Change in Control Uses in Involuntary Termination After Change in Control Clause

Involuntary Termination After Change in Control from Non Compete Agreement

This Agreement is made as of November 12, 2007 (the "Effective Date"), between Greater Community Bank (the "Bank"), a New Jersey commercial banking corporation, Greater Community Bancorp ("GCB"), a New Jersey business corporation (hereinafter collectively referred to as "the Company") and Patricia Arnold (the "Executive").

Involuntary Termination After Change in Control. Notwithstanding any provision herein to the contrary, if, in connection with or within twelve (12) months after any "Change in Control" of the Company, the Executive's employment under this Agreement is terminated by the Company without the Executive's prior written consent and for a reason other than Just Cause, the Executive shall be paid an amount equal to two (2) times her base annual salary, less that amount of base salary actually paid after the Change in Control and subject to ordinary tax withholdings, provided Executive executes a waiver and release agreement regarding employment related claims in a form satisfactory to the Company; however, Executive will not receive this payment if the Company was placed in conservatorship or receivership in connection with such Change in Control and the Board of Directors of the Company determines in good faith that the Change in Control was directed by or otherwise required by the FDIC. In no event, may the aggregate amount payable hereunder equal or exceed the difference between (i) the product of 2.99 times the Executive's "base amount" as defined in Section 280G(b)(3) of the Code and regulations promulgated thereunder, and (ii) the sum of any other parachute payments (as defined under Section 280G(b)(2) of the Code) that the Executive receives on account of the change in control. Such amount shall be paid in a lump sum, less applicable tax withholdings within ten (10) days of the effective date of the waiver and release agreement.

Involuntary Termination After Change in Control from Non Compete Agreement

This Agreement is made as of November 13, 2007 (the "Effective Date"), between Greater Community Bank (the "Bank"), a New Jersey commercial banking corporation, Greater Community Bancorp ("GCB"), a New Jersey business corporation (hereinafter collectively referred to as "the Company") and Roger Tully (the "Executive").

Involuntary Termination After Change in Control. Notwithstanding any provision herein to the contrary, if, in connection with or within twelve (12) months after any "Change in Control" of the Company, the Executive's employment under this Agreement is terminated by the Company without the Executive's prior written consent and for a reason other than Just Cause, the Executive shall be paid an amount equal to one (1) times his base annual salary, less that amount of base salary actually paid after the Change in Control and subject to ordinary tax withholdings, provided Executive executes a waiver and release agreement regarding employment related claims in a form satisfactory to the Company; however, Executive will not receive this payment if the Company was placed in conservatorship or receivership in connection with such Change in Control and the Board of Directors of the Company determines in good faith that the Change in Control was directed by or otherwise required by the FDIC. In no event, may the aggregate amount payable hereunder equal or exceed the difference between (i) the product of 2.99 times the Executive's "base amount" as defined in Section 280G(b)(3) of the Code and regulations promulgated thereunder, and (ii) the sum of any other parachute payments (as defined under Section 280G(b)(2) of the Code) that the Executive receives on account of the change in control. Such amount shall be paid in a lump sum, less applicable tax withholdings within ten (10) days of the effective date of the waiver and release agreement.