Waterstone Financial enters employment agreement with President and CEO Jeffrey McGuiness

Waterstone Financial, Inc.

President and CEO Jeffrey McGuiness signs employment agreement effective April 24, 2024 through Dec 31, 2026.
Base salary set at $450,000 annually, subject to annual review.
Grant of 30,000 incentive stock options vesting in equal installments of 10,000 per year.
Severance provision includes one year's base salary and accelerated option vesting upon termination without cause or for good reason.
Non-solicitation restrictions apply for two years post-termination.

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