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DANIEL E. KLIMAS AMENDMENT TO EMPLOYMENT AGREEMENT

Employee Retention Agreement

DANIEL E. KLIMAS AMENDMENT TO EMPLOYMENT AGREEMENT | Document Parties: LNB BANCORP INC | LORAIN NATIONAL BANK You are currently viewing:
This Employee Retention Agreement involves

LNB BANCORP INC | LORAIN NATIONAL BANK

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Title: DANIEL E. KLIMAS AMENDMENT TO EMPLOYMENT AGREEMENT
Date: 3/13/2009
Industry: Regional Banks     Sector: Financial

DANIEL E. KLIMAS AMENDMENT TO EMPLOYMENT AGREEMENT, Parties: lnb bancorp inc , lorain national bank
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Exhibit 10(f)

DANIEL E. KLIMAS

AMENDMENT TO EMPLOYMENT AGREEMENT

          This Amendment to Employment Agreement (this “Amendment”), is made at Lorain, Ohio, as of December 12, 2008, by and among DANIEL E. KLIMAS, herein referenced as “Employee,” and LNB BANCORP, INC. (an Ohio corporation) and THE LORAIN NATIONAL BANK (a banking organization organized and existing under the laws of the United States of America), which together with their respective successors and assigns are collectively herein referenced as “Employer.”

          WHEREAS Employer and Employee entered into an Employment Agreement, dated as of January 28, 2005, as amended as of July 16, 2008 (the “Employment Agreement”).

          WHEREAS, pursuant to Section 1.4 of the Employment Agreement, Employer and Employee desire to amend the Employment Agreement as set forth herein.

          NOW, THEREFORE, in consideration of the mutual covenants and promises herein, Employer and Employee (collectively the “Parties” and individually a “Party”) agree as follows:

          The Employment Agreement is amended as follows:

      


 
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