Common Contracts

2 similar Merger Agreement contracts by Pennfed Financial Services Inc

November 2, 2006 Claire M. Chadwick West Orange, NJ 07052-2989 Dear Ms. Chadwick:
Merger Agreement • November 8th, 2006 • Pennfed Financial Services Inc • Savings institution, federally chartered • New York

In connection with the anticipated merger (the “Merger”) of PennFed Financial Services, Inc. (the “Company”) with and into New York Community Bancorp, Inc. (“NYB”) as contemplated by the Agreement and Plan of Merger, dated as of November 2, 2006, by and between NYB and the Company (the “Merger Agreement”), which is entered into as of today, the Company, NYB and you hereby enter into this agreement (this “Agreement”). Capitalized terms used but not otherwise defined in this Agreement shall have the meaning set forth in the Merger Agreement.

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November 2, 2006 Jeffrey J. Carfora West Orange, NJ 07052-2989 Dear Mr. Carfora:
Merger Agreement • November 8th, 2006 • Pennfed Financial Services Inc • Savings institution, federally chartered • New York

In connection with the anticipated merger (the “Merger”) of PennFed Financial Services, Inc. (the “Company”) with and into New York Community Bancorp, Inc. (“NYB”) as contemplated by the Agreement and Plan of Merger, dated as of November 2, 2006, by and between NYB and the Company (the “Merger Agreement”), which is entered into as of today, the Company, NYB and you hereby enter into this agreement (this “Agreement”). Capitalized terms used but not otherwise defined in this Agreement shall have the meaning set forth in the Merger Agreement.

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