0001104659-02-001016 Sample Contracts

CHANGE IN CONTROL AGREEMENT
Change in Control Agreement • March 28th, 2002 • Unity Bancorp Inc /De/ • State commercial banks • New Jersey

CHANGE IN CONTROL AGREEMENT (this “Agreement”) made as of this 26th day of February, 2002 by and between UNITY BANK, a New Jersey state bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (the “Bank), Unity Bancorp, Inc. a Delaware corporation with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (“Unity”) (Bank and Unity collectively, “Employer”), and Michael Bono, an individual residing at (“Executive”).

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EMPLOYMENT AGREEMENT
Employment Agreement • March 28th, 2002 • Unity Bancorp Inc /De/ • State commercial banks • New Jersey

This Employment Agreement (the Agreement”) is made as of this 26th day of February, 2002, by and between ANTHONY J. FERARO, an individual residing at (“Executive”), UNITY BANK, a New Jersey state bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (the “Bank) and UNITY BANCORP, INC. a Delaware corporation and holding company of the Bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (“Unity”) (Bank and Unity collectively, “Employer”).

RETENTION AGREEMENT
Retention Agreement • March 28th, 2002 • Unity Bancorp Inc /De/ • State commercial banks • New Jersey

RETENTION AGREEMENT (this “Agreement”) made as of this 26th day of February, 2002 by and between UNITY BANK, a New Jersey state bank with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (the “Bank), UNITY BANCORP, INC. a Delaware corporation with its principal place of business located at 64 Old Highway 22, Clinton, New Jersey 08809 (“Unity”) (Bank and Unity collectively, “Employer”), and JAMES A. HUGHES, an individual residing at 4 Lance Road, Lebanon, New Jersey 08833 (the “Executive”).

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