Amb Financial Corp - Current report filing (8-K)
14 February 2008 - 4:22AM
Edgar (US Regulatory)
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):
February
13, 2008
AMB
Financial Corporation
(Exact
Name of Registrant as Specified in its Charter)
|
Delaware
|
000-23182
|
35-1905382
|
|
(State
or Other Jurisdiction
|
(Commission
File No.)
|
(I.R.S.
Employer
|
|
of
Incorporation)
|
|
Identification
No. )
|
|
8230
Hohman Avenue, Munster, Indiana
|
46321
|
|
(Address
of Principal Executive Offices)
|
(Zip
Code)
|
Registrant’s
telephone number, including area code:
(219)
836-5870
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:
o
Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting
material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement
communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
o
Pre-commencement
communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
|
Item
5.02
|
Departure
of Directors or Certain Officers; Election of Directors; Appointment
of
Certain Officers; Compensatory Arrangements of Certain
Officers.
|
On
February 13, 2008, American Savings, FSB (the “Bank”), the wholly owned
subsidiary of AMB Financial Corporation, executed employment agreements between
the Bank and Michael Mellon, President and Chief Executive Officer; Steven
A.
Bohn, Vice President and Chief Financial Officer; Robert Rossa, Vice President
and Todd Williams, Vice President. These employment agreements are effective
as
of February 13, 2008.
The
agreement for Mr. Mellon is for a three year term, the agreement for Mr.
Bohn is
for a two year term and the agreements for Mr. Rossa and Mr. Williams are
for a
one year term. Under the agreements, the base salaries for Mr. Mellon, Mr.
Bohn,
Mr. Rossa, and Mr. Williams are $140,080, $90,732, $80,000 and $80,000,
respectively. In addition to the base salary, each agreement provides for,
among
other things, participation in bonus programs and other employee pension
benefit
and fringe benefit plans applicable to executive employees. The executive’s
employment may be terminated for cause at any time, in which event the executive
would have no right to receive compensation or other benefits under the
employment agreement for any period after termination.
|
Item
9.01.
|
Financial
Statements and Exhibits
|
|
|
(a)
|
Financial
Statements of Businesses Acquired. Not
Applicable.
|
|
|
(b)
|
Pro Forma Financial Information.
Not
Applicable.
|
|
|
(c)
|
Shell Company Transactions. Not
Applicable.
|
|
|
Exhibit No.
|
Description
|
|
|
|
|
|
|
10.1
|
Employment
Agreement by and between the Bank and Michael Mellon
|
|
|
|
|
|
|
10.2
|
Employment
Agreement between the Bank and Steven A. Bohn
|
|
|
|
|
|
|
10.3
|
Employment
Agreement between the Bank and Robert Rossa
|
|
|
|
|
|
|
10.4
|
Employment
Agreement between the Bank and Todd
Williams
|
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.
|
|
|
|
|
|
AMB
FINANCIAL CORPORATION
|
|
|
|
|
DATE:
February 13, 2008
|
By:
|
/s/ Michael
Mellon
|
|
|
Michael
Mellon
|
|
|
President
and
Chief Executive Officer
|
EXHIBIT
INDEX
|
|
Exhibit
No.
|
Description
|
|
|
|
|
|
|
10.1
|
Employment
Agreement by and between the Bank and Michael Mellon
|
|
|
|
|
|
|
10.2
|
Employment
Agreement between the Bank and Steven A. Bohn
|
|
|
|
|
|
|
10.3
|
Employment
Agreement between the Bank and Robert Rossa
|
|
|
|
|
|
|
10.4
|
Employment
Agreement between the Bank and Todd
Williams
|
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