank and/or Citizens may seek a protective order or other appropriate remedy and/or waive Consultant’s
compliance with the provisions of this Agreement.

 

3. Intellectual
Property Ownership.  Consultant agrees that the Bank and/or Citizens (as the case may be) shall own all right,
title and interest in and to any Confidential Information or intellectual property (if any) created by Consultant in connection
with the services performed by Consultant under this Agreement.

 

5.  Obligations of Consultant.  Consultant
will promptly advise Company of any Confidential Information or intellectual property created in connection with the services hereunder
and Consultant shall execute any such further instruments and provide such further assistance, without further charge, as Company
may request to establish, register, maintain, protect or defend its right in and ownership of any such Confidential Information
and/or intellectual property.

 

6.  Representations of Consultant.  Consultant
represents and warrants that: (a) Consultant has the full power and capacity to enter into this Agreement and the performance of
this Agreement will not violate any agreement or obligation of Consultant; and (b) Consultant agrees to perform the services to
be performed under this Agreement in compliance with all applicable laws, regulations and ordinances.

 

9.  Term
and Termination.  This Agreement shall commence on May 1, 2013 and shall continue until the earlier of (i) the
termination of this Agreement by one of the parties hereto as specified below or (ii) the completion of the capital raising initiative
(the “Term”). The Bank, Citizens and/or Consultant may terminate this Agreement at any time for any reason with or
without cause.

 

10.  Miscellaneous.  This
Agreement contains the entire understanding of the parties hereto and supersedes all prior agreements or understandings and may
not be modified or terminated except in a writing signed by an authorized representative of the Bank and Citizens. If any provision
of this Agreement is held to be void, invalid, unenforceable or illegal by a court, the remaining provisions will remain valid
and enforceable. Failure to enforce 

 

    	-1-

    	 

    

 

any provision of this Agreement will not constitute or be construed as a waiver of such provision
or of the right to enforce such provision. Any rule of construction disfavoring the drafting party shall not apply in the construction
of any provision of this Agreement. This Agreement may be executed in separate counterparts. This Agreement shall be binding upon
the permitted successors and assigns of all parties and shall be governed by and construed and enforced in accordance with the
laws of the State of Ohio applicable to agreements made and to be performed in Ohio, without regard to conflicts of laws principles.

 

This Agreement is executed
by the parties effective as of the following date: May 1, 2013.

 

	 	THE CITIZENS
BANK OF LOGAN, OHIO

	 
	 	By:	/s/
    Ronald R. Reed	 
	 	Name:	Ronald
    R. Reed	 
	 	Title:	President and CEO
        
	 
	 	 	 	 
	 	 	 	 
	 	CITIZENS INDEPENDENT BANCORP, INC. 

	 
	 	 	 	 
	 	By:	/s/
    Ronald R. Reed	 
	 	Name:	Ronald R. Reed

	 
	 	Title:	President and CEO	 
	 	 	 	 
	 	 	 	 
	 	CONSULTANT	 
	 	 	 
	 	/s/ Donald P. Wood	 
	 	Donald P. Wood, individually	 

 

    	-2-Exhibit 10.3

 

THE CITIZENS BANK OF LOGAN

MANAGEMENT EMPLOYMENT AGREEMENT

 

This is an Agreement
by and between The Citizens Bank of Loan, and Ohio corporation with its principal place of business located at 188 West Main Street,
P.O. Box 591, Logan, Ohio 43138 (“the Citizens Bank”) and John Demmler, and individual with a mailing address at 13476
St Rt 664 South, Logan, Ohio 43138 (“Employee”).

 

Background

 

Citizens Bank and
Employee desire to enter into a written employment agreement specifying the terms, duties, benefits and restrictions of Employee’s
employment with Citizens Bank.

 

The Parties Agree as Follows:

 

§1.          Term
of Employment.

 

Citizens Bank hereby
employs Employee and Employee hereby accepts employment with Citizens Bank, effective on the date this Agreement is signed by both
parties, and if on separate dates, the later of those dates. (“Effective Date”). Employee’s employment shall
continue unless terminated in accordance with the provisions of Section 4 (“Termination”) below.

 

§2.          Compensation.

 

A.           Salary.
In consideration of the services to be rendered by Employee during the term of his employment, Citizens
Bank shall pay Employee annual compensation of One hundred thirty thousand dollars ($130,000.00), which shall be payable in equal
bi-weekly installments, or otherwise in accordance with the standard payroll practices of Citizens Bank (“Salary”).
Such Salary shall be subject to review and modification by Citizens Bank, in Citizens Bank’s sole discretion, during the
term of this Agreement. Notwithstanding anything to the contrary in this Agreement, any decrement in Employee’s compensation
shall be considered an adverse action against the employee and shall result in the right of the Employee to elect to terminate
this Agreement within thirty days of the adverse action and the Employee shall be entitled to receive a severance payment in an
amount equal to six (6) months compensation for the period following the date of termination in accordance with the standard payroll
policies of Citizens Bank.

 

B.           Signing
Bonus. Upon execution of this Agreement by both parties, Citizens Bank shall pay to Employee
the gross sum of Seven Thousand Dollars ($7,000.00) as a signing bonus, less any and all applicable withholdings (“Signing
Bonus”). Employee agrees that should he resign from his employment with Citizens Bank within 365 calendar days of the Effective
Date of this Agreement, or if Citizens Bank terminates the Employee’s employment with Cause (as defined below) within 365
calendar days of the Effective Date of this Agreement, then the Employee shall return to Citizens Bank a prorated amount of the
Signing Bonus paid to him, and if the Employee is required to return the Signing Bonus as set forth herein, he shall do so no later
than seven business days after his last day of employment with Citizens bank.

 

C.           Additional
Benefits. During his employment with Citizens Bank, Employee shall be entitled to the
rights, benefits and privileges including health insurance, disability insurance, vacation, sick leave, retirement savings plan,
and such other fringe benefits that Citizens Bank may from time to time provide to its employees. During the initial three weeks
of employment, the Employee shall be provided flexible working hours to allow for an appropriate and fair transition from his previous
employer, Ohio University. It is acknowledged that Employee may be required to be absent from work at Citizens Bank for several
days during this initial transition. Citizens Bank agrees that these days shall not be deducted from Employee’s allotted
days of paid time off as part of the benefits provided by Citizens Bank.

 

    	 

    	 

    

 

§3.     Duties
and Responsibilities.

 

Employee agrees to
serve on a full-time basis in such managerial capacities, perform such managerial duties, and assume such managerial responsibilities
as may from time to time reasonably be assigned to him by the President of Citizens Bank or as may be required of Employee’s
position. The Employee shall hold the officer title of Senior Vice President and Chief Risk Administration and Lending Officer.

 

The Employee shall
devote sufficient time, attention and energy to the business of Citizens Bank to fully perform his duties, and shall use his best
efforts, skills and diligence in the conduct of the employment. The Employee shall devote his entire time, attention and effort
to the business of Citizens Bank, and shall not during the term of this Agreement be engaged in any other business activity which
is the same or substantially similar to that of Citizens Bank, whether or not such activity is pursued for gain, profit, or other
pecuniary advantage. Citizens Bank acknowledges that the Employee is a university professor and independent consultant and may
from time-to-time, outside of regular business hours of Citizens Bank, engage in teaching and consulting work related to curriculum
design and education. Notwithstanding anything to the contrary in this Agreement, any intellectual property or work product resulting
from Employee’s involvement in teaching and educational consulting shall remain the exclusive property of the Employee.

 

§4.     Termination.

 

This Agreement shall
terminate in the event of Employee’s death, resignation, or in the event the Employee suffers a disability that results in
Employee’s inability to perform substantially all of the essential functions of his job for a period of ninety (90) consecutive
days and/or for a total of one-hundred and twenty days (120) within any period of three-hundred and sixty-five (365) days. This
Agreement also may be terminated by Citizens Bank or the Employee with or without cause upon 60 days notice, subject to the provisions
set forth below. This Agreement may be terminated immediately by Citizens Bank of Cause in the event Employee:

 

A.    Violates
a material term of this Agreement or any other material contractual obligation owed to Citizens Bank;

 

B.    Fails
to perform his duties under this Agreement in a manner deemed acceptable by Citizens Bank, acting in good faith, after thirty (30)
days written notice and opportunity to cure has been provided to Employee;

 

C.   Undertakes
actions contrary to the best interest of Citizens Bank, as determined by Citizens Bank, acting in good faith;

 

D.   Commits
fraud against Citizens Bank, or commits an ethical violation, which adversely affects Citizens Bank or his ability to perform his
duties;

 

E.    Is
charged, indicted, or convicted of a violation of state or federal law, other than minor traffic violations; or

 

    	 

    	 

    

 

F.    Is
negligent in the performance of his duties as an Employee.

 

Upon any such termination,
Citizens Bank shall pay to Employee or his estate all Salary and other compensation accrued but unpaid as of the date of such termination;
provided, however, that if Citizens Bank elects to terminate Employee’s employment without cause, Employee shall be
entitled to receive a severance payment in an amount equal to six (6) months period following the date of termination in accordance
with the standard payroll policies of Citizens Bank

 

§5.     Severance
Upon Termination Or Resignation Following A Material Change in Ownership.

 

If Employee resigns
or is terminated within six (6) months of a material change in ownership of Citizen Bank, as defined below, Citizens Bank shall
pay to Employee in a lump sum within 30 days after the Date of Termination the following amounts:

 

A.    To
the extent not theretofore paid, Employee’s base salary through the Date of Termination at the rate in effect on the date
the Notice of termination was given along with any earned but unpaid bonuses; and,

 

B.    A
payment equal to two years of Employee’s then current Salary.

 

For purposes of this
Agreement, a material change in ownership shall be deemed to have occurred only if:

 

(a)     Any
person or group (as such terms are used in Sections 13 (d) (3) and 14 (d) (2) of the Securities Exchange Act of 1934, as amended)
The “Exchange Act” acquires the beneficial ownership (within the meaning of Rule 13d-3 promulgated under the Exchange
Act), directly or indirectly, of 50% or more of the aggregate voting power of all classes of Citizens Bank’s then outstanding
voting securities entitled to vote generally in the election of directors of the Corporation; provided, however, that the following
acquisitions shall not constitute a material change in control: (i) any acquisition directly from Citizens Bank (excluding an acquisitions
by virtue of the exercise of a conversion privilege), (ii) any acquisition by Citizens Bank or any subsidiary of Citizens Bank,
or (iii) any acquisition by any employee benefit plan (or related trust) for employees or any subsidiary of Citizens Bank; or

 

(b)     Individuals
who, as of the date hereof, constitute the Board of Directors of the Corporation (the “Board” generally, and as of
the date hereof, the “Incumbent Board”) cease for any reason to constitute at least a majority of the Board, provided
that any person becoming a director subsequent to the date hereof whose election, or nomination for election by Citizens Bank’s
stockholders, was approved by a vote of at least two-thirds of the directors then comprising the Incumbent Board (other than an
election or nomination of an individual whose initial assumption of office is in connection with an actual or threatened election
contest relating to the election of the directors of Citizens Bank, as such terms are used in Rule 14a-11 of Regulation 14A promulgated
under the Exchange Act) shall be, for purposes of this Agreement, considered as though such individual were a member of the Incumbent
Board; or

 

    	 

    	 

    

 

(c)     Approval
by Citizens Bank of a reorganization, merger, combination, or consolidation, in each case, unless, following such reorganization,
merger, combination or consolidate, (i) more than 50% of, respectively, the then outstanding shares of common stock of Citizens
Bank or other entity resulting from such reorganization, merger, combination or consolidation and the aggregate voting power of
the then outstanding voting securities of the resulting corporation or other entity entitled to vote generally in the election
of directors is then beneficially owned, directly or indirectly, by all or substantially all of the individuals and entities who
were the beneficial owners, respectively, of the outstanding Common Stock and outstanding voting securities of Citizens Bank immediately
prior to such reorganization, merger, combination or consolidate, in substantially the same proportion as their ownership immediately
prior to such reorganization, merger, combination, or consolidate, and (ii) at least a majority of the members of the board of
directors of Citizens Bank or other entity resulting from such reorganization, merger, combination or consolidate were members
of the Incumbent Board at the time of the execution of the initial agreement providing for such reorganization, merger, combination
or consolidate.

 

§6.     Confidentiality
Restrictions On Employee.

 

A.     Confidential
Information. The Employee recognizes that customer and client lists; systems and methods of
operation, lending, and marketing; business plans and forms; financial information; training materials; agreements; employee records;
policies and lending schedules; vendor/supplier lists and purchase information; and plans, processes, designs, developments, techniques,
improvements, procedures, specifications and ideas developed or utilized by Citizens Bank are essential to its future and are accordingly
agreed and deemed to be Confidential Information, privileged and proprietary to Citizens Bank, and will treated confidentially
by Employee. Therefore, in consideration of the Agreement and the position of trust and responsibility which the Employee assumes
and which may result from time to time in the Employee’s access to such confidential information, the Employee agrees to
the following covenants, terms and conditions.

 

B.     Nondisclosure.
The Employee will not, either during his employment or thereafter, except as authorized by Citizens Bank in writing, disclose to
any others, use for his own benefit, or otherwise appropriate, copy or reproduce, or make notes, of any Confidential Information,
or any other knowledge or information obtained during the course of his employment with Citizens Bank

 

C.     Confidential
Information of Others. Employee also agrees to comply with and be bound by any nondisclosure agreements by which
Citizens Bank agrees or is obligated to protect confidential information for the benefit of any customer, client, or third party.
The sole exception to the Agreement relates to such limited disclosure to other employees of Citizens Bank which is absolutely
necessary to their performance of services for Citizens Bank.

 

D.     Discoveries
and Improvements. The Employee will disclose promptly to Citizens Bank and does assign and agrees to assign to Citizens
Bank, free from any obligation to the Employee, all of his rights, titles and/or interest in and to any and all discoveries, improvements,
extension or advancements made, conceived, devised, developed or perfected by him or her during the term of his employment, whether
during working hours or not.

 

E.      Duty
Upon Termination of Employment.

 

(1)         Upon
termination of the Employee’s employment with Citizens Bank, for whatever reason and irrespective of whether the termination
is voluntary or involuntary on his part, the Employee will deliver to Citizens Bank all records, data, memoranda, software, manuals,
notes and other material of any nature which are in his possession or control and which relate to Citizens Bank or its customers.

 

(2)         The
Employee agrees to retain in the strictest confidence all Confidential Information after the termination of his employment with
Citizens bank, for whatever reason and irrespective of whether said termination is voluntary or involuntary on his part.

 

    	 

    	 

    

 

(3)         The
Employee agrees that upon termination of his employment Citizens Bank may, if it deems it advisable, serve notice by mail upon
the Employee’s new employer that the Employee has been exposed to certain Confidential Information and that he has a continuing
obligation under the terms of this Agreement not to disclose such information, provided only that the Employee receives a cop of
such letter.

 

F.      Other
Employees. During Employee’s employment, and for a period of one (1) year after the termination of the Employee’s
employment, for any reason and whether with or without cause, Employee will not employ or seek to employ (for Employee’s
own part or on behalf of or for the benefit of any other person or entity) any person who is or has been employed by Citizen’s
Bank, and will not, directly or indirectly, induce any such person to leave employment with Citizens Bank unless the Employee has
obtained the prior written consent of Citizens Bank.

 

G.     Enforcement.
The covenants contained in the Agreement, including but not limited to those in Section 6, above, shall be construed as independent
or any other provisions or shall be construed as independent of any other provisions or covenants, and the existence of any claim
or cause of action of the Employee against Citizens Bank, whether predicated on this Agreement or otherwise, or the actions of
Company with respect to enforcement of similar restrictions as to other employees, shall not constitute a defenses to the enforcement
by Citizens Bank of such covenants.

 

The Employee acknowledges
and agrees that Citizens Bank has invested great time, effort and expense in its business and reputation and that the services
performed by Employee, and the information to be divulged to the Employee, are unique and extraordinary, and agrees that Citizens
Bank shall be entitled, upon a breach of this Agreement, to injunctive relief against such activities, or any other remedies available
to Citizens Bank at law or equity. Any specific reith5t or remedy set forth in this Agreement, legal, equitable or otherwise, shall
not be exclusive but shall be cumulative upon all other rights and remedies set forth herein, or allowed or allowable by this Agreement
or by law. The failure of Citizens Bank to enforce any of the provisions of this Agreement, or the provisions of any agreement
with any other Employee, shall not constitute a waiver or limit any of Citizens Bank’s rights.

 

H.     Consideration.
It is acknowledged by Employee that the compensation to be paid according to Section 2 above, and the offer of employment contained
herein, represents adequate compensation and consideration in return for the various commitments made by Employee in this agreement,
including but not limited to the restrictions set forth in Section 6 above.

 

§7.     Representations.

 

The Employee’s
employment, subject to the continuing restrictions herein, may be terminated at any time by either party, with or without cause.
Employee acknowledges and agrees that no representative of Citizens Bank, other than its President by written instrument, has any
authority to enter into any agreement or to make any representations contrary to the foregoing, and no such oral agreements or
representations will be relied upon by the Employee. In addition to the foregoing provisions of this Agreement, upon the Employee’s
termination, the Employee shall cease all identification of the Employee with Citizens Bank and/or the business or services of
Citizens Bank, and the use of Citizens Bank’s name, trademarks or trade names.

 

§8.     Entire
Agreement.

 

This Agreement comprises
the entire agreement between the parties relating to the subjects discussed herein and supersedes, cancels, and annuls any and
all prior agreements or understandings between the parties. This Agreement may not be modified orally. This Agreement shall inure
to the benefit of Citizens Bank, its successors and assigns.

 

    	 

    	 

    

 

§9.     Governing
Law; Forum.

 

This Agreement has
been drawn and executed and will be performed in the State of Ohio. All questions governing the construction, validity and enforcement,
or otherwise, of this Agreement shall be judged and resolved in accordance with the laws of Ohio, without reference to conflict
of laws and any dispute or claim relating directly or indirectly to the terms of this Agreement shall be heard by the state or
federal court of competent jurisdiction over Hocking County, Ohio.

 

§10.   Severability.

 

This agreements, covenants
and conditions herein contained on the part of the Employee shall be deemed severable and each agreement covenant and condition
of the Employee hereunder shall be valid and enforceable even though any other agreement, covenant or condition may or may not
be valid and enforceable for any reason. The existence and/or prosecution of any claim or cause of action by the Employee against
Citizens Bank, whether predicated upon this Agreement or otherwise, shall not constitute a defense or a set-off to the enforcement
by Citizens Bank of any of the agreements, covenants or conditions of this Agreement.

 

§11.   Assignment.

 

This Agreement is based
on the personal services of Employee and his rights and obligations hereunder shall not be assignable by Employee. The rights and
obligations of Citizens Bank under this Agreement shall inure to the benefit of and shall be binding upon Citizens Bank, and Employee
hereby consents to the assignment of this Agreement, without releasing Citizens Bank from its obligations hereunder, to (i) any
parent or subsidiary of Citizens Bank, or (ii) any entity owned, directly or indirectly, in whole or in part, by any shareholder
of Citizens Bank.

 

IN WITNESS WHEREOF,
the parties have executed this Agreement on the ate first set forth above.

 

	EMPLOYEE	 	COMPANY
	 	 	The Citizens Bank of Logan
	 	 	 	 
	/s/John E. Demmler	 	By:	/s/ Bryan K. Starner
	 	 	 	 	 
	Date:	2-10-11	 	Bryan K. Starner, Pres/CEO
	 	 	(Print Name and Title)
	 	 	 	 
	 	 	2/4/11
	 	 	 	(Date)

 

    	 

    	 

    

 

MUTUAL CONFIDENTIALITY
AGREEMENT

 

THIS AGREEMENT made
this 1st  day of February, 2011, by and between The Citizens Bank of Logan, an Ohio banking corporation having its
principal offices at 188 West Main Street, Logan, Ohio 43138 (the “Bank”), and John Demmler, an individual having an
address at Logan, Ohio 43138 (Demmler). As used in this Agreement, “Parties” shall refer to the Bank and Demmler collectively,
and “Party” shall refer to the Bank and Demmler individually.

 

WITNESSETH:

 

WHEREAS, the Parties
desire to enter into negotiations regarding the potential employment of Demmler by the Bank (the “Negotiations”); and

 

WHEREAS, in connection
with the Negotiations, Demmler may receive certain non-public or confidential information regarding the Bank and its affiliates,
including, without limitation, information relating to the management, operation, financial condition and/or regulation of the
Bank and its affiliates (collectively, “Confidential Information”); and

 

WHEREAS, as a condition
to furnishing any Confidential Information to Demmler, the Bank is requiring that Demmler agree to keep such Confidential Information
confidential; and

 

WHEREAS, as a condition
to entering into the Negotiations, Demmler is requiring that the Bank agree to keep the Negotiations (including the existence thereof)
confidential;

 

NOW THEREFORE, in
consideration of the mutual covenants and agreements set forth in this Agreement, the Parties agree as follows:

 

1.     Demmler
agrees to maintain as confidential any and all Confidential Information furnished to him/her by the Bank or its representatives,
including, without limitation, its directors, officers, employees, agents, accountants, consultants, counsel, advisors and regulators
(collectively, “Representatives”), and shall not disclose such Confidential Information to any other person; provided,
however, that the obligation to maintain the confidentiality of such Confidential Information shall not extend to information which
(i) is or becomes generally available to the public other than as a result of a disclosure by Demmler (ii) is or becomes available
to Demmler from a source other than the Bank or its Representatives, provided that such source is not, and was not, bound by a
confidentiality agreement with the Bank or its Representatives, or (iii) was available to Demmler on a nonconfidential basis prior
to disclosure.

 

2.     Notwithstanding
any provision of this Agreement to the contrary, if Demmler is requested or required in a judicial, administrative or governmental
proceeding to disclose (by deposition, interrogatory, request for documents, subpoena, civil investigative demand or similar process)
any Confidential Information contemplated by this Agreement, Demmler agrees to provide the Bank with Prompt written notice of such
request and all related proceedings so the Bank may seek an appropriate protective order or take any other action. If, as a result
of any such request or requirement, Demmler is compelled to disclose Confidential Information to any tribunal or else stand liable
for contempt or other censure or penalty, Demmler may disclose only that portion of the Confidential Information which he/she is
advised by legal counsel in writing is legally required to be disclosed, (ii) shall use his/her best efforts to obtain assurance
that confidential treatment will be accorded such Confidential Information, and (iii) shall not be liable for such disclosure if
Demmler complies with the notice provision of this paragraph, unless such disclosure was caused by, or resulted from, a previous
disclosure by Demmler not permitted by this Agreement.

 

    	 

    	 

    

 

3.     In
the event that the Negotiations do not result in the employment of Demmler by the Bank, upon the
request of the Bank, Demmler shall promptly deliver to the Bank all Confidential Information in his/her possession or control,
without retaining any copy whatsoever. In the event such a request is made, Demmler shall deliver to the Bank a certificate signed
by him/her certifying that all such Confidential Information has either (i) been delivered to the Bank or (ii) been destroyed.

 

4.     Without
the prior written consent of Demmler the Bank agrees that, until Demmler is employed by the Bank, it will not, and will direct
its Representatives not to, disclose to any person the fact that the Negotiations are taking place or any of the terms, conditions
or other facts with respect to the Negotiations.

 

5.     Each
Party agrees that money damages would not be an adequate remedy for any breach of this Agreement and that each Party is entitled
to specific performance and injunctive relief in the event of any breach of the provisions of this Agreement and that such Party
shall not oppose the granting of such relief. Such remedies shall not be deemed to be the exclusive remedies for the breach off
this Agreement, but shall be in addition to all other remedies available at law or in equity.

 

6.   This
Agreement shall inure to the benefit of each Party and shall be enforceable by each Party and its respective successors and assigns.
This Agreement and any portion or provision hereof may be modified or waived only by an express written modification or waiver
signed by the Parties. A Party’s failure or delay to exercise any right, power, or privilege (collectively, “Rights”)
under this Agreement shall not operate as a waiver of such Right. A Party’s single or partial exercise of any Right shall
not preclude any further exercise of that Right or any other Right.

 

7.   This
Agreement shall be governed by, and construed in accordance with, the laws of the State of Ohio. This Agreement may be executed
in counterparts. Any judicial proceeding brought against a Party regarding any dispute arising out of this Agreement or any matter
related hereto may be brought in the courts of the State of Ohio. By execution and delivery of this Agreement, each Party accepts
the exclusive jurisdiction of such courts and irrevocably agrees to be bound by any judgment rendered thereby in connection with
this Agreement or any matter related hereto.

 

IN WITNESS WHEREOF,
the parties hereto have caused this Mutual Confidentiality Agreement to be executed on the day and year set forth in the first
paragraph above.

 

	/s/ John E. Demmler	 	THE CITIZENS BANK OF LOGAN
	John Demmler	 	 
	 	 	 
	 	 	/s/ Bryan K. Starner
	 	 	By:       Bryan K. Starner
	 	 	Title:    President

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