Parke Bancorp, Inc. Sample Contracts

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Guarantee Agreement • June 26th, 2007 • Parke Bancorp, Inc. • State commercial banks • New York
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STOCK OPTION AGREEMENT ---------------------- FOR STOCK OPTIONS PURSUANT TO THE PARKE BANCORP, INC. 2005 STOCK OPTION PLAN ----------------------
Stock Option Agreement • December 22nd, 2005 • Parke Bancorp, Inc. • State commercial banks
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EMPLOYMENT AGREEMENT -------------------- THIS AGREEMENT (the "Agreement"), made effective as of the 27th day of January, 1998 by and between PARKE BANK, a state chartered commercial bank (the "Bank"), and VITO S. PANTILIONE (the "Executive")....
Employment Agreement • January 31st, 2005 • Parke Bancorp, Inc. • New Jersey
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PARKE BANCORP, INC., AS ISSUER INDENTURE DATED AS OF JUNE 21, 2007
Indenture • June 26th, 2007 • Parke Bancorp, Inc. • State commercial banks • New York
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PARKE BANCORP, INC. 3,000 Capital Securities Floating Rate Capital Securities (Liquidation Amount $1,000.00 per Capital Security) PLACEMENT AGREEMENT
Placement Agreement • June 26th, 2007 • Parke Bancorp, Inc. • State commercial banks • New York
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STOCK OPTION AGREEMENT ---------------------- FOR NON-STATUTORY STOCK OPTIONS PURSUANT TO THE PARKE BANCORP, INC. 2005 STOCK OPTION PLAN ---------------------- NON-EMPLOYEE DIRECTORS
Stock Option Agreement • May 18th, 2006 • Parke Bancorp, Inc. • State commercial banks
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MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT
Management Change in Control Severance Agreement • March 31st, 2021 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is made on and as of this 15 day of December, 2020 (“Effective Date”), 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 John Kaufman (the “Executive”).

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PLAN OF ACQUISITION OF ALL THE OUTSTANDING STOCK OF PARKE BANK BY PARKE BANCORP, INC.
Plan of Acquisition • January 31st, 2005 • Parke Bancorp, Inc.
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MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT
Management Change in Control Severance Agreement • March 22nd, 2024 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS MANAGEMENT CHANGE IN CONTROL SEVERANCE AGREEMENT (this “Agreement”) is effective as of the 19th day of March 2024 (“Effective Date”), by and among 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 Jonathan Hill (“Executive”).

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FORM OF STOCK OPTION AGREEMENT PARKE BANCORP, INC.
Stock Option Agreement • November 16th, 2015 • Parke Bancorp, Inc. • State commercial banks

This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2015 Equity Incentive Plan (the “Plan”) of Parke Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used herein but not defined will have the same meaning as in the Plan.

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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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January 27, 2009 Dear __________________, ________________________ (the “Company”) anticipates entering into a Securities Purchase
Securities Purchase Agreement • January 30th, 2009 • Parke Bancorp, Inc. • State commercial banks

Agreement (the “Participation Agreement”), with the United States Department of Treasury (“Treasury”) that provides for the Company’s participation in the Treasury’s TARP Capital Purchase Program (the “CPP”). If the Company does not participate or ceases at any time to participate in the CPP, this letter shall be of no further force and effect.

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EMPLOYMENT AGREEMENT
Employment Agreement • July 20th, 2016 • Parke Bancorp, Inc. • State commercial banks • New Jersey

THIS AGREEMENT (the "Agreement"), made effective as of the ___th day of __________, 2016 ("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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FORM OF STOCK OPTION AGREEMENT PARKE BANCORP, INC.
Stock Option Agreement • May 10th, 2021 • Parke Bancorp, Inc. • State commercial banks

This stock option agreement (“Option” or “Agreement”) is and will be subject in every respect to the provisions of the 2020 Equity Incentive Plan (the “Plan”) of Parke Bancorp, Inc. (the “Company”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a stock option pursuant to the Plan. The holder of this Option (the “Participant”) hereby accepts this Option, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“Committee”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used herein but not defined will have the same meaning as in the Plan.

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FORM OF RESTRICTED STOCK AWARD AGREEMENT PARKE BANCORP, INC.
Restricted Stock Award Agreement • November 16th, 2015 • Parke Bancorp, Inc. • State commercial banks • New Jersey

This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the 2015 Equity Incentive Plan (the “ Plan ”) of Parke Bancorp, Inc. (the “ Company ”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “ Participant ”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“ Committee ”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used herein but not defined will have the same mea

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Capital Securities Agreement • June 26th, 2007 • Parke Bancorp, Inc. • State commercial banks
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FORM OF RESTRICTED STOCK AWARD AGREEMENT PARKE BANCORP, INC.
Restricted Stock Award Agreement • May 10th, 2021 • Parke Bancorp, Inc. • State commercial banks • New Jersey

This restricted stock agreement (“Restricted Stock Award” or “Agreement”) is and will be subject in every respect to the provisions of the 2020 Equity Incentive Plan (the “ Plan ”) of Parke Bancorp, Inc. (the “ Company ”) which are incorporated herein by reference and made a part hereof, subject to the provisions of this Agreement. A copy of the Plan has been provided to each person granted a Restricted Stock Award pursuant to the Plan. The holder of this Restricted Stock Award (the “ Participant ”) hereby accepts this Restricted Stock Award, subject to all the terms and provisions of the Plan and this Agreement, and agrees that all decisions under and interpretations of the Plan and this Agreement by the Committee appointed to administer the Plan (“ Committee ”) or the Board will be final, binding and conclusive upon the Participant and the Participant’s heirs, legal representatives, successors and permitted assigns. Capitalized terms used herein but not defined will have the same mea

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