Common use of Amount and Terms Clause in Contracts

Amount and Terms. Subject to and upon the terms and conditions herein set forth, the Lender agrees to lend amounts to the Borrower, (the "Loan"), from time to time during the period of this agreement up to but not including the maturity date of December 31, 200_ in an aggregate principal amount ("Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Security of Pennsylvania Financial Corp., a Delaware corporation, and the Holding Company of the Association, equal to 8% of the Shares issued in connection with the conversion of the Association from the mutual to stock form, including the shares issued to the Security Savings Charitable Foundation, a charitable foundation being established in connection with the conversion (the "Conversion"). The Loan is intended to be an "exempt loan" as described in Section 4975(d)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").

Amount and Terms. Subject to and upon the terms and conditions herein ---------------- set forth, the Lender agrees to lend amounts to the Borrower, (the "Loan"), from time to time during the period of this agreement up to but not including the maturity date of December 31of____________, 20020__ in an aggregate principal amount ("Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Security of Pennsylvania Financial Corp.________________, a Delaware corporation, and the Holding Company of the Association, equal to 8% of the Shares issued in connection with the conversion of the Association from the mutual to stock form, including the shares issued to the Security South Jersey Savings Charitable Foundation, a charitable foundation being established in connection with the conversion (the "Conversion"). The Loan is intended to be an "exempt loan" as described in Section 4975(d)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").

Amount and Terms. Subject to and upon the terms and conditions herein ---------------- set forth, the Lender agrees to lend amounts to the Borrower, Borrower (the "Loan"), ) from time to time during the period of this agreement up to but not including the maturity date of December 31, 200_ in an aggregate principal amount (the "Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Security of Pennsylvania Financial Corp.Berkshire Hills Bancorp, Inc., a Delaware corporation, and the Holding Company of the AssociationBank, equal to 8% of the Shares issued in connection with the conversion of the Association Bank from the mutual to stock form, form (the "Conversion") including the shares issued to the Security Savings ________________ Charitable Foundation, a charitable foundation being established in connection with the conversion (the "Conversion"). The Loan is intended to be an "exempt loan" as described in Section 4975(d)(34975(d) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").

Amount and Terms. Subject to and upon the terms and conditions herein set forth, the Lender agrees to lend amounts to the Borrower, (the "Loan"), from time to time during the period of this agreement up to but not including the maturity date of December 31, 200_ _________in an aggregate principal amount ("Loan Amount") sufficient to permit the Borrower to acquire a number of shares ("Shares") of common stock, par value $0.01 ("Common Stock") of Security of Northeast Pennsylvania Financial Corp., a Delaware corporation, and the Holding Company of the AssociationBank, equal to 8% of the Shares issued in connection with the conversion of the Association Bank from the mutual to stock form, including the shares issued to the Security Savings Charitable Foundation, a charitable foundation being established in connection with the conversion (the "Conversion"). The Loan is intended to be an "exempt loan" as described in Section 4975(d)(3) of the Internal Revenue Code of 1986, as amended (the "Code"), as defined in Section 54.4975-7(b) of the Treasury Regulations (the "Regulations"), as described in Section 408(b)(3) of the Employee Retirement Income Security Act of 1974, as amended ("ERISA") and as described in Department of Labor Regulations Section 2550.408b-3 (collectively, the "Exempt Loan Rules").