MANAGEMENT CONTINUITY AGREEMENT



     THIS AGREEMENT (this "Agreement") is made and entered into as of the ____

day of _________________, 2006 (the "Effective Date"), by and among PSB Group,

Inc., a bank holding company organized under the laws of the State of Michigan

(the "Holding Company"), Peoples State Bank, a banking association chartered

under the laws of the State of Michigan with its main office located in Madison

Heights, Michigan (the "Bank") and Tami H. Janowicz ("Executive").



     SECTION 1. EMPLOYMENT. The Bank currently employs Executive on an at will

basis. The current terms and conditions of the Executive's Employment are set

forth below in this Section 1. Except in the event of a Change of Control of the

Holding Company, Executive shall be an at will employee of the Bank and may

terminate her employment at any time and the Bank shall retain the same right.



          (A) POSITIONS. Executive serves Bank as Senior Vice President and

Retail/Compliance as of the Effective Date.



          (B) DUTIES. Executive's duties, authority and responsibilities as

Senior Vice President and Retail/Compliance of the Bank include all duties,

authority and responsibilities customarily held by such officer of comparable

banks, subject always to the charter and bylaw provisions and the policies of

the Bank and the directions of its Board of Directors (the "Board").



          (C) CARE AND LOYALTY. Executive will devote her best efforts and full

business time, energy, skills and attention to the business and affairs of the

Bank, and will faithfully and loyally discharge her duties to the Bank.



     SECTION 2. COMPENSATION. The Bank shall compensate Executive for her

services as follows during the term of this Agreement:



          (A) BASE COMPENSATION. Executive will receive an annual base salary of

$88,740 during 2006. The Board will review Executive's base salary annually

during the term of this Agreement to determine whether it should be maintained

at its existing level, increased or decreased. In no event shall the Executive's

annual base salary following a Change of Control be decreased.



          (B) DISCRETIONARY PERFORMANCE BONUS. The Bank will consider Executive

for a bonus at the end of each year based on performance criteria established by

the Board and/or Executive's senior officers and any other factors deemed by the

Board to be appropriate. Bonuses will be awarded, if at all, in the sole

discretion of the Board, and nothing in this Agreement will require the payment

of a bonus in any given year.



          (C) OTHER BENEFITS. Executive will be entitled to participate in all

plans and benefits that are now or later made available by the Bank or the

Holding Company to its officers of equal or junior ranking generally.



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          (D) WITHHOLDING. Executive acknowledges that the Bank may withhold any

applicable federal, state or local withholding or other taxes from payments that

become due to her.



     SECTION 3. TERM AND TERMINATION.



          (A) TERM AND AUTOMATIC RENEWAL. The term of this Agreement will be one

year commencing as of the Effective Date. This Agreement will automatically

renew for one additional year on each anniversary of the Effective Date unless

this Agreement and Executive's employment hereunder are terminated in accordance

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