Cfo Employment Agreement

EXHIBIT 10.2


EMPLOYMENT AGREEMENT EXTENSION


This EMPLOYMENT AGREEMENT EXTENSION (hereinafter referred to as this "AGREEMENT EXTENSION"), is entered into effective the 8th day of April, 2005, by and between The Franklin Savings and Loan Company, a savings and loan association incorporated under the laws of the State of Ohio (hereinafter referred to as the "EMPLOYER") and Daniel T. Voelpel , an individual (hereinafter referred to as the "EMPLOYEE");


WITNESSETH:


WHEREAS, the EMPLOYEE is currently employed as the Vice President and CFO of the EMPLOYER; and


WHEREAS, the EMPLOYER and the EMPLOYEE are parties to an employment agreement dated March 7, 2002 (the "EMPLOYMENT AGREEMENT"); and


WHEREAS, Section 1 of the EMPLOYMENT AGREEMENT provides that the Board of Directors of the EMPLOYER may extend the term of the EMPLOYMENT AGREEMENT for a one-year term beyond the then effective expiration date, provided the Board has determined tha ...