On January 27, 2021, the Board of Directors (the “Board”) of Mid-Southern Savings Bank, FSB (the “Bank”), a wholly-owned subsidiary of Mid-Southern Bancorp, Inc. (the “Company”) approved Amendment No. 2 to the Executive Employment Agreement (the “Amendment”) between the Bank and Alexander G. Babey, President and Chief Executive Officer of the Bank dated October 1, 2016 and as previously amended on February 1, 2018. The Amendment, effective January 1, 2021, modifies Section 1 of the Executive Employment Agreement to stipulate that, at the end of the initial term of the Executive Employment Agreement and any subsequent term, the Executive Employment Agreement is automatically extended for a period of 36 months instead of 12 months.
The forgoing description of the Amendmen t is qualified in its entirety by the terms of the Amendment, a copy of which is filed herewith as Exhibit 10.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
The following exhibit is being furnished herewith and this list shall constitute the exhibit index:
Amendment No. 2 effective as of January 1, 2021, to the Executive Employment Agreement dated October 1, 2016, as Amended between Mid-Southern Savings Bank, FSB and Alexander G. Babey
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.
MID-SOUTHERN BANCORP, INC.
Date: January 28, 2021
/s/ Alexander G. Babey
Alexander G. Babey
President and Chief Executive Officer
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Other recent filings from the company include the following:
Annual report [Section 13 and 15(d), not S-K Item 405] - March 26, 2021
Change in - March 26, 2021