0000700733-13-000008 Sample Contracts

AMENDED AND RESTATED EMPLOYMENT AGREEMENT
Employment Agreement • February 8th, 2013 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

This AMENDED AND RESTATED EMPLOYMENT AGREEMENT (“Agreement”), dated as of February 8, 2013 (the “Effective Date”), is made among NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation and registered bank holding company (“NPB”); NATIONAL PENN BANK, a national banking association (“Bank”); and SANDRA L. BODNYK (“Executive”) (NPB and Bank are sometimes referred to herein collectively as “Employer”).

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AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • February 8th, 2013 • National Penn Bancshares Inc • National commercial banks • Pennsylvania

This AMENDMENT TO EMPLOYMENT AGREEMENT (the “Amendatory Agreement”) is dated February 8, 2013, between NATIONAL PENN BANCSHARES, INC., a Pennsylvania business corporation (“NPB”), NATIONAL PENN BANK, a national banking association (“Bank”), and MICHAEL J. HUGHES (“Executive”).

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