KNBT Bancorp Inc Sample Contracts

EXHIBIT 2.2 AGREEMENT AND PLAN OF MERGER
Agreement and Plan of Merger • June 6th, 2003 • KNBT Bancorp Inc • Pennsylvania
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Common Stock (par value $.01 per share)
Agency Agreement • July 18th, 2003 • KNBT Bancorp Inc • Savings institutions, not federally chartered • New York
AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • February 1st, 2008 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of January 28, 2008 by and among Keystone Nazareth Bank & Trust Company (“KNBT Bank”), KNBT Bancorp, Inc. (“KNBT”), National Penn Bank (the “Bank”), National Penn Bancshares, Inc. (the “Company”) (the Bank and the Company are collectively referred to as the “Employer”), and Scott V. Fainor (the “Executive”) and shall become effective as of the Effective Time (as defined below) and shall supersede, as of the Effective Time, any and all agreements relating to the matters contained herein.

KNBT BANCORP, INC. AND RETENTION PLAN AND TRUST AGREEMENT
KNBT Bancorp Inc • November 21st, 2007 • Savings institutions, not federally chartered • Pennsylvania
AGREEMENT AND PLAN OF MERGER DATED AS OF DECEMBER 8, 2004 BETWEEN KNBT BANCORP, INC. AND NORTHEAST PENNSYLVANIA FINANCIAL CORP.
Agreement and Plan of Merger • December 14th, 2004 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

AGREEMENT AND PLAN OF MERGER, dated as of December 8, 2004 (the “Agreement”), between KNBT Bancorp, Inc. (“Parent”), a Pennsylvania corporation, and Northeast Pennsylvania Financial Corp. (the “Company”), a Delaware corporation.

Form of KNBT Letter Agreement
Letter Agreement • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered

National Penn Bancshares, Inc. ("NPB") and KNBT Bancorp, Inc. (“KNBT”) are entering into concurrently herewith an Agreement and Plan of Merger to be dated as of September , 2007 (the "Agreement").

Form of NPB Letter Agreement
Letter Agreement • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered
SHAREHOLDER AGREEMENT
Shareholder Agreement • December 14th, 2004 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

SHAREHOLDER AGREEMENT (the “Agreement”), dated as of December 8, 2004, by and between _______________________________, a shareholder (“Shareholder”) of Northeast Pennsylvania Financial Corp. (the “Company”), a Delaware corporation, and KNBT Bancorp, Inc. (“Parent”), a Pennsylvania corporation. All capitalized terms used herein and not defined herein shall have the meanings assigned thereto in the Merger Agreement (defined below).

FIRST AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania
AGREEMENT AND PLAN OF MERGER BETWEEN NATIONAL PENN BANCSHARES, INC. AND KNBT BANCORP, INC. DATED: SEPTEMBER 6, 2007
Agreement and Plan of Merger • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

THIS AGREEMENT AND PLAN OF MERGER, dated as of September 6, 2007 (“Agreement”), is made by and between NATIONAL PENN BANCSHARES, INC., a Pennsylvania corporation (“NPB”), and KNBT BANCORP, INC., a Pennsylvania corporation (“KNBT”).

FIRST AMENDMENT TO AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania
RELEASE, CONSULTING AND NONCOMPETITION AGREEMENT
Release, Consulting and Noncompetition Agreement • September 7th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

This Release, Consulting and Noncompetition Agreement (this “Agreement”) is being entered into as of September 6, 2007, by and between National Penn Bancshares, Inc., a Pennsylvania corporation (“National Penn”), National Penn Bank, a national banking association and a wholly-owned subsidiary of National Penn (“NPBank”), KNBT Bancorp, Inc., a Pennsylvania corporation (“KNBT”), Keystone Nazareth Bank & Trust Company, a wholly-owned subsidiary of KNBT and a Pennsylvania-chartered savings bank (the “Bank”), and Eugene T. Sobol (the “Consultant”).

FIRST AMENDMENT TO TERMINATION AND RELEASE AGREEMENT
Termination and Release Agreement • November 21st, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

First Amendment, dated as of November 15, 2007 (the “Amendment”), to the Termination and Release Agreement, dated as of December 8, 2004 (the “Release Agreement”), by and among Thomas L. Kennedy (the “Executive”), KNBT Bancorp, Inc., a Pennsylvania corporation and successor to Northeast Pennsylvania Financial Corp. (the “Company”), and Keystone Nazareth Bank & Trust Company, as successor to First Federal Bank (the “Bank”). Capitalized terms which are not defined herein shall have the same meaning as set forth in the Release Agreement.

AMENDMENT NUMBER 2
Employment Agreement • June 28th, 2005 • KNBT Bancorp Inc • Savings institutions, not federally chartered

WHEREAS, in connection with the entering into of the Agreement and Plan of Merger between Keystone Savings Bank (now known as Keystone Nazareth Bank & Trust Company) (the ”Bank”) and First Colonial Group, Inc. (“First Colonial”) (the “Merger Agreement”), the Bank and Eugene T. Sobol (the “Executive”) entered into an Employment Agreement dated March 5, 2003 as amended effective as of December 31, 2004 as described below (referred to hereinafter as the “Agreement”);

AMENDMENT NUMBER 1
Employment Agreement • January 27th, 2005 • KNBT Bancorp Inc • Savings institutions, not federally chartered

WHEREAS, in connection with the entering into of the Agreement and Plan of Merger between Keystone Savings Bank (now known as Keystone Nazareth Bank & Trust Company) (the ”Bank”) and First Colonial Group, Inc. (“First Colonial”) (the “Merger Agreement”), the Bank and Scott V. Fainor (the “Executive”) entered into an Employment Agreement dated March 5, 2003 (referred to hereinafter as the “Agreement”);

AMENDMENT NO. 2 TO FIRST FEDERAL SAVINGS AND LOAN ASSOCIATION OF HAZLETON DEFERRED INCOME AGREEMENT
Deferred Income Agreement • November 21st, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

THIS AMENDMENT NO. 2 (this “Amendment”) to the First Federal Savings and Loan Association of Hazleton Deferred Income Agreement (the “Agreement”) is made and entered into effective as of November 15, 2007 by and among Keystone Nazareth Bank & Trust Company (the “Bank”) and Thomas L. Kennedy (the “Executive”).

PERFORMANCE SHARE AWARD AGREEMENT AND TRUST AGREEMENT KNBT BANCORP, INC.
Performance Share Award Agreement • November 9th, 2006 • KNBT Bancorp Inc • Savings institutions, not federally chartered

THIS AGREEMENT is made as of this __ day of ______ 2006 (hereinafter referred to as the “Date of Grant”) by and between KNBT Bancorp, Inc. (the “Corporation”) and _________ (the “Recipient”). Defined terms, unless otherwise defined herein, shall have the same meaning as set forth in the Plan (as hereinafter defined), as amended from time to time.

Contract
Performance Share Award Cancellation Agreement • February 1st, 2008 • KNBT Bancorp Inc • Savings institutions, not federally chartered
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KNBT BANCORP, INC. EXECUTIVE ANNUAL INCENTIVE PLAN PERFORMANCE AGREEMENT [____ Grants]
Annual Incentive Plan Performance Agreement • September 29th, 2005 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

KNBT Bancorp, Inc. (“KNBT”), pursuant to the terms and in accordance with the KNBT Bancorp, Inc. Executive Annual Incentive Plan (the “Plan”), hereby grants to (“Officer”) an Incentive Award under the terms set forth in this Performance Agreement (“Agreement”), effective as of 20 :

FORM OF AGREEMENT WITH RESPECT TO FORFEITURES OF SHARES COVERED BY PERFORMANCE- BASED RESTRICTED STOCK AWARD
Agreement • March 16th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

WHEREAS, the Corporation granted to the Recipient on ______________________, 2006 (the “Grant Date”) a Performance Share Award (the “Award”) covering _____________ shares (the “Shares”) of the common stock, $0.01 par value per share (the “Common Stock”), of the Corporation, pursuant to the terms of the 2004 Recognition and Retention Plan and Trust Agreement (the “Plan”);

EMPLOYMENT AGREEMENT
Employment Agreement • November 9th, 2006 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

THIS EMPLOYMENT AGREEMENT is being made this ___ day of November, 2005, by and between KEYSTONE NAZARETH BANK & TRUST COMPANY, a Pennsylvania corporation (“Employer”), and G. ALLEN WEISS (“Employee”).

EMPLOYMENT AGREEMENT
Employment Agreement • January 5th, 2007 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

This EMPLOYMENT AGREEMENT (this “Agreement”) is made and entered into as of December 28, 2006 by and among Keystone Nazareth Bank & Trust Company (the “Bank”), KNBT Bancorp, Inc. (the “Company”) (the Bank and the Company are collectively referred to as the “Employer”), and Sandra L. Bodnyk (the “Executive”).

EMPLOYMENT AGREEMENT
Employment Agreement • March 2nd, 2006 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

THIS EMPLOYMENT AGREEMENT is being made this 14th day of November, 2005, by and between KEYSTONE NAZARETH BANK & TRUST COMPANY, a Pennsylvania corporation (“Employer”), and G. ALLEN WEISS (“Employee”).

KNBT BANCORP, INC. EXECUTIVE ANNUAL INCENTIVE PLAN PERFORMANCE AGREEMENT
Incentive Plan Performance Agreement • November 9th, 2006 • KNBT Bancorp Inc • Savings institutions, not federally chartered • Pennsylvania

KNBT Bancorp, Inc. (“KNBT”), pursuant to the terms and in accordance with the KNBT Bancorp, Inc. Executive Annual Incentive Plan (the “Plan”), hereby grants to ______________ (“Officer”) an Incentive Award under the terms set forth in this Performance Agreement (“Agreement”), effective as of ________________ 2006:

Contract
Compensatory Stock Option Agreement • February 1st, 2008 • KNBT Bancorp Inc • Savings institutions, not federally chartered
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