Patriot Bank Corp Sample Contracts

Patriot Bank Corp – Patriot Bank Corp. Announces Shareholder Approval of Merger Agreement (April 22nd, 2004)

Pottstown, PA, April 21, 2004 . . . Patriot Bank Corp. (NASDAQ: PBIX), parent company of Patriot Bank, announced the results of their Special Shareholder Meeting held this morning. Patriot shareholders have approved the Plan of Merger between Patriot Bank Corp. and Susquehanna Bancshares, Inc. Susquehanna Bancshares, Inc. shareholders also approved the merger today. Pending the expected receipt of all regulatory approvals, today’s vote enables the merger to proceed. The merger is anticipated to close on or about June 10, 2004.

Patriot Bank Corp – Assets June 30, 2003 December 31, 2002 ------------- ----------------- Cash and cash due from banks $19,801 $15,741 Interest earning deposits in other financial institutions 1,082 1,098 ---------- -------- Total cash and cash equivalents 20,883 16,839 Investment and mortgage backed securities available for sale - at fair value 342,243 315,868 Loans held for sale 5,311 4,314 Loans and leases receivable, net of allowance for credit loss of $7,341 and $6,922 at June 30, 2003 and December 31, 2002, respectively 585,386 611,295 Premises and equipment 9,468 7,612 Accrued interest 3,686 3,946 Real es (July 22nd, 2003)

EXHIBIT 99 FOR IMMEDIATE RELEASE PATRIOT BANK CORP. www.patriotbank.com July 22, 2003 CONTACT: Richard A. Elko James G. Blume President & C.E.O. Senior V.P. & C.F.O. 610-970-4627 610-970-4623 ================================================================ Patriot Bank Corp. Announces Increase in Diluted Earnings Per Share of Over 14% Pottstown, PA, July 22, 2003 . . . Patriot Bank Corp. (NASDAQ: PBIX), parent company of Patriot Bank, today announced record earnings for the second quarter 2003 of $2,151,000 or $.32 per diluted share, compared to earnings of $1,980,000 or $.28 per diluted share for the second quarter of 2002. Year-to- date earnings were $4,251,000 or $.63 per diluted share for 2003, compared to year-to-date earnings of $3,820,000 or $.55 per diluted share for 2002. In addition to an increase of over 14% in diluted earnings per share, highlights of the quarter include: - Annualized core deposit growth of over 35% - Net interest margin of 3.50% - Non-interest income up 71

Patriot Bank Corp – March 31, 2003 December 31, 2003 2002 -------------- ------------ Assets Cash and cash due from banks $ 19,271 $ 15,741 Interest earning deposits in other financial institutions 2,516 1,097 ---------- -------- Total cash and cash equivalents 21,787 16,839 ========== ======== Investment and mortgage backed securities available for sale - at fair value 344,707 315,868 Loans held for sale 3,455 4,314 Loans and leases receivable, net of allowance for credit loss of $7,258 and $6,922 at March 31, 2003 and December 31, 2002, respectively 593,702 611,295 Premises and equipment 8,029 7,612 Accrued int (April 16th, 2003)

FOR IMMEDIATE RELEASE April 15, 2003 CONTACT: Richard A. Elko James G. Blume President & C.E.O. Senior V.P. & C.F.O. 610-970-4627 610-970-4623 Patriot Bank Corp. Announces Increase in First Quarter 2003 Earnings and Diluted Earnings Per Share of Over 14% Pottstown, PA, April 15, 2003 . . . Patriot Bank Corp. (NASDAQ: PBIX), parent company of Patriot Bank, today announced record earnings for the first quarter 2003 of $2,100,000 or $.31 per diluted share, adjusted for the recent 10% stock dividend ($.34 per diluted share prior to the stock dividend), compared to earnings of $1,840,000 or $.27 per diluted share, adjusted for the recent 10% stock dividend ($.30 per diluted share prior to the stock dividend) for the first quarter of 2002. Highlights of the quarter include: - Over 14% growth in earnings and diluted earnings per share - Net interest margin increased to 3.68% - Non-interest income up 59% - Non-interest income increased to 25% of total income - Efficiency ratio of 59.92% - Retu

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 29th, 2001)

1 Exhibit 10.1 PATRIOT BANK CORP. EMPLOYMENT AGREEMENT This AGREEMENT ("Agreement") made as of February 22, 2001, by and between Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of the Commonwealth of Pennsylvania, with its principal administrative office at High and Hanover Street, Pottstown, Pennsylvania, and Richard A. Elko (the "Executive"). Any reference to "Bank" herein shall mean Patriot Bank or any successor thereto. WHEREAS, the Holding Company wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, the Executive is willing to serve in the employ of the Holding Company on a full-time basis for said period. NOW, THEREFORE, in consideration of a payment of $25,000 to Executive contemporaneously with the execution of this Agreement and the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: POSITION AND

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 29th, 2001)

1 Exhibit 10.2 PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT, is made effective February 22, 2001, by and among Patriot Bank (the "Bank"), a state chartered commercial bank, with its principal administration office at High and Hanover Streets, Pottstown, Pennsylvania, and Kevin R. Pyle ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period; WHEREAS, the Bank and Executive are entering into a stock option agreement contemporaneously with the execution of this Agreement ("the Stock Option Agreement") which provides Executive with valuable benefits; NOW, THEREFORE, in consideration of the Stock Option Agreement and the mutual covenants herein contained, and upon the other terms and conditions her

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 29th, 2001)

1 Exhibit 10.4 PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT is made effective as of February 22, 2001, by and between Patriot Bank (the "Bank"), a Pennsylvania chartered commercial bank, with its principal administration office at High and Hanover Streets, Pottstown, Pennsylvania, and Joni Naugle ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period; WHEREAS, the Bank and the Executive are entering into a stock option agreement contemporaneously with the execution of this Agreement (the "Stock Option Agreement") which provides Executive with valuable benefits; NOW, THEREFORE, in consideration of the Stock Option Agreement and the mutual covenants

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 29th, 2001)

1 Exhibit 10.3 PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT ("Agreement") made as of February 22, 2001 by and between Patriot Bank (the "Bank"), a commercial bank, with its principal administrative office at High and Hanover Street, Pottstown, Pennsylvania, Patriot Bank Corp., a corporation organized under the laws of the Commonwealth of Pennsylvania, the holding company for the Bank (the "Holding Company") and Richard A. Elko (the "Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, the Executive is willing to serve in the employ of the Bank on a full-time basis for said period. 2 NOW, THEREFORE, in consideration of a payment of $25,000 to Executive contemporaneously with the execution of this Agreement and the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: POSITION AND RESPONSIBILITIES. During t

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 29th, 2001)

1 Exhibit 10.5 PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT is made effective as of February 22, 2001, by and between Patriot Bank (the "Bank"), a Pennsylvania chartered commercial bank, with its principal administration office at High and Hanover Streets, Pottstown, Pennsylvania, and James G. Blume ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period; WHEREAS, the Bank and Executive are entering into a stock option agreement contemporaneously with the execution of this Agreement (the "Stock Option Agreement") which provides the Executive with valuable benefits; NOW, THEREFORE, in consideration of the Stock Option Agreement and the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree a

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 27th, 2000)

1 Exhibit 10.13 PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT is made effective as of December 6, 1999, by and among Patriot Bank (the "Bank"), a Pennsylvania chartered commercial bank, with its principal administration office at High and Hanover Streets, Pottstown, Pennsylvania, and James G. Blume ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: 1. POSITION AND RESPONSIBILITIES. During the period of his employment hereunder, Executive agrees to serve as Chief Finan

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 23rd, 1999)

PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT is made effective as of March 1, 1998, by and among Patriot Bank (the "Bank"), a state chartered bank, with its principal administration office at High and Hanover Streets, Pottstown, Pennsylvania, and Kevin R. Pyle ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: 1. POSITION AND RESPONSIBILITIES. During the period of his employment hereunder, Executive agrees to serve as Senior Team Leader of Commercial Relationships of the Bank. Executive shall render administrative and management servic

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 23rd, 1999)

PATRIOT BANK EMPLOYMENT AGREEMENT This AGREEMENT is made effective as of December 1, 1998, by and among Patriot Bank (the "Bank"), a Pennsylvania chartered commercial bank, with its principal administration office at High and Hanover Streets, Pottstown, Pennsylvania, and Joni Naugle ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and conditions hereinafter provided, the parties hereby agree as follows: 1. POSITION AND RESPONSIBILITIES. During the period of her employment hereunder, Executive agrees to serve as Chief Operating Officer of the Bank. Executive shall render administrative and management services

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 23rd, 1999)

PATRIOT BANK CORP. EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT ("Agreement") as amended and restated effective June 30, 1998, first made effective as of December 1, 1995 and later amended and restated as of May 23, 1997, by and between PATRIOT BANK CORP. (the "Holding Company"), a corporation organized under the laws of Delaware, with its principal administrative office at High and Hanover Streets, Pottstown, Pennsylvania, and GARY N. GIERINGER (the "Executive"). WITNESSETH: WHEREAS, the Holding Company wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, the Executive is willing to serve in the employ of the Holding Company on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, and upon the other terms and

Patriot Bank Corp – AGREEMENT AND PLAN (August 13th, 1998)

EXHIBIT 2.1 AGREEMENT AND PLAN OF CONSOLIDATION between PATRIOT BANK CORP. and FIRST LEHIGH CORPORATION July 28, 1998 AGREEMENT TABLE OF CONTENTS BACKGROUND AGREEMENT ARTICLE I THE CONSOLIDATION Section 1.01 Definitions Section 1.02 The Consolidation ARTICLE II REPRESENTATIONS AND WARRANTIES OF FLC Section 2.01 Organization Section 2.02 Capitalization Section 2.03 Authority; No Violation

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 19th, 1998)

Exhibit 10.1 PATRIOT BANK CORP. EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT ("Agreement") as amended and restated effective May 23, 1997 was first made effective as of December 1, 1995, by and between Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of Delaware, with its principal administrative office at High and Hanover Street, Pottstown, Pennsylvania, and Joseph W. Major (the "Executive"). Any reference to "Bank" herein shall mean Patriot Bank or any successor thereto. WHEREAS, the Holding Company wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, the Executive is willing to serve in the employ of the Holding Company on a full-time basis for said period. NOW, THEREFORE, in consideration of the mu

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 19th, 1998)

Exhibit 10.3 PATRIOT BANK CORP. EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT ("Agreement") as amended and restated effective May 23, 1997 was first made effective as of December 1, 1995, by and between Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of Delaware, with its principal administrative office at High and Hanover Street, Pottstown, Pennsylvania, and Richard A. Elko (the "Executive"). Any reference to "Bank" herein shall mean Patriot Bank or any successor thereto. WHEREAS, the Holding Company wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, the Executive is willing to serve in the employ of the Holding Company on a full-time basis for said period. NOW, THEREFORE, in consideration of the

Patriot Bank Corp – CHANGE IN CONTROL AGREEMENT (March 19th, 1998)

Exhibit 10.9 PATRIOT BANK CHANGE IN CONTROL AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997, was first made effective as of December 1, 1995, by and between Patriot Bank (the "Bank"), a commercial bank, with its principal administrative office at High and Hanover Streets, Pottstown, Pennsylvania, Paulette A. Strunk ("Executive"), and Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of the State of Delaware which is the holding company of the Bank. WHEREAS, the Bank recognizes the substantial contribution Executive has made to the Bank and wishes to protect Executive's position therewith for the period provided in this Agreement; and WHEREAS, Executive has agreed to serve in the

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 19th, 1998)

Exhibit 10.7 PATRIOT BANK EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997 was first made effective as of December 1, 1995, by and among Patriot Bank (the "Bank"), a commercial bank, with its principal administrative office at High and Hanover Streets, Pottstown, Pennsylvania, Patriot Bank Corp., a corporation organized under the laws of the State of Delaware, the holding company for the Bank (the "Holding Company"), and Gary N. Gieringer ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained,

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 19th, 1998)

Exhibit 10.2 PATRIOT BANK CORP. EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT ("Agreement") as amended and restated effective May 23, 1997 was first made effective as of December 1, 1995, by and between Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of Delaware, with its principal administrative office at High and Hanover Street, Pottstown, Pennsylvania, and Gary N. Gieringer (the "Executive"). Any reference to "Bank" herein shall mean Patriot Bank or any successor thereto. WHEREAS, the Holding Company wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, the Executive is willing to serve in the employ of the Holding Company on a full-time basis for said period. NOW, THEREFORE, in consideration of the

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 19th, 1998)

Exhibit 10.8 PATRIOT BANK EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997 was first made effective as of December 1, 1995, by and among Patriot Bank (the "Bank"), a commercial bank, with its principal administrative office at High and Hanover Streets, Pottstown, Pennsylvania, Patriot Bank Corp., a corporation organized under the laws of the State of Delaware, the holding company for the Bank (the "Holding Company"), and Richard A. Elko ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained. a

Patriot Bank Corp – CHANGE IN CONTROL AGREEMENT (March 19th, 1998)

Exhibit 10.10 PATRIOT BANK CHANGE IN CONTROL AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997, was first made effective as of December 1, 1995, by and between Patriot Bank (the "Bank"), a commercial bank, with its principal administrative office at High and Hanover Streets, Pottstown, Pennsylvania, Robert G. Phillips ("Executive"), and Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of the State of Delaware which is the holding company of the Bank. WHEREAS, the Bank recognizes the substantial contribution Executive has made to the Bank and wishes to protect Executive's position therewith for the period provided in this Agreement; and WHEREAS, Executive has agreed to serve in the employ of the Bank. NOW, THEREFORE, in conside

Patriot Bank Corp – CHANGE IN CONTROL AGREEMENT (March 19th, 1998)

Exhibit 10.5 PATRIOT BANK CORP. CHANGE IN CONTROL AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997, was first made effective as of December 1, 1995, by and between Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of the State of Delaware, with its office at High and Hanover Streets, Pottstown, Pennsylvania and Robert G. Philips ("Executive"). The term "Bank" refers to Patriot Bank, the wholly-owned subsidiary of the Holding Company or any successor thereto. WHEREAS, the Holding Company recognizes the substantial contribution Executive has made to the Holding Company and wishes to protect his position therewith for the period provided in this Agreement; and WHEREAS, Executive has agreed to serve in the employ of the Holding Company or

Patriot Bank Corp – CHANGE IN CONTROL AGREEMENT (March 19th, 1998)

Exhibit 10.4 PATRIOT BANK CORP. CHANGE IN CONTROL AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997, was first made effective as of December 1, 1995, by and between Patriot Bank Corp. (the "Holding Company"), a corporation organized under the laws of the State of Delaware, with its office at High and Hanover Streets, Pottstown, Pennsylvania and Paulette A. Strunk ("Executive"). The term "Bank" refers to Patriot Bank, the wholly-owned subsidiary of the Holding Company or any successor thereto. WHEREAS, the Holding Company recognizes the substantial contribution Executive has made to the Holding Company and wishes to protect his position therewith for the period provided in this Agreement; and WHEREAS, Executive has agreed to serve in the employ of the Holding Company or a

Patriot Bank Corp – EMPLOYMENT AGREEMENT (March 19th, 1998)

Exhibit 10.6 PATRIOT BANK EMPLOYMENT AGREEMENT AS AMENDED AND RESTATED This AGREEMENT as amended and restated effective May 23, 1997 was first made effective as of December 1, 1995, by and among Patriot Bank (the "Bank"), a commercial bank, with its principal administrative office at High and Hanover Streets, Pottstown, Pennsylvania, Patriot Bank Corp., a corporation organized under the laws of the State of Delaware, the holding company for the Bank (the "Holding Company"), and Joseph W. Major ("Executive"). WHEREAS, the Bank wishes to assure itself of the services of Executive for the period provided in this Agreement; and WHEREAS, Executive is willing to serve in the employ of the Bank on a full-time basis for said period. NOW, THEREFORE, in consideration of the mutual covenants herein contained, an