Cornerstone Bancorp Inc Sample Contracts

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INTRODUCTION
Salary Continuation Agreement • March 31st, 2003 • Cornerstone Bancorp Inc • National commercial banks • Connecticut
EMPLOYMENT AGREEMENT
Employment Agreement • March 30th, 1999 • Cornerstone Bancorp Inc • Blank checks • Connecticut
NEWALLIANCE BANK RETENTION AGREEMENT
Retention Agreement • April 19th, 2005 • Cornerstone Bancorp Inc • National commercial banks • Connecticut

This Retention Agreement (this “Agreement”) is made and entered into as of the 12th of April 2005, by and between Cornerstone Bancorp, Inc., a Connecticut corporation (“Cornerstone”), Cornerstone Bank, a Connecticut bank and a wholly owned subsidiary of Cornerstone, NewAlliance Bank, a Connecticut savings bank (the “Bank”), and John A. Lynn (the “Executive”).

RELEASE, CONSULTING AND NONCOMPETITION AGREEMENT
Release, Consulting and Noncompetition Agreement • April 19th, 2005 • Cornerstone Bancorp Inc • National commercial banks • Connecticut

This Release, Consulting and Noncompetition Agreement (this “Agreement”) is entered into as of April 12, 2005, by and between NewAlliance Bancshares, Inc., a Delaware corporation (“NewAlliance”), NewAlliance Bank, a Connecticut savings bank and a wholly-owned subsidiary of NewAlliance (“NewAlliance Bank”), Cornerstone Bancorp, Inc., a Connecticut corporation (“Cornerstone”), Cornerstone Bank, a Connecticut bank and a wholly-owned subsidiary of Cornerstone (“Cornerstone Bank”), and James P. Jakubek (the “Consultant”).

RECITALS
Agreement and Plan of Reorganization • March 1st, 1999 • Cornerstone Bancorp Inc • Connecticut
AGREEMENT AND PLAN OF MERGER BY AND AMONG NEWALLIANCE BANCSHARES, INC. AND NEWALLIANCE BANK AND CORNERSTONE BANCORP, INC. AND CORNERSTONE BANK DATED AS OF April 12, 2005
Merger Agreement • April 19th, 2005 • Cornerstone Bancorp Inc • National commercial banks • Connecticut

This AGREEMENT AND PLAN OF MERGER (the “Agreement”) dated as of April 12, 2005 is by and among NEWALLIANCE BANCSHARES, INC. a Delaware Corporation (“NewAlliance”), NEWALLIANCE BANK, a Connecticut chartered savings bank and wholly owned subsidiary of NewAlliance (“NAB”), CORNERSTONE BANCORP, INC., a Connecticut corporation (“CBI”), and CORNERSTONE BANK, a Connecticut chartered savings bank and wholly-owned subsidiary of CBI (“Cornerstone”).

NEWALLIANCE BANK RETENTION AGREEMENT
Retention Agreement • April 19th, 2005 • Cornerstone Bancorp Inc • National commercial banks • Connecticut

This Retention Agreement (this “Agreement”) is made and entered into as of the 12th of April 2005, by and between Cornerstone Bancorp, Inc., a Connecticut corporation (“Cornerstone”), Cornerstone Bank, a Connecticut bank and a wholly owned subsidiary of Cornerstone, NewAlliance Bank, a Connecticut savings bank (the “Bank”), and Merrill J. Forgotson (the “Executive”).

MEMORANDUM OF LEASE RENEWAL AND AGREEMENT REGARDING RENTAL PAYMENTS THEREUNDER
Lease Renewal Agreement • March 24th, 2005 • Cornerstone Bancorp Inc • National commercial banks

This Memorandum and Agreement dated this 16th day of April, 2004 by and between Ralph Sandolo of 327 Main Avenue, Norwalk, Connecticut, hereinafter referred to as “Landlord”, and Cornerstone Bank, a State Banking Association with offices at 550 Summer Street, Stamford, Connecticut, hereinafter referred to as “Tenant”, wherein the above referenced parties agree as follows:

FIRST AMENDMENT TO LEASE
Lease Agreement • March 24th, 2005 • Cornerstone Bancorp Inc • National commercial banks

This First Amendment to LEASE made this 26th day May, 2004 by and between CHAPEL AND STATE, LLC (collectively, the “Landlord”) and CORNERSTONE BUSINESS CREDIT, INC. (the “Tenant”).

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