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EXECUTIVE COMMITTEE CHARTER
Baylake Bank/Baylake Corp

Executive Committee Purpose

The primary purpose of the Executive Committee is to act on behalf of the Board of Directors when practicality and expediency dictate. All actions are subject to review and approval by the Board and subject to modification and change through Board review of Executive Committee minutes that are to be submitted at the regular Board meeting that follows the Committee meeting(s).

Executive Committee Membership

The Executive Committee shall consist of the Co-Chairmen of the Board, the Chief Executive Officer, and at least three independent directors.

Executive Committee Meetings

The Executive Committee shall meet as needed at the call of the Co-Chairmen of the Board or the Chief Executive Officer

Other

The Executive Committee shall perform any activities consistent with this charter, the by-laws of the corporation and governing law, as the Committee deems necessary.

The Executive Committee shall maintain minutes of its meetings and make them available to the full Board of Directors at the Board’s next regular meeting.

The Executive Committee, along with the Board of Directors, shall review and assess the adequacy of this Charter at least annually. This Charter shall be submitted to the Board of Directors at their Annual Meeting.

  Revision Date: June, 2010