0001017311-02-000021 Sample Contracts

FIRST FEDERAL BANK EMPLOYMENT AGREEMENT
First Federal Bank Employment Agreement • August 14th, 2002 • Northeast Pennsylvania Financial Corp • Savings institutions, not federally chartered • Pennsylvania

This AGREEMENT (“Agreement”) originally entered into as of March 31, 1998, is amended and restated effective as of January 1, 2002, by and between First Federal Bank (the “Bank”), a federally-chartered financial institution, with its principal offices at 12 Broad Street, Hazleton, Pennsylvania, 18201, Northeast Pennsylvania Financial Corp. (the “Company”), a corporation organized under the laws of the state of Delaware and the holding company of the Bank, and E. Lee Beard (“Executive”).

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NORTHEAST PENNSYLVANIA FINANCIAL CORP. EMPLOYMENT AGREEMENT
Northeast Pennsylvania Financial Corp. Employment Agreement • August 14th, 2002 • Northeast Pennsylvania Financial Corp • Savings institutions, not federally chartered • Delaware

This AGREEMENT (“Agreement”) originally entered into as of March 31, 1998, is amended and restated effective as of January 1, 2002, by and between Northeast Pennsylvania Financial Corp. (the “Company”), a corporation organized under the laws of Delaware, with its principal offices at 12 Broad Street, Hazleton, Pennsylvania, 18201, and E. Lee Beard (“Executive”). Any reference to the “Bank” in this Agreement shall mean First Federal Bank, a wholly-owned subsidiary of the Company, or any successor to First Federal Bank.

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