HAMILTON BANCORP, INC. (NASDAQ:HBK) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) Renewal ofEmployment Agreement with Robert A. DeAlmeida. On February 20, 2018, the Board of Directors of Hamilton Bank (the "Bank"), the wholly-owned subsidiary of Hamilton Bancorp, Inc., renewed the Employment Agreement between the Bank and Robert A. DeAlmeida, President and Chief Executive Officer, dated October 10, 2012, with the term continuing until October 10, 2021. All other terms and conditions of the Employment Agreement shall remain in full force and effect.
Renewal of Change in Control Agreements. On February 20, 2018, the Board of Directors of the Bank also renewed: (1) the Change in Control Agreement between the Bank and Ellen R. Fish, Executive Vice President, dated February 27, 2015; and (2) the Change in Control Agreement between the Bank and John P. Marzullo, Senior Vice President, Chief Financial Officer and Treasurer, dated October 10, 2012, with terms of each agreement continuing until October 10, 2020. All other terms and conditions of the Change in Control Agreements shall remain in full force and effect.
About HAMILTON BANCORP, INC. (NASDAQ:HBK)
Hamilton Bancorp, Inc. is the holding company for Hamilton Bank (the Bank). The Company’s principal business activity is the ownership of the Bank’s capital stock and the management of the offering proceeds it retained in connection with the Bank’s conversion. The Bank is a federally chartered savings bank. The Bank’s business consists primarily of accepting deposits from the general public and investing those deposits, together with funds generated from operations, in one- to four-family residential mortgage loans, commercial real estate loans, commercial business loans, home equity loans and lines of credit, construction loans and consumer loans. It offers a range of deposit accounts, including certificate of deposit accounts, money market accounts, savings accounts, negotiable order of withdrawal (NOW) accounts and individual retirement accounts.
