OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; APPOINTMENT OF
CERTAIN |
each of Christopher D. Maher, Chairman, Chief Executive Officer
and President of the Company and OceanFirst Bank (the Bank),
Michael J. Fitzpatrick, Executive Vice President and Chief
Financial Officer of the Company and the Bank, Joseph R.,
Iantosca, Executive Vice President and Chief Administrative
Officer of the Bank, Joseph J. Lebel III, Executive Vice
President and Chief Banking Officer of the Bank, and Steven J.
Tsimbinos Executive Vice President, General Counsel and Corporate
Secretary of the Company and the Bank (each such person, the
Executive) entered into the First Amendment to Confidentiality
and Executive Restriction Agreement (the Amendment). The
Amendments amend the Confidentiality and Executive Restriction
Agreements (the Original Confidentiality Agreements) entered into
on April 5, 2017 in connection with the Executives execution of
their employment agreements. The Amendments are substantially
identical and clarify that nothing in the Original
Confidentiality Agreements prevent the Executives from
communicating with or filing a complaint with a government
agency, or to receive an award for so providing information. The
form of the Amendment is filed herewith as Exhibit 10.35A, and
the description above is qualified by reference to such Exhibit.
(d)
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EXHIBITS
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10.35A
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Form of First Amendment to Confidentiality and
Executive Restriction Agreement Employment between OceanFirst Financial Corp. and certain executive officers, including Christopher D. Maher, Michael J. Fitzpatrick, Joseph R. Iantosca, Joseph J. Lebel III, and Steven J. Tsimbinos. |
OCEANFIRST FINANCIAL CORP ExhibitEX-10.35A 2 ex-1035a.htm EXHIBIT 10.35A Exhibit EXHIBIT 10.35AOCEANFIRST FINANCIAL CORP. AMENDMENT NO. 1 TOCONFIDENTIALITY AND EMPLOYEE RESTRICTION AGREEMENTThis amendment (this “Amendment”) is entered into on this _____ day of June,…To view the full exhibit click here
About OCEANFIRST FINANCIAL CORP. (NASDAQ:OCFC)
OceanFirst Financial Corp. is a holding company for OceanFirst Bank (the Bank). The Company is a savings and loan holding company. The Bank’s principal business is attracting retail and business deposits in the communities surrounding its branch offices and investing those deposits primarily in loans, consisting of single-family, owner-occupied residential mortgage loans, and commercial real estate and other commercial loans. The Bank also invests in other types of loans, including residential construction and consumer loans. In addition, the Bank invests in mortgage-backed securities (MBS), securities issued by the United States Government and agencies thereof, corporate securities and other investments permitted by applicable law and regulations. The Bank’s revenues are derived principally from interest on its loans, interest on its investment and MBS. The Bank also receives income from fees and service charges on loan and deposit products, wealth management services and others.