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EX-10 - SUPPLEMENTAL 401(K) PLAN - First Clover Leaf Financial Corp. | form8k_ex10-092911.htm |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 27, 2011
First Clover Leaf Financial Corp.
(Exact name of registrant as specified in its charter)
Maryland
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0-50820
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20-4797391
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(State or Other Jurisdiction
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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6814 Goshen Road, Edwardsville, Illinois
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62025
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (618) 656-6122
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02(e) Compensatory Arrangements of Certain Officers
On September 27, 2011, First Clover Leaf Financial Corp. adopted the First Clover Leaf Bank Supplemental 401(k) Plan (the “Plan”), for a select group of management or highly compensated employees. The Plan is a non-qualified deferred compensation plan under which participants may voluntarily elect to defer receipt of their compensation on a pre-tax basis until their separation from service or a change in control (as defined in the Plan). Amounts credited to a participant’s account under the Plan will periodically be credited with earnings based on investments selected by the participant. Amounts deferred under the Plan
and all earnings thereon are fully vested at all times, but are subject to the claims of the employer’s creditors.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits:
Exhibit No. Description
10 First Clover Leaf Bank Supplemental 401(k) Plan
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
FIRST CLOVER LEAF FINANCIAL CORP.
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DATE: September 29, 2011
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By:
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/s/ Darlene F. McDonald
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Darlene F. McDonald
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Chief Financial Officer
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