0001193125-07-249092 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • November 16th, 2007 • Lake Shore Bancorp, Inc. • Savings institution, federally chartered • New York

This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of November 14, 2007 (the “Effective Date”) by and between LAKE SHORE BANCORP, INC., a federally-chartered corporation having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Company”) and DAVID C. MANCUSO, an individual residing at (the “Executive”).

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AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • November 16th, 2007 • Lake Shore Bancorp, Inc. • Savings institution, federally chartered • New York

This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (the “Agreement”) is made and entered into as of November 14, 2007 (the “Effective Date”) by and between LAKE SHORE SAVINGS BANK, a federally-chartered savings bank having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Bank”) and DAVID C. MANCUSO, an individual residing at (the “Executive”).

FORM OF ONE-YEAR CHANGE OF CONTROL AGREEMENT
Change of Control Agreement • November 16th, 2007 • Lake Shore Bancorp, Inc. • Savings institution, federally chartered • New York

This CHANGE OF CONTROL AGREEMENT (the “Agreement”) is made and entered into as of November 14, 2007 (the “Effective Date”) by and among LAKE SHORE SAVINGS BANK, a federally-chartered savings bank having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Bank”), LAKE SHORE BANCORP, INC., a federally-chartered corporation having an office at 128 East 4th Street, Dunkirk, New York 14048 (the “Company”) and (the “Officer”).

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