CHANGE OF CONTROL AGREEMENT
THIS CHANGE OF CONTROL AGREEMENT (this "Agreement") is entered into as of the ____ day of
______________, 2001, by and between Camco Financial Corporation, a Delaware corporation ("Camco"),
and ______________ (the "Employee");
WHEREAS, the Employee has been employed as the ____________________ of Advantage Bank (the
"Bank"), a wholly-owned subsidiary of Camco;
WHEREAS, as a result of the skill, knowledge and experience of the Employee, Camco believes it is in the best
interest of Camco and its stockholders to provide the Employee with a sense of security and fair treatment to
encourage the Employee to remain an employee of Camco;
WHEREAS, Camco and the Employee desire to enter into this Agreement to set forth their understanding as to
their respective rights and obligations in the event of the termination of Employee's employment under the
circumstances set forth in this Agreement.
NOW, THEREFORE, in consideration of the premises and mutual covenants herein contained, Camco and the
Employee hereby agree as follows:
1. Term. The term of this Agreement shall commence on __________, 2001, and shall end December 31, 2001,
subject to extension and to earlier termination as provided herein (the "Term"). Prior to each anniversary of the
date of this Agreement, the Board of Directors of Camco shall review the performance of the Employee. In
connection with such annual review, the Term of this Agreement shall be extended for a one-year period beyond
the then-effective expiration date, provided the Board of Directors of Camco, in its sole discretion, determines in
a duly adopted resolution that this Agreement should be extended.
2. Termination of Employment.
(a) Termination by Camco in Connection with a Change of Control. In the event that the employment of the
Employee is terminated by Camco, the Bank or their respective successors or assigns, during the Term for any
reason other than Just Cause within six months prior to a Change o