NORTH PENN BANK AND NORTH PENN BANCORP, INC. FORM OF AMENDED AND RESTATED EMPLOYMENT AGREEMENTEmployment Agreement • March 31st, 2008 • North Penn Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania
This AGREEMENT (“Agreement”), originally effective as of June 1, 2005, is amended and restated in its entirety as of January 4, 2008 (the “Effective Date”), by and among North Penn Bank (the “Bank”), a Pennsylvania state-chartered savings bank, with its principal administrative office at 216 Adams Avenue, Scranton, Pennsylvania 18503; North Penn Bancorp, Inc., a corporation organized under the laws of the Commonwealth of Pennsylvania, the holding company for the Bank (the “Company”); and Thomas A. Byrne (“Executive”).
