Change in Control and Assumption Agreement Sample Contracts

CHANGE IN CONTROL AND ASSUMPTION AGREEMENT
Change in Control and Assumption Agreement • July 10th, 2007 • Community Partners Bancorp • State commercial banks • New Jersey

THIS CHANGE IN CONTROL AND ASSUMPTION AGREEMENT (this “Agreement”) is made on and as of this 1st day of June, 2007, by and between Community Partners Bancorp (“CPB”), a corporation organized under the laws of the state of New Jersey which serves as a bank holding company, with its principal office at 1250 Highway 35 South, Middletown, New Jersey 07748; Two River Community Bank (“TRCB”), a banking corporation organized under the laws of the state of New Jersey, with its principal office at 1250 Highway 35 South, Middletown, New Jersey 07748; and Barry B. Davall (the “Executive”), whose business address is 1250 Highway 35 South, Middletown, NJ 07748.

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