0001387131-07-000070 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2007 • 1st United Bancorp, Inc. • Florida

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of March 4, 2004 by and among 1st United Bancorp, a business corporation organized and operating under the laws of the State of Florida (the “Company”), 1st United Bank, a commercial bank organized and operating under the laws of the State of Florida (the “Bank”), and John Marino, an individual residing at 14662 Rolling Rock Place, Wellington, FL 33414 (the “Executive”).

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1ST UNITED BANCORP/1ST UNITED BANK SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT
Supplemental Executive Retirement Plan Agreement • November 19th, 2007 • 1st United Bancorp, Inc. • Florida

THIS SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN AGREEMENT (the “Agreement”) is adopted this 31st day of May, 2006, by and among 1ST UNITED BANCORP, INC. a Florida bank holding company (the “Company), 1ST UNITED BANK, a Florida commercial bank (the “Bank”), and JOHN MARINO (the “Executive”).

ELECTION FORM
Merger Agreement • November 19th, 2007 • 1st United Bancorp, Inc.

This Election Form is being delivered in connection with the Agreement and Plan of Merger, dated as of October 1, 2007 (the “Merger Agreement”), between Equitable Financial Group, Inc. (“Equitable”), Equitable Bank (“Equitable Bank”) and 1st United Bancorp, Inc. (“Bancorp”). It is understood that this election is subject to the terms, conditions and limitations set forth in the Merger Agreement and this Election Form. The Merger Agreement is attached as Annex A to the accompanying proxy statement/prospectus (the “Proxy Statement”). The undersigned acknowledges receipt of the Proxy Statement.

EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2007 • 1st United Bancorp, Inc. • Florida

With respect to any payment in, the nature of Compensation that is made to (or for the benefit of) the Executive under the terms of this Agreement, or otherwise, and on which an excise tax under section 4999 of the Code will be assessed, the payment determined under this Section 12(a) shall be made to the Executive on the earlier of (i) the date the Company, the Bank or any direct or indirect subsidiary or affiliate of the Company or the Bank is required to withhold such tax, or (ii) the date the tax is required to be paid by the Executive. The determination of the amount due hereunder shall be made by Ernst & Young, or such other accounting firm as the parties may mutually agree upon (the “Accounting Firm”). In the event that the Accounting Firm is serving as accountant or auditor for the individual, entity or group effecting the Change of Control, the parties shall appoint another nationally recognized accounting firm to make the determination required hereunder (which accounting fir

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2007 • 1st United Bancorp, Inc.

This Amendment No. 1 (the “Amendment”) is dated as of January 1, 2007 by and among 1st United Bancorp, Inc. (the “Company”), 1st United Bank (the “Bank”) and Rudy Schupp (the “Executive”).

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2007 • 1st United Bancorp, Inc.

This Amendment No. 1 (the “Amendment”) is dated as of January 1, 2007 by and among 1st United Bancorp, Inc. (the “Company”), 1st United Bank (the “Bank”) and John Marino (the “Executive”).

AMENDMENT NO. 1 TO EMPLOYMENT AGREEMENT
Employment Agreement • November 19th, 2007 • 1st United Bancorp, Inc.

This Amendment No. 1 (the “Amendment”) is dated as of January 1, 2007 by and among 1st United Bancorp, Inc. (the “Company”), 1st United Bank (the “Bank”) and Warren S. Orlando (the “Executive”).

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