0001144204-11-044201 Sample Contracts

CHANGE OF CONTROL SEVERANCE AGREEMENT
Change of Control Severance Agreement • August 5th, 2011 • Astoria Financial Corp • Savings institution, federally chartered • New York

This AMENDED AND RESTATED CHANGE OF CONTROL SEVERANCE AGREEMENT (the "Agreement") is made and entered into as of April 18, 2011 (the “Initial Effective Date”) by and among ASTORIA FEDERAL SAVINGS AND LOAN ASSOCIATION, a savings and loan association organized and existing under the laws of the United States of America and having an office at One Astoria Federal Plaza, Lake Success, New York 11042 (the "Association"), ASTORIA FINANCIAL CORPORATION, a business corporation organized and existing under the laws of the State of Delaware and having an office at One Astoria Federal Plaza, Lake Success, New York 11042 (the "Company") and Stephen Sipola, an individual residing at 1 Anna Court, West Islip, New York 11795 (the "Officer").

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