Abington Bancorp Inc – ABINGTON BANK AMENDED AND RESTATED SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (As Amended and Restated Effective as of January 25, 2011) (January 27th, 2011)
Abington Savings Bank, doing business as Abington Bank (the Bank), previously entered into a certain Supplemental Executive Retirement Plan originally effective as of October 16, 2002 (the Prior SERP). The Prior SERP was subsequently amended and restated effective as of November 28, 2007 (the Amended SERP), in order to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the Code), including the final regulations issued thereunder, with none of the benefits payable under the Amended SERP to be deemed grandfathered for purposes of Section 409A of the Code. The Amended SERP is now being amended and restated again effective as of January 25, 2011 (as amended and restated, the Restated SERP), in order to make certain clarifying changes and to add certain provisions that shall apply in the event of a change in control of Abington Bank or Abington Bancorp, Inc. (the Company). This Restated SERP is designed to comply with and shall at all times be con
Abington Bancorp Inc – Abington Bank Amended and Restated Employment Agreement (December 3rd, 2007)
provided, however, that prior to any termination of employment for Good Reason, the Executive must first provide written notice to the Employer within ninety (90) days of the initial existence of the condition, describing the existence of such condition, and the Employer shall thereafter have the right to remedy the condition within thirty (30) days of the date the Employer received the written notice from the Executive. If the Employer remedies the condition within such thirty (30) day cure period, then no Good Reason shall be deemed to exist with respect to such condition. If the Employer does not remedy the condition within such thirty (30) day cure period, then the Executive may deliver a Notice of Termination for Good Reason at any time within sixty (60) days following the expiration of such cure period.
Abington Bancorp Inc – Abington Bank Amended and Restated Supplemental Executive Retirement Plan (December 3rd, 2007)
Abington Savings Bank, doing business as Abington Bank (the "Bank"), previously entered into a certain Supplemental Executive Retirement Plan effective as of October 16, 2002 (the "Prior SERP"). This Plan amends and restates the Prior SERP in its entirety as hereinafter set forth in order to comply with the requirements of Section 409A of the Internal Revenue Code of 1986, as amended (the "Code"), including the final regulations issued by the Internal Revenue Service in April 2007, with none of the benefits payable under this Plan to be deemed grandfathered for purposes of Section 409A of the Code. The Plan has been and shall continue to be operated in compliance with Section 409A of the Code. The provisions of the Plan shall be construed to effectuate such intentions. This Plan as amended and restated shall be effective as of November 28, 2007.
Abington Bancorp, Inc. – Contract (January 4th, 2007)
Exhibit 10.5 ABINGTON BANK AMENDED AND RESTATED EMPLOYMENT AGREEMENT This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this "Agreement"), is made and entered into as of the 29th day of December 2006, between Abington Savings Bank, a Pennsylvania chartered, stock-form savings bank doing business as "Abington Bank" (the "Bank" or the "Employer"), and Jack J. Sandoski (the "Executive"). WITNESSETH WHEREAS, the Executive is presently an officer of the Bank, and the Executive and the Bank have previously entered into an employment agreement dated January 1, 2005 (the "Prior Agreement"); WHEREAS, the Bank is currently a wholly owned subsidiary of Abington Community Bancorp, Inc., a Pennsylvania chartered stock-form mid-tier holding company ("Abington Community"), and Abington Community is currently a majority owned subsidiary of Abington Mutual Holding Company, a Pennsylvania chartered