RP® FINANCIAL, LC. Serving the Financial Services Industry Since 1988 May 11, 2010 Mr. Steven M. Klein Executive Vice President and Chief Financial Officer Northfield Bancorp, Inc. 581 Main Street, Suite 810 Woodbridge, New Jersey 07095 Dear Mr. Klein:Northfield Bancorp, Inc. • June 9th, 2010
This letter sets forth the agreement between Northfield Bank, the wholly-owned subsidiary of Northfield Bancorp, Inc. (the “Company”), which in turn is the majority-owned subsidiary of Northfield Bancorp, MHC, Woodbridge, New Jersey (the “MHC”), and RP® Financial, LC. (“RP Financial”) whereby RP Financial will provide the independent conversion appraisal services in conjunction with the second step conversion transaction by the Company. The scope, timing and fee structure for these appraisal services are described below.
