0000946275-07-000885 Sample Contracts

EMPLOYMENT AGREEMENT
Employment Agreement • November 29th, 2007 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS AGREEMENT (the “Agreement”), made effective as of the 27th day of November, 2007 (“Effective Date”) by and between PARKE BANK, a state chartered commercial bank (the “Bank”), and VITO S. PANTILIONE (the “Executive”).

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FORM OF CHANGE IN CONTROL SEVERANCE AGREEMENT
Change in Control Severance Agreement • November 29th, 2007 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made on and as of this 27th day of November, 2007, by and between Parke Bancorp, Inc. (“Company”), a corporation organized under the laws of the state of New Jersey which serves as a bank holding Company, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, Parke Bank (“Bank”), a banking corporation organized under the laws of the state of New Jersey, with its principal office at 601 Delsea Drive, Sewell, New Jersey 08080, and [Elizabeth Milavsky, Robert Kuehl, Paul Palmieri, and David Middlebrook] (the “Executive”).

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