0000950123-10-008212 Sample Contracts

CHANGE IN CONTROL SEVERANCE AGREEMENT AMONG PARKVALE FINANCIAL CORPORATION, PARKVALE SAVINGS BANK AND GILBERT A. RIAZZI
Change in Control Severance Agreement • February 3rd, 2010 • Parkvale Financial Corp • Savings institution, federally chartered • Pennsylvania

THIS CHANGE IN CONTROL SEVERANCE AGREEMENT (the “Agreement”), dated this 1st day of February 2010, is among Parkvale Financial Corporation, a Pennsylvania corporation (the “Corporation”), Parkvale Savings Bank, a Pennsylvania-chartered stock savings bank and a wholly owned subsidiary of the Corporation (the “Bank”), and Gilbert A. Riazzi (the “Executive”). The Corporation and the Bank, including any successors to the Corporation or the Bank by merger or otherwise, are collectively referred to as the “Employers”.

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